Yandex.Money, the largest online payment service in Russia, brings its users a new method of contactless payments — via Android Pay. With this method, users can now pay from Yandex.Money virtual and plastic Mastercards, and companies can start accepting payments via Android Pay through Yandex.Checkout.
Mediascope research company (former TNS) has studied how Russian users make electronic payments. The results revealed that the popularity of mobile payments has grown significantly compared to last year. 60% more users prefer to pay using applications rather than the mobile versions of websites. The percentage of users who prefer contactless payments does not exceed 8.6%.
Yandex.Checkout enabled companies to accept payments via marketing newsletters. Users no longer need to visit the company’s website to pay for their purchase—the payment button is now accessible directly in the email — for example, on upcoming events, new product arrivals or discounts announcements. This new service is suitable for any business, including those companies that do not have a website at all.
Yandex.Money becomes the first distributor of digital content for Nintendo Switch in Russia. The following games for this console are now available at the service’s website — The Legend of Zelda: Breath of the Wild, Mario Kart 8 Deluxe*, 1-2-Switch, Snipperclips: Cut it out — together. Before that, digital content for Switch could only be purchased at Nintendo eShop.
MARC, a global research agency, studied the market of payment aggregators in Russia and saw how online stores preferences have changed over the year. The company analyzed 116 thousand websites, which sell various goods and services.
Ivan Glazachev, who previously served as the Executive Director and Member of the Board at Russian Standard Bank, is joining Yandex.Money as the CEO. Maria Gracheva, the previous CEO of Yandex.Money, continues working for the company and will now serve as the Business Development Director. Her focus shifts to various Fintech projects and expansion into new markets.
Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer consumers fast and convenient contactless payment via Apple Pay. Yandex.Checkout clients can add a new payment method in apps and on websites. Online shopping has never been easier: paying via Apple Pay is as simple as the touch of a finger. With Touch ID there is no need to manually fill out lengthy payment forms or repeatedly type in billing information.
Yandex.Checkout, Russia’s leading online payment service, has enabled Russians to prepay for their Renault cars online. Renault.ru online store offers its customers a variety of 2016 vehicles, which are now available for booking and prepayment via the store website.
Yandex.Checkout and Riot Games have unveiled a new feature for League of Legends players as the game’s virtual currency can now be purchased via mobile phone balance – a convenient payment method for those who might not have a bank card at hand but have some spare money on their telephone balance.
Russian mobile application Yandex.Fines for iOS has implemented a new feature, which enables paying for traffic fines via Apple Pay. The option is available for iPhone 6 as well as iPad Pro, Air2, mini 3 and later smartphone and tablet versions.
Yandex.Money became the official sales operator of the popular game publisher EA Games. Russian users can now buy FIFA 17 for PC and Xbox through Yandex.Money. FIFA Points for topping up balance are also available for purchase at Yandex.Money website.
Sharp surge in charity donations in Russia in 2016: Russia to join #GivingTuesday for the first time
#GivingTuesday, the global day of grassroots giving, spanning five continents, is coming to Russia for the first time on 29 November.
Chinese online retailer GearBest.com has started accepting payments using Yandex.Checkout, Russia’s leading online payment provider. Yandex.Checkout will provide many payment options for GearBest customers: online shoppers can now pay for their orders via e-wallets, direct debit with Sberbank Online or Alfa Bank as well as by cash using one of the 250 thousand payment kiosks throughout Russia.
Yandex.Money, the largest online payment service in Russia, brings its users Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay in stores, apps and on the web.
Yandex.Money, Russia’s largest online payment service, has become the first company in Russia to introduce money transfers via iMessage. Apple gadget owners who have the Yandex.Money app will now be able to send money directly through the messenger. Yandex.Money will also allow users to crowdfund via group chats.
Russian users can now book their car ride with BlaBlaCar through Yandex.Checkout. BlaBlaCar is a global ridesharing service connecting people who need to travel with drivers who have empty seats travelling the same way. The Paris-based company announces starting its monetization process in Russia, following the example of other countries.
Russia’s leading online payment service Yandex.Money has begun distributing Blizzard Entertainment virtual cards, which provide users with a convenient payment option for Blizzard’s online games: World of Warcraft, Overwatch, Heroes of the Storm, StarCraft, Hearthstone, and Diablo.
Yandex.Checkout is launching a new feature for merchants: the ability to accept payments through QR-codes. Sellers will simply need to place QR-codes on their merchandise, and customers will be able to scan the code through the Yandex.Money mobile application.
