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Yandex online payment service begins operations in USD

Yandex.Dengi is Russia’s major online payment service

Photo ITAR-TASS/Ruslan Shamukov

Photo ITAR-TASS/Ruslan Shamukov

MOSCOW, September 16 (Itar-Tass) - Russia’s Yandex.Dengi /.Money/ on-line service offers operations to transfer money from an electronic purse directly to private and corporate bank accounts in the US. The company’s press service said on Monday that users would be able to book rooms at American hotels, pay for car rent and various training programme and services.

“Our clients will be able to use either their account with Yandex.Dengi or a bank card attached to it. Anyway, the commission will be three percent plus 15 roubles,” the company said. Besides the US, the on-line service would be available for money transfers to 22 other countries, including China, the UK, France, Germany, Spain, etc. The list comprises of over 200 countries.

“Yandex.Dengi has been developing actively their international activities, as Russian users become more active in spending money abroad. They are paying for clothes, services, on-line games, or transfer money to their families,” the company’s press service said.

Russia’s Central Bank reports in 2012 Russians transferred abroad $28.5 billion, mostly to Switzerland, China, US, UK and Germany.

Yandex.Dengi is Russia’s major online payment service; by mid-2013 the system had over 14 million registered accounts. Over 20,000 Internet-based shops accept payments through Yandex.Dengi.

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