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Yandex.Money stands as the premier online payment platform in Russia. It facilitates easy online shopping for Russian users. This service also simplifies payments for various utilities and mobile services. Yandex.Money is a collaboration between the highly regarded search engine Yandex and Sberbank, the largest banking institution in Eastern Europe. Currently, there are over 18 million active e-wallets on Yandex.Money, with more than 12,000 new accounts being created each day.
Yandex.Money provides businesses globally with a comprehensive payment solution. This presents a distinctive advantage for both retailers and consumers. Online merchants can subscribe to a single package that enables them to accept all the leading payment options preferred by Russian customers, including electronic money, bank cards, cash, and mobile payment billing.