Developers of Privatbank showed revolutionary e-banking
Some days ago Ukrainian Privatbank presented the number of revolutionary developments to IT-community. In the nearest future one will be able to withdraw money from ATMs, pay for purchases and fill up his car using a mobile phone. The bank assured that the role of payment cards will be gradually decreasing. They will be replaced by the contactless payment technology.
According to Olexander Vitiaz, Deputy Chairman of Privatbank, current trend is virtualization of products and services, and contactless interface is one of possible ways to implement it. And Privatbank moves in this direction. Owners of small and medium-sized businesses may already accept payments via QR codes.