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April 20, 2009

CyberPlat® accepts payments for all regional branches of Rostelecom

One of the largest Russian operators of fixed-line telephony - Rostelecom - started using the CyberPlat® system in accepting payments for the services of long-distance and international telecommunications provided by all branches of Rostelecom. Previously, payments though the CyberPlat® system had been accepted only in Moscow and St. Petersburg. Thanks to the CyberPlat® payment system, making payments for the services of Rostelecom has become convenient and fast in the entire territory of our country.

Rostelecom owns and operates own modern main network extending altogether for about 150 thousand kilometers which allows rendering voice services, as well as services on data and IP-applications transmission for individuals, corporate clients and Russian and international operators. The company renders services of long-distance and international telecommunications to end-users in all subjects of the Russian Federation using the infrastructure of regional operators.

The CyberPlat® payment system has an unprecedented in Russia widest payment acceptance network. It includes retailer networks, chains of telecommunication shops, stores, gas stations, drugstores, terminal and bank networks located in practically all inhabited localities of our country. It makes our payment system an ideal partner to large telecommunications operators which carry out their activities in the entire territory of Russia,”  — Andrey Gribov, CEO of CyberPlat OJSC, stated.

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CYBERPLAT OJSC is the leading Russian Internet company offering its services in the e-commerce segment, including payment processing and secure online document interchange. The company’s product CyberPlat®, the universal multibanking integrated internet-payment system, is the absolute leader in the payment acceptance market. Currently, the CyberPlat® cash acceptance network consists of approximately 400,000 outlets around the world, accepting cash payments for the benefit of the leading telecommunication service providers, commercial television and numerous service providers, including Beeline, MTS, MegaFon, Tele2, NTV-Plus and many others. The total turnover of the system exceeded 6.5 billion US dollars in 2008. The CyberPlat electronic payment processing system is the member of GSM World Association. BDO Unicon is the official auditor of CyberPlat®.

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