The technology of new-fangled payment by phone or smartwatch brings the procedure of purchasing goods to a new qualitative way. Firstly, from now on you can do without cash (contactless payments are available even for paying for public transport). Well, secondly, payments with a smartphone are many times safer than with a familiar credit card. And here's why.

If a potential attacker steals a bank card, he will be able to pay with it in some online stores or withdraw funds in other criminal ways (knowing the credit card number, expiration date and CVV code). For mobile gadgets with a linked card, everything is different — its data is stored on board the device in encrypted form and in order to use the payment wallet service, you will need biometric confirmation (fingerprint or face scanning).

The advantages of the contactless payment method are quite obvious — payments with a smartphone or a watch take a minimum of time, cards or cash can be left at home, and the security of such payments tends to 100%.

"Debriefing" regarding the support of contactless payment methods by banking institutions, we will start with a system from Google.

Google Pay

Google launched its own payment service for mobile gadgets under the control of a "green droid" in 2015. The newly minted Android Pay was based on the first swallow among payment systems — Google Wallet. At the very dawn of 2018, the service was renamed Google Pay. He is still known by this name.

The Google Pay service allows you to pay for purchases using Android smartphones, tablets and smartwatches equipped with an NFC module.

Just attach your smartphone to the payment terminal and your purchase will be paid.

Google's payment system came to Ukraine on November 1, 2018, then still under the Android Pay naming. As of the time of publication of the article , its support is stated in the following list of banks:

  • A-Bank (Accent Bank — Visa cards only)
  • Akordbank (Mastercard cards only)
  • Altbank (Mastercard cards only)
  • Alfa-Bank
  • Alliance Bank (Mastercard cards only)
  • Bank Vostok
  • Bank Clearing Dim (Visa cards only)
  • Bank Pivdenniy
  • Idea Bank (Visa cards only)
  • Industrialbank (Visa cards only)
  • CONCORD Bank
  • Credit Agricole Bank
  • KRISTALLBANK (Mastercard cards only)
  • Misto Bank
  • Monobank (Universal Bank)
  • MTB Bank
  • OTP Bank
  • Oschadbank
  • The first Ukrainian People's Bank (FUIB)
  • Piraeus Bank
  • PrivatBank
  • ProCredit Bank (Visa cards only)
  • RADABANK
  • Raiffeisen Bank Aval
  • Sberbank
  • TASKOMBANK
  • Ukrgasbank (Visa cards only)
  • Ukreximbank
  • UkrSibbank (Mastercard cards only)
  • Forward Bank (Visa cards only)
  • Yandex Bank (Mastercard debit cards only)
Popular Android smartphones with NFC support (contactless payment)

Apple Pay

The Apple mobile payment system Apple Pay was presented to the public at the WWDC-2014 conference. Users of "iPhones" (starting with the 6th model) were able to pay using NFC technology in stores, when traveling in transport, etc. Owners of Apple smartphones without an NFC chip were asked to resort to the services of the newly made Apple Watch.

The "apple" payment service is very popular among the "carriers" of Apple mobile equipment.

The launch of the Apple Pay payment service in Ukraine was given on May 17, 2018. Initially, the service was available only to issuers of PrivatBank cards. To date, financial institutions from the list below provide support for the service:

  • A-Bank (Accent Bank)
  • Akordbank
  • Altbank
  • Alfa-Bank
  • Bank Vostok
  • Bank Clearing dim
  • Bank Pivdenniy
  • Industrialbank
  • CONCORD Bank
  • Credit Agricole Bank
  • Credobank
  • Monobank
  • MTB BANK
  • OTP Bank
  • Oschadbank
  • The first Ukrainian People's Bank (FUIB)
  • PrivatBank
  • ProCredit Bank
  • RADABANK
  • Raiffeisen Bank Aval
  • Sberbank
  • TASKOMBANK
  • Ukrgasbank
  • Ukreximbank
  • UkrSibbank
  • Forward Bank
  • Yandex Bank
Apple smartphones with NFC support (contactless payment)

Garmin Pay

Garmin's ecosystem of wearable fitness assistants brings together many smartwatches with support for contactless payment for purchases under the wing. The American company decided not to follow the lead of other "players" in this arena and created its own Garmin Pay settlement service.

Garmin has chosen its own path and created a proprietary contactless payment service Garmin Pay.

Garmin Pay technology joined the Ukrainian banking system on July 24, 2018. Now you can resort to its services by having a card of one of a dozen banks on the list:

  • Alfa-Bank
  • Bank Pivdenniy
  • CONCORD Bank
  • Credit Agricole Bank
  • Monobank
  • OTP Bank
  • Oschadbank
  • The first Ukrainian People's Bank (FUIB)
  • PrivatBank
  • Raiffeisen Bank Aval
  • Ukreximbank
Garmin smartwatch with contactless payment support

Samsung Pay

Since its launch in 2015, the Samsung Pay mobile payment service has gone beyond its native South Korean penates and operates in 26 countries. Ukraine is not on this list yet, but the expansion of the habitat of the payment system is expected in 2020.

The habitats of the Samsung Pay payment system continue to expand.

Pay simply and safely!