Under the agreement, both banks have set the so-called Host for hosting communication. As an element of this project, plastic card owners should be able to withdraw cash from Liberty Bank and ProCredit Bank ATMs at preferential rates.
Total volume of Liberty Bank and ProCredit Bank ATMs exceeds 500 ones. Consequently, the clients will be able to more conveniently withdraw cash from ATMs.
Owners of VISA/Master Card and VISA Business card printing of ProCredit Bank will withdraw cash from Liberty Bank ATMs within the ProCredit Bank rates, while Liberty Bank clients will likely use PAY/UPI system cards at ProCredit Bank POS terminals, besides VISA/MASTER Cards. The PAY would be the domestic payment system developed by Liberty Bank and also 1.Six million cards are based on this platform.
“I am glad Liberty Bank and ProCredit Bank have set cooperation and only our clients. Starting today clients of both banks will be able to withdraw money originating from a wider chain of ATMs at the same tariff”, ProCredit Bank director Alex Matua said.
“Liberty Bank has now signed the Host to Host agreement when using the third bank. For that reason, our clients have broader and many more favorable chance of withdrawing money from ATMs and paying through cards”, David Ninidze, the freedom Bank manager for alternative bank channels, noted.