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🚨 Tightening of P2P & IBAN Payments in Ukraine

The Association of Ukrainian Banks (AUB), along with 23 banks and two companies, NovaPay and RozetkaPay, have signed a memorandum to enforce stricter controls on P2P transactions and IBAN payments.

📊 Key Points:

💳 Limits on outgoing transfers from cards may be reduced to UAH 50,000 per month in some cases.
👮‍♂️ Joint efforts will focus on monitoring and preventing the illegal use of payment systems.

This move aims to tighten control over digital transactions in the country.

What do you think of these new regulations? Will this impact your P2P activities? Let us know! 💬