Khreschatik Bank : Khreschatyk Bank launches contactless cards with digital signature

KhreschatykBankenhances functionality of MasterCard and Visa payment cards.

'Taking into consideration the rhythm of today's life and catering to the needs of private and public sectors, Khreschatyk Bank implements MasterCard PayPass and Visa payWave products which help substantially save time and improve the quality of life', Maryna Nesterovska, Retail Business Department Director says. 'What makes the MasterCardPayPass solution unique is the presence of an electronic digital signature (EDS) which turns an ordinary payment card into an electronic ID and enables the holder of this card to identify himself on government portals, handle electronic document flow, sign tax declarations and other reports. In addition, the innovative contactless payment technology enables convenient use of municipal services, in particular, payment of fares in city transport, and in general, payment for your purchases in just one touch. All you have to do is to hold your card against the contactless reading device at the checkout or a terminal inside the transport vehicle.'