Procard

What is Procard and what do they do?

Procard is a Ukrainian processing center that provides secure and efficient electronic payment processing services for banks, financial institutions, and fintech companies. Operating as a third-party processor (TPP) for major international payment systems — including Visa, Mastercard, and UnionPay International — Procard plays a key role in facilitating transactions between merchants and cardholders while ensuring compliance, reliability, and speed.

With decades of expertise in the card issuing and acquiring domain, Procard delivers cloud-based processing solutions that allow clients to launch and scale payment products quickly. Its technology stack supports the entire payments lifecycle — from transaction authorization and clearing to risk management and reporting — tailored to the specific needs of each partner.

A flagship product, Procard.Pay, is designed for fintechs and acquirers that act as payment facilitators. It enables acceptance of Visa and Mastercard debit, credit, and corporate cards, offering features such as invoice payments via email or messengers, two-stage payments with fund blocking, split settlements, QR code payments, and tokenized “one-click” transactions with Google Pay and Apple Pay integration.

Who is it for?

Procard’s solutions serve a wide spectrum of financial and business institutions seeking to enhance their electronic payment capabilities. Its client base includes:

• Banks and fintech companies expanding their issuing or acquiring operations.
• Payment service providers and facilitators requiring robust back-end processing infrastructure.
• Mobile operators, retail chains, and microfinance institutions introducing financial services to their customer ecosystems.
• Enterprises launching digital banking programs with rapid time-to-market and full regulatory compliance.

The company’s Digital Banking Service allows partners to implement card programs and payment systems that meet PCI DSS, PCI 3DS, and PCI Secure PIN standards, ensuring secure and scalable deployment.

Why do businesses choose Procard?

Businesses and financial institutions choose Procard for its technological reliability, regulatory compliance, and flexible integration. The company’s processing solutions combine modern infrastructure with extensive payment expertise. Key strengths include:

• Comprehensive processing solutions: Support for issuing, acquiring, and payment facilitation projects across multiple payment systems.
• Cloud-based infrastructure: Enables fast, secure, and customizable deployments for institutions of any size.
• Advanced payment functionality: Includes fund blocking, split payments, QR code transactions, and recurring “one-click” payments.
• Easy integration: Offers simple API connectivity and ready-made modules for popular CMS platforms, including Apple Pay registration.
• Full merchant control: Merchant portal supports up to 1,024 online stores per seller, providing detailed payment analytics and performance insights.
• Enhanced user experience: Features such as invoice links via Viber, WhatsApp, Telegram, and other messengers increase payment convenience for end customers.

Businesses using Corefy can easily connect their Procard MID to Corefy’s dashboard to access unified transaction routing, reconciliation, and analytics — without additional integration work.

Is Procard trustworthy?

Procard adheres to strict international security and compliance standards, including PCI DSS, PCI 3DS, and PCI Secure PIN, ensuring full protection of cardholder data and transaction integrity. The company employs 3D-Secure authentication for online payments and a Look-Up procedure for cardholder verification when 3D-Secure is unavailable, effectively minimizing fraud risks.

As an established processor recognized by Visa, Mastercard, and UnionPay International, Procard maintains a strong reputation for operational reliability and compliance. Its cloud-based architecture, secure tokenization, and multi-layered fraud protection make it a trusted partner for financial institutions and fintechs seeking a dependable foundation for their payment operations.

In summary, Procard stands out as a modern, compliant, and versatile Ukrainian payment processing center, enabling banks and fintechs to power secure, scalable, and innovative electronic payment ecosystems.