Mobile payment terminal from PrivatBank

Here is a message the other day received one familiar PE-person working with PrivatBank. The text will give no changes:

Dear Entrepreneur!
For you, PrivatBank has developed a new payment acceptance tool - Mobile Payment Terminal.
The Mobile Payment Terminal is a simple, free device that allows you to receive payments for goods and services using Visa / MasterCard cards anywhere on your smartphone or tablet.


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Terminal price: 15 UAH.
The money will be returned to you after the first payment.

Commission for receiving payments:

• When paying with PrivatBank card - 1%
• When paying with cards of other banks - 2.7%

What you need to receive payments?

• Smartphone or tablet with Android OS or Apple iOS (soon and on a PC)
• The iPay app installed from the iTunes App Store or Android Market
• Reader, which will be delivered to your specified address.

Developed for real entrepreneurs: owners of online stores, notaries, insurance and sales agents, taxi drivers, doctors and all those who work in the field of trade, service and services.