Yandex.Dengi (‘Yandex.Money’), the e-currency of Russia’s search giant Yandex, announced last week that its users can now transfer sums from their electronic wallet to any bank account in 42 European countries. Users will pay a 3% commission fee in addition to a flat fee of 15 rubles, or approximately $0.50, news agency RIA Novosti reported.
Other steps toward integrating Yandex.Dengi with international payment systems were announced earlier this year. In February, the e-currency enabled fund transfers to any bank account using a Visa or MasterCard card.
Since April, Yandex.Dengi users have been offered the possibility of obtaining a MasterCard debit card tied to their Yandex.Dengi account and making payments using funds from their e-wallet. The co-branded card can be used worldwide online and offline, wherever MasterCard is accepted.
In a separate move, Wallet One, another Russian e-currency which also operates in Ukrain, Kazakhstan and South Africa, announced that its users can now transfer amounts of up to $1,000 to CashU, an international payment system that enjoys popularity in Arabic countries.
Users will be charged a 2.9% commission fee, but users will benefit from easier access to a range of online services and merchants in Arabic countries and beyond. CashU is accepted on Amazon.com, iTunes, XBOX Live, and other resources.
