We inform you that Piraeus Bank suspended cooperation with the international payment system MasterCard. Starting from December 29 this year cards authorization, as well as ability to withdraw cash at ATMs and cash desks of Piraeus Bank branches will be stopped. At the same time Visa Int. payment cards service remains unchanged.
According to Katerina Vinnitskaya, deputy director of retail banking department: “The decision to suspended cooperation with the international payment system MasterCard was made in the framework of the bank's strategy to assess the profitability of various business lines. Piraeus Bank, as a principal member of the MC had not issued cards and provided only services for cash withdrawal from Master Cards in branches’ cash desks and ATMs. Due to a optimized network of branches and ATMs, as well as the sharp hryvnia devaluation the profitability of such operations has decreased. In other words, the interchange commission, received by the bank for these operations, does not cover payment system commission and processing. The Bank's strategy requires refusal of the loss-making activities”.
Piraeus Bank remains a member of the ATM network “Atmosphere”, that has more than 1 800 ATMs throughout Ukraine. All Piraeus Bank customers, holders of Visa Int. card holders, can withdraw cash from ATMs of other bank’s-participants of “Atmosphere” network discounted tariffs.
Full list of members of the “Atmosphere” network can be found here.
Dear customers, starting today, August 16, 2022, all cardholders of Visa cards from Piraeus Bank have the opportunity to use the Apple Pay service...
Dear customers - cardholders of Piraeus Bank cards issued to accounts in UAH, please consider the following information:...
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.