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Eng
19 July 2019

Get cash in one touch with NFC technology in ATMs of Raiffeisen Bank Aval

Kyiv. 19 July. — Raiffeisen Bank Aval is the first bank in Ukraine to offer holders of payment cards, issued by any banks, a mass usage of a new service  – getting cash and making other transactions via ATMs in one touch with the use of a contactless card or a mobile device, held closely to a NFC reader.

“Our bank continues to fully renovate and optimize its ATM network by developing new functions and using innovation technologies, commented Oksana Shevchenko, Deputy Chairman of the Board of Raiffeisen Bank Aval. «We are installing the most modern devices – new ATMs, equipped with NFC modules and sensor monitors with high performance and reliability, throughout Ukraine. We consider an ATM as not only a device for getting cash and toping up accounts, but also as a channel for clients to have an access to many other banking services.  That’s why, we plan to expand our network of such innovative devices and introduce new services in future. Security, comfort and reliability – these are the advantages we offer our clients, and we are constantly improving them”, she continued.  

Svitlana Chyrva, Regional Manager of Visa company in Ukraine and Moldova, in her turn, noted: “The market of financial services in Ukraine is developing very fast, and contactless technologies remain in the focus of all the market players – Visa, banks and trade and service institutions. Until quite recently, we have observed this trend mainly in the sphere of payments for goods and services, and since the start of the process of installation of contactless ATMs by Raiffeisen Bank Aval, the NFC technology advantages have also become accessible for clients making ATM  transactions with the use of Visa cards”.      

Use of a NFC technology helps to make all transactions through ATMs of Raiffeisen Bank Aval in a fast, convenient and save way. Now you do not need to insert your card into the card reader and wait for its removal, and there is no risk of forgetting your card in the ATM or swallowing it by the ATM. As the data exchange process is protected by encryption, there is no risk of card data theft by frauds.

At present, over 400 ATMs with an active support of a NFC technology have been installed in Raiffeisen Bank Aval, and all of them have a mark of a contactless technology PayWave/PayPass/е. At the time being, holders of Visa payment cards of all banks are able to take use of the advantages of this technology, and in the nearest time the service will be also accessible for Mastercard cardholders.

To make the transactions you need, you have to hold your contactless card, smartphone or smart watch with a tokenized card (depending on adjustments of your bank) near a NFC reader and enter your card PIN number by following the instructions on the ATM screen.

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Raiffeisen Bank Aval JSC was founded on 27 March 1992. Since October 2005, the bank has become part of the Austrian banking group Raiffeisen Bank International AG. As at 31 December 2018, Raiffeisen Group owned 68.27 per cent of the shares of the bank, and the European Bank for Reconstruction and Development hold 30 per cent of the bank’s stock.

Raiffeisen Bank Aval offers a wide range of standard and innovative services to 2.5 million clients through its nation-wide regional network of about 500 branches all around Ukraine as at the end of December 2018.

www.aval.ua