Yandex Money is an e-wallet and payment method based in Russia that allows for easy payments and money transfers online. Users get access to electronic payments plus virtual and physical debit cards (which can be used at ATMs and for shopping). Learn all about Yandex Money and using it to fund your online casino account in this tutorial. Below is a top list of the best Yandex casinos and their latest bonus offers.
Yandex Money is a Russian electronic payment method jointly offered by Yandex, the leading search engine in Russia, and Sberbank, the country’s largest bank (license of the Bank of Russia No. 3510-K). Popular in Russia and Eastern Europe, Yandex mainly offers two products; the Yandex E-Wallet and the Yandex Checkout, both of which are listed as payment methods at dozens of online casinos. There is a handy app for both iOS and Android, and you can also get virtual and physical payment cards that should be accepted everywhere you can use debit cars.
Whether you’re opening an e-wallet account or you’re merely heading straight to checkout, the fact remains that lots of Russian casino players use this reliable payment system. In fact, at least 90% of players in Russia use Yandex.Money.
The payment service offers an easy and quick way for online players to fund their Yandex casino accounts in seconds, without disclosing their credit card or bank account details. Most online casinos that admit Russian players offer this payment method.
There may be many driving forces behind choosing an online casino, but bonuses often come first. Yandex casinos are known to treat their players with generous bonus perks. Although there may be no exclusive bonuses for players, who use Yandex Money at the moment, the good thing about this payment system is that it allows players to claim any bonuses offered by a Yandex casino. This is where it fares excellently against some other payment services that are not elligible for bonuses.
The amount and type of bonus offered varies among Yandex casinos. That’s why you will want to do some homework when looking to land the best bonus deals. Additionally, you will want to go through the terms and conditions attached to those bonuses before attempting to grab any of them.
Indeed, you will find many payment methods at an online casino, but why would someone want to use Yandex Money? It is because of many reasons:
- Get access to an e-wallet and both virtual and physical payment cards
- Multi funding options: Offers an array of funding options for convenience purposes.
- Security: The overall privacy of users is highly regarded and the user remains anonymous; players even use a separate account to complete payments.
- Speed: The method is fast; deposits arrive immediately.
- Ease of use: Using Yandex is simple and straightforward.
- Dedicated support service: Toll-free phone calls and 24/7 live chat are available.
As good as it is, Yandex does have drawbacks. Its usage is limited to Russian speaking players. The fees charged for using this method could also be a significant stumbling block.
- Country restrictions: The method is mainly tailored to the needs of the Russian players.
- Charges: There are fee charges on transactions.
When depositing to a Yandex casino, transaction charges depend on the funding method you’re using to load your Yandex account. Generally, the fees vary from 0.5% to 3%. However, Yandex card payments are free of charge.
Currencies are indeed one department of Yandex that is a work in progress. Since Yandex Money is mainly designed for Russian players, the Russian ruble is the only currency accepted by this payment system, besides the US dollar, at the moment, and it remains to be seen whether the list will grow in the future. However, with the increasing popularity of Yandex.Money, you can rightly guess that more currencies will come sooner than later.
Creating an Account
You can create your Yandex Money account in two ways. You can use your social network account details to log in or create an email account. Those who prefer an email account will need to fill a simple online registration form. After submitting a completed form, a Yandex account will be created, and you will be redirected to the site’s main screen.
You will have any of the three statuses after registration; ‘reviewed’ (Russians only), ‘identified’, or ‘anonymous.’ Your account will be ‘anonymous’ immediately after sign-up, and you will only be allowed to fund your account and use the balance online; you can’t send or receive payments with this kind of status.
The ‘identified’ status will be assigned to you once you have passed the identification process, and it allows you to send and receive payments. Plus, this status comes with increased money transfer limits.
- Use your social network details to create an account or,
- Use an email to join Yandex Money
As a Yandex casino player, you can fund your wallet in multiple ways, including using your credit/debit card, bank account, WebMoney, cash payment at a physical sale point and QIWI, among other methods. Make sure you have enough money in the source account before funding your Yandex account
Once you have funded your Yandex Money account, depositing money into your casino account is simple and straightforward. To deposit:
- Log into your casino account
- Locate the cashier section
- Select Yandex Money as your payment method
- Enter the amount you wish to deposit into your casino wallet
- Confirm and complete the transfer
If Yandex Money is not listed as a payment method, then you can use the virtual or physical debit card linked to your Yandex account.
You can withdraw winnings from your casino account to your Yandex Money account, from where you can further complete the withdrawal through several cashout systems, including bank transfer.
- Log into your casino
- Navigate to the cashier section
- Choose withdrawal and select Yandex Money
- Enter the amount and send the information
The entire process of depositing money into a Yandex casino account is secure. However, some added level of protection can be quite reassuring, and that’s why Yandex Money encrypts the data that players send to casinos. The casinos have no access to players’ bank details, which helps to keep the information out of harms way.
Yandex Money boasts a very responsive customer support team that works 24/7 and can be reached in a variety of ways. The service is currently available in both English and Russian. There is also a comprehensively crafted FAQ section, where most questions regarding this payment method are already addressed.
- Telephone: Use +7(495) 974 3586. It is a toll-free service
- Live chat: Use the live chat function on their website
- Email: Send the team an email at firstname.lastname@example.org
- Social media: Connect with the team on Twitter, Facebook, or Instagram
Yandex Money does not offer any VIP program for online casino players at the moment, but being a customer of the service has other perks such as cashback. However, with the level of convenience, reliability, and security that this method provides, players have lots of reasons to use it regardless.
Availability is such an essential aspect of any payment system, and while Yandex is not accepted by all online casinos, you will find this method at most online casinos where Russian punters can play. Of course, the method is not just allowed in Russia; it works in other countries, especially in the Eastern Europe region.
As an online casino player looking to use Yandex Money, you will want to first look for a casino where this method is supported (see the list of casinos at the top of this page). There is even a Yandex.Money app that you can download and install on your device for easy access to the service.