USM Holdings, a company controlled by Russian billionaire Alisher Usmanov, is about to invest 500 million rubles (approximately $8 million at the current exchange rate) in tax data operator OFD.RU. The news was reported earlier this month by business daily Kommersant, based on exchanges with representatives of both companies. The funding will be spent on …
Alisher Usmanov invests $8 million in tax data operator OFD.RU Read More
Payment and e-commerce professionals from Eastern Europe are cordially invited to the international Merchant Payments Ecosystem (MPE 2017) conference and expo, which will take place in Berlin, February 14-16, 2017. MPE 2017, is the Top European merchant payments, CX, POS and card acquiring event featuring 300+ CXOs and MDs, 150+ speakers, 1000+ of participants from …
Founded in 2003, ChronoPay was one of the first to enter the online payment market in Russia. In this exclusive interview, the company’s general director Jeroen Smit shared his view on the Russian e-commerce market and its appeal to international e-commerce companies. He also commented on the consequences of the legal matters which involved Chronopay’s founder Pavel …
Russian Apple aficionados using the Yandex.Money app can now send money to each other easily and directly through iMessage. This functionality was introduced last week for the first time in Russia. Yandex.Money got some inspiration from such pioneering western operators as N26 and Circle, the company’s press service told East-West Digital News. To send money …
Yandex.Money introduces money transfers via iMessage Read More
Yesterday Sberbank, Russia’s national savings bank, and MasterCard announced that they have made available Apple Pay to their clients in Russia. A number of other Russian players are expected to follow. With this expansion, Apple Pay is now available in 10 countries since launching in 2014, including the US, UK, China, Australia, and Canada, notes The Verge. “Many of Sberbank clients actively use …
BlaBlaCar, the Paris-based global ridesharing giant, will now take a fee from passengers for every booking in Russia and neighboring countries. Since the company launched in the area in 2014, passengers had enjoyed free access to book their trips. They only had to pay cash to the driver to share riding costs. Blablacar says that its approach is to …
On Nov. 10, Moscow will host the Blockchain & Bitcoin Conference Russia, a leading industry conference to highlight the current situation and future prospects for Blockchain and bitcoin in Russia. Among the expected speakers are developers of financial and technical services, financial experts and entrepreneurs, lawyers and investors. The agenda will cover the implementation of …
Blockchain and bitcoin enthusiasts to discuss industry trends in Moscow (Nov. 10) Read More
Players from Russia and other Eastern-European countries are cordially invited to Trustech, a leading international event dedicated to trust-based technologies. This 3-day conference be held on November 29 – December 1 in Cannes, France. Some 18,000 attendees from more than 130 countries are expected, including more than 1,800 CEOs, 400 exhibitors and sponsors, and some 250 …
Russian players invited to discuss trust-based technologies in Cannes (Nov. 29 – Dec. 1) Read More
Yandex.Money, a leading Russian e-wallet with about 25 million user accounts, has made its app available on the Apple Watch. The app appears on the screen of the watch as soon as users update correspondingly the Yandex.Money app on their smartphones. Thus Yandex.Money users can top up their mobile phones or transfer money to friends right from …
Yandex.Money introduces payments in live chats and on users’ wrist Read More
Even though the Russian online payment industry has seen the emergence of a variety payment instruments – with online payment services becoming more and more popular, – the market cannot be characterized as fully mature yet as this term may be understood in countries where electronic forms of payment already prevail. In this article, Elena …
The Paypers, a major news and research agency covering the international payments industry, has just released the 2016 edition of its Ecommerce Payment Methods Report. An educational overview of the global payments industry, this report’s focuses on providing a framework for an easy understanding of the mechanism behind card-based and alternative payments within the wider standpoint of …
New report highlights latest trends in global payment and e-commerce industries Read More
More than six months after its launch, Russia’s national bank card MIR is already supported by more than a hundred Russian banks, 13 of which actually issue the card, according to the Russian central bank’s subsidiary NSPC (or NSPK), which operates the MIR card. Card acceptance is not ubiquitous yet in Russia, however, if judging by the …
