NovaPay, a financial company of the Nova group of companies, has installed 2.8 thousand of its own POS terminals in 1.9 thousand Nova Poshta offices across Ukraine, except for the temporarily occupied territories, the company said in a statement on Tuesday.
“Our goal is to provide all Nova Poshta branches with NovaPay POS terminals,” the release quotes NovaPay Chief Innovation Officer Oleksiy Ruban as saying.
According to him, the installation of its own POS terminals increases the speed and security of service, and also allows you to quickly resolve problematic issues in case of equipment failures and not to seek help from partner banks.
At the beginning of this year, Nova Poshta’s network in Ukraine consisted of 11.46 thousand branches and 15.59 thousand post offices in more than 10 thousand settlements throughout Ukraine.
As reported, NovaPay plans to install 10 thousand POS terminals in Ukraine by 2025.
NovaPay is an international financial service founded in 2001, part of the Nova group, which provides online and offline financial services at Nova Poshta offices. According to its website, the company employs about 13 thousand people in more than 3.6 thousand Nova Poshta offices across Ukraine. According to the National Bank of Ukraine, the company accounts for 35% of the total volume of domestic money transfers.
The total number of transactions through NovaPay in 2023 reached 354 million, which is 31% more than in the previous year, and their amount increased by 41% to UAH 235.5 billion.
