News Releases

In order to ensure uninterrupted functioning of the top-up payment acceptance system during the New Year holidays, Platina Bank will keep its branches running for its clients, the participants of the CyberPlat® payment system, all days without exception from December 30, 2006 till January 8, 2007 – the period of official public holidays in Russia.

The event has proved to be a well-deserved acknowledgement of the Company’s contribution to the development of the Russian cellular communication market, as well as of the supreme service quality.

Clients of the Megapage Company can now use the CyberPlat® electronic payment system.

The Russian manufacturer of equipment for the self-service industry, the Unicum Group of Companies, and Russia's major payment system, CyberPlat® - the leader in the electronic payment market - announced the commencement of collaboration.

The CyberPlat® Company has been successfully developing and expanding its business in the territory of the Republic of Kazakhstan within the framework of its full-scale international expansion program.

According to H1 results, CYBERPLAT® Has Secured its Lead in Cash Payment Acceptance Sector

CyberPlat® has announced the connection of 14 new operators to the services of its payment system CyberPlat®: CJSC "NPO PROGTECH" (Zhukovsky, Moscow region), "Novgorod Datacom" LLC (Veliky Novgorod), "Teleset Service" LLC, "Komtechcenter" LLC, "Yedinaya Sluzhba Ob'yavleny" LLC (United Notice Service) (Yekaterinburg), OJSC "Dalsviaz" (Vladivostok) and CJSC "AKOS" (Vladivostok), "SMARTS Yaroslavl-GSM", CJSC "Shupashkar-GSM" (Cheboksary), CJSC "Ulianovsk-GSM", CJSC "Sotel-Nizhny Novgorod" and "Comlink" LLC (Voronezh), "Konsul.com" LLC (Moscow), CJSC "Korvet-Telekom" (Moscow).

August 12, 1998 has become a milestone in the history of Russian electronic commerce - CyberPlat® conducted the first topping up of a mobile account. Vimpel-Communications OJSC (trademark BEELINE) was the first mobile operator to support CyberPlat® payments.

New CyberPlat® software for self-service terminals offers unique functionality.

According to Andrei Gribov, General Director of CyberPlat®, "recent testing of the CyberPlat® system showed that the system can process 200 transactions per second. It is a unique figure for the Russian payments receiption market".

As Vladimir Kuznetsov, CyberPlat® Chief Executive notes, "broadening of our partners' list essentially increases number of our final clients. CyberPlat® services "are used today by almost each second user of cellular communication, Internet access and a cable television services".

The number of payment offices connected to CyberPlat® system has exceeded 22 000.Thus, the leading Russian payment system became the owner of the widest network of cash payments acceptance in Russia. As Andrey Gribov, the Director General of CyberPlat® payment system, has noted, "today the payments acceptance from physical persons is so demanded by the market that this sector grows very dynamically - both broadening of the range of offered to consumers and comprehension by businessmen of all advantages of their trading and service centres connection to CyberPlat contribute to this".

According to Andrey Gribov, the CyberPlat® Director General, "the remarkable results of CyberPlat® work for the first five months of 2006 are evidence of continuation of dynamic growth of the Russian payments acceptance market and our system adequacy to its requirements".

According to Andrey Gribov, General Director of CyberPlat®, "by disclosing sources of CyberPlat® to our partners we hope to expand number of service providers connected to "CyberPlat" as well as increase number of terminals and terminal networks operating in our system".

"Mobile office" concept is interpreted in a new way, - Andrey Gribov, General Director of CyberPlat® says. - Because of the CyberPlat® innovation, a regular phone now includes a whole complex of tools required for urgent business operations".

As the CyberPlat® Director General Andrey Gribov has declared, the program "CyberPlat® Regional Representative" is focused on formation of a network of counteragents, which will attract new dealers of the payment system. The income of such partners will be formed due to a commission fee, which size directly depends on a turnover of the dealers attracted.

General Director of the CyberPlat® payment system Andrey Gribov announced that Wellcom connection is just the beginning of cooperation with the largest Siberian operator of cellular and fixed communication, and in the short run all ten Siberia regions will be accepting payments from the OJSC "Sibirtelecom" customers.

CyberPlat® representative offices will develop business of the company in Northwest, Ural, Central, Southern and Privolzhye federal districts.

Nineteen hypermarkets of the "ALPI" trade network, largest in Siberian federal district, already accept payments on behalf of cellular operators via CyberPlat® system.

Modernization of the system of dealer automatic registration allows new partners of the CyberPlat® system register in the system in record-breaking time which makes less than 5 minutes.

The CyberPlat® payment system has again proved its leadership in receipt of payments from subscribers of OJSC "Mobile TeleSystems". The MTS company has rated the CyberPlat® payment system first as regards overall volume of payments received from its users in 2005.

According to the statistics of the CyberPlat® payment system for December 2005, only 20% percent of payments realized via the CyberPlat® payment system exceeded 5 USD. Payments of less than $1 make 14%, from $1 to $2 make 34%, from $2 to $3 - 2% and from 3$ to 5$ - 30%. Hence the half of all the CyberPlat transactions makes payments less than $3 or approximately 80-90 rubles.

OJSC "VympelCom" ("Beeline" trademark) has awarded the CyberPlat® payment system with a certificate recognizing it as the "Absolute leader in gross volume of payments received from "Beeline" subscribers in communication shops and independent retail shops in 2005".

In such a way the leading Russian payment system CyberPlat® again secured their leadership in cash payment receipt sector.

CSJC "Volgograd-GSM", the leading cellular communication operator in the Volgograd oblast was connected to the universal multibank payment system CyberPlat®

One more member of SMARTS companies group - the Volga region cellular communication operator "Astrakhan GSM" entered into the network of operators accepting payments from subscribers by means of universal payment system CyberPlat®.

The "MetroTelKazan" company, an IS-95 radiotelephone connection operator in Tatarstan, has joined the list of operators whose customers can pay for the services via CyberPlat® payment system.