Yandex Money
While Google is the world’s most popular search engine, there are many regional search engines that people commonly use. Yandex is the most popular search engine in Russia and has a division, Yandex Money, which offers a range of financial payments services and is used throughout Russia, with nearly a fifth of the population using it at least once every six months, as well as in Kazakhstan, Ukraine and Belarus. With more than 18 million accounts registered, it’s the most widely used online banking method in the whole of Eastern Europe.
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Using Yandex Money as a casino payment method
Yandex Money is an e-wallet that works in a similar way to PayPal. You can load up your Yandex Money e-wallet using a variety of methods, including prepaid cards, other e-wallets and credit and debit cards. When using this payment method at online casinos, you simply have to select Yandex Money as the payment option, then you’ll be redirected to the Yandex Money log in page, where you’ll have to enter your details and confirm you want to make the deposit.
While all casinos that accept Yandex Money allow you to make deposits using this payment method, some casinos don’t allow you to make withdrawals using it. If this is the case, withdrawals will be processed by a paper cheque or bank wire.
One of the main disadvantages to using Yandex Money is that there are charges both for loading your account with money and for making withdrawals. The fee for loading your account is between 0.5% and 3%, while the fee for making withdrawals is 3% plus a set charge of 15 Rubles. William Hill and 888 Casino are two of the largest online casinos that accept Yandex Money. The number of online casinos that accept this payment method is small, but it is growing.