Yandex Money is a Russian payment system. Overview of Yandex.Money payment system Yandex payment system

Payment system - Yandex money was created in 2002 by one of the most popular search engines in Runet - Yandex. It is based on Paycash technology, and all assets are secured by real accounts in IMPEXBank, Rosbank, Vneshtorgbank, as well as Savings and Tauride Banks.

Distinctive features of the Yandex.Money system are the use of only Russian rubles as a spending unit, as well as the operation primarily for residents Russian Federation.
Most likely, some limitations of the system explain the low popularity of Yandex.Money as a payment instrument among various sponsors or affiliate programs. Despite this, most online stores in the Russian-speaking sector of the International Network accept payments using them, and using this system is convenient and simple.

Registration in the Yandex.Money system

The Yandex.Money system offers potential customers several options for interaction.
In the first case, the visitor can use the web interface. To do this, you need to register on the official website www.yandex.ru, log in and activate your wallet. When using the web interface, all payments in the Yandex.Money system will be made using a browser, without installing additional software.

The procedure for activating the wallet in this case is simple and includes specifying personal information and creating a payment password. After successfully activating the wallet, you will be able to see the balance and your account number. As a rule, the account number starts with 41001 and is highlighted in green.

The second option for interacting with the Yandex.Money system involves using a small program (the so-called Internet wallet) installed on the client computer. System requirements: 4 MB of disk space and operating system Windows 95/98/ME/NT4/2000/XP. You can download the program on the official website of the payment system, there is also detailed instructions for installation and recommendations for using the Internet wallet.

The most important thing to remember when working with Yandex.Money system– specifying personal information (passport data, full name), enter real data, as they will be needed to identify your identity in case of password loss or to restore the wallet.
Also, if you are using Windows XP, you need to make a backup copy of your Internet wallet. This will allow you to restore access to the payment system even when you reinstall the OS.

Deposit/withdrawal of funds

There are several ways to replenish / withdraw money from an account in the YandexMoney payment system:

• Payment in cash through Sberbank of the Russian Federation;
• Bank or postal transfer;
• Yandex.Money scratch cards. More information about plastic scratch cards and places of their sale in a particular region can be found on the official website www.yandex.ru;
• With the help of ATMs of IBRD, Vneshtorgbank 24, as well as terminals of the Eleksnet company.

A bank transfer allows you to transfer money not only to your own account, but also to a third party's wallet. The documents required for this and samples of their completion can be viewed at www.yandex.ru. It is important to clearly indicate the purpose of the payment. If the specified purpose of payment does not match the wording in the description bank details, such an operation will be recognized as erroneous and cash will be returned to the sender.

The Yandex.Money system allows you to withdraw funds from your wallet to your personal account in any Russian bank. In this case, a commission is charged - about 3%. It should be noted that this value is added bank commission, mail or any other transfer agent.

Also, you can use any bank card to withdraw funds. To do this, it is enough to provide the system with your details.

If you want to withdraw money without using bank accounts, this can be done at any branch of IMPEXBank. Here you can get at least 50 rubles in cash, while the bank commission, depending on the operation, will range from 0.5% (for transferring from one wallet to another, the recipient pays) to 1% (cashing out electronic funds).

Please note that in the Yandex.Money system, the maximum transfer amount from one Internet account to another is limited to 300,000 rubles. Such an operation can be carried out no more than once in one day.

Security

As already mentioned, Yandex.Money uses the technology of transferring secure information over open networks - Paycash. At the same time, the security of calculations is ensured by a strong RSA cryptographic algorithm, a hash function and limited access to user data.
All messages are transmitted only in encrypted form, and the Processing Center of the system participates in the completion of any operation.

The web interface is accessed via the https protocol via a secure SSL connection. In this case, AES is used as the encryption method, and the key length is 256 bits.
The data transmitted by the Internet Wallet is also encrypted in the Processing Center, and on the client's computer they are protected from being written to the OS swap file. Additional protection is provided by entering a password, so it must be stored with great care.

There are many ways to steal passwords from Internet Wallets, so pay attention not only to where you enter personal information, but also to the address in the corresponding browser line. The YandexMoney payment system address must begin with https://sp-money.yandex.ru/ or https://sauth.yandex.ru/. The Internet Wallet password must be entered only in the corresponding program.

