Trans-Fast enters Ukrainian market – NBU

Trans-Fast has become the eighth international payment system in Ukraine, whose payment organization is a non-resident.

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The National Bank of Ukraine (NBU) says it has agreed on the operating conditions in Ukraine of the Trans-Fast international payment system, which provides money transfer services to more than 125 countries with over 300 participants.

The entering of a new payment system the Ukrainian market confirms the country's attractiveness for investors and provides a new impetus for improving the quality of financial services and developing the market of payment systems, the NBU said on its website on November 27.

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Trans-Fast has become the eighth international payment system in Ukraine working with the transfer of funds, whose payment organization is a non-resident.

As UNIAN reported earlier, the National Bank plans to transfer its electronic payment system to an expanded schedule of work, that is 23 hours a day, seven days a week from April 2020.

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