Based in Russia, Yandex Money is an e-wallet that allows you to make online casino payments conveniently. It was founded by the country’s leading search engine Yandex and Sberbank- the largest bank in Russia. For this reason, you will probably find this payment option in over 100 online casinos across the Russian gaming market. To ensure player user security, Yandex Money online casinos allow you to set your deposit limits. This way, you will always gamble only what you can afford to lose.
So, on this page, we will give you an overview of what Yandex Money is all about, and how to use it to make casino deposits.
Who can use Yandex Money?
Yandex Money is very popular in Russia. Furthermore, its website is available in two languages Russia and English. It’s popular among Russian gamblers as it offers a multi-platform depositing ability. In simple terms, Yandex Money deposits are processed via cash-acceptance points, online banking, and the e-wallet account itself.
When you sign up for a Yandex Money account, you will either get a virtual or a plastic MasterCard. This way, you can link your casino account to your Yandex account. The payment provider was among the first ones to offer ApplePay in the Russian gaming industry.
Making a Deposit into your casino account using Yandex Money
To use Yandex Money, you have to create an e-wallet account via its main website. After which you can load it with cash using bank transfer. You can also directly bill your mobile carrier, e.g., the Russian Beeline or Tele2.
After you have added money to your Yandex account, you will have to select it from the casino cashier page. You will then be required to follow some steps to complete the transaction. Once you have finalized the transaction, your funds should be immediately available for play.
Advantages of Yandex
Yandex Money is available via a mobile app. If you are an Android or IOS user, you can download the app on the Google Play Store and Apple Store, respectively. Another advantage of using Yandex Money is that you will not be required to share your bank account details with the casino operator. So, this gives you a secure way of making your online casino deposits. Also, when you use Yandex Money, you will not incur any casino deposit transaction fees.
Disadvantages of Yandex
Although Yandex Money makes it easy for you to make casino deposits, it’s only limited to Russia. Also, since you are required to fund your Yandex wallet account, you may incur bank transaction costs. Also, some online casinos don’t allow Yandex Money casino withdrawals. However, there are lots of other withdrawal options like PayPal or wire transfer.
Yandex Money has been in operation since 2002. Throughout this period, they have provided Russian gamblers with an easy way of making casino deposits. Also, it makes it easy for players to make their deposits on the go with the mobile app. So, Yandex Money is mostly convenient for players who prefer to play real money mobile casino games.