Google Pay became available for the clients of Credit Dnepr Bank. So, since the beginning of 2021, all holders of Visa and Mastercard payment cards from Credit Dnipro Bank can make contactless payments using Google Pay, having joined the best international standards.
"The launch of Google Pay is another step towards the global digital transformation of the financial institution. Soon our bank's clients will be able to use all the innovative banking services that currently exist on the market or are just beginning to be implemented, "said Taras Gorkun, Deputy Chairman of the Board for Retail Business and Digital Transformation of Credit Dnipro Bank.
Google Pay is a quick and easy way to pay by card for goods and services in stores and online. To make contactless payments, you need to download the Google Pay application on your mobile phone and add a Mastercard or Visa card. You can make a purchase quickly and conveniently with one touch - you just need to lift the unlocked smartphone to the payment terminal
Security and protection is the basis of the service. When paying by mobile phone in stores with cards via Google Pay, the customer's card number is not sent anywhere. Instead, a virtual account number is used to protect the customer's data.
Google Pay is supported on NFC-enabled Android devices, Android Lollipop 5.0 and later.
NFC (Near Field Communication) - technology of data exchange at a distance of up to 3-4 cm. It is provided by chips built into plastic cards, mobile phones, watches, bracelets, rings, terminals or other devices. The technology does not require internet or Wi-Fi.
Credit Dnipro Bank is a Ukrainian commercial bank, the beneficiary is Oleksandr Yaroslavsky, a Ukrainian businessman (TOP-10 Forbes Ukraine in 2020), owner of the DCH group (www.dch.com.ua), which combines the assets of such sectors of the economy as finance, industry, transport, construction and development, etc.
The bank is included in the TOP-20 financial institutions of Ukraine in terms of gross assets and according to the classification of the National Bank of Ukraine is in the group of banks with private capital. As of January 1, 2021, the bank's assets amount to UAH 13,028 million, the authorized capital is UAH 3,587 million.