March 15th, 2011

Russian search engine Yandex expands its PayPal-competitor to CIS countries

Russian search engine Yandex has expanded its online payment system Yandex.Money – a local PayPal competitor – to other CIS countries, including Ukraine, Belarus, and Kazakhstan.

Launched in 2002, Yandex.Money enable users to transfer money between accounts and make payments via the Internet. It currently supports over 3,000 online retailers in Russia and internationally, including Skype. → Read More