Ukrainian Processing Center (UPC, ) is a Ukrainian company founded in 1997 which provides processing services and software for banks. UPC was the first Ukrainian company within the sphere of processing that received MSP and TPP status in Visa and Mastercard. In April 1997 UPC processed the first ATM EC/MC card transaction. Since 2005 UPC has become part of the Raiffeisen Bank International. The head office of UPC is based in Kyiv."Yellow Pages. Kiev". Ukrainian Processing Center provides services to banks in Central and East Europe in the sphere of processing payment cardsBUSINESS №35 (918), August 30, 2010 (salary cards, debit cards, credit cards, pre-paid cards, magnetic stripe cards, smart cards, EMV cards and also contactless smart cards like Mastercard PayPass and Visa payWave"Ukrainian Processing Center is on the last stage of project to provide contactless payment". Economicheskie Izvestiya №84 (1544), May 24, 2011 ), merchant acquiring and ATM channel management.Companion-online June 23, 2011: "UPC provides the service of ATM network management to Raiffeisen Bank Aval, Alfa-Bank, Delta-Bank and Bank Forum". UPC also offers integrated IT systems for electronic commerce,BUSINESS №44(927) November 1, 2010 card transactions monitoring systems of fraud prevention, card issuing system and SMS banking service. Moreover, UPC was the initiator of the establishment of the united ATM network "ATMoSphere", which consists of payment cards issuing banks. Annually UPC processes more than 400 million of payment card transactions. Magazine "CarteBlanch" 10'2010
History In 1997, UPC was established as a processing center providing processing services of debit and credit cards for banks. UPC was the first Ukrainian company that received the status of Member Service Provider MastercardOfficial document of international payment system Mastercard about status Member Service Provider Official confirmation of status Member Service Provider, that UPC received in 1997 и Third Party Processor Visa, and processed first ATM transaction on Eurocard MasterCard on 23 April 1997 in 1997. UPC is a member of Ukrainian Interbank Payment Systems Member Association EMA.Official list of EMA Association`s members UPC's client base consists of largest Ukrainian banks and bank organizations which are issuers or acquirers of payment cards. In 2005, UPC became a part of Raiffeisen Bank International.Raiffeisen International acquires Ukrainian Processing Center In 2007, UPC started to provide services on the international market. Now UPC processes payment cards, provides ATM and POS acquiring services in Hungary, Albania and Kosovo, and supports electronic commerce in Croatia. Since 2011, UPC processes contactless payments for an Austrian acquiring company. Contactless payments in Austria
Work standards UPC was the first among Ukrainian processing centers that received a PCI DSS certificate, in January 2009.Official website about PCI Data Security Standard DSSOfficial document Visa about PCI Standard DSS Since that time, UPC is certified every year by international auditors to confirm the complete correspondence to PCI DSS requirements.PCI DSS Compliant certificate received from German audit firm SRC (Security Research & Consulting GmbH)
References
External links Ukrainian Processing Center official website (English version) ATMoSphere, united ATM network UPC's eCommerce (in Ukrainian) Ukrainian Interbank Payment Systems Association EMA (in Ukrainian) Raiffeisen Bank International AG