Payment passwords are not stored anywhere in this payment system, so it will not be possible to return the password if it is lost. The only way in this case is to contact the support service to restore access to your personal account.
To do this, you need to get a new payment password. In automatic mode, this can be done on any page where it is requested. To do this, just follow the link "Remember payment password" and fill out the proposed form. If you fill out the form correctly, you will be provided with a new payment password.
You have three attempts to complete this operation. If you cannot enter the required information correctly, you will permanently lose the ability to automatically receive a password. In this case, you will be able to restore access to your account only after an individual review of the application by the technical support service.

If the Internet Wallet itself is lost, lost or damaged, it can be restored using backup. If it is missing, and personal information was entered incorrectly, no one will return control of the electronic account to you.

Electronic payment systems are the main tool for conducting transactions on the network. They are used for online purchases, account replenishment, and other purposes. In Runet, one of the popular electronic payment systems is Yandex.Money. ProfitGid offers to take a closer look at the domestic service before using it.

Yandex.Money is a Russian electronic payment system, which offers to carry out transactions in rubles. The service was created on July 24, 2002. Initially, the project was launched together with the partner PayCash. It is important to note that Yandex.Money is the first electronic payment service that received a specialized banking certificate for the Internet payment system.

Initially, PayCash was engaged in the technical component. Yandex's responsibilities included promoting the product and working with the audience. In 2005, Yandex completely bought out the partner's share. According to experts, the amount of the transaction amounted to 1-2 million dollars.

The peculiarity of the system lies in close cooperation with banks. In 2005, partnership agreements were concluded with a number of banking institutions:

• Sberbank;
• Alfa Bank;
• VTB24 and others.

In 2011, Yandex.Money began to provide the ability to link a bank card to electronic account. The peculiarity lies in the fact that the user can pay bills from a Yandex account, and the money will be withdrawn from the card without commission. As a result, Runet users were able to experience two main advantages:

• no need to replenish the account for purchases on the Internet;
• no need to specify card details for payment.

So simple yet at the same time effective solutions allowed the Russian payment system to become a mass tool for paying online.

The number of active users is over 22 million users.

In May 2016, TNS Russia conducted research on Russian payment systems. According to the results, Russians use the following EPS at least once a year:

1. Sberbank Online - 72%;
2. Yandex.Money - 35%;
3. – 30%;
4. – 30%;
5. QIWI - 28%;
6. Alpha click - 14% and others.

Getting started with Yandex.Money

To make payments using the Yandex.Money service, you need to have an account. For quick registration, you can use the data social networks– Vkontakte, Odnoklassniki, Mail.ru, Twitter and so on. Binding is required mobile number, which will later be used to confirm transactions.

If the user does not want to provide his data from third-party social networks, then he can register a new account. To do this, just enter the following data:

• Surname;
• Login;
• Password;
• Mobile phone.

Wallet types

The system provides several wallet options at once. Depending on the status, Yandex.Money applies various restrictions on the account. In the table you can see the main parameters of wallets.

Yandex.Money cards

The Russian electronic payment service offers users to issue several poison cards at once.

User identification

One of the most problematic places of poison is identification. After registration, each user is assigned an anonymous wallet. In fact, it can only be used for online purchases, since the owner of such an account will not be able to accept payments from other participants in the system. This is especially important to note for those who are going to.

Getting a personalized wallet will not be a problem only for those who are citizens of the Russian Federation. To do this, just send a color scan of your passport. Users from Ukraine, Belarus, Kazakhstan and other CIS countries have problems with identification. They have several options to verify their identity:

• visit the office of Yandex.Money or partners;
• send an application by mail along with a copy of documents certified by a notary.

For passing identification by these methods, the user will receive the last type of wallet. However, the process will take up to one month and the price will be 10 $ .

Deposits and withdrawals

Electronic payment system Yandex.Money offers a large number of ways to deposit money into the account:

• bank transfer;
• VISA and MasterCard cards;
• prepayment cards;
• self-service terminals and so on.

Identified users can link to the WebMoney e-wallet for deposits and withdrawals.

You can withdraw money in several ways:

• bank transfer, commission - 3% ;
• using a Yandex.Money card - 3% + 15 ₽ (minimum 100 ₽).

Advantages and disadvantages of poison

If we compare the Russian electronic payment service with other systems, then we can highlight the following advantages:

• instant registration;
• convenient and clear interface;
• instant payments;
• the possibility of issuing a card;
• high data security;
• support for a large number of online stores;
• focus on Runet users.

