About Us

Elecsnet is a Russian service company providing round the clock self-service infrastructure for payment and money transfers.Developing its first software in 2000, Elecsnet pioneered the Russian market of consumer cash payments through terminals.

Today Elecsnet operates Russia’s major network of self-service terminals (more than 2 800) and processes above 11 000 third-party bank ATMs in16 Russian regions.

The company’s processing center is connected in real time mode with billing systems of leading telecom operators enabling instant top-up of client’s account and immediate access to the service paid. Some services are unique. Elecsnet’s terminals can top-up any VISA card account issued by a Russian bank.  

All transactions in Elecsnet are performed by the Moscow Clearing Center having a license of the Central Bank of Russia dated July 8, 2003 guaranteeing safety of payments. This totally excludes any potential loss of payments or its irrevocability.

The terminals are located in prime areas; supermarkets, shops, shopping and entertainment centers, coffee shops and restaurants, gas stations, universities and subway crossing sections. Most of terminals operate round the clock.

To find a terminal close to you, please use the Interactive map of terminal addresses.

Elecsnet is developing. The company’s priorities are to improve existing services and to develop new ones, as well as to increase usability of terminals.

The company’s achievements are noted. In 2005, Elecsnet became the 1st terminals company to raise financing from a professional investor, a Scandinavian private equity fund Mint Capital. In 2006, another investor – a European private equity fund Balderton Capital invested in the company. Both funds cumulatively invested 12 million USD into Elecsnet.

Key facts:

  • Annual turnover — around $1,6 bln.
  • Annual revenue — around $40 mln.
  • More than 18 mln clients a year.
  • About 70 mln transactions a year.
  • Major operator of own chain of terminals with banking license.
  • Vertically integrated business: own processing, maintenance of terminals, development of software.

Board of Directors: professionals with 20 years of experience in banking, heads of Western private equity funds, ex head of VISA in Russia.