Yandex Money is an e-wallet company based in Russia that started out as a search engine website back in the 90s. Due to its popularity, many casinos choose Yandex Money as one of their payment methods. The e-wallet also offers better protection for your funds at all times.
Know more about Yandex Money
Yandex Money began its operation in 2002. However, the company has been around since 1997 as a search engine website. The site was the most used search engine website in Russia. It is also the fourth large search engine site in the world. The site sees an average of more than 150 million web searches in just one day.
In 2002, Yandex Money releases its own e-wallet service in the country. Despite the name, the parent company only owns a partial amount of the e-wallet company. Sberbank is the controlling partner of the e-wallet company. Yandex Checkout is a part of the e-wallet company since this is the current system that takes in all online payment.
Yandex Money has more than 30 million e-wallets open across the globe. Most people living in Russia are familiar with the e-wallet. Its popularity is almost as high as PayPal.
Benefits to online players
Thanks to the popularity of the e-wallet, there are many casinos that are accepting it. Jackpot City Casino is one of them. This means that you will have many online shops that accept the payment option to choose from. You will also have a good variety of fiat and Bitcoin casinos to choose from since many sites also accept the e-wallet.
This is a good thing for you if you plan on playing in certain Bitcoin casinos that only accepts deposits of the cryptocurrency. There are some sites that do not allow you to transfer your bankroll to a digital wallet. Thankfully, some sites will let you take out your bankroll to Yandex Money instead.
The best part about the e-wallet is its security. The site is behind a 128-bit encryption. This means that there is a very sturdy wall between your sensitive info and other people who are looking to steal it. You can also send in your money via bank transfer. This helps you to avoid using your credit card info and other personal info just to play at any casino.
When you make any deposit from this e-wallet, you can expect your funds to be in the casino within minutes. You can start playing any Bitcoin games on the site almost instantly.