It has been 8 years since the first on-line payment for mobile services was made through CyberPlat®

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News Archive > 2006 > Nov > 23
August 12, 1998 has become a milestone in the history of the Russian electronic commerce – CyberPlat® conducted the first topping up of a mobile account.
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November 23, 2006 (Press Release) -- Now CyberPlat® performs more than 2 million transactions a day and is the country's leading payment system, which, according to experts, conducts more transactions than the Central Bank of the Russian Federation. CyberPlat® is the first Russian payment system accepting payments for mobile communication, Internet, satellite and cable TV and utility services. Actually, each second mobile subscriber in Russia regularly uses CyberPlat®. Andrey Gribov, Director General of CyberPlat®, mentioned in his interview to "С-news.ru" http://www.cnews.com/reviews/free/payments/int/cyberplat : "The demand for the services of electronic pay systems is growing by leaps and bounds. For example, only in 2005 more than 200 million payments were made through CyberPlat® (the total amount of them exceeding $1,12 billion, which is 2,5 as much as in 2004). During the first half of 2006, there were almost 250 million transactions conducted and the company's turnover reached almost $1, 019 billion".

The fact that CyberPlat® makes it possible for the majority of the Russian population to easily use telecommunication technologies (mobile communications, Internet, etc.) is of great social importance. New payment infrastructure developed by CyberPlat® plays a decisive role in overcoming the problem of the so-called "digital inequality" in the Russian Federation. Thanks to CyberPlat® one can top up his/her mobile account at any payment point with a sum much less than the minimal cost of a prepaid card – even 10-20 rubles would be enough. Statistics show that half of all CyberPlat® transactions are payments amounting to less than 80-90 rubles. At the average payment amount continues diminishing. It clearly demonstrates that CyberPlat® actively contributes to the growth of mobile communication networks in Russia with more and more potential subscribers from preschool age upwards connecting. It is obvious that the formerly dominating system of paying for mobile communication services at the offices of mobile operators was not convenient for the growing number of subscribers. Wasting time standing in queues to top up a mobile account seriously hindered the development of mobile communication and other similar services such as Internet access, satellite and cable TV. Prepaid cards surely lowered time losses, but lead to increased service costs for mobile operators, as well as for their subscribers. A modern socially responsible service provider can not allow such extra costs.

All the more is this applicable to such new economy sector as mobile communications, where millions of subscribers regularly make tens of millions of payments. That is why millions of citizens chose the new, socially oriented payment system of CyberPlat® born on August, 12, 1998; the day when the first transaction took place.


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For more information:

CYBERPLAT.COM
World Trade Center-2, 12 Krasnopresnenskaya nab., entrance 7, office 1202, Moscow, Russia 123610
Tel.: 007 495 967-02-20 ext. 055, fax: 007 495 967-06-00.

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