This entry was posted on Wednesday, April 19th, 2006 at 9:02 pm and is filed under eBanka. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
eBanka started issuing chip payment cards
From April 18, 2006, eBanka started issuing VISA Classic and VISA Electron chip payment cards. Other card products of eBanka will be equipped with a chip in the next few weeks.
Chip cards increase security by requiring PIN upon every transaction, including payments at a retailer equipped with a terminal certified for accepting chip cards. eBanka issues chip payment cards under the same pricing conditions as the current payment cards without a chip.
eBanka’s chip cards are issued for 3 years. Clients will have their non-chip payment cards replaced for chip cards within standard automatic renewals; therefore, it is not necessary to end validity of the current card and to apply for a chip payment card.
eBanka is a universal bank for solvent individuals and small and medium sized companies. It provides its clients with a complex portfolio of financial products and services emphasizing the use of direct banking. The total number of clients of eBanka already exceeded 470 thousand. Personal and Corporate accounts with eBanka are used by almost 117 thousand clients; 357 thousand clients use a product offered within the financial group serviced by eBanka as the transaction bank. eBanka is a member of the PPF international financial group, which administers assets of approximately CZK 250 billion. The owner of eBanka is Česká pojišťovna, holding 100% of the shares in eBanka. eBanka holds the awards for the Most dynamic bank of 2005 and Account of the year 2005
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