Ukraine’s Oschadbank Develops Online, Mobile Banking

Oschadbank, Ukraine’s state savings bank, announced that they have installed remote banking services that will support the integration of a single payments system through providing cards, security, payments and transfers, reports Banking Technology. Oschadbank is located in the capital and operates through 6,000 offices. Some of their services currently include disbursing pensions, social aid and processing utility payments. Oschadbank will use Way’s platform to enhance self-service abilities and introduce mobile banking. Way 4 will also help Oschadbank to combine its online and mobile banking services. The bank is working to allow customers to conduct banking through the use of virtual cards and open new accounts from any location.

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