Ukrainian Processing Center (UPC, Ukrainian: Український процесінговий центр) is a Ukrainian company founded in 1997 which provides processing services and software for banks. UPC was the first Ukrainian company within the sphere of processing that received MSP and TPP status in Visa and Mastercard. In April 1997 UPC processed the first ATM EC/MC card transaction. Since 2005 UPC has become part of the Raiffeisen Bank International.The head office of UPC is based in Kiev. Ukrainian Processing Center provides services to banks in Central and East Europe in the sphere of processing payment cards (salary cards, debit cards, credit cards, pre-paid cards, magnetic stripe cards, smart cards, EMV cards and also contactless smart cards like Mastercard PayPass and Visa payWave), merchant acquiring a