Ukraine launches eCheck: digital cheques will appear in banking applications
The pilot project «eCheck», which involves the transition from paper to digital cheques. At the first stage, the service is already available to customers of four banks.
Who participates in the pilot
The service is currently being tested by customers PrivatBank, FUIB, VST Bank and monobank. At the same time, large retail chains such as Aurora, Fora and Auchan began to introduce electronic receipts.
How eCheck will work«
After the purchase is paid for, the digital receipt will automatically appear in the customer's banking application - both for offline and online payments. The document will be stored in the database, which will allow you to quickly find it in case you need to exchange goods or get them repaired under warranty.
During the testing phase, customers will receive two formats of purchase confirmation at once - electronic and paper.
What it changes
The launch of eCheck is intended to gradually reduce the use of paper receipts and simplify the storage of purchase confirmations for consumers. After the pilot, the service is expected to be rolled out to other banks and retailers.
Context.
The digitalisation of financial services is part of a broader strategy to develop electronic services in Ukraine. Similar solutions are already being used in a number of EU countries as part of a paperless economy.
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