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Oschadbank, PrivatBank, Raiffeisen Bank Aval to cut interchange fee by 2023
Journal Staff Report

KYIV, April 2 – Oschadbank, PrivatBank and Raiffeisen Bank Aval (Kyiv) have announced their readiness to gradually reduce the interchange fee to 0.9% by July 2023 and called on the Verkhovna Rada to abandon the market regulation of the acquiring fee, PrivatBank's press service reported on Friday.

With this statement, the banks turned to the Verkhovna Rada, the Cabinet of Ministers, the National Bank of Ukraine, banking and financial institutions and representatives of retail trade.




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