News Releases

2022202120202019201820172016201520142013201220112010200920082007200620052004

Back to News List

December 2, 2009

1,000 per second.
The CyberPlat® payment system breaks through the speed limit for complex financial transactions processing

Upgrading the processing platform of the CyberPlat® payment processing system resulted in its productivity exceeding the peak of 1,000 transactions per second which ensures a tenfold larger capacity with regard to the current operating load level of the system.

Therefore, having an even load at the maximum capacity, the CyberPlat® system is currently capable of processing more than 30 billion transaction per year.

Such productivity is unprecedented taking into account those specifics of the CyberPlat® system’s operation which ensure maximum security of financial transactions. The assumed by the Company high security standards favourably distinguish CyberPlat® from the competitor processing systems. Within the limits of one transaction, the system performs up to 16 operations that are authenticated by means of an electronic digital signature and carried out using secured methods of transferring data over the Internet channels. These methods include checking the availability of phone numbers or personal accounts of clients, identification and authorization of payment acceptance outlets, etc.

This technology secures absolute safety of performed financial transactions and minimizes the number of erroneous payments. There has not been a single case of hacking of a transaction in the CyberPlat® system for the entire period of its operation.

The increase of the system’s efficiency was a result of expanding the capacity and optimization of its processing platform architecture. The achieved productivity figure of more than 1,000 transactions per second is interim and a larger increase of the financial transactions processing speed is planned in the course of further upgrades of the CyberPlat® computing platform.

---

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 versatile multibanking integrated internet-payment system, is the leader in the payment acceptance market. Currently, the CyberPlat® payment acceptance network consists of more than 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 CyberPlat® electronic payment processing system is the member of the World GSM Association and Russian Infocommunication Union. The total turnover of the system comprised about 160 billion rubles in 2008. BDO Unicon is the official auditor of CyberPlat®. Additional information about the company is available at www.cyberplat.com.

2022202120202019201820172016201520142013201220112010200920082007200620052004