Modulbank began for the first time to open accounts for individuals and issue an individual card, the “Market Card,” the bank reported in a statement. This product is intended for individual entrepreneurs who trade on marketplaces and use Modulbank seller fees.

Modulbank began to open accounts for individuals

The card allows you to work with trading income from the markets: the entrepreneur will be able to quickly send himself the necessary amounts.

“You can now send the required amounts to your card with a couple of clicks, within a merchant rate, without withdrawing the proceeds to third-party accounts of individuals and without coming under the attention of financial control again,” the bank said in a statement.

With Market Card you can also make transfers by phone number, pay in regular stores and online through SBP, withdraw business income from any ATM with a 1% fee and make transfers worldwide through third-party services .

“For the first time in the history of Modulbank, we are launching accounts for individuals, but we do so as part of our strategy: to create specialized services and products for entrepreneurs. <…>. The individual card was developed specifically for the segment of sellers in the markets, taking into account their needs and consumption scenarios, and for now it will be available only in this segment,” said Pavel Semenov, Chairman of the Board of Directors of Modulbank.

Entrepreneurs who receive seller fees from a credit institution can issue a “Market Card” for free in the bank’s application.

Author:

Anastasia Marina

Source: RB

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