Kcell Mobile Network Operator and “Kaspi Bank” JSC Launch “Autopayment”

31 October 2011, Almaty - Mobile operator GSM Kazakhstan/Kcell and one of the largest retail banks in Kazakhstan Kaspi Bank announced the launch of the “Autopayment” service, allowing topping up the balance of the mobile phone through automatic transfer of money from the bank account, thus saving the time of a subscriber.

The new service for the market of Kazakhstan, “Autopayment” is currently available to Kcell, Activ and Vegaline subscribers, holding an credit cards with “Kaspi Bank” JSC. The benefits of services are the instantaneous automatic top up of balance of the mobile phone when only 100 tenge or less remain; no need any more to pay through terminals or by payment cards, and existence of ability to sign up multiple phone numbers to one bank account. In this case, the service is activated free of charge, transactions are completed without commission fees. In addition, when signing up a subscriber receives 100 bonus minutes.*

GSM Kazakhstan continues to introduce a wide range of services, saving time and money for our subscribers. Last year, the mobile operator introduced the “Online Payment” service, which was very timely and became demanded among the customers. The company is now offering “Autopayment”, enabling the customers, once activated the service, stop worrying about the state of the balance of their mobile phone. The system will automatically replenish the balance as soon as it reached 100 tenge and less. “We are launching the service with kaspi bank. We are confident that our subscribers will appreciate the benefits and convenience of the new service”, said Veysel Aral, Chief Executive Officer of GSM Kazakhstan/Kcell.

According to Kcell, annually Kazakhstanis pay out around 50m USD commission fees to various agent organizations providing the mobile phone balance top up services. Now with “Autopayment” Kcell clients holding kaspi bank credit cards will not pay any commission fees to anyone.

“We have been very enthusiastic to launch the most convenient and beneficial service to top up mobile phone balance, - comments Mikhail Lomtadze, Chairman of Board of “Kaspi Bank” JSC, - In cooperation with Kcell we have designed a completely new service for Kazakhstan, the “Autopayment”. Now our clients and Kcell subscribers do not have to pay commission fees and look for payment terminals to top up mobile phones. Thanks to this service, our clients will not only save time and money, but they will also avoid situations when they need to make calls but do not have money on balances. We will top up their balances for free of charge. As a result, kaspi bank and Kcell clients will be always on line to talk on phone more and cheaper.”

The service "Autopayment" may be activated by the Kcell, Activ and Vegaline subscriber, possessing the number, being registered to an individual, entered into the bank account agreement with the partner bank and /or who is the holder of the bank payment card. To activate the service is available at any branch of a partner bank. Activation of the service is for free.