YooMoney market thrives worldwide with QIWI Wallet, Visa,


YooMoney Market

HTF Market Intelligence has released a new 22-page research report on the title “YooMoney – Competitor Profile” with detailed analysis, forecast and strategies. The study covers key regions which include North America, Europe or Asia and major players such as YooMoney, QIWI Wallet, Visa, Mastercard.

Request a sample report @ https://www.htfmarketreport.com/sample-report/3604433-yoomoney-competitor-profile


YooMoney (formerly Yandex.Money) is one of the most popular alternative payment solutions in Russia. It was launched as Yandex.Money in July 2002 as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. However, Yandex sold a 75% stake in Yandex.Money to Sberbank in July 2013. In July 2020, Sberbank acquired the remaining 25% of Yandex.Money to become the sole owner of the company. Following the acquisition, Yandex.Money was renamed YooMoney.

YooMoney allows users to make online and offline payments as well as P2P fund transfers. It offers online payment through YooKassa (formerly known as Yandex.Checkout), allowing online merchants to accept payments through the YooMoney wallet and associated bank cards, as well as other payment options such as online banking, cash and carrier billing. Alternatively, users can make payments by scanning the QR code on merchant websites through the YooMoney mobile app. Users can make in-store payments by scanning QR codes or using Visa or Mastercard branded YooMoney cards. Users can also add these cards to other wallets such as Apple Pay, Google Pay, Samsung Pay, and Garmin Pay.

Users can add funds to the wallet through payment cards, online banking, carrier billing, cash acceptance points (mobile merchants and payment kiosks accepting cash), point of sale, supported bank branches, ATMs and post offices. Funds available in the wallet can also be withdrawn from ATMs of partner banks using YooMoney cards. In January 2020, YooMoney partnered with the Central Bank of the Russian Federation to connect YooMoney to the faster payment system, allowing YooMoney users to send and receive instant transfers from users of supporting banks covered by the system.

The report provides insight and insight on YooMoney, including:
– Detailed presentation of its activity
– Complete coverage of its products and services
– Comparative evaluation with the main alternative payment solutions
– Information on its revenue model
– Important events and milestones of the company


– In July 2002, Yandex.Money was founded as a joint project between Yandex and PayCash Group.
– In February 2011, Yandex.Money launched a card payment service, allowing users to make payments through Yandex.Money with any bank card.
– In October 2015, Yandex.Money partnered with Mastercard to allow users to make purchases on foreign sites where Masterpass is accepted.
– In January 2020, Yandex.Money partnered with the Central Bank of the Russian Federation to connect Yandex.Money to the faster payment system. The system will allow Yandex.Money users to make and accept instant transfers from users of the 36 banks covered by the system.
– In July 2021, YooMoney launched YooSelf, a platform for the self-employed that helps them track their income, taxes and debt; pay taxes; and create invoices.

Reasons to buy

– Get insight into YooMoney’s key business operations and events.
– Acquire information on its product portfolio.
– Evaluate the competitive dynamics in the alternative payments industry by comparing its performance against its competitors.

Companies mentioned in the report

QIWI Wallet

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See the detailed table of contents @ https://www.htfmarketreport.com/reports/3604433-yoomoney-competitor-profile

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HTF Market Intelligence consulting is uniquely positioned to empower and inspire research and advisory services to empower companies with growth strategies, delivering services with extraordinary depth and breadth of thought leadership, research, tools, events and experiences that aid in decision making.

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