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June 23, 2011

CyberPlat® payment acceptance network enables replenishment of Visa cards issued by any Russian issuing bank

CyberPlat® company, with participation of the international payment system Visa, launches the service of replenishing any Visa card issued in the territory of the Russian Federation.

Technologically, this process is carried out via a special gateway of Visa in the CyberPlat® system, which allows to transmit data on the operation of replenishing a particular card to the issuing bank almost instantaneously. The duration of funds crediting directly to the card account depends on the bank that issued this card and this process can be either immediate or take from two to four days.

Replenishment of Visa cards is possible through the networks of cash-in payment terminals and ATMs operating though the CyberPlat® system where this service is represented. In order to replenish any Visa card it is enough to input the card number using the interface of a payment terminal or an ATM, and insert the necessary amount of money .

This service is highly convenient both for Visa cardholders and their relatives or friends — if necessary, it is easy to provide the required money amount by simply replenishing the Visa card of your loved one. The new opportunity provided by the CyberPlat® company and Visa payment system will also be in high demand for the purpose of regular credit repayments — credit recipients who are holders of Visa cards will be released from the necessity of visiting the bank offices and will be able to refill the card account at the CyberPlat® payment acceptance outlets, located in the neighbourhood — stores, drugstores, gas filling stations, etc.

Visa bank cards are a modern and safe instrument for making payments which is used by millions of Russian. The possibility of immediate replenishment of Visa cards through the CyberPlat® payment acceptance network not only increases the appeal of plastic cards among the population but makes their use more comfortable for the consumers of banking services,» — noted Andrey Gribov, President&CEO of Cyberplat OJSC.

Visa actively cooperates with financial institutions and other market players to develop new convenient technological solutions which allow not only paying for purchases and services but sending money transfers as well. We are happy about cooperation with CyberPlat® which considerably enhances the possibility of using Visa cards and once again proves the advantages of non-cash payments compared to cash payments,» — noted Steven Parker, General Director of Visa in Russia, CIS countries and South-East Europe.

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