Privat24, PrivatBank‘s revolutionary electronic payment system, has become the most popular application for Samsung’s Galaxy Gear S2 smart watch among Ukrainian users, according to Samsung Electronics.
The Privat24 app allows any Samsung smart watch user to make contactless payments for purchases in retail stores in Ukraine as well as all over the world.
The contactless payments is a hassle-free option which allows users to simply show the watch display to a card reader when making purchases rather than exchange cash or swipe a card. The user’s bank information, already stored in the app, is then charged.
Privat24 contactless payments via smart watches are available for use in over 55,000 outlets with MasterCard and PayPass in Ukraine, including on the subway and express tramway stations in Kiev.
There are five other applications from Ukrainian developers in the top twelve for the smart watch including a foreign exchange rate guide, ATM locator, taxi ordering service, patriotic skins, and UA Life.
Find out more at Privat24.