Despite the large number of advantages, this EPS has serious drawbacks, which is why Yandex.Money is not suitable for everyone:

• no multi-currency account;
• high commission for currency conversion - 2% ;
• high commission for withdrawal of funds;
• commission for internal transfers – 0,5% ;
• poor support for users living outside the Russian Federation.

Yandex.Money rating and reviews

In general, Yandex offers users a fast and convenient service for online purchases, payment for communication services, fines, online games, and the like. However, this is far from a perfect system for those who are going to make money on the Internet, and so on.

Do you have experience using the Yandex.Money electronic payment system? Please leave your review to help other readers choose the right service for making electronic payments.

The Yandex.Money payment system is the largest and oldest electronic payment service in Russia. Founded in 2002, 5 years before the development of a similar service called QIWI.

Available Operations

Yandex.Money (YAD) is a payment gateway through which users make online transactions. You can work in the system without registration, but the number of available tools will be reduced.

The basis of the entire system is an electronic wallet. Its users receive only after registration. A wallet is an account that holds the owner's money. From the account such operations:

• money transfers - income and expenditure;
• payment of fines and credit obligations;
• payment of taxes;
• making purchases - in most online stores;
• settlements with contractors - individuals, individual entrepreneurs, organizations;
• payment for services - Internet, telephony, television, utility bills, games, and much more.

The Yandex.Money electronic system allows its members to make instant transactions with each other, the default currency of which is Russian ruble.

Transfers between two wallets are instant, even if their owners are in different countries. The received money can be withdrawn to the card or in any other acceptable way. It is convenient to transfer funds to the Poison Wallet for a one-time payment.

Registration in Yandex.Money

To register in the Yandex Money system:

1. On the main page, click on the "Create Wallet" button.
2. Enter the data in the registration fields (login, password, e-mail and phone number).
3. Enter a valid phone number, one-time codes will be sent to it to confirm transactions.
4. After you will receive an email, follow the link in it to confirm the registration of the wallet.

If you have previously registered on Yandex services, you can enter the old data without creating new ones.

Bank cards Yandex.Money

The service allows working with bank cards for all levels of identification. Without a wallet in the system, without going through any registration, any bank card holder can make transactions through the Poison.

YaD is also an issuer of several types debit cards: with classic physical media and virtual. Cards are strictly debit, the system does not have the right to work in the direction of lending to the population.

For convenience, such a card can be linked to an electronic wallet so that they have one balance. After the receipt of funds to the wallet, it will not be necessary to withdraw them to the card and vice versa, when replenishing the card, the electronic wallet will be automatically replenished.

Additional features on Yandex.Money

It is allowed to request an electronic receipt. Payment for goods and making other transactions are not all the features of the service. Yandex.Money system such tools:

• setting up auto payments - if there are funds in the account, the system will independently (without the participation of the wallet owner) make all the necessary payments and transfers;
• service for collecting money - the service “I will collect”;
• charity - you can donate affordable amounts, as well as organize your own fundraising;
• making incoming and outgoing transactions with the participation of such systems as Webmoney, PayPal, QIWI, and others;
• registration of fast microloans;
• YAMMI tools - for efficient investment.

Partner stores provide targeted discounts and promotions. Cashback is credited to the wallet account from which the operation is performed. Refunds are provided for all types of wallets, with the exception of anonymous - not passed the passport check.

Commission in the Yandex.Money system

Any electronic system payments function thanks to the commission that is charged from users for transactions. Poison also pays a commission, which depends on the type of transaction and the status of the user's identification. Transaction fees:

• replenishment from the card - 1%.
• at ATMs of partner banks - no commission.
• repayment of credit obligations - 3% + 15 rubles.
• payment of taxes / fines - 2% + 30 rubles.
• transfer to the poison wallet - 0.5%.
• transfer to wallets of third-party payment systems - 3%.
• payment mobile communications- no commission.

Works on the service technical support, which resolves as quickly as possible any disagreements and questions that arise in the process of using the wallet. User funds are protected by a fairly reliable security system: if desired, you can connect an SMS confirmation to be sure that no operation will be performed without its prior approval.

So, Yandex.Money is a popular electronic payment service created by Russian company Yandex. Like most other payment systems, YaD provides its users with a fairly wide range of financial opportunities, a weighted tariff scale and a list of necessary security and anonymity measures.

