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September 13, 2012

CyberPlat^® provides an opportunity to replenish MasterCard cards on a nationwide scale

CyberPlat^® in cooperation with the international payment system MasterCard Worldwide now provides Russian consumers with an opportunity to transfer funds to MasterCard bank cards issued by any bank in the territory of the Russian Federation.

The service is available at every payment acceptance outlet which is connected to CyberPlat^® payment system and provides this service: in banks, via payment terminals and ATMs, as well as at cash desks of retail chains. Customers will be informing of the service availability by means of special stickers, banner or otherwise.

The service of transferring funds to bank cards operates based on the platform of MasterCard MoneySend. In order to transfer funds to a MasterCard card, the customer needs to perform just two simple steps: to tell the payment outlet cashier the card number or to enter it without assistance via the payment terminal or the ATM, and then to deposit funds.

The transaction details come to the issuing bank cards almost instantly. The duration of crediting the customer’s account with funds depends on the issuing bank and varies from one to four days.

The great demand for services to replenish bank cards shows a steady growth in the Russian financial market. Launching the service for MasterCard cardholders, CyberPlat^® makes the use of plastic cards easier and more comfortable for customers. We are convinced that it will be another step in the development of cashless payments and financial infrastructure improvements on a nationwide scale,» – says Andrey Gribov, CEO of CyberPlat^® payment system.

«The agreement between MasterCard and CyberPlat^® payment system offers new opportunities for Russian cardholders. Our cooperation aims at implementation of innovative technologies that improve consumer properties of services. We are pleased that this new opportunity for transferring funds to MasterCard cards makes our financial services more qualitative, accessible and convenient for customers,» - says Ilya Riaby, CEO of MasterCard LLC.»

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