Ukrainian Payment Services Comparison
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There are many non-bank payment systems operating in Ukraine that allow users to send and receive money transfers, pay for goods and services online, and accept payments in online stores. Acquiring services create favorable conditions for e-commerce platforms and allow users to safely purchase goods and services online. Thanks to the modern capabilities of payment systems, private customers get convenient tools for P2P transfers, payment for services and online purchases. We have collected the TOP of the best Ukrainian acquiring services and will analyze their features and advantages.
EasyPay
EasyPay is one of the most popular Ukrainian payment systems, offering modern solutions for businesses and a wide range of services for individuals. The service has been operating in the Ukrainian market for more than 15 years, has tens of thousands of terminals across the country, a convenient mobile application and an e-wallet for cash and cashless payments, such as recharging bank cards, paying utility bills, buying tickets, making online purchases, etc. Any type of payment is possible – in cash through a terminal, card-to-card or by bank details. EasyPay is a payment service that has been tried and tested over the years, has high-quality 24/7 support and its own IT staff, guarantees the security and reliability of payments, and offers competitive rates for corporate customers.
EasyPay provides convenient technical integration with websites of online stores, Internet service providers, and companies in various industries that sell goods and services and accept payments online. Users get a convenient way to make secure online payments, and businesses get a suite of useful tools for sales management, reporting, and payment processing. The service allows you to set up recurring payments for subscriptions, securely store payment details, and automatically generate invoices. Security meets the international standard for protecting online transactions.
![](https://kitapp.pro/wp-content/uploads/2024/07/easapay-logo.webp)
WayForPay
WayForPay is a popular payment system that has been operating on the Ukrainian market since 2014. The service has created several payment products for businesses that simplify the processes of online commerce and sales of services, even if the company does not have its own website. The functionality of the system goes far beyond online payments: WayForPay offers ready-made solutions for freelancers, information companies, travel companies, restaurants and cafes, delivery services, taxis, marketplaces, online stores and other types of online and offline businesses, and provides convenient tools for donations and targeted collections. Businesses have access to various tools such as QR terminals and menus, integration with software cash registers, website and landing page builders with connected payment modules, promotion and discount generators, custom design of payment pages and widgets, and much more.
The advantages of the system are its versatility, multifunctionality and the ability to use payment instruments for any product – from online commerce to offline business. Integration with mobile applications provides the ability to store payments and quickly add cards to the application. Online stores and marketplaces can implement one-click payments, set up recurring payments, refund customers, and sell goods and services in installments from four leading Ukrainian banks without additional integrations. Individual terms of cooperation are chosen for each client and support is available 24/7. The personal account offers a wide range of tools for payment management, analysis and reporting. The WayForPay_Bot payment control and invoicing bot provides additional convenience. The system is reliably protected against fraudulent transactions with customer cards.
![](https://kitapp.pro/wp-content/uploads/2024/07/wayforpay-logo.webp)
NovaPay
The NovaPay payment system was created by Nova Poshta in 2018 and immediately conquered the online payment market. The service offers a large number of different products and tools for individuals and businesses – not only Nova Poshta payment services, but also money transfers, utility bills, Internet acquiring, and much more. The NovaPay mobile application allows the use of a branded card for money transfers and cash withdrawals. Users have the option to receive a package on credit, pay bills, and set up automatic recurring payments. Transfers can be made in any convenient way – on the website, at Nova Poshta branches or in the mobile application.
The company offers a wide range of services for businesses: you can open a sole proprietorship account with NovaPay, use a multifunctional business account, connect Internet acquiring for websites and mobile applications, receive cash on delivery when sending goods via Nova Poshta, credit cash sales revenues to the company’s account, and repay loans. NovaPay offers businesses three modes of crediting money transfers from customers. Depending on the specifics of inventory management, the seller can choose the option of quick transfer, manage payments independently, or use the reliable purchase function. In addition to secure financial services for interacting with customers, businesses receive convenient logistics tools such as automatic creation of express bills of lading, tracking of package status, and compensation for delivery in the event of customer refusal. These and many other features have quickly made NovaPay one of the leading payment systems in Ukraine.
![](https://kitapp.pro/wp-content/uploads/2024/07/novapay-logo.comp_.webp)
LiqPay
LiqPay payment service has been operating in Ukraine since 2008, constantly expanding its functionality for private p2p transfers and businesses accepting payments on websites and mobile applications. Users are offered several payment methods – via PrivatPay, Google Pay and Apple Pay, QR code, Face in FacePay24, cash at self-service terminals and manual entry of card details. Integration with LiqPay allows you to make installment payments from PrivatBank on websites and applications. In the Business Cabinet you will find useful functions for keeping company accounts: payment analysis, payment refunds, invoices and reports. All functions are available in a convenient mobile application.