Yandex.Money, the largest online payment service in Russia according to TNS, now offers users the ability to pay via the Yandex.Money app on Apple Watch. Users can top up their mobile phones or transfer money to friends right from their wrist. The app also includes options for checking the balance of an account and receiving push notifications.
Yandex.Checkout has launched built-in chat payments for online stores. Many online stores already have live chat support available to visitors on their sites. Now, if customers would like to make an order after consulting with a support agent, they can initiate the payment process right from the chat window. In the chat window, the support agent sends the customer information about the order and a “Checkout” button appears to redirect the buyer to a payment page.
Yandex.Money studied the online payment behavior of its users who play computer and online games. In total, 42% of what they spend through Yandex.Money they spend on games and game accessories (e.g., tools for characters, virtual currency). Compared to the average user, gamers spend seven times as much of their total spending on games.
Yandex.Money took a look at how online payment behavior differs among particular groups of customers, breaking their groups down by gender, occupation, mobile platform, and state of indebtedness. Data collection was arranged through the Yandex’s own technology Crypta. Crypta can distinguish clusters according to categories of customers by relying on their online behavior. Data included information about payments that users made via e-wallet, linked bank cards, and the Yandex.Money MasterCard (Yandex.Money has issued more than 400,000 physical bank cards and 10 million virtual cards).
TNS, a global think tank, released a new report on the popularity of online payments in Russia — how users pay for goods online and which payment methods they prefer.
Yandex.Money, the largest online payment service in Russia, will employ NFC technology to offer users contactless payments from its Android mobile app. Users can now make payments in supermarkets, the metro, and other public places, simply by placing their smartphone up to a POS terminal.
Yandex Payment Solution is debuting a new checkout method in Russia, which allows users to access a variety of payment methods and instant checkout. The new and improved checkout allows merchant sites to determine the preferred payment methods of a customer and present them with a faster, smarter payment process.
Travelers can now access their Yandex.Money e-wallets right form international airports using TravelersBox kiosks. These kiosks allow travelers to deposit their leftover foreign coins and bills to their Yandex.Money e-wallets before departing for their home country.
MARC, a global research agency, has studied the market of payment aggregators among 88,000 online stores in Russia.
Russian users can now pay for games on Sony PlayStation via Yandex.Money e-wallet. Yandex.Money is the first online payment service in Russia that has been allowed to accept quick payments on the popular Sony game console.
Russia’s leading payment service Yandex.Money conducted research on which payment methods users prefer for making donations to private or non-profit projects. This year, users donated money using bank cards (53%), e-wallets (34%), online banking (9%), and text messages (3%). Other transfers were sent online via payment kiosks, and mPOS.
American cashback web site Ebates.com is continuing its expansion into Russia by collaborating with the local leading payment service Yandex.Money. Now Yandex.Money’s 22 million users can have Ebates.ru cashback rewards sent directly to their e-wallets.
MasterCard and Yandex.Money announced today a new partnership. Yandex.Money e-wallet and MasterPass™ are now connected and Yandex.Money users can do shopping on foreign sites where MasterPass is accepted—that is 250,000 online stores across 24 countries.
Chinese online retailer JD.com has started accepting payments using Yandex Payment Solution by Yandex.Money. The companies made the deal 18 June of this year. Now JD.com customers can pay for purchases from their Yandex.Money e-wallets or with bank cards linked to their e-wallets. In the future, Yandex Payment Solution will support payments via the online banking systems of Sberbank, Alfa-Bank, and Promsvyazbank for shoppers on JD.com.
Yandex.Money compared how the online spending habits of users this summer and the previous summer. We analyzed tens of millions of payments made on the more than 75,000 Russian and non-Russian sites that accept payments via Yandex.Money or using payment methods via Yandex Payment Solution.
Yandex.Money Makes Shopping in China Easier: Launch of the Brand New Online Trading Platform TradeEase
The new online trading platform TradeEase has launched in Russia. The platform allows users to shop in China for electronics, household appliances, clothing, footwear, accessories, spare car parts, and much more. Now this platform aggregates offers of 200 Chinese stores. This number is expected to grow to 800 by the end of the year.
Microsoft starts providing users of Lumia in Russia with the payment application of Yandex.Money, a leading payment service in the country.
TNS has conducted research on the popularity of electronic payment methods in Russia. The survey showed that many users literally take e-money wallets with them—40% of e-money users pay with it via desktop computers and mobile devices.
