Online retailer Rozetka, which issued its own credit card in partnership with Unex Bank and the Mastercard payment system, can receive UAH 300-500 million per year from this project, and upon scaling, up to UAH 800 million in additional income.
Online retailer Rozetka, which issued its own credit card in partnership with Unex Bank and the Mastercard payment system, can receive UAH 300-500 million per year from this project, and upon scaling, up to UAH 800 million in additional income.
These assessments were made by financial expert Olena Korobkova, quoted by Forbes.
«This cooperation stimulates sales and retains customers thanks to installments, a grace period, and lower prices. If at least 250,000 customers start using the card, and each spends an average of UAH 3,000 per month, the turnover will be UAH 9 billion per year,» explains Korobkova.
Rozetka cardholders will be offered special offers, preferential terms for purchases, and the opportunity to receive installment payments for goods, and you can apply for a card online.
The credit limit on the card is up to UAH 200,000, and the grace period is 62 days. Outside the grace period, the rate is 4,3% per month, and the real annual interest rate is 54,7%. The card can be paid in installments for up to 24 months. Its issuance and maintenance are free of charge.
Previously, the media reported that the Ukrainian marketplace Rozetka is preparing to issue its own credit card together with Unex Bank and Mastercard.
