PrivatBank announced today it has partnered with InComm, a leading prepaid product and transaction services company, to launch prepaid products to its customers in Ukraine.
The strategic partnership between the two companies will afford Ukrainian customers the opportunity to purchase prepaid codes and immediately top up their or anyone else's account without incurring any additional fees.
"Together with InComm, we are opening the opportunity to the more than 45 million Ukrainians to use one of the world's most popular services," said Olga Khudik, Head of PrivatBank e-Commerce department. "The purchase of the prepaid codes through PrivatBank guarantees the payment security and authenticity of the codes for our customers."
Today, PrivatBank customers can purchase prepaid codes through the web version of Privat24. The purchase of prepaid codes through the PrivatBank mobile application will be available in August 2016. Account funds can be used to add credit to video chat and voice call applications. The two companies plan to expand the product line in the future.
"We are pleased to have taken the first step in our strategic partnership with PrivatBank to supply prepaid codes to their customers in Ukraine," said Frank Monaco, Executive Vice President and General Manager, InComm International. "In conjunction with our product partners and PrivatBank, we are pleased to work together to achieve a successful and exciting launch."