MOSCOW, February 13, 2017 /PRNewswire/ --
Mobile TeleSystems PJSC ("MTS" or
the "Company" - NYSE: MBT; MOEX:
MTSS), the leading telecommunications provider in Russia and the CIS, launches MTS Money
Wallet, that enables users to get an easy
"one-click" access to
MTS's financial services and be rewarded with
bonuses and loyalty points. The new service combines
all payments tools on one platform - electronic wallet, bank cards,
and customers' mobile account balances. Not just a
payment system, MTS Money Wallet is a hub for all of
MTS's financial services.
(Logo:
http://photos.prnewswire.com/prnh/20121115/AQ14468LOGO )
Vasyl Latsanych, Vice President for Strategy and Marketing at
MTS, believes the launch of MTS Money Wallet marks the
transformation of the smartphone into a functional and versatile
financial tool. "Today we are entering into a new era of
mobile and financial services. We created the unified
ecosystem, which would become a convenient,
transparent, and secure alternative for cash and bank
cards. The initial functions included in the service
only mark the beginning of our journey. We will combine all
possible payment solutions with leading loyalty programs. We
believe that cash and cards will become redundant in
near future. All
we'll need for comfortable
communications and financial management is a
smartphone".
MTS clients got an option to make payments and money transfers
from the e-wallet through a smartphone or MTS website. There is no
need to open a bank account or issue a bank card. Users are able to
access the MTS Money Wallet through the iOS and Android apps or the
MTS Money Wallet website (www.dengi.mts.ru). The service is
available for both individuals and businesses.
Once signed up to the service, MTS Money Wallet customers will
have access to their platform, where they can add payment cards to
their wallet. Customers will then be able to make purchases online
and transfer funds from MTS Money Wallet without having to re-enter
their bank details each time. The user-friendly interface also
makes it quick and easy to check wallet balances. The issuer of
electronic money is MTS Bank.
All MTS Money Wallet users are automatically enrolled onto the
MTS Bonus program, which offers loyalty points and access to
exclusive offers and discounts.
The service will be updated every month taking into account
feedback from customers. Users can email their feedback to
feedback.dengi@mts.ru.
Extra advantages of MTS Money Wallet:
- CONVIENIENT MONEY TRANSFERS: the user can simply
indicate the phone number of the money recipient and choose the
account (either mobile account balances or MTS e-wallet)
- SIMPLIFIED IDENTIFICATION AND INCREASED LIMITS ON
TRANSACTIONS: MTS subscribers are identified automatically and
get an immediate access to money transfers and payments on websites
of foreign companies with the limits for a single transaction up to
60,000 rubles or 200,000 robles (for customers of MTS Bank)
MTS Money Wallet will be enhanced with the following functions
during 2017:
- SERVICE AVAILABILITY FOR ALL
CLIENTS: both MTS and non-MTS customers will be able
to use all the functions of the service except payments through
mobile account balances
- PUBLIC TRANSPORT AND STORES: contactless payments
through either the app or USSD/SMS.
- MTS MONEY BUTTON on online merchants to allow one-click
purchases from devices connected to the service.
- INTEGRATION OF MTS MONEY INTO MOBILE
BANKING: clients of MTS Bank will be able
to monitor their bank cards, make money transfer, and get bank
products
- MIGRATION OF 'EASY PAYMENT'
CUSTOMERS to MTS Money Wallet.
MTS Money Wallet has evolved from the MTS Money app, which
launched in August 2016 and allowed
customers to make in-store contactless payments. The service is
developed in partnership with MTS Bank and Runet Business
Systems.
***
For further information, please contact in Moscow:
Joshua B. Tulgan
Director, Department of Corporate Finance and Investor
Relations
Mobile TeleSystems PJSC
Tel: +7-495-223-2025
E-mail: ir@mts.ru
Learn more about MTS. Visit the official blog of the Investor
Relations Department at www.mtsgsm.com/blog/
* * *
Mobile TeleSystems PJSC ("MTS" - NYSE:MBT; MOEX:MTSS) is the
leading telecommunications group in Russia and the CIS. We provide wireless
Internet access and fixed voice, broadband and pay-TV to over 100
million customers who value high quality of service at a
competitive price. Our wireless and fixed-line networks deliver
best-in-class speeds and coverage throughout Russia, Ukraine, Armenia, Turkmenistan and Belarus. To keep pace with evolving customer
demand, we continue to grow through innovative products,
investments in our market-leading retail platform, mobile payment
services, e-commerce and IT solutions. For more information, please
visit: www.mtsgsm.com.
* * *
Some of the information in this press release may contain
projections or other forward-looking statements regarding future
events or the future financial performance of MTS, as defined in
the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. You can identify forward looking
statements by terms such as "expect," "believe," "anticipate,"
"estimate," "intend," "will," "could," "may" or "might," and the
negative of such terms or other similar expressions. We wish to
caution you that these statements are only predictions and that
actual events or results may differ materially. We do not undertake
or intend to update these statements to reflect events and
circumstances occurring after the date hereof or to reflect the
occurrence of unanticipated events. We refer you to the documents
MTS files from time to time with the U.S. Securities and Exchange
Commission, specifically the Company's most recent Form 20-F. These
documents contain and identify important factors, including those
contained in the section captioned "Risk Factors" that could cause
the actual results to differ materially from those contained in our
projections or forward-looking statements, including, among others,
the severity and duration of current economic and financial
conditions, including volatility in interest and exchange rates,
commodity and equity prices and the value of financial assets; the
impact of Russian, U.S. and other foreign government programs to
restore liquidity and stimulate national and global economies, our
ability to maintain our current credit rating and the impact on our
funding costs and competitive position if we do not do so,
strategic actions, including acquisitions and dispositions and our
success in integrating acquired businesses, potential fluctuations
in quarterly results, our competitive environment, dependence on
new service development and tariff structures, rapid technological
and market change, acquisition strategy, risks associated with
telecommunications infrastructure, governmental regulation of the
telecommunications industries and other risks associated with
operating in Russia and the CIS,
volatility of stock price, financial risk management and future
growth subject to risks.
* * *