OREANDA-NEWS. December 27, 2011. PrivatBank started to sell mobile payment terminals that allow any person to accept payments by VISA /MasterCard cards. The launch of mass sales of the new devices was announced by Alexander Vityaz, the Head of PrivatBank E-business Center.

Mobile payment terminal is a tiny device which allows to accept banking-card payments via smartphone, tablet or computer. The mobile terminal can be easily connected to a computer or mobile device via a headphone jack. To start receiving payments by cards client needs simply to install a free iPay software application available for users of Windows, Mac OS and Linux as well as iOS and Android. This application can be downloaded to a device from the bank's web-site, "iTunes App Store" or "Android Market".

"Portable card reader is able to transform any modern phone, tablet or PC into a POS-terminal, this technology fundamentally expands the market of cashless payments and simplifies acquiring technology. Now paying-off with a card can be used anywhere - in a taxi, a notary’s office, at the market, at a kiosk, for rent - wherever  settlements exist, - says the vice chairman of PrivatBank Alexander Vityaz. - In fact, anyone, whether an individual or a legal entity, may accept payments by VISA /MasterCard cards for business purpose or for personal needs. "

As stressed, at PrivatBank, apart from the obvious advantages of quick and easy involvement in card payments accepting, mobile terminals will also allow entrepreneurs to meet the legislative requirements of equipping all sales and service points with devices for card payments, without extra expenses. The fee for receiving payments by means of cards issued by PrivatBank is 1.5% and for cards of other banks - 2.7%. Receipts are entered to a card or a settlement account by customer's choice. The terminal equipment costs UAH20, this sum is reimbursed after the first payment, so the device is in fact free of charge for the bank’s clients.

The payment mini-terminals can be purchased at PrivatBank offices, PeopleNet service centres, can be ordered via web-site, Privat24 or by means of SMS (one should just send to the phone number +380923330034:  the number of devices needed, e.g. if you need one terminal - send number “1”, 2 terminals – “2”, etc.). Delivery to regional centres is performed within one day, a qualified courier will not only deliver a terminal to a customer but also assist to install the software and to instruct the staff.