The LiqPay system offers industry-specific solutions for various business areas: online stores, delivery services, HoReCa, charitable organizations, marketplaces, credit and insurance companies, and condominiums. The payment tool is suitable for sellers of goods and services through websites, messengers and social networks. Extensive functionality is available for integration with mobile applications. LiqPay provides convenient marketing tools such as setting up customer loyalty programs, offering discounts and promotional codes on the payment page. To optimize sales and tax reporting, the company provides PPO software from Privatbank.
![](https://kitapp.pro/wp-content/uploads/2024/07/liqpay-logo.comp_.webp)
Portmone
Millions of people in Ukraine use Portmone to make online payments and various types of money transfers. The system offers users a wide range of financial services and provides modern tools for integrating the payment system with websites and mobile applications. Among individual customers, the most popular options for everyday payments are card-to-card money transfers, payment of loans and fines, payment of necessities, utility bills, mobile communications, tuition fees and taxes. Portmone’s database contains details of several thousand utilities and institutions to simplify the payment process. Users can set up automatic payments and securely store their payment card details in the system.
The Portmone service is used by many Ukrainian companies of various sizes, online shops, enterprises, state and municipal institutions, banks and credit organizations. The level of security meets international standards, which is confirmed by the corresponding certificate. The service offers transparent tariffs, convenient connection mechanisms and round-the-clock support. API, iOS and Android SDK, as well as special payment modules for CMS systems can be used to integrate with websites and mobile applications.
![](https://kitapp.pro/wp-content/uploads/2024/07/portmone-logo-comp.webp)
Fondy
Fondy payment system provides advanced online acquiring services for Ukrainian companies, online stores and entrepreneurs selling goods and services online or offline. The tool is widely used by e-commerce and infobusiness companies, charitable foundations, marketplaces, delivery services, etc. Tariffs for companies are made individually depending on the monthly turnover and specifics of the activity. Both legal entities and individual entrepreneurs can connect to Fondy. The system has high quality technical support and ensures high speed of payments. The service is used by start-ups as well as large system companies that want to receive payments not only in Ukraine, but also from foreign clients and partners.
Integration with mobile and web platforms is done through API, and Fondy also offers ready-made modules for popular CMS. The service supports major payment methods (Apple Pay, Google Pay, Visa, Mastercard) in more than 200 countries and 150 currencies. With Fondy, you can receive payments from different countries, set up recurring charges, start selling, and accept payments through different channels – websites, mobile applications, social networks, messengers, and chatbots. Merchants can receive payments both on and off their own website, with features for sending payment links and generating multi-currency invoices. If you want, you can use a free web builder and create a landing page with a ready-made payment acquiring plugin.
![](https://kitapp.pro/wp-content/uploads/2024/07/fody-logo-compa-1.webp)
P2P transfer ban in Ukraine – what you need to know
Since the beginning of the full-scale invasion, the National Bank of Ukraine has imposed a number of restrictions on hryvnia and foreign currency financial transactions. Currently, there are restrictions on money transfers abroad, cash withdrawals from ATMs, foreign currency purchases, transfers through POS terminals, etc. In June 2024, the NBU announced that it was preparing a decision to restrict P2P (person-to-person) transfers between individuals. It is not a complete ban on card-to-card transfers, but the essence of the innovation is different: it is planned to introduce limits of 100 thousand UAH and 30 outgoing transactions from one account per month. There are no plans to limit incoming transfers in order not to complicate the work of volunteers.
At the time of writing, the decision to limit p2p transfers in Ukraine is still being considered and has not been finalized – card-to-card transfers have not been banned. But today, banks have already received a letter from the National Bank recommending that they scrutinize atypical transactions on their clients’ card accounts. Such measures are primarily aimed at combating money laundering, illegal gambling, illegal business activities, shadow wages and other violations. The NBU estimates that about 95% of users will not even notice the new restrictions, as most people do not exceed the limits in their daily lives.
How do I choose an acquiring service for my business?
Each payment system has its own unique features and benefits, so your choice should be based on your individual needs and requirements. How to choose the right acquiring service:
- Formulate your business needs – what tasks you want to solve with the help of a payment service, what results you want to achieve;
- Familiarize yourself with the list of services on the official websites of each system, compare the offers with your requirements;
- Get information about additional services and related technical tools that could simplify your work;
- Compare the level of costs – transaction fees or fixed fees for using the system;
- Evaluate the efficiency, accessibility and responsiveness of the support service;
- Make sure the payment service is licensed and PCI DSS compliant;
- Evaluate the system through the eyes of your customers – how convenient it will be for them to use the selected payment instruments;
- Check the availability of all necessary payment methods (Visa, Mastercard, Apple Pay, Google Pay, terminals, etc.).
And most importantly, consult with specialists about the technical feasibility of integrating the payment service into your website or mobile application. You can get such advice from our KitApp team. Leave a request on our website and we will help you choose the best acquiring service for your needs and integrate it into your mobile and web platforms.