Yandex Money

Guide to YandexMoney Payments in Online Casinos

When it comes to gamblers from Russia and neighboring countries, residents prefer hybrid online casinos. We are talking about international platforms that have lots of content from European software providers, but also accept local payment methods. For Russia in particular, YandexMoney (also known as YooMoney) is the most preferred payment solution.

YandexMoney dominates the sphere of online payments in Russia. It is an e-wallet that operates in RUB but also supports other currencies (except for crypto). It can be loaded via MasterCard, JCB, MIR, and Maestro cards, as well as via Qiwi wallets with a 3% commission, and from within the Yandex network simply by using a phone number or an e-mail.

YooMoney is trusted by thousands of users and processes millions of transactions yearly. For an online gambling industry, the good news for Russian gamblers is that YooMoney is broadly available across the cashiers of numerous casinos. This is a huge success for a local payment method recognized worldwide.

In this review, we will be diving into the specifics of opening an account, topping it with cash, unloading it, and using the virtual card issued with every YandexMoney account. Plus, we will also be taking a closer look at the list of available online operators that accept YandexMoney. Plus, if you are into promotions at all, we will help you check the list of websites that have decent welcome and ongoing bonus propositions.

28
Number of countries
1
Number of currencies
132
Number of casinos

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Best Yandex Money Casinos

Like we already mentioned, because YandexMoney is a Russia-based and targeted payment method first, we will recommend looking for it in our list of Russia-friendly online operators. You will come to find that most of these are established, reputable, and experienced international platforms.

Among others, Tsars Casino added the reviewed payment method to its virtual cashier. This website exists online since 2020 and complies with the rules and regulations of the jurisdiction of Curacao. It has English among its language adaptations along with Norwegian, Danish, Finnish, and Spanish. What’s great about Tsars is its diverse and huge online lobby. It has more than 1,000 games from some of the best content creators. To mention a few, you will find Amatic, Asia Live Tech, Endorphina, BetSoft, Net Entertainment, and Red Tiger.

Another location we recommend checking out is BitStarz Casino. Of course, the main focus of this place to bet and win is on crypto but it also has fiat currencies and payment methods in its cashier. BitStarz exists online since 2011, has a permit from the jurisdiction of Curacao, and is known for its great reputation. You can count on finding suppliers like Ezugi, Euro Games Technology, iSoftbet, and Platipus Gaming among its providers. Content-wise, the website has slots, table games, and live dealer content.

Finally, before you dive into filtering the rest of the online operators on this page, we can recommend iNetBet Casino. This is a multi-betting lobby with slots, live games, and Sportsbook. The website is known for its fast cashouts, helpful support, and lots of welcome and ongoing promotions.

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Yandex Money Facts and Figures

YandexMoney was launched back in 2002 as a subsidiary of Yandex. This is a Russia-based corporation that dominates the Russian-Internet sphere with a search engine that is in direct competition with Google. plus, Yandex powers the local blogosphere, taxi services, as well as banking among other spheres.

By the end of 2002 — the year of the official launch of YandexMoney — the company reported 16+ million accounts, with up to 10,000 accounts being added regularly from that point on. YandexMoney is a payment solution available in 50,000 stores online and offline. YandexMoney was initially an e-wallet but as the online sphere evolved, its managing team decided to turn an e-wallet into a universal payment method. 

Today, YandexMoney is going through an upgrade and rebranding. The team already introduced YooMoney — a payments, transfers, and cashback solution that automatically comes with a virtual card. All you need to do to become a user is provide an e-mail and a phone number, without any passport details. Alternatively, if you are a resident of Russia, you can log in rapidly using your SberID. 

The YooMoney virtual card is issued free of charge and it can be added to ApplePay or Google Pay. It is available for all types of online payments, and it can be also used to withdraw money from ATMs.

When depositing in an online casino, you can use both your YooMoney wallet and/or a card. The difference between these two being — for a card, you will need to provide its 16-digit PIN. Then, verify the transaction with a 3D-secure one-time password.

The website of YandexMoney is available in English and Russian, making it first and foremost a Russia-friendly payment solution and also a service broadly used in the neighboring countries. When registering an e-wallet, however, we’ve spotted that the system also accepts phone number codes for 100+ countries around the world. 

Name

Yandex Money

Type

EWallet

Year Founded

2002

In casinos for depositing

131

In casinos for withdrawal

57

Website

https://money.yandex.ru/

Currencies

RUB

Minimum Bank Wire deposit fee

0.00%

Maximum Bank Wire deposit fee

0.00%

Minimum Credit card deposit fee

2.00%

Maximum Credit card deposit fee

2.00%

Currency conversion fee

0.00%

Other fees

https://money.yandex.ru/doc.xml?id=523738

Limites: transaction min

500.00

Limites: transaction max

100000.00

Other Limits

https://money.yandex.ru/doc.xml?id=523014

Processiong time

0

Best Yandex Money Bonuses

In terms of claiming promotions, it might be a little tricky. Because YandexMoney is an e-wallet, some online operators might have restrictions. This is due to the fact that casinos are concerned about the safety of their funds and suppose that e-wallets are not as secure in terms of identity fraud.

However, exceptions can happen. We’ve seen quite a few online operators that held special promotions specifically for certain e-wallets. This may be the case with YandexMoney, too. So, once you’ve picked a website from the extensive list on this page, our best advice would be to contact the help desk representatives of the platform and to ask whether deposits via YandexMoney will qualify for promotions.

At Tsars Casino, the welcome bonus is a package for four initial deposits. It combines cash (between 100% to 25%) and bonus spins. The rollover requirements are 25xBD, and slot machines will be the type of content to contribute 100% to the playthrough terms.

At BitStarz, the team also greets players with a sign-up package on up to four initial deposits. This is also a valuable mix of cash and spins released under the playthough requirements of 40xB. Once you’ve used this proposition, there are also lots of ongoing deals.

At iNetBet, the starter’s pack may vary between no deposit promotions and welcome packages, plus there will be deals for the sports fans. The wagering requirements are 20xBD.

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Alternative payment methods for United States: Ohio

FREQUENTLY ASKED QUESTIONS

YooMoney is the upgraded and rebranded version of what’s been known as YandexMoney for more than ten years. 

In theory — no, with its adaptations to Russian and English, it fits players from many neighboring countries (except Ukraine, where Yandex services are banned). It is also suitable for European communities but here, the question is in competition. Players from European countries oftentimes have local alternatives to YandexMoney.

Yes, this is an e-wallet so it works both ways. The key to having it as a payment method for both types of transactions is finding an online operator that supports YandexMoney in its cashier.

Like with all e-wallets, there will be no fees for transactions within the network. However, an online operator may add certain charges for withdrawals (deposits are usually always fee-free). Plus, be ready to run into expenses when loading an e-wallet or unloading it.

This is an established brand that’s been around for more than a decade, and thousands of customers trust their money to it. The wallet comes with encryption protocols and 3D security for its cards. It is because of its reliability that YandexMoney is available in more international gambling lobbies than any other Russian payment solution.