Yandex.Money

CITCON Payment Plugins Let Merchants Reach More Customers and Grow Top-line Revenue

Retrieved on: 
Thursday, July 23, 2020

In addition, with social distancing and more people staying and working from home, customers rely on ordering online more than ever.

Key Points: 
  • In addition, with social distancing and more people staying and working from home, customers rely on ordering online more than ever.
  • Founded in 2015, CITCON is a leading payment technology company, building a payment infrastructure that enables global merchants to accept payments from billions of fast-growing mobile wallet consumers through web, mobile and in-store channels around the world.
  • Mobile payment provides a more user-friendly, secure, and safer contactless shopping and payment experience for both consumers and merchants compared to other payment options.
  • Millions of mobile wallet consumers are now able to shop and pay at tens of thousands of merchants, online, mobile and in-store.

Online Payment Methods 2020 and the Impact of COVID-19 - e-Commerce Payment Choices Amid the Pandemic Differ by Country

Retrieved on: 
Wednesday, July 1, 2020

DUBLIN, July 1, 2020 /PRNewswire/ -- The "Global Online Payment Methods 2020 and COVID-19's Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 1, 2020 /PRNewswire/ -- The "Global Online Payment Methods 2020 and COVID-19's Impact" report has been added to ResearchAndMarkets.com's offering.
  • E-Wallets and contactless cards are the top payment methods benefitting from this change, as consumers use less cash and make more purchases online.
  • Payment security was the top criterion applied by online shoppers when selecting their top payment method, according to an April 2020 survey.
  • It takes into account a wide definition of online payment, including payment methods used in online shopping and mobile payment, such as remote and proximity payments.

Sberbank: Sberbank has decided to accept Yandex's offer regarding sale of Yandex.Market stake and will consolidate 100% of shares in Yandex.Money

Retrieved on: 
Tuesday, June 23, 2020

The aggregate profit of the deal for Sberbank is expected to reach around RUB20 bn, with the final figure to be determined at the closing of the transaction.

Key Points: 
  • The aggregate profit of the deal for Sberbank is expected to reach around RUB20 bn, with the final figure to be determined at the closing of the transaction.
  • On top of that, Sberbank is buying Yandex's shareholding stake (25% + RUB1) in Yandex.Money and will rebrand the latter until the end of 2020.
  • The final price will depend on the US dollar exchange rate ahead of the deal's closing and its date.
  • The daily audience of Beru now exceeds one million people and its monthly turnover is already nearing RUB4 bn.

Ingenico Group: Ingenico takes Russian eCommerce by storm reaching 1 billion USD in transactions in the first 18 months

Retrieved on: 
Thursday, June 18, 2020

Ingenico has rapidly grown its new solution up to a billion in USD flow in its first 18 months - and is seeing impressively high payment approval rates.

Key Points: 
  • Ingenico has rapidly grown its new solution up to a billion in USD flow in its first 18 months - and is seeing impressively high payment approval rates.
  • The Russian Payments Solution offers Mir (Russias domestic card scheme) and Russian e-wallets Qiwi and Yandex.Money.
  • It supports domestic payments in multiple currencies in addition to the Rouble, including EUR and USD reducing the risk for Russian issuers.
  • More insights on Russian ecommerce: Cracking the Russian market
    Ingenico Group (Euronext: FR0000125346 ING) is shaping the future of payments for sustainable and inclusive growth.

KUBRA Continues to Offer Better Payment Experiences with Apple Pay

Retrieved on: 
Thursday, May 21, 2020

Starting at the end of July, customers of billers using KUBRA e-billing or on-demand payment platforms will be able to pay their bills using Apple Pay on their iPhone, iPad, or Mac.

Key Points: 
  • Starting at the end of July, customers of billers using KUBRA e-billing or on-demand payment platforms will be able to pay their bills using Apple Pay on their iPhone, iPad, or Mac.
  • Apple Pay will be available to all utilities, government entities, and insurance agencies using KUBRA payments, including eight of the top 10 gas and electric providers across the United States.
  • "That's why we're excited to add Apple Pay to a long lineup of new and innovative payment options coming to our billing and payment solutions.
  • Apple Pay is easy to set up and end customers will continue receiving all the rewards and benefits offered by their credit and debit cards when they pay their bills with Apple Pay.