Western Union, a leader in global money transfers and payment services, and Yandex.Money, the largest online payment service in Russia, announced their collaboration. The agreement will enable more than 22 million Yandex.Money users to send money in minutesoverseas to their friends and relatives. The Western Union network comprises of over 500,000 Agent locations in 200 countries and territories across the globe.
The Russian search gaint Yandex has undertaken research of the payment solutions and methods used for accepting payments by Russian online stores.
Russia’s largest online payment service—Yandex.Money—and the largest bank in Eastern Europe—Sberbank—are the first in Russia to offer online stores a new online payment method: text message payments on Sberbank’s Mobile Bank interface. Now it takes online shoppers just a few moments to complete a purchase even without a credit card handy. A user simply specifies his phone number on the store’s website and confirms payment by sending a text message to Mobile Bank’s short number—900. The payment method is available to users commission free.
Yandex.Money has launched the platform Vmeste (meaning ‘together’ in Russian), a comprehensive solution for online fundraising. The solution makes crowdfunding simpler and thus more available to the masses. The project Vmeste (“together” in Russian) combines three new payment tools that will benefit both individuals and charity funds. Now users and companies can organize a comprehensive collection of money on their own payment pages. No technical knowledge is necessary, and there are no additional costs.
Yandex.Money has introduced a new method for confirming payments, whereby one-time passwords are generated by a mobile application. These passwords can be retrieved at any time, even without internet or mobile connection.
Yandex.Money has become Nintendo’s first digital distribution partner in Russia. Now users from Russia and the CIS can buy games for Nintendo 3DS and Wii U in Yandex.Money’s digital goods section. Users can choose from various commission free payment methods: Yandex.Money e-wallet, Visa/Visa Electron, MasterCard, Maestro bank cards and more.
New “wizards” have appeared in Yandex Search, allowing users to make payments without leaving the search results page. One of the wizards helps users browse and purchase tickets to the cinema, another enables users to pay for traffic fines. The wizards eliminate the need to go to the bank or use any special service. Users can do everything directly through the search engine.
Yandex.Money and Simtech have launched Merchium, a cloud solution based on the CS-Cart content management system. Using this solution any person can create an online store: no special skills are needed. The site can be launched as a new website or integrated into an already existing one. Plus, users can open stores on social networks by adding the app with all the necessary options—catalog of goods, shopping cart, customer account—to a specific page (e.g. Facebook or VKontakte). Creating and hosting a resource on Merchium is free.
Users can now use Yandex.Money to pay for mobile service from the Finnish carrier DNA on the site Vedia, an informational resource for Russians traveling in Finland.
Yandex.Money has launched a new service that allows for quick transfers from one card to another. Paying back a friend, sending money to family, or adding money to your bank card just got easier through this card-to-card transfer service. Users do not even need to open an e-wallet.
AliExpress integrates the Yandex.Money payment platform to make shopping online even easier for Russian consumers.
TNS has conducted research on the popularity of electronic payment methods among Russian online shoppers of different age and demographic groups. The survey’s subjects were residents between the ages of 12 and 55, living in cities with populations of over 800,000. Moreover, this study is the first of its kind where TNS has included the 12-17 and 46-55 age categories. In total, more than 2,800 respondents participated in the survey.
Yandex.Money has started selling special readers that enable merchants to accept any Visa or MasterCard.
Now when users open a Yandex.Money Wallet, they automatically get a “virtual” MasterCard. Those who already have a Wallet can get a card under their Wallet Preferences.
Yandex.Money has announced a change to its top executive. Starting 18 March, Maria Gracheva will be taking over the management of the company. The current CEO, Jane Zavalishina, will remain on Yandex.Money’s board of directors.
Yandex.Money has released a new service for paying bills over the internet. Called Gorodskiye Platezhi — literally “City Payments” — it allows any user to pay their bills online, quickly and at any time, without even having to register on the site.
For the first time, Russian internet users can send money over email.
Yandex.Money now offers a universal payment solution for internet merchants, businesses and other organizations. 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 card, Yandex’s electronic money, cash transactions via payment terminals and mobile payments.
Yandex.Money users now have the option of transferring funds from their e-wallets straight to an American bank account—personal or business. That means users can, for example, pay for hotel reservations and rental car service in advance of a vacation, or pay for courses or business services offered in the United States. Moreover, payments can be covered by funds from a Yandex.Money account or a bank card linked to an account. Either way commission is 3% plus 15 rubles.
