Subsidiary Bank Sberbank of Russia announces launch jointly with CloudPayments Kazakhstan of innovative services of online payments through Internet and mobile apps

/KASE, February 14, 2017/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of February 14, 2017: quote Sberbank jointly with CloudPayments Kazakhstan offer a unique solution for the Internet commerce which allows expanding the sales channels of all business categories. Now, there is no need to go to a bank to connect to the Internet acquiring service. It is enough to fill out a form on the website and begin to accept real payments within two days. Within the package Sberbank additionally provides: free opening of a settlement account for obtaining a reimbursement, discounts for connection to the Internet banking and opening of a card for obtaining a reimbursement on payments. "Today, E-commerce in Kazakhstan is a market segment with a huge potential for growth. Last year, the amount of payments on the Internet increased more than three times. Today, Sberbank actively digitizes own products. We are sure that the CloudPayments decision will become an additional channel for entrepreneurs to attract customers and increase own income", Aleksey Akimov, Deputy Chairman of the Management Board of SB Sberbank JSC of Retail Business, says. Main advantages of the service: - Operational connection to the service - 2 days; - Connection to the Internet acquiring without visiting a bank; - Clear and simple integration with a possibility of setup of all payment instruments; - Reimbursement of funds to an entrepreneur is performed on the next business day after acquisition of service or goods by a client; - High percent of successful transactions due to unique technologies; - Acceptance of payments on social networks; - Card binding for purchase in 1 click. CloudPayments Kazakhstan LLP is the technological leader in the Internet acquiring market. The payment service allows to pay not only on the website and in a mobile application, but also on social networks, in licensed software, through the SMS and e-mail. Outside of Kazakhstan, the company has representative offices in Europe. unquote [2017-02-14]