Verrency and Coinify Partner to Enable Bank Customers to Spend Virtual Currency at Any Merchant Over a Bank’s Existing Payment Cards

Retrieved on: 
Thursday, August 8, 2019

Global payment innovation leader Verrency, and Coinify, a leading virtual currency payment provider, have today announced a new partnership enabling banks to securely offer their customers the ability to use virtual currency for payments at any merchant around the world.

Key Points: 
  • Global payment innovation leader Verrency, and Coinify, a leading virtual currency payment provider, have today announced a new partnership enabling banks to securely offer their customers the ability to use virtual currency for payments at any merchant around the world.
  • The partnership will empower banks utilising Verrencys middleware platform to integrate virtual currency funding sources and digital wallets with their existing payments rails, without the need for customers to use specially issued prepaid or debit cards.
  • Instead, banks can offer their customers the ability to make payments anywhere using virtual currency via their existing payments products, such as their physical cards and digital wallets.
  • Coinify supports the selection and connection of the wallet infrastructure, which may be either internal or external to the bank.

Consumers Forego Cash for Digitized Payment Solutions

Retrieved on: 
Wednesday, May 8, 2019

By 2019, it is expected that 2.1 billion consumers will have used some sort of digital wallet, according to Braintree's 2018 Global Payments Report.

Key Points: 
  • By 2019, it is expected that 2.1 billion consumers will have used some sort of digital wallet, according to Braintree's 2018 Global Payments Report.
  • As digital payments become more popular, many companies such as retailers and online businesses are working towards integrating a digital payment platform.
  • Now, payment solution providers are focused on developing faster platforms while increasing their security software within the system for their consumers.
  • It shows that the broad availability of free, easy-to-use and fast-acting technology is supplanting the need for cash."

Consumers Forego Cash for Digitized Payment Solutions

Retrieved on: 
Wednesday, May 8, 2019

By 2019, it is expected that 2.1 billion consumers will have used some sort of digital wallet, according to Braintree's 2018 Global Payments Report.

Key Points: 
  • By 2019, it is expected that 2.1 billion consumers will have used some sort of digital wallet, according to Braintree's 2018 Global Payments Report.
  • As digital payments become more popular, many companies such as retailers and online businesses are working towards integrating a digital payment platform.
  • Now, payment solution providers are focused on developing faster platforms while increasing their security software within the system for their consumers.
  • It shows that the broad availability of free, easy-to-use and fast-acting technology is supplanting the need for cash."

Allied Wallet Adds New Payment Methods to Support Israel E-commerce Market

Retrieved on: 
Tuesday, April 30, 2019

Allied Wallet, a globally leading provider of mainstream online payment processing , is now compatible with several new payment methods in Israel to support their quickly growing e-commerce environment and the high demand for international goods.

Key Points: 
  • Allied Wallet, a globally leading provider of mainstream online payment processing , is now compatible with several new payment methods in Israel to support their quickly growing e-commerce environment and the high demand for international goods.
  • View the full release here: https://www.businesswire.com/news/home/20190430005190/en/
    Allied Wallet supports new payment methods to grow e-commerce in Israel.
  • Allied Wallet is supporting important local payment methods to service this country and perpetuate e-commerce growth including: Isracard , Mint, Mobiamo , Webmoney, and Yandex.Money.
  • Merchants will now be able to accept these preferred payment methods and shoppers will now be able to use these payment methods with more businesses online, facilitating better support for global e-commerce.

GATE Mobile Wallet Trends Annual Report

Retrieved on: 
Wednesday, March 27, 2019

NEW YORK, March 27, 2019 /PRNewswire/ -- GATE (Global Acceptance Transaction Engine), a virtual card issuing platform solving one of the most significant challenges that alternative payments, banksand e-wallet companies face the universal acceptance of payments across physical, online and mobile channels, released its Mobile Wallet Trends Annual Report.

Key Points: 
  • NEW YORK, March 27, 2019 /PRNewswire/ -- GATE (Global Acceptance Transaction Engine), a virtual card issuing platform solving one of the most significant challenges that alternative payments, banksand e-wallet companies face the universal acceptance of payments across physical, online and mobile channels, released its Mobile Wallet Trends Annual Report.
  • The report highlights trends of both mobile wallet and mobile payment usage across global markets.
  • Worldwide, 2.07 billion consumers will use a mobile wallet to make a purchase in 2019; this is up nearly 30 percent from the 1.6 billion consumers recorded at the end of 2017.
  • A billion of these adults do have access to a mobile phone, though, and are potential customers for mobile wallets.