You can make payments in YAD as follows:

1. Anonymous user (after a simple registration that takes 1 minute).
2. Partially identified user (after providing Yandex with electronic copies of their documents).
3. Fully identified user (after passing full identification through a Yandex representative or dealer):

Based on the receipt of one of the statuses listed above, users receive less or wider range of opportunities for using this EPS, regarding the limits of the balance on the wallet and the amount of lump-sum payments, restrictions on the maximum amount of input / output, account balance. However, even identified users receive a balance limit - no more than 500,000 rubles. and maximum amount one-time payment - no more than 250,000 rubles. This is explained by the requirements of the legislation of the Russian Federation, where Yandex.

"For global investment operations the indicated amounts are small and Yandex.Money is most likely not suitable for serious investors.

2 Registration in the YandexMoney system

A Yandex wallet is associated with a Yandex system user profile, which is created by registering one's own in this search engine. Email. It is her address that will be your login to enter the POISON. Also, as part of creating a wallet, Yandex will ask you to come up with a password to enter the system and indicate your mobile phone number.

“There is an option to register a Yandex wallet by linking it to your account in mail.ru, Vkontakte, Google+ Twitter or Odnoklassniki. However, it is better to refuse this immediately, since in the future, this will complicate the process of verifying an account in the poison and using the wallet itself.

After creating a Yandex wallet, you are automatically assigned the status of an anonymous user, which allows you to immediately start using Yandex.Money for your own purposes.

3 Features of Yandex.Money

EPS Yandex.Money can be used to solve the following tasks:

• Sending and receiving electronic payments within the Yandex.Money system (direct sending of payments and payments with a protection code)
• Using the Yad service as a payment instrument for your own online store
• Making periodic payments (communication services, payment of municipal fines, etc.)
• Linking the Poison wallet to the MasterCard system (through a fairly wide list of Russian partner banks)
• Using the capabilities of the poison through a mobile application
• Release of personalized MasterCard cards premium class, which is automatically linked to the POISON (card-issuing bank - Russian bank"Tinkoff")

• Linking POISON to your own wallets opened in other EPS (WebMoney, QIWI) - only for residents of the Russian Federation.
• Payment for goods and services on the Internet (in this regard, YD has surpassed most of its competitors, providing users with a huge selection of opportunities with fairly attractive discounts):

4 Security in the Yandex.Money system

It should be noted that in addition to the fact that the YaD system is protected by modern SSL protocols that prevent third parties from accessing user accounts, the system uses such security measures as:

1. Verifying the user's identity by verifying all financial transactions and operations to change wallet settings through one-time passwords sent to the user's phone.
2. Two-factor authentication is a mechanism by which you can maximize the degree of protection of your funds in the Poison wallet. It involves confirmation of all operations using the Yandex key (a special Yandex security program).

5 Tariffs of the Yandex.Money system

The poison tariff system cannot be called the most loyal. However, it is still quite competitive:

• Transfer of funds within the Yandex.Money system (between users) - 0.5% of the transfer amount
• Poison wallet replenishment - direct bank transfers, as well as through payment VISA systems and MasterCard - from 0.5% to 2% of the replenishment amount
• Poison wallet replenishment - through Internet exchangers from 1% to 3% of the replenishment amount
• Withdrawal of funds from poison - 3% to bank Visa cards and MasterCard
• Withdrawal of funds from Poison through attached cards 3%
• Withdrawal of funds from the Poison to the YandexMoney card (MasterCard from bank Tinkoff) – 3%

6 All the pros and cons of Yandex.Money

• As advantages, we highlight the following:

1. A convenient payment system, on which it is possible to link the Poison wallet to bank cards and release special card YandexMoney premium system MasterCard.
2. Good popularity and presence of poison in most online stores and financial (brokerage) companies.
3. Sufficient level of security.

• The cons are as follows:

1. Payment currency - exclusively Russian ruble.
2. The limit on the balance is 500,000 rubles, the limit on a one-time transfer is 250,000 thousand rubles.
3. The commission for withdrawing funds from the wallet is not lower, but more often higher than the market average.

7 Conclusions

The YandexMoney service was created with the expectation of a wide audience of Internet users who, using this electronic payment system, will be able to solve most everyday tasks in terms of making purchases on the Internet, replenishing an account on mobile phone etc. As for the use of the YandexMoney system in the investment process, it should be noted that the currency of payment in YaD is exclusively the Russian ruble, and most investment products work in foreign currency(which means that when using poison, you will pay not only a commission for a financial transfer, but also for converting rubles into dollars or euros and vice versa).

Also, we recall the second feature of this system - the maximum limit for storing funds in the poison is the amount of 500,000 rubles, which makes YandexMoney unacceptable for serious investment operations.