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YooMoney
Russia
24 Jul 2002 (23 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know YooMoney
Company Information
Get to know YooMoney
Yandex Money is an electronic payments service that offers safe, reliable, and easy methods of paying online for users. The service allows merchants to accept all the online payment methods most popular among Russians such as mobile billing through the top Russian providers, credit cards, cash via over 250,000 cash-acceptance points all over the country, instant bank invoicing, and e-wallets. Yandex Money also provides payment solutions for business money transfers, payment for goods and services on the Internet, premium Mastercard to the wallet, and Card Products for Brands (Messenger Club, PassCity, Trimuti). It also allows users to conveniently pay for services, like home utilities and mobile phone. Their mission is to enhance commercial efficiency on the internet by maintaining a versatile payment environment that brings customers and merchants together. Yandex.Money's partners include banks, internet, and telecom service providers, online stores, game publishers, postal and municipal services, payment integrators, and more. Yandex Money was founded on July 24, 2002, and is headquartered in Moscow, Russia.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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