In August, Ukraine celebrates the 31st anniversary of its independence, and although this year we are forced to fight for sovereignty, every Ukrainian confidently holds his front, making a daily contribution to the victory and further development of our country.
What are the main achievements:
Electronic the documents. Ukraine is the first country in the world to equate electronic passports with paper counterparts. So, an electronic passport has the same legal force as a physical one and can be used in any institutions or organizations to identify and verify identity. In addition to the citizen’s passport, the state has also digitized and allowed the use of electronic international passports, electronic driver’s licenses, birth certificates, IDP certificates, covid certificates, etc. brand of Ukraine as a digital state. All electronic documents are available in the Diya application, in which 18 million citizens have already registered.
payment market. As of June 2022, 103 million payment cards have been issued in Ukraine, according to the statistics of the National Bank of Ukraine, customers prefer cashless payments, since 9 out of 10 transactions are cashless. At the same time, every second card is contactless, and every sixth is tokenized, that is, added to Apply Pay / Google Pay wallets. Ukrainians are open to innovation and willingly pay with smartphones, watches and other payment devices. According to payment systems, Ukraine is one of the leaders among the eurozone countries in terms of the number of NFC payments and the share of their growth. Even the war did not significantly affect the dynamics and trends in the payment segment. Despite the extreme conditions, the implementation of the payment infrastructure in accordance with European legislation, the introduction of open banking and the launch of electronic money do not stop.
numberallization in banks. There are 68 banks in Ukraine, which creates conditions for competition and continuous development of innovations, improvement of their services. Speed, convenience, security are the main principles on which the Ukrainian banking system is built for the client. 51 banks have a mobile application or a web version of Internet banking, which allows users to receive all key services online. 15 banks have already launched the remote identification functionality, which allows a person to become a new client and open a virtual card without visiting a branch. The procedure for registering a new client takes from 2 minutes, since its documents can be obtained directly from state registers thanks to the special Sharing technology.
State services. Citizens of Ukraine can get most of the administrative and government services remotely and in a few clicks. It is possible to remotely change the place of registration, register a company, obtain a building permit, pay fines for administrative offenses, register a newborn and much more (the list of available services is constantly expanding). Thanks to such opportunities, it was possible to overcome bureaucracy, because you no longer need to stand in lines to get the necessary service, collect paper certificates or depend on the decision of specific officials. To use the service remotely, you need to log in using your Bank ID. According to studies, 30 million Ukrainians regularly use the Internet, the state provides free courses on digital education and financial literacy, so all categories of citizens can easily and easily receive online services.
Fintech companies. As of the beginning of 2022, there are 203 fintech companies registered in Ukraine, 50% of which operate, including on international markets. The areas of activity in which the largest number of such companies are concentrated are “Payments / Money transfers”, “Mobile wallets”, “Technology and infrastructure”, “Consumer lending” and “Wealth management”.
It is worth noting that the key to most achievements in Ukraine is human resources – Ukrainians are ambitious, talented, hardworking, generate fresh ideas and have an entrepreneurial spirit. Despite the circumstances, the Ukrainians continue to work, each in his own place, so that Ukraine can preserve and increase its gains.