“We started our fruitful cooperation with PayForce in 2017 by developing innovative mobile banking that would allow online issuing prepaid credit cards and their digitalizing in an app, making a smartphone a point of sale. It was long before Apple and Google Pay wallet products appeared in the Ukrainian market. And it was the only solution in Ukraine because other banks had separate payment apps while we had an all-in-one app with the online prepaid credit card issue option.

By continuing the development of our mobile banking system, we and PayForce launched the Remote Identification Module, so crucial for us, in the beginning of this year. Thanks to it, now we can attract new customers who don’t need to visit bank offices. The power of this solution is in a simple and fully automated identification via Diia, realtime face recognition from a picture, and automated comparison with a photo in Diia so that no authorization with photo reproductions is possible.
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Nowadays, the Remote Identification Module allows the clients not only to use classic bank products but also discover new ones, including our new function developed in cooperation with PayForce—a messenger integrated in the mobile banking system. The new module that lets clients of a single bank communicate with each other, send pics, voices, emojis, is encrypted and fully secure,”

Ivan KozhuraDeputy Chairman of the Board at Industrialbank

“Kredobank started working with PayForce in 2018 by implementing an online banking platform for individuals and individual entrepreneurs. Together, we developed mobile apps for iOS and Android and a web version and smoothly integrated it with the Pay4 P2P-transfer service from PayForce.
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One of the advantages of the online banking implemented by Kredobank and PayForce is using accounts of an individual and an IE in the same app and on the same screen. Our clients can check their account balance as individuals and individual entrepreneurs at the same time. This saves time for getting extra permissions and doing additional logins. Another plus is that IEs don’t require to have a separate e-signature from Kredobank. After we did the integration, almost every e-signature certified in Ukraine can be used in our online banking system.
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Now our teams are working on another interesting and quite ambitious project, about which we will tell you later when we prepare a beta,”

Oleksandr Ovcharuk
Executive Director for Digital Business at Kredobank