Financial Institutions

71 banks appreciate cooperation with CyberPlat, being offered additional income opportunities by organizing acceptance of payments for the services, rendered by 250 service providers, using our electronic payment solutions. Automation of low-gain transactions makes them profitable and financially sound for CyberPlat partners due to significant turnover of these transactions. The experts estimate direct top-up services delivered through ATMs will increase their profitability by 25%. In addition, working with CyberPlat, the banks expand their retail networks through extensive cash acceptance network, providing their clients with the opportunities to repay their loans at any time in any locations. Also for partner banks CyberPlat developed the convenient and cost-effective solution in Money Transfer business, based on automated kiosk service for end-customers.

Market analysis shows that self-service kiosk expansion in banks is a promising opportunity in Russia and other emerging markets. Many banks are planning or already building their self-service kiosk networks today. Experts estimate a dramatic growth of self-service kiosk networks in Russia in 2007-2008 (up to 4 times to reach the number of 100 000 kiosks).

The customers will highly appreciate the opportunity to use self-service kiosks, connected to CyberPlat. The Banks, in their turn, will be able to focus on their core activities and liberate their valuable human resources from labor-intensive operations of processing money transfers and loan repayments.

Click here to see our partner banks list.