Yandex is going to launch its own non-cash payment service Yandex Pay, VTimes wrote with reference to company’s documents.
Users will be able to enter, save bank card data in the service and make cashless payments. According to the documents, Yandex Pay will be available on Yandex web pages.
According to the representative of the Internet holding, now users can link a bank card to their account and use this function to pay for purchases and orders in various company services. Yandex is constantly developing and improving the possibilities for online payment in its services and will elaborate on the developments later, the representative claims.
In July, Yandex and Sberbank split their joint projects: Yandex purchased the bank’s stake in Yandex.Market; another project - Yandex.Money - was passed to Sberbank.
The Central Bank of the Russian Federation