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Payments Landscape in Ukraine: Opportunities and Risks to 2022

02-26-2019 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Payments Landscape in Ukraine

Payments Landscape in Ukraine

ReportsWeb.com has announced the addition of the “ Payments Landscape in Ukraine” The report provides detailed analysis of market trends in the Ukraine cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, direct debits, and cheques during the review-period.

This report provides top-level market analysis, information and insights into the Ukrainian cards and payments industry, including -
- Current and forecast values for each market in the Ukrainian cards and payments industry, including debit and credit cards.
- An overview of the country's key alternative payment instruments.
- E-commerce market analysis.
- Analysis of various market drivers and regulations governing the Ukrainian cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

Get Sample of the Report: https://www.reportsweb.com/inquiry&RW00012507136/sample

Scope of the Report:
In December 2018, the central bank announced to introduce International Bank Account Number (IBAN) to harmonize the Ukrainian payment area with that of Europe. Following this, from April 1, 2019, all banks in Ukraine are mandated to open accounts with the IBAN standard. The use of IBAN will become mandatory for customers of all Ukrainian banks when making funds transfers both in national and foreign currencies, including during cross-border transfers.

In order to promote electronic payments in the country, the National Bank of Ukraine (NBU) imposed restrictions on cash transactions between individuals and businesses. Effective from September 2013, cash transactions were restricted to UAH150,000 ($5,410.45) per day between individuals and businesses; in January 2017 this limit was reduced to UAH50,000 ($ 1,803.48). Ukrainian law also mandates that merchants must support non-cash transactions. At the time of the announcement, over 140,000 trade and service enterprises were equipped with POS terminals.

Major manufacturers covered in this report:
Privatbank, Oschad bank, Raiffeisen Bank, Ukrsotsbank, BNP Paribas, Visa, Mastercard, PROSTIR, UkrKart

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the Ukrainian cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Ukrainian cards and payments industry.
- Assess the competitive dynamics in the Ukrainian cards and payments industry.
- Gain insights into marketing strategies used for various card types in Ukraine.
- Gain insights into key regulations governing the Ukrainian cards and payments industry.

Get Discount on Report Purchase: https://www.reportsweb.com/inquiry&RW00012507136/discount

Table of Contents:

Market Overview
Executive Summary
Card-based Payments
E-commerce Payments
Alternative Payments
Payment Innovations
Payments Infrastructure & Regulation
Appendix

You Can Place Direct Purchase Payments Landscape Report here: https://www.reportsweb.com/buy&RW00012507136/buy/2750

About us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. ReportsWeb has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.

Contact us:
Phone : +1-646-491-9876
E-Mail : sales@reportsweb.com

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