OREANDA-NEWS. November 27, 2008. Through cooperation with the CyberPlat payment system, Rosselkhozbank can expand its retails business by way of rendering to the population additional services in acceptance of payments using its ATM network. It will allow the clients of Rosselkhozbank to pay for the services of mobile and fixed-line telecommunication, housing and public utilities, as well as for Internet access, commercial television, and numerous other services (rendered by more than 300 providers) round-the-clock in the real time mode.

Currently, acceptance of payments using the CyberPlat payment system is performed through more than 160 ATMs of Rosselkhozbank located in Moscow and in its regional branches. By the end of the current year the number of ATMs of the bank shall exceed the number of 500. In the future, Rosselkhozbank is planning to render analogous services not only through its ATMs but in offices and branches of the bank as well which number exceeds 1300 facilities.

Today, more than one hundred Russian banks have already connected to the CyberPlat payment system and this process develops at an ever-increasing rate. The CyberPlat payment system is appealing to banks because it helps them to draw retail customers owing to the constantly expanding set of financial products and services" — the Executive Director of CyberPlat OJSC, Vladimir Kuznetsov, stated.