Almost every modern bank offers its customers a range of online services that provide remote access to their account and allow you to manage financial flows from anywhere in the world.
The convenience of such offers is ensured by the fact that a person does not have to visit branches of a financial institution or go to the terminal to complete certain banking operations. The main disadvantage is that within each bank only its own set of offers is available, limited by the availability of agreements with partners. Service users have to look for a financial institution whose services will best meet their needs. As an option - adapt your needs to the capabilities of a particular institution. A completely different thing is a universal banking application called uBank. What is it? Let's try to figure it out below.
What is uBank financial app? general information
UBank is a universal mobile application that allows you to exercise control over finances at any time. It simplifies Internet payments as much as possible. The software is adapted for electronic payments and payment for specific services.
Let’s take a look at the application in general. It has the format of universal in nature Internet banking, which allows you to manipulate all accounts, credit cards and electronic wallets, regardless of which payment system or which bank they are attached to.
Considering the uBank application, what it is and what opportunities it has, it’s worth talking about the comprehensive security of each payment and saving on the payment of certain services and goods. Despite the fact that the service removes a certain percentage of the commission for all manipulations, it simultaneously offers a wide range of promotions and discounts.
Application features
The most expanded list of services and offers is one of the features of the uBank application. What is it and what is included in it, we will consider below. Each participant in the universal financial system can pay for the services of Internet providers and mobile operators, housing and communal services and traffic fines. The software opens up opportunities for purchases in online games. System participants can make transfers to other users. In a similar manner, bills are issued. UBank application has a simple interface and is characterized by a modern minimalistic style. Downloading and using the application are absolutely free.
Priority Goals
The development of full-fledged and mobile B2C and B2B payment-type solutions that can satisfy the needs of modern users not only in terms of ease of use, but also depending on the list of available services and offers, is one of the main tasks of creating the uBank application. What it is is already obvious, but it’s worth mentioning separately about the advantages:
- Comfortable and simplified work with credit cards and electronic wallets.
- Comprehensive payment security.
- Open registration via mobile phone.
- Unhindered access to a complete list of operations performed.
The team of specialists who developed the application set itself a simple, but at the same time multifaceted goal. She sought to create a universal language of communication between buyers and sellers, which, in principle, was achieved.
The technical side of the issue
The uBank application is what people are used to calling an innovative online banking system. It is designed for smartphones that operate on the basis of iOS, Android and Windows systems, and is also installed on Samsung, Fly and Huawei devices, which are common in Russia. The program is available in the store of offers for each smartphone owner.
Software for iOS is effective in conjunction with the operating system version 6.1 or higher. The program is adapted for Android, it needs an operating system of at least version 2.2.3. The software format for Windows is compatible with OS versions 7.5, 8, and 8.1 and has significant external and functional differences.
uBank, the reviews of which are only positive due to its versatility, has some similarities with the standard applications of banks. But if in the latter it is customary to enter an account or card number as a user identifier , then in this situation, the binding is carried out directly to the mobile phone number.
What does the system user see?
The first window that opens before the user provides detailed information about the balance of the client’s account in the system. Here you can get information about the status of their card accounts, about the latest transactions and about payments of the system as a whole.
Considering the question of what is uBank in the phone, it is worth mentioning two formats for working with this application:
- The card is linked to the account for through payments. When making a payment, a commission is withdrawn from the account of the client of the system, but in fact payment is made through an attached card.
- Operations are carried out directly from the account in the system, after the application user replenishes it from the card or in any other available way.
Features of using a virtual bank
By using one of the schemes, you can send funds to a variety of services, to any financial institutions, to any card accounts. To snap a card, just take a picture of it using the camera in the application. As an option, manual deposit of funds is available. During each payment, the system requests a CVV code, which guarantees additional protection. To connect the card to the account, one monetary unit is debited from it, which, after binding, is returned back.
System commission
Part of the services is paid without commissions, but for certain manipulations a payment of two percent of the amount may be charged. It is worth paying attention to the fact that some banks charge a fee for charging money to a card account. This feature goes beyond the responsibility of the system, and at the moment it is better to clarify the features of the service directly at the bank, including when issuing large loans.
The uBank application, reviews of which always characterize software on the positive side due to its convenience and flexibility, does not charge for internal transfers made in favor of any person whose number is in the phone book (provided that he already has it installed on his smartphone this program).
To summarize. Overall app rating
After a detailed review of the program, it becomes quite clear that questions about how to install or how to remove uBank from a phone cannot be called complicated. Everything is intuitive and clear. Compared to other payment systems, uBank implemented everything as simple as possible and focused on a wide range of users.
It is worth mentioning that there are a huge number of additional offers, in particular, a regular payment setting or a payment history is available that allows you to control your financial flows. Each operation is transparent, simple and understandable, completely devoid of the possibility of accidental conduct. Systematically released updates that make the software even more convenient for everyday use.