A similar “timeout” will be applied to the operation of the bank’s ATMs, self-service terminals and POS terminals.
State-owned PrivatBank warned users that on the evening of Saturday, April 6, it will stop card transactions due to scheduled maintenance. This was stated in a statement from the bank’s press service.
“During the work period on April 6 from 00:05 to 07:05 in the morning, the bank will temporarily suspend operations with cards. A similar “time out” will continue to operate ATMs, self-service terminals and bank POS terminals,” the statement said. message.
It was noted that the temporary suspension of card transactions is due to planned work at the processing center, which will help increase the capacity and security of processing the growing volume of card payment transactions.
According to the bank, its processing center now processes an average of 1.7 to 3 million card transactions per hour.
We remind you that on the evening of March 17, routine maintenance was carried out on Privat24, which is why the service did not work.
It was previously reported that PrivatBank doubled its revenue for the year. The bank increased its net retail loan portfolio by 39% and its business loan portfolio by 23%.
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Source: korrespondent

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.