Ways of payment
PayPal allows any business or individual with an email address to securely, conveniently and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. We deliver a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms.
The size of our network and widening acceptance of our product have helped us become one of the leading payment networks for online auction websites. PayPal is also being increasingly used on other ecommerce sites for the sale of goods such as electronics and household items, the sale of services such as web design and travel, and the sale of digital content. Offline businesses, including lawyers, contractors and doctors, have increasingly begun to receive payments online through PayPal. PayPal's service, which lets users send payments for free, can be used from computers or web-enabled mobile phones.
Yandex.Money is the largest online payment service in Russia. We make shopping at online stores accessible for all Russians. The service also allows users to conveniently pay for services, like home utilities and mobile phone. Yandex.Money is a joint venture of Russia’s most popular search portal, Yandex (YNDX), and Sberbank, the largest bank in Eastern Europe. Over 18 million e-wallets are registered on Yandex.Money, with 12,000 new ones opened every day.
Yandex.Money also offers merchants from all over the world an integrated payment solution. This is a unique opportunity for both businesses and customers. Online businesses sign up for just one package to accept all the most popular payment methods Russian consumers use: e-money, bank cards, cash, and mobile carrier billing. Never miss out on a payment because your customers don’t have the payment option they need.