How The YandexMoney System Works

Table of contents:

How The YandexMoney System Works
How The YandexMoney System Works

Video: How The YandexMoney System Works

Video: How The YandexMoney System Works
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Yandex. Money is one of the most popular payment systems in Russia, through which a large number of transactions are carried out every day. The service allows not only keeping money in electronic currency, but also paying for all kinds of services and goods.

How the YandexMoney system works
How the YandexMoney system works


Step 1

A wallet in the system is automatically created when registering an account in any of the Yandex services. In this case, access to Yandex. Money can be obtained by using the list of available categories in the upper right corner of the browser window. To go to the e-wallet, click on your login and select the "Money" section to go to the wallet control panel.

Step 2

If you do not have a Yandex account, go to the Yandex. Money home page and click on the Open Wallet button. After that, you will be asked to enter a future username, password, as well as some personal information (name, surname, date of birth, place of residence, etc.). You can also register using an account on popular social networks.

Step 3

Depositing funds to a personal account is carried out using a bank card, payment terminals or through electronic payment systems. All instructions for depositing funds are presented on the service pages. To replenish the account, the user needs to provide a personal identifier, as well as a phone number associated with the account.

Step 4

To replenish an account using a bank card, you will need to link it using the appropriate option on the service page. To attach a card to an account, you will need to indicate the CVV-code, card number, its expiration date, as well as the name and surname of the carrier of the means of payment.

Step 5

Money is credited within 24 hours, however, most payments are usually processed in less than 1 hour. In the course of processing, the Yandex. Money processing center checks the accuracy of the information specified during the enrollment and sends an electronic receipt, which becomes available on the screen.

Step 6

With the help of Yandex. Money, you can pay for housing and communal services, as well as make purchases in most online stores. Through Yandex. Money, you can make transfers to charitable organizations, as well as pay for gasoline when refueling at a gas station. However, the rules of the service prohibit its use for commercial activities. The user's electronic wallet may be blocked if the ongoing monetary transactions seem suspicious to the Yandex. Money security service.

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