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BankID will no longer be free. Who will pay for it - the business or the end user?

The National Bank intends to introduce pricing for its own services for the BankID system from June 24.

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BankID will no longer be free. Who will pay for it - the business or the end user?

The National Bank intends to introduce pricing for its own services for the BankID system from June 24.

As Interfax-Ukraine reports, citing Olga Vasilyeva, Deputy Director of the Department of Payment Systems and Innovative Development, after the start of the full-scale invasion, this system worked free of charge for its participants.

«For four years, the system has been free for you, but we are including tariffs for our services,» she noted during the event.

As for tariffs, joining the system will cost UAH 21,600 for an identifier subscriber and UAH 16,800 for a service provider subscriber, and connecting an additional node or portal for both types of participants will cost UAH 12,000.

Meanwhile, you will need to pay 30 kopecks for processing one successful electronic verified ID.

The representative of the National Bank assured that the tariffs will be set only for participants of the BankID system, and not for individual users.

Currently, 38 banks-identifiers operate in the BankID system, serving 99,9% of the portfolio of individuals in the banking system of Ukraine, as well as 112 subscribers-service providers.

As dev.ua reported, Ukrzaliznytsia intended to launch verification via BankID for purchasing tickets in September last year .

Meanwhile, the Ministry of Defense was considering alternatives to BankID for authorization in Reserve+ after a large-scale failure.

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