Elecsnet owns and operates Russia ’s major network of self-service terminals processing full range of payments including mobile top-ups, fixed line, cable TV, utilities and other services.

 Making its first terminal and unique software in 2000, Elecsnet de facto created Russian market of payment processing terminals’ networks. Since then the Company remains the leader in innovation, quality of service and volume of operations. The company operates more than 2,900 branded terminals across Russia . Additionally, Elecsnet processes more than 8,000 third-party bank ATMs.

Our competitive strengths:

• Own network of terminals. All terminals are owned by the company and united in a single chain. This guarantees quality of transactions and allows quick introduction of new marketing initiatives (services) at low-cost.

• Legitimacy of operations. All transactions go through a licensed processing center, complying with the Russian legislation.

• Self-sufficiency. Elecsnet is an integrated group of companies comprising own facilities for money transactions processing, manufacturing and maintenance of terminals, software development, and marketing. Vertical integration minimizes market risks and guarantees stable development of the company.

• Strong management and solid financial platform. Set up by a group of professionals with many years in the banking and financial area, Elecsnet strengthened its team in 2005 and 2006 concluding investment shareholder agreements with two reputable Western private equity funds – Mint Capital and Benchmark Capital.

Elecsnet’s terminal is a unique universal payment tool able to process practically an unlimited number of various electronic services. Combined with legitimacy of all financial operations and innovative marketing this makes Elecsnet a desirable partner of a wide range of corporate clients. Besides all telecom operators the list includes major Russian banks, leading Internet shops and service providers, major retail chains, publishing houses.

Our goal is to expand our position in Russia and CIS as a leading provider of instant cash payments via self-service terminals, to further increase the scope of our services and their convenience, to expand our client base and geography of operations, and to capitalize on the synergies deriving from our status as an integrated group.

Key financial and operational results