YooMoney

YooMoney is a Russian electronic payment system. Formerly known as Yandex.Money, it was launched in 2002 as a subsidiary of the internet company Yandex. In 2013, the company became a joint venture between Yandex and Sberbank, a major Russian bank. In December 2020, Sberbank acquired Yandex's stake, making YooMoney a wholly-owned subsidiary of Sberbank.

The service allows users to make online payments, transfer money between accounts, pay for goods and services, and withdraw cash. It offers several ways to fund an account, including bank transfers, credit cards, and cash deposits at designated terminals. YooMoney also provides virtual and physical cards linked to user accounts, which can be used for online and offline purchases.

YooMoney is widely used in Russia and some other former Soviet Union countries. It supports various currencies and offers services to both individuals and businesses. The platform aims to provide a secure and convenient way for users to manage their finances online. The company has faced scrutiny and sanctions from some international bodies due to its Russian origins and ownership structure.