Yandex.Money

According to a study of 2016, Yandex Money is the most used online payment service in Russia. This payment methodology isn’t solely used by individuals but merchants too. The fundamental slogan of Yandex Money service is to provide reliable, secure, and instant online payment.
Yandex Money started operating in 2002. It’s conjointly established by the widely used search engine of Russia, Yandex, and also the Sberbank. Sberbank owns the foremost part of the Yandex Money. Recently it modified its name to YooMoney from Yandex Money.

The best online casinos that accept Yandex.Money

First deposit bonus:
100% up to €100 plus 25 free spins
T&C's apply
Available games
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Table Games
Advantages
Attractive 100% welcome bonus
iTech Labs certification
UK Gambling License holder
Disadvantages
Low cashout limits
Live chat isn't availible 24/7
Limited languages
Review
Established
October 20, 2020
First deposit bonus:
100% up to €/$100
T&C's apply
Available games
Baccarat
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Advantages
High cash out limits
24/7 live chat
Best game providers
Atractive VIP program
Disadvantages
Country restrictions
Long withdrawal process
Review
Established
October 20, 2020
First deposit bonus:
100% up to $/€150 plus 55 free spins
T&C's apply
Available games
Baccarat
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Advantages
Great bonus packages on the first deposit
Fast withdrawals
Support available 24/7
Payments in cryptocurrencies are supported
Disadvantages
Country restrictions
Strict wagering requirements from bonuses
Big winnings are paid in several instalments
Bank transfer in USD isn't available
Review
Established
October 20, 2020
Favbet
7.2
Registration bonus:
Risk free bet up to €20 plus 100% deposit bonus up to €100
First deposit bonus:
100% deposit bonus up to €100
T&C's apply
Available games
Baccarat
Craps
Live Casino Games
Poker
Roulette
Slots
Sports Betting
Advantages
Exelent support available 24/7: live chat, Skype and email
Bitcoin payment available
Regular promotions and bonuses
Totally instant-play
Disadvantages
No video pokers game
Low cash out limit
Sports bets take priority over the casino games
Review
Established
October 20, 2020
Evobet
7.9
First deposit bonus:
130% up to €1000
T&C's apply
Available games
Live Casino Games
Poker
Scratch Cards
Sports Betting
Table Games
Advantages
Atractive welcome offers
Low wagering requirement from bonuses
Cash-back for players every week
Disadvantages
Live chat available only during working hours
Winnings over €10000 are paid in instalments
Low daily withdrawal limit
Review
Established
October 20, 2020
First deposit bonus:
100% up to $/€500 plus 250 free spins
T&C's apply
Available games
Baccarat
Blackjack
Craps
Poker
Roulette
Slots
Table Games
Advantages
Atractive welcome bonuses and VIP program
Support availible 24/7
Payments in cryptocurrency are supported
Mobile adapted website
Disadvantages
Low withdrawal limits
Strict wagering requirements for bonuses
Skrill and Neteller deposits don't promote
Big winnings (over €14000) can be paid in instalments
Review
Established
October 1, 2020

Online payment procedure

Yandex.Checkout is a system of Yandex Money that is established for online fund transfers like casino payments. Merchants and individuals around the globe pay online utilities and casino payments using Yandex.Checkout. It supports cards, e-wallets, cell phones, direct debit, etc. Yandex.Checkout is being widely used by the majority over the globe. Nearly three hundred thousand cash accepting units are formed by Yandex.Money. Its e-wallet is integrated into several stores for online purchases and alternative casino payments.
For online transactions, you’ve got to form Yandex Money account on Yandex.Money website.
For casino payments, you simply ought to log into your Yandex Money payments account then select Yandex Money as your payment option.

How to deposit and withdraw cash

You can produce an associate e-wallet on Yandex Money website. Once making an associate e-wallet you’ll be able to deposit funds, withdraw cash, purchase online things and additionally transfer to somebody simply. Simply log into your account and choose the choice of Yandex Money payment your payment option.

Yandex Money Card

Yandex Money payment offers a plastic master card as well as a free virtual master Yandex Money card. You’ll be able to use that card to shop for online games and casino payments in iGaming. You’ll be able to additionally pay your fines by Yandex Money card.

Yandex Money mobile app

There are nearly four million individuals that are using Yandex Money mobile app. You’ll be able to pay your utility bills, fines, and loan payments by Yandex Money mobile app. It’s additionally helpful for casino payments.

Advantages of Yandex Money payments

Following area unit the most edges of victimization Yandex Money payments.

  1. Quick and Secure
    It is a quick and secure methodology for net payments like iGaming payments through Yandex Money deposit.
  2. Virtual Yandex Money card
    Another advantage could be a virtual master card. You’ll be able to get virtual Yandex Money card for free of charge.
  3. One e-wallet for all payments
    You can use one Yandex Money e-wallet for all variety of online transactions i.e. casino payments and fund transfer.

Drawbacks of Yandex Money payments

Following area unit some drawbacks of Yandex Money payments.

  1. Not used outside Russia.
    Although it’s the foremost illustrious payment system in Russia, however, it’s not a lot of illustrious around the globe.
  2. Only in one currency account
    Yandex Money doesn’t enable a multi-currency account.
  3. High commission rate
    Their currency conversion commission rate is incredibly high. They additionally charge for internal transfer.
  4. Les support for individuals living outside Russia
    Yandex Money provides weak support to the users living outside the Russian Federation.

Concluding Remarks

We can say that Yandex Money payment methodology is simple and quick for online casino payments and other payments. You can use a single wallet for several functions like casino payments, online game buying, and funds transfer, etc.