1200 cash replenishment terminals: monobank goes offline
20 August 12:24
monobank has installed the first 1,200 cash replenishment terminals in Ukrainian cities. This was announced by the bank’s co-founder Oleg Gorokhovskyi, informs "Komersant Ukrainian".
“Have you already seen mono terminals? We have started to put them in the cities of Ukraine and develop our own replenishment network. Now they are very few only 1200, but we have just started.”
– wrote the businessman on Facebook.
He added that there is no commission for recharging mono cards in these terminals, as well as in the terminals of the bank’s partners.
Most users are happy with the novelty and assess such a step of the bank positively. However, some criticize the terminals themselves for inconvenience and poor functionality.
“Everyone writes that they are so convenient, beautiful, etc. But in fact they are rebranded iBoxes, then Citi24, and now they are mono. The card scanner is inconvenient, there that edge always falls card, and without fingernails card is inconvenient to pick up. The bill acceptor is low, if more than 10 bills azh in the side hurts, constantly standing bent over to the right. But the software is more convenient mono, I agree.”
– comments user Evgen Sheremet.

Others say that the terminal takes a very long time to recognize bills.

And one of the most common wishes of customers is the possibility of not only depositing but also withdrawing cash, which mono terminals do not offer yet.
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monobank
monobank is a Ukrainian digital bank founded in 2017 by entrepreneurs Oleg Gorokhovskyi and Dmitry Dubilet. The bank operates exclusively in a mobile format without traditional branches, which allows it to provide banking services through its own mobile app. monobank is a part of Universal Bank financial group, which received a banking license from the National Bank of Ukraine.
The main services of the bank are opening current accounts, issuing free debit cards (including those with individual design), money transfers, deposits and credit products. The bank is characterized by an innovative approach to customer service, in particular, instant push-notifications of transactions, the ability to block cards via the application, cashback for purchases and the absence of hidden fees. Also monobank provides API for developers, which allows to integrate banking services with other services.
Over the years monobank has become one of the most popular banks in Ukraine, serving millions of customers. The bank actively supports the Ukrainian army and volunteer initiatives, especially after the start of a full-scale war in 2022. The bank’s team regularly introduces new technological solutions and products, maintaining its reputation as one of the most innovative financial institutions in the country.
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