Science and technology, explained simply
In November 2023, the Ukrainian military will receive salaries under new, differentiated rules. The amount of payments will differ depending on the nature of military service. This was reported by the Pro Groshi publication. In particular, the amount of payments and the right to additional payments depends on direct participation in hostilities and the performance […]
At the end of last week, the Antimonopoly Committee of Ukraine (AMCU) allowed payment companies Mastercard and Visa to reduce the level of domestic interbank fees. This was reported by the press service of the department. The rate cut applies to domestic interbank fees for consumer payment details. The relevant amendments are made to the […]
President Joe Biden’s Special Representative for Ukraine’s Economic Recovery Penny Pritzker says the United States is working to transfer Russian assets to Ukraine This was reported by the Financial Times. According to Biden’s special representative, the United States has frozen $8 billion worth of Russian sovereign assets, most of which are located in the EU […]
British bank HSBC will stop making cross-border payments for corporate clients in Russia and Belarus on October 27. The UK’s largest financial group, which includes Hong Kong’s Hang Seng Bank, has so far maintained a payment channel between Russia and Hong Kong. This was reported by The Moscow Times. In the summer, U.S. officials persuaded […]
monobank has launched international delivery of physical payment cards to more than 180 countries. This was announced by the company’s co-founder Oleg Gorokhovsky. “If you are already with us and need plastic, order it. If you have long wanted to become a mono customer from abroad (only for residents of Ukraine), order it. Everything is […]
During his visit to Kyiv, U.S. Secretary of State Anthony Blinken said that it is the Russians who must pay for the full-scale war against Ukraine. In the near future, Ukraine will for the first time receive assets from the United States that were confiscated by the country from Russian oligarchs. The funds will be […]
Visa Inc. and Mastercard Inc. are planning to increase the commission paid by many retailers when accepting credit and debit cards. Bloomberg reports. According to the publication, Visa will start charging additional fees in October for online transactions, and in April for commercial credit, debit, and payment cards, as well as for prepaid payments. According […]
The National Bank allowed Ukrainians to buy non-cash currency without additional conditions, as it was before the full-scale war. Previously, it was possible to purchase foreign currency with its placement on a continuous bank deposit for a period of three months or more in an amount equivalent to UAH 100,000. now it has been increased […]
Monobank co-founder Oleg Gorokhovsky said that the first physical branch of the bank will definitely be opened in Crimea within one month after the de-occupation. He said this during the third summit of the Crimean Platform, according to the Ministry of Reconstruction of Ukraine. During his speech, Gorokhovsky said that the bank’s policy is to […]
Mastercard and Visa have decided to suspend their cooperation with Binance, a major cryptocurrency exchange that is facing problems due to international regulations. Companies obviously want to distance themselves from cryptocurrency markets. This was reported by Bloomberg. Starting in July, Viza stopped issuing new joint cards with Binance in Europe. Mastercard will also terminate all […]