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July 2, 2007

CyberPlat® offers new payment opportunities - cross-border payment system

The subscribers of three states - Russia, Kazakhstan and Ukraine - can now pay for mobile communication via CyberPlat®, one of the largest payment systems, regardless of the country of their presence.

Russian nationals have long been accustomed to making fast and hassle-free cash payments for mobile communication, using a wide cash acceptance network of CyberPlat® throughout entire Russia. Now they have received another advantage - they can top-up their mobile telephones with local currencies in the neighboring countries, Kazakhstan and Ukraine. Russian visitors are offered a developed network of top-up points deployed in the territory of Kazakhstan and Ukraine in the trading and service outlets connected to the CyberPlat® payment system.

Likewise, Kazakhstan and Ukranian residents visiting Russia can easily recharge their cellular accounts at over 70 000 top-up points of the cash acceptance network. All payment acceptance operations are performed in the online mode and the use of the Electronic Digital Signature prevents fraud risks, making the top-up transactions in the mobile operators' billing systems irrefutable.

The cross-border payment infrastructure developed by CyberPlat® creates ultimately comfortable conditions for the residents of the three neighboring countries. The service will be in particular demand from subscribers living in the juxtaposed territories.

"The new service of the CyberPlat® payment system allows millions of people going for a visit to their relatives either on a business trip or for a vacation to always keep in touch wherever they are," Andrey Gribov, General Director of CyberPlat®, commented.

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