PrivatBank Launches 'Limit Control' Widget in Privat24 for Business

In the mobile application 'Privat24 for Business', a new widget called 'Limit Control' has been introduced, allowing entrepreneurs to track their income and monitor compliance with the annual limit of their tax group without manual calculations. The application takes into account acquiring fees and excludes transfers between own accounts, deposit refunds, and credit funds. Users can also manually add income received outside of PrivatBank accounts, including cash. The system determines the tax group through the 'Electronic Reporting' service and sets a limit that can be manually adjusted. For individual entrepreneurs in the third group, there is an option to choose the reporting period: the first quarter, 6 or 9 months. To use the service, the application must be updated to the latest version. The tool is available in the 'Analytics' section, which can be accessed via the account card or the 'Statement' menu. In July, PrivatBank and Mastercard launched a business card for individual entrepreneurs with a credit limit of 'Entrepreneurial' up to 500,000 hryvnias.

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