According to TNS, Yandex.Money is Russia's most well-known and widely used payment service: 87 percent of Russians are familiar with it, and 22 percent regularly use Yandex.Money to make payments. As of December 2014, Yandex.Money had 20 million accounts with about 12,000 new accounts opened daily.
The service offers online stores a convenient universal payment solution for accepting online payments - Yandex Payment Solution. With this service, merchants can start accepting payment methods that are most popular among residents of Russia and other CIS countries: bank cards (Visa, Visa Electron, MasterCard, and MasterCard Maestro), e-wallets, cell phone balances for the top Russia/CIS providers, and cash via mobile retailers and payment kiosks (over 170 thousand cash-acceptance points all over Russia). Currently, over 76,000 online stores accept Yandex Payment Solution.
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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
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According to TNS, Yandex.Money is Russia's most well-known and widely used payment service: 87 percent of Russians are familiar with it, and 22 percent regularly use Yandex.Money to make payments. As of December 2014, Yandex.Money had 20 million accounts with about 12,000 new accounts opened daily.
The service offers online stores a convenient universal payment solution for accepting online payments - Yandex Payment Solution. With this service, merchants can start accepting payment methods that are most popular among residents of Russia and other CIS countries: bank cards (Visa, Visa Electron, MasterCard, and MasterCard Maestro), e-wallets, cell phone balances for the top Russia/CIS providers, and cash via mobile retailers and payment kiosks (over 170 thousand cash-acceptance points all over Russia). Currently, over 76,000 online stores accept Yandex Payment Solution.
Moscow
119021 Moscow
Russian Federation
Main Phone Number | +7 (495) 739 2325 |
Main Fax Number | +7 (495) 739 2211 |
sales@money.yandex.ru |
Website | https://money.yandex.ru/eng/merchants/ |
Blog | https://money.yandex.ru/doc.xml?id=526324 |
RUSSIA | AliExpress, a global retail marketplace part of Alibaba Group, starts offering Yandex.Money as a payment option. Now Russian consumers shopping on AliExpress will be able to pay commission free using their Yandex.Money e-wallets. Shoppers will soon have the option of paying fo [...] Read more
RUSSIA | TNS has conducted research on the popularity of online payment methods among Russian online shoppers of different age and demographic groups. The research reveals the preferences for Russian online shoppers to use cards, pay offline or use e-money payment methods [...] Read more
RUSSIA | Yandex.Money, Russia's largest online payment solution, introduces its Cashbox service to all Nethouse users. The Yandex.Money Cashbox allows merchants to accept the Yandex Money e-Wallet and Webmoney transactions as well as Visa and MasterCard credit cards, Visa Electron and Maestro. Nethouse is a CMS Read more
MOSCOW | Yandex.Money now offers a universal payment solution for internet merchants, businesses or organisations. Using this solution, any online store, vendor or charity in Russia (and some other countries) can easily add all the most popular payment methods to their website and expand payment opportunities for their clients. Yandex.Money's universal payment solution includes payments with a bank [...] Read more
LONDON | Skrill partners with Russian largest payments service Yandex.Money. The collaboration enables Skrill to expand its coverage of the Russian payments market and allows Yandex.Money to be integrated as a payment option for Skrill’s 140,000 merchants worldwide. Yandex.Money: Russia’s most popular payment s [...] Read more
So it happened: Sberbank has formally announced it is entering a strategic partnership with Yandex Money, meaning it is acquiring a majority share of a leading epayments / emoney company, sprung to life by Yandex, world’s leading cyrillic search engine. Now, one “big data” search company hands over a payment service to another company that strives to become a “big data” one. With Yandex Money, [...] Read more
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