NovaPay payment system is launching a beta version of a mobile application that will allow customers to open a payment account, issue a virtual card, and conduct financial transactions with it.
“Customers will receive a 20% discount, which can be used to pay for shipments, parcel receipt, and cash on delivery. At the same time, all the usual money transactions and quick registration are available in the app,” the company explained in a press release on Wednesday.
According to NovaPay, account opening, maintenance, payments, transfers, and cash withdrawals up to UAH 100 thousand are now free of charge, while only domestic payments and transfers are available.
“…it is not yet possible to pay abroad with a NovaPay card, pay for goods on foreign websites, or pay for services of companies not registered in Ukraine,” the release says.
It is noted that the application allows you to make transfers to cards and accounts using the details, issue parcels on credit (through the subsidiary NovaPay Credit LLC – IF-U), pay for utilities, replenish your mobile account, receive cash on delivery for parcels on the card, and send a transfer from the card to a Nova Poshta branch.
According to the release, in order to use the NovaPay app, customers need to register with Diia, and soon it will be possible to do so at Nova Poshta (NP) outlets.
In addition, through the app, you can order a plastic payment card from MasterCard and receive it at the nearest branch or post office with free delivery.
“This became possible thanks to an extended license from the NBU; currently, NovaPay is the only Ukrainian fintech company to have received it. The limited beta version is already available for download on Google Play,” the press service summarized.
Founded in 2001, NovaPay is an international financial service that is part of the Nova Poshta group of companies and provides online and offline financial services in more than 3,500 NP branches. According to its website, the company employs about 13 thousand people in 24 branches across Ukraine.
According to the NBU, the company accounts for 35% of total domestic money transfers and is the leader in domestic money transfers, but the share of transfers made through it has decreased from 45% in May-December 2022.
