OTP Bank (Kyiv) has begun providing online acquiring services for businesses that sell online, the financial institution announced on Tuesday.
“The online acquiring service has been operational since the first days of 2026. Before the launch, the bank studied competitors’ offers and user needs, and the decision to launch was made taking into account customer requests,” said Serhiy Sereda, director of the corporate products and services department at OTP Bank.
According to the bank’s statement, the service features include connection within two days and crediting of funds from sales twice a day: at the beginning and end of the working day.
According to the bank, the service provides customers with various e-commerce tools, including accepting payments via QR codes and payment links, setting up a payment button on the website, including Apple Pay and Google Pay, as well as automated solutions for integrating payment instruments into customers’ mobile applications.
As Sereda noted, the bank is guided by market rates, and the main users of the service are currently existing customers of the bank. The rate for internet acquiring is 1.5% for Ukrainian bank cards and 2.3% for foreign bank cards. There is a possibility of applying individual rates as the volume of transactions increases.
The bank announced plans to scale up its online acquiring business in 2026 and launch merchant acquiring in the second quarter.
“The project’s benchmarks are customer satisfaction with product quality and service profitability, and the bank expects to reach profitability as soon as possible,” Sereda added.
According to the National Bank, OTP Bank ranked 10th among the country’s 60 banks in terms of total assets as of January 1, 2026, with UAH 135.99 billion. Its net profit for 2025 amounted to UAH 5.45 billion.
