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December 7, 2012

CyberPlat^® will help pay for online shopping using the mobile phone

CyberPlat^® payment system announces the launch of a popular mobile commerce service that allows paying for goods and services presented in virtual storefronts of online stores using the mobile phone account.

Along with payments by bank cards, online stores and their customers now have access to yet another means of payment — the subscriber’s account with the mobile operator. This service is in great demand in the market of electronic payments and now has become available to all online stores connected to CyberPlat^® payment system and providing this service.

Choosing the mobile commerce service as a method of payment, the customer goes to a secure page where he or she is asked to enter the phone number and payment amount. Then the customer receives from his/her mobile operator an SMS with transaction details.

Money from the mobile phone account will be debited only after the mobile phone owner has confirmed the purchase by reply message. Transaction security during this process is provided via secure protocols and Internet-acquiring technologies of CyberPlat^® payment system.

Mobile payments are a simple, modern and at the same time popular decision that allows online stores to increase their turnovers by offering their customers a convenient way to make payments. Having activated this service on their web-sites, companies can accept payments from subscribers of Beeline, MTS and Megafon (except for customers of corporate tariff plans).

The capabilities of mobile and electronic commerce are rapidly growing, and CyberPlat^® payment system constantly expands the range of services in this segment. Using the mobile phone account as a payment method is a widely popular product in the market especially among young active people who set a high value on their time. For online stores, in their turn, this is a great way to expand the consumer audience and therefore to obtain additional earnings,» — said Andrew Gribov, CEO of CyberPlat^® payment system.

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