Corporate clients of Privatbank may now sign payments via SMS
PrivatBank announced the launch of the "SMS signature" service for corporate customers. If necessary, a bank's corporate client can now confirm the payment via the Internet banking system Privat24 by phone sending SMS-message to the bank. The new service will be useful, for example, when one needs to conduct an urgent bill payments, and his CEO does not have access to a computer or Internet.
Since now you can sign payments using a conventional mobile phone that does not need additional software or Internet. Payment confirmation via SMS is similar to using an electronic signature and provides a high level security of operations.
Service "SMS-signature" is available to all users of electronic banking Privat24 for legal entities, and is given free of charge.