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December 7, 2007

CyberPlat has crossed a threshold of 100 000 points-of-sale

CyberPlat, the largest payment processing system has again confirmed its leadership positions on the cash acceptance market.

CyberPlat has worked on the electronic payment market for over 9 years and demonstrated dynamic and sustainable growth in key performance indicators — turnover and cash acceptance outlets quantity — throughout all this period of time. CyberPlat, following its Russia and CIS leadership strategy, proved to be the first market player to have overcome the threshold of 100 000 points-of-sale.

Over the years, CyberPlat have confirmed incontestable advantages of its own payment processing system as compared with competitors, and held its leadership positions on the cash acceptance market. In 2007, the total estimated turnover of CyberPlat payment processing system will amount to 4.74 billion US dollars.

The CyberPlat® payment processing system definitive advantages — speed, safety, fault tolerance combined with longstanding experience have been highly appreciated by the largest Russian companies with whom CyberPlat has kept longstanding and stable partner relations. The major retail chains, including Euroset, Svyaznoy, DIXIS, Tsifrograd, Betalink, Eldorado, Mir, Russian Post and many others are the clients of CyberPlat® payment processing system.

Rapid development of our business is to a large extent the result of our fruitful cooperation with our partners and clients. The highest productivity, user-friendliness and reliability contribute to unchallengeable leadership positions of CyberPlat,” Andrey Gribov, Director General of CyberPlat commented.


CYBERPLAT OJSC is the leading Russian Internet company offering its services in the e-commerce segment, including payment processing and secure on-line document interchange. The company’s product is CyberPlat®, the universal multibank integrated internet-payment system — the absolute leader on the payment acceptance market. Currently the CyberPlat® cash acceptance network consists of over 100 000 points of sale, accepting cash payments for the leading telecoms service providers, pay-TV operators and various other service providers nation-wide, including Beeline, MTS, Megafon, Tele2, NTV-Plus and many others. The total estimated turnover of the system will amount 4.74 billion US dollars in 2007. Over 120 million payments are transacted through CyberPlat® payment processing system each month. The CyberPlat® electronic payment processing system is the member of GSM Association. BDO Unicom is the official auditor of CyberPlat®.

www.cyberplat.com


 
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