Trans-Fast international payment system enters Ukrainian market

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Open source

The National Bank has agreed on the operating conditions in Ukraine of the Trans-Fast international payment system, which provides money transfer services to more than 125 countries with over 300 participants.

According to financial regulator, entering of a new payment system the Ukrainian state market confirms the country’s attractiveness for investors and provides a new impetus for improving the quality of financial services and developing the market of payment systems.

Trans-Fast system has become the eighth international payment system in Ukraine working with the transfer of funds, whose payment organization is a non-resident.

National Bank plans to transfer its electronic payment system to an expanded operating schedule, that is, 23 hours a day, 7 days a week from April 2020.

Lime Money payment system launched in Ukraine – NBU.

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