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
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.
- Quick and Secure
It is a quick and secure methodology for net payments like iGaming payments through Yandex Money deposit.
- 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.
- 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.
- 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.
- Only in one currency account
Yandex Money doesn’t enable a multi-currency account.
- High commission rate
Their currency conversion commission rate is incredibly high. They additionally charge for internal transfer.
- Les support for individuals living outside Russia
Yandex Money provides weak support to the users living outside the Russian Federation.
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.