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Garmin Pay
Contactless payment service for Garmin sports watch owners
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Set up Garmin Pay
The service works with Visa and Mastercard cards on watch models with NFC module
Connect your watch
Install the Garmin Connect app on your smartphone and connect your devices to it
Create a wallet
Create an e-wallet and a pin code for payment
Add a card
Add your Mastercard or Visa card
Enter the verification code
Enter the code you receive in the SMS and click "Check"
Pay easily and securely
Enter your PIN, select a card from your virtual wallet, and hold your hand near the terminal.
No wallet! No phone! No problems!
Order a card Don't have a Raiffeisen Bank card yet? Order it now and pay with Google Pay.
Useful information
Where can I pay with Garmin Pay?
Wherever contactless payment is supported. These shops are indicated by 
How secure is payment for goods and services with Garmin Pay?
For each purchase, a token is used instead of the real card number, the data on your card is securely encrypted. Also, once a day or if the watch has been removed from your hand, you need to enter a password before payment.
What smartphones can I install the Garmin Connect app and sync the watch on?
iOS 9.0 and above, Android 4.4 and above, support for Bluetooth 4.0.
How much does it cost to connect and use the Garmin Pay service?
Garmin Pay is free. No additional fees are charged.
News
All newsRaiffeisen Bank Becomes the First in Ukraine to benefit from the First-Loss Risk Cover mechanism for Investment Projects supported by the EBRD and European Union
Raiffeisen Bank and the European Bank for Reconstruction and Development are partnering on a project-by-project risk-sharing programme to provide long-term financing to SMEs and midcaps for more complex investment projects, including those affected by wartime uncertainty. Enabled thanks to first-loss risk cover from the European Union (EU) under the Ukraine Investment Framework (UIF) as part of the Ukraine SME Recovery Programme.
EU-funded War Risk Coverage Grant to help Ukraine's MSMEs insure EBRD-financed investments against war risk
At the Ukraine Recovery Conference 2026 in Gdańsk, the EBRD, the European Commission, the Export Credit Agency of Ukraine ("ECA"), Raiffeisen Bank Ukraine and INGO announced their intention to implement the War Risk Coverage Grant ("WRCG") – a EUR 5 million, EU-funded pilot established under the EBRD-European Union contribution agreement signed in May 2026 within the Ukraine Investment Framework. The WRCG will help eligible Ukrainian micro, small and medium-sized enterprises ("MSMEs") afford war-risk insurance for the fixed assets they finance through EBRD-supported capex lending in Ukraine.
Raiffeisen Bank Ukraine signed a Mandate Letter with IFC on a potential risk-sharing facility to support businesses in Ukraine
The potential instrument would be designed to expand access to lending for micro, small and medium-sized businesses, as well as mid-market companies that continue to operate, invest in development, and support the recovery of the economy under wartime conditions.
