PUMB

What is PUMB and what do they do?

PUMB, or PJSC "PUMB," is a commercial bank based in Ukraine. It operates as part of the financial services sector, providing a comprehensive range of payment solutions. Established in 1991, PUMB has evolved to become one of the leading banks in the country, specializing in consumer banking, corporate banking, and financial support for small and medium enterprises.

Core payment services offered by PUMB include:

• Payment processing for a variety of transactions
• Merchant services allowing businesses to accept card payments
• E-commerce solutions that facilitate online transactions
• POS (Point of Sale) systems for in-store payments
• Foreign currency exchange services

PUMB positions itself as a partner for businesses seeking accessible payment infrastructure and straightforward financial solutions.

Who is it for?

PUMB primarily supports businesses operating within Ukraine, particularly in the retail and e-commerce sectors. The bank provides tailored services for small to medium-sized enterprises (SMEs) that require reliable and efficient payment processing. Its solutions also cater to larger corporate clients that need robust financial services to support various operational needs.

In addition to businesses, PUMB offers banking products directly to consumers, enhancing its presence in the banking ecosystem. This dual focus on both individual and business banking enables PUMB to serve a broad range of customers within the financial landscape.

Why do businesses choose PUMB?

Businesses opt for PUMB due to several verified strengths and benefits:

• Comprehensive Services: PUMB offers a holistic suite of payment solutions designed to meet the diverse needs of businesses, from retail to services.
• User-friendly Interfaces: The bank's digital banking platforms are designed to offer intuitive navigation, making transaction management simpler for clients.
• Local Market Expertise: PUMB’s extensive knowledge of the Ukrainian market allows for solutions that are well-tailored to the domestic business environment.
• Strong Customer Support: Clients have access to responsive customer service, which is crucial for addressing operational challenges promptly.
• Competitive Fees: PUMB offers competitive pricing for its services, making it an attractive option for businesses looking to optimize payment costs.

Businesses using Corefy can simply obtain a MID from PUMB and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.

Is PUMB trustworthy?

PUMB is regulated by the National Bank of Ukraine, ensuring adherence to local banking laws and standards. The bank implements various security measures to protect customer data and transactional integrity. Although specific security protocols were not detailed in accessible public domains, the oversight by the National Bank indicates a framework focused on compliance and risk management.

The transparency and regulatory oversight associated with PUMB add a level of credibility, reinforcing its role as a reliable partner in the region's financial ecosystem.