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January 16, 2019
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One of the biggest online payment channels in Russia is Yandex Money. It comes from the merging of the ever-popular Russian search portal or the “Russian Google” Yandex (YNDX) and Sberbank—the biggest bank in Eastern Europe. Yandex Money has over 18 million active users in Russia. This e-wallet aims to be a convenient, highly-accessible, and safe payment mode to online bettors as well as to merchants. Following all the rave for this payment gateway, most online casinos include it on their list of safe and reliable casino payment choices.
Yandex Money mainly caters to the Russian and Russian-speaking markets. But it opens its doors to players around the world as well. As a result, you can easily use this channel for your casino deposits and cash outs. What is even better is you do not have to worry about lengthy sign ups; you can use this channel instantly. To help you get start, simply follow these steps:
To use this e-wallet, you need first to sign up with online casinos that accept this payment method. Then, go to the payment section and select Yandex Money. If you are a first-time user, you need to activate your e-wallet by filling in the registration box. This process requires just a few minutes of your time. Simply key in your username, password, email address, and phone number.
After activating your Yandex Money wallet, your next move is to top up your account with funds. To do so, you can choose to send money using credit or debit cards. Transfers, ATMs, and other banking options are also available. Typically, you will need to settle a 0.5% to 3% fee, depending on your fund source. Your deposit will then reflect to your account.
After clearing these steps, link your e-wallet your player account to make a deposit. Keep in mind that the minimum deposit may vary from each online casino. In addition, not all betting sites support using Yandex Money for cash outs. Those being said, pick an online casino that allows both transactions so you will not have to use another payment gateway for your cash outs.
Like in Bitcoin transactions, deposits and cash outs using this e-wallet does not require your personal details. You have the freedom to choose whether to make your account status as anonymous. You can pay and cash out just by providing your username, password, and mobile number. As a result, you do not have to worry about your personal details being used for malicious purposes. Simply make a deposit and play your way to big winnings.
Considering Yandex Money’s convenient features, it is easy to see why this e-wallet holds the biggest following in Russia. It delivers what most online players like you are looking for your banking needs, which is a fast payment process, anonymous transactions, and a safe payment channel.