Customers of the top three Russian mobile operators can now top up their mobile phones straight from Yandex’s search results—commission free. A payment form appears immediately under the search box when a user enters, for example, ‘pay for mobile phone’ (in Russian). The new option is available as a result of Yandex.Money software developers’ enhancements.
Starting today, users can add cash to their Yandex.Money accounts at any Svyaznoy store commission free.
On 24 July, Yandex.Money in partnership with MasterCard will start issuing a new version of its bank card. Now the Yandex.Money MasterCard is available with MasterCard PayPass technology, which allows users to make payments simply by hovering their card over the PayPass terminal. If the purchase is less than 1,000 rubles, you won’t even need to enter the card’s PIN or sign the receipt. Hundreds of thousands of stores, restaurants, gas stations, and parking garages all over the world are equipped with PayPass terminals (you can find nearby locations on MasterCard’s website).
Yandex (NASDAQ:YNDX) and Sberbank of Russia OJSC today announced the completion of the previously publicized joint venture for electronic money solutions. Under the terms of the deal, Sberbank has acquired 75% interest (minus one ruble) in the charter capital of Yandex.Money for approximately $60M. The key objective of this strategic partnership is to drive innovation in online retail payment solutions.
Yandex.Money users can now top up their accounts via Sberbank ATMs and payment terminals without facing any commission charges. The service is available in all Russian regions, using cards from any bank.
Yandex.Money announces partnership with Skrill, a leading European online payment provider. This new collaboration will allow internet stores around the world to quickly and easily tap into Yandex.Money services.
Starting today, Yandex.Money users can add money to their e-wallets accounts using PrivatBank cards. They can withdraw money at any PrivatBank ATM in Ukraine.
Today the App Store began featuring Yandex.Money’s app for iPad. The app allows users to pay for thousands of goods and services, like internet, loans, and utility bills. It’s also handy for topping up your cell phone or Skype account and for sending transfers to other users. All these transactions are easy to make on tablets, which are a convenient option for staying connected while travelling.
From today, the owners of a debit or credit card issued by a Russian bank can instantly transfer funds from their bank account to their Yandex.Money account. In addition to a simple, safe and easy way to help friends or family, the users of Yandex.Money now have a convenient instrument for contributing to a chosen charity or supporting an action or cause.
Yandex and Sberbank of Russia today announced a strategic partnership in the area of e-money, through the establishment of a joint venture on the Yandex.Money platform. Yandex and Sberbank plan to be at the forefront of developing innovative online retail payment solutions by combining Sberbank’s banking expertise and Yandex’s internet technologies.
Starting today, people living in Kazakhstan can use Yandex.Money to pay for mobile phones, TV, and internet. Service providers such as KCell, Beeline, Tele2, Alma-TV, DigitalTV and others have already partnered with Yandex.Money.
Users can now transfer Yandex.Money to a bank account in any country except the US (transfers to US bank accounts will be possible in the near future).
Now, funds can be transferred to accounts on the Russian payment service Yandex.Money from abroad. In 14 European countries commission for bank transfers won’t exceed 1%. These countries include the UK, France, Italy, Spain, and the Scandinavian and Baltic states.
Yandex (NASDAQ: YNDX) today announced the launch of Yandex.Money cards for its customers. Users of Yandex.Money, the largest electronic payment service in Russia, can obtain a free MasterCard debit card to make payments both online and offline using funds from their Yandex.Money accounts.
Yandex. Money users in Ukraine, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Uzbekistan, and Tajikistan can now transfer funds to Visa cards. This service has been available to residents of Russia since February.
Since the beginning of March, users have been able to pay for purchases on Origin with Yandex.Money. Origin is the official portal of the company Electronic Arts, a developer and distributor of electronic games. The service is available to all Yandex.Money’s users—both in Russia and worldwide.
Starting today, Yandex.Money users can transfer funds from their Yandex.Money accounts to any Visa or MasterCard account. Funds can be transferred to the user’s own card or to any other card of their choice, for example to their grandmother’s or little sister’s card.
Yandex.Money has launched an app for Facebook called ‘Collect Money’. Using the app, people can raise funds for anything from academic and charitable projects to vacations with friends.
Now fans of five free online games from the largest video game developer and distributor Electronic Arts can pay for their purchases in the Play4Free virtual store with Yandex.Money. Users can pay commission-free with their accounts or with a linked bank card.