pc
nid 92814
May 27, 2026
arahman@vixio.com
Ukraine
National Bank of Ukraine (NBU)
horizon scanning
74% of draft length
draft in Generated
Generated
1754 charsUkraine's National Bank Extends Authorization Deadline for Non-Bank Payment Service Providers Offering Card Acquiring
On May 28, 2026, the National Bank of Ukraine (NBU) extended the deadline for non-bank payment service providers to complete authorization for card acquiring activities to September 2, 2026. The extension applies enforcement forbearance, meaning the NBU will not impose enforcement measures against non-bank payment service providers conducting card acquiring without proper authorization during this extended period, provided they have submitted required documentation and met other regulatory requirements.
The extension covers non-bank payment service providers that timely submitted necessary documents to the NBU and complied with requirements established under two NBU Board resolutions: Resolution 103 from August 28, 2025, addressing specific issues related to identifying characteristics of card acquiring; and Resolution 122 from September 30, 2025, concerning how financial companies can acquire payment institution status without suspending provision of financial payment services.
Eligible non-bank payment service providers may continue offering card acquiring services within the extended timeframe without incurring violations or facing enforcement action from the NBU. The changes were approved by NBU Board Resolution 54 on May 27, 2026, and took effect on May 29, 2026. This extension provides additional time for non-bank payment service providers to complete their authorization processes while transitioning to the updated regulatory framework governing card acquiring activities in Ukraine's payments market.
REFERENCES:
National Bank of Ukraine Board Resolution 54 (May 27, 2026): https://www.bank.gov.ua/ua/news/all/prodovzheno-termin-dlya-zavershennya-avtorizaciyi-diyalnosti-z-ekvayringu-z-urахuvannyam-jogo-onovlenih-oznak
Agent draft
Not run yet.
Published
1295 charsNational Bank of Ukraine Extends Authorisation Deadline for Non-Bank Payment Service Providers Offering Card Acquiring
On May 27, 2026, the National Bank of Ukraine (NBU) extended the deadline for non-bank payment service providers to complete authorisation for card acquiring activities to September 2, 2026.
The extension applies enforcement forbearance, meaning the NBU will not impose enforcement measures against non-bank payment service providers conducting card acquiring without proper authorisation during this extended period, provided they have submitted the required documentation and met other regulatory requirements.
The extension covers non-bank payment service providers that timely submitted necessary documents to the NBU and complied with requirements established under two NBU Board resolutions: Resolution 103 from August 28, 2025, addressing specific issues related to identifying characteristics of card acquiring; and Resolution 122 from September 30, 2025, concerning how financial companies can acquire payment institution status without suspending provision of financial payment services.
Eligible non-bank payment service providers may continue offering card acquiring services within the extended timeframe without incurring violations or facing enforcement action from the NBU. The changes were approved by NBU Board Resolution 54 on May 27, 2026, and take effect on May 29, 2026.