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March 1, 2016

CyberPlat® network reaches 910 000 outlets

Cyberplat has once again proven itself as the biggest payment network.

CyberPlat^® electronic payments system shares the news that as of the end of 2015 it was the first among companies operating in the Russian market to reach the mark of 910 000 payment outlets scattered around the world. The new record reaffirms the long-standing leadership and high efficacy of operation of CyberPlat^® in any economical conditions.

Number of outlets in Russia increased from 560 000 to 620 000. Despite the harsh economical situation CyberPlat^® has shown a steady business dynamics and it is intending to keep it up in 2016.

A substantial network growth is largely due to an increased struggle of the Bank of Russia with illicit cashing out of money. Terminal network owners jumped on the bandwagon of switching from shady systems to CyberPlat^®, which has always been in compliance with Russia’s legislation. As of the end of the year it has marked a noticeable growth of outlets in this segment, and that despite the substantial shrinking of the terminal business in Russia.

Last year stunning growth was shown by the number of payment outlets situated at the checkouts of e-retail networks, which CyberPlat has been cooperating with for years. CyberPlat^® will be further developing its partnership programs with major companies that have fast-growing financial indices and high level of corporate management.

Powerful modern payment infrastructure CyberPlat^® includes a large federal and regional retail, payment terminal networks, developed infrastructure of partnering banks and online resources of the most popular service providers.

Innovative solutions offered by CyberPlat^® for multifunctional payment services attract new market players interested in active development of payment business. Application of state of the art technologies of the ever expanding product range in electronic settlements and absolute financial transparency of operations is what has kept Cyberplat a key player in electronic payments for years.

Amid the crisis only the most enduring companies can show stable growth. It has to do with customers who start demanding even more secure and technologically advanced payment services. Using opportunities offered by CyberPlat^® system our partners expand their spectrum of providers with no extra costs, offer their payers a high-quality service and ensure consistent customer traffic. Flexible and efficient solutions, fast and incontestable payment transactions, convenient and reliable system — all of these points have always been a priority and cornerstone of Cyberplat’s current and future success», says Andrey Gribov, CEO of CyberPlat^®.

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