E-payments

Kyiv startup Advice Wallet secures $1.5 million from Russia’s Life.SREDA

Life.SREDA, a Moscow-based venture capital firm focusing on mobile and online fintech startups, is to invest $1.5 million in Settle, a mobile payment service developed by Kyiv (Kiev) -based startup Advice Wallet. Combining mobile payments and a loyalty scheme in one app, Settle makes it possible to both order and then pay your bill at a restaurant or café through …

Kyiv startup Advice Wallet secures $1.5 million from Russia’s Life.SREDA Read More

Contactless payment use grows three-fold in five months in Ukraine

Payment for goods and services using contactless payment cards is gaining popularity in Ukraine. The Ukrainian Processing Center (UPC) has recorded a threefold increase in the turnover and the number of transactions using NFC-supported cards emitted by UPC’s five partnering banks. The average transaction value increased slightly from 48 hryvnias at the end of December …

Contactless payment use grows three-fold in five months in Ukraine Read More

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