Chip cards

Chip card - is payment tool that provides big possibilities to its holder. Modern chip cards posses the highest level of protection in the industry of payment cards. Implementation of chip technologies allows to realize number of possibilities, which earlier were inaccessible or difficult to realize - by one card it is possible to bring into play both debit and credit application, and also application of loyalty (accounting of bonuses and discounts). In future this card may contain your medical card, become identifier in state institution, for example, in pension fund, to control non-money expenses, and, at last, to be alternative to passport, and more - social card.

Today PRAVEX-BANK issues chip cards of 2 types: Visa Electron Int., Visa Classic Int.

Visa Electron Int.

Visa Classic Int.

Currency of account - UAH, USD, EUR
Multicurrency - USD/UAH/EUR, USD/EUR, USD/UAH, EUR/UAH

Main advantages of chip cards, proposed by PRAVEX-BANK:

• Provide a higher level of payments security, protecting information of card holder from unapproved using
• More perfect protection from forging and fraudulent operations as chip card (smart card) can be produced only in industrial way, on contrast from magnetic card, and, as it follows, it can not be copied
• For widening of acquiring net of acceptance chip card is provided with magnetic stripe
• Chip card has longer duration as compared with card, equipped with magnetic stripe (as chip is less exposed to mechanical damages)
• On contrast from cards with magnetic stripe chip cards can process and save data