Yandex.Money wins Europe’s Merchant Payments Ecosystem Best PSP Award 2019
February 26, 2019
Yandex.Money’s payment service provider Yandex.Checkout was recognized as the Best PSP at Merchant Payments Ecosystem (MPE) Conference 2019 in Berlin. The winners of MPE Awards 2019 were announced on February 20 at the MPE Awards Gala Dinner & Ceremony held in the InterContinental Hotel Berlin, attended by 1000+ MPE2019 conference participants.
The MPE Awards judges have commended Yandex.Checkout’s features and achievements: the ecosystem of payment methods, invoicing, online loans and installments, B2B payments, antifraud system, and many others. Yandex.Checkout was ranked top PSP that offers the best and most efficient mix of payment options and provides the best overall service to its customers supporting merchants’ omni-channel payments strategy, i.e. the availability of all payment options in any channel.
«We are honored to receive high praise from the distinguished experts at the prestigious Europe’s MPE event in Berlin. Earlier, Yandex.Checkout won the Emerging Payment Award at MPE 2017, meaning we are moving in the right direction by providing exceptional services and products to our partners that include top global and Russian companies,» says Ivan Glazachev, CEO at Yandex.Money.
The Merchant Payments Ecosystem Awards celebrate and honor the achievements of companies across European merchant payments ecosystem. MPE Awards launched in 2010 as the first European awards ceremony to recognize the outstanding role of card acquirers, processors, PSPs, POS, and payment solution providers by honoring companies and individuals who help move the industry forward. In 2019, the categories have been fully updated to reflect the areas that matter most to payment acceptance in today’s market.
Yandex.Checkout is the leading service for accepting online payments in Russia, according to a 2018 survey by MARC. With this payment solution, merchants from all over the world can offer Russian consumers the online payment methods most popular among Russians and CIS-citizens: bank cards, e-wallets, mobile phones, and cash via mobile retailers and payment kiosks (there are over 250 thousand cash-acceptance points all over CIS). Currently, more than 90,000 online stores across the globe use Yandex.Checkout.
Yandex.Checkout was launched by Yandex.Money in 2013. Yandex.Money is the joint venture of search engine Yandex (NASDAQ: YNDX), and Sberbank, the largest bank in Russia.