OREANDA-NEWS. On October 24, 2007 Press service of Halyk saving bank of Kazakhstan JSC (Almaty) and Mobile Telecom-Service LLP had spread a joint press release of the following content, reported the press-centre of KASE:

On October 24 of 2007, Halyk saving bank of Kazakhstan JSC (www.halykbank.kz) and Mobile Telecom-Service Company with NEO brand (www.neogsm.kz) announced the launch of the joint project - "Mobile banking" system. Now mobile banking became accessible for absolutely all cell phone subscribers in Kazakhstan.

Due to "Mobile banking" system, NEO subscribers who are owners of Charge Cards of Halyk saving bank of Kazakhstan JSC will have an opportunity of twenty-four-hour monitoring of moving and managing money by SMS messages.

In case any operation or authorization on cart account (purchase, services payment, money inflow etc.) the clients of "Mobile banking" will receive a notification on their cell phone. The message contains information of sum, time and location of a deal. A client may link up a non-limited number of charge carts to this service and receive notifications on his/her number.

When needed, a client can block the cart by sending an appropriate SMS. In addition to mobile notification about transactions made, connection to "Mobile banking" allows receiving information about balance on the cart account or about the last ten transactions by sending SMS queries from cell phone at any time and from any place. It is possible to connect to the service through any ATM of Halyk saving bank of Kazakhstan JSC and Halyk saving bank of Kyrgyzstan JSC on the territory of Kazakhstan or Kyrgyzia.

Further development of this sector is expected in the near future – making payments for services of NEO cell phone connection directly through a cell phone.