Internet payment system establishes links to Alfa-Bank’s processing center

Signing the agreement provides new opportunities for e-commerce in Russia and development of Russia’s Internet business. Now the system Assist, Russia’s leading Internet payment center, offers clients the opportunity to make payments through Alfa-Bank.

Companies that develop e-commerce capabilities must provide security of client accounts, Internet payments, and independence of payment systems. Alfa-Bank, a new partner of Assist, is ready to be accountable to these requirements.

Alfa-Bank constantly expands its horizons to offer clients a broad spectrum of quality traditional banking and e-commerce products. Retail outlets using Alfa-Bank’s acquiring services can now transfer a part of their business to the Internet and accept payments with cards in virtual stores through Assist.

Peksoft and Alfa-Bank intend to continue to develop business relations for implementing high-tech banking, information service projects through the Internet for customers and clients.

Alfa-Bank is a high-tech universal bank with an expanding branch network, 60 regional branches throughout the CIS. Alfa-Bank has a reputation of being one of the most reliable Russian banks and is among the top five banks of Russia in size of capital.

Reksoft released the Internet payment system Assist for commercial exploitation in March 1999. The service centers of CyberPlat, STB Card, and Alfa-Bank process payments. Leading retailers, including GUM-Internet, oZone, Supermarket XXL, are clients of the system.

Reksoft was established in Saint Petersburg in 1991. Reksoft is one of Russia’s leading manufacturers of software, e-commerce solutions, Internet business, and telecommunications.

In June 2000 Reksoft’s Quality System was certified as a DIN ISO 9001 standard in project management, development, delivery, installation, and service of computer systems and software.