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July 7, 2007

Svyaz-Bank OJSC becomes the 71st partner bank of the CyberPlat® payment system

Svyaz-Bank, Open Joint Stock Company, has begun accepting subscriber payments for the mobile and land-line communications, commercial television, Internet access, communal services and security networks, via the CyberPlat® payment system.

The simplicity and security of payment execution, through the CyberPlat® payment system, raise interest among the widest variety of companies, including retail banks actively working with the general public. These features allow retail banks to facilitate a fast and cost-efficient additional service for their regular customers, as well as to attract attention of the new ones.

Another large Russian bank - Svyaz-Bank OJSC - has acknowledged all technological advantages and high reliability of the CyberPlat® payment system. Using the services of CyberPlat®, Svyaz-Bank OJSC offers a convenient and secure top-up service within its wide banking network.

The market of the retail banking services demonstrates tremendous growth rates, which are only posed to increase in the coming years; hence, along with that will grow the demand for fast and comfortable methods of various service payments. The CyberPlat® payment system will continue perfecting its unique capabilities to meet the demands of the most exacting clients.

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