The B2B payments system is enabling businesses to transfer money between legal entities. The online transfers are implemented within minutes, rather than the usual 1-3 days. The option is available for customers of Sberbank using the Yandex.Checkout service.
A company can start using the service by embedding the button for accepting payments via the Sberbank Business Online system at its website. The service is available to companies with a settlement account at Sberbank, which includes about 2 million businesses.
Yandex.Money is a joint venture of the search engine Yandex and Sberbank. Yandex.Money offers Russian users an easy, safe, and reliable methods of paying online with Yandex Wallet. The Yandex Wallet includes a digital distribution platform, with Apple, Steam, Nintendo, PlayStation Network, Microsoft, and Blizzard along with local retailers.
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