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Skrill in Deal With Russian Payment Provider
Saturday May 25,2013 : GAMBLING PAYMENT PROCESSOR IN RUSSIAN DEAL
Skrill - Yandex agreement will help improve Russian services
Skrill, one of Europe’s largest online payment processors, has inked a new partnership with Russian payments service Yandex.Money in a collaborative move that will enable the company to expand coverage of the Russian payments market while allowing Yandex.Money to be integrated as a payment option for Skrill’s 140,000 merchants worldwide, offering a local payment solution to a global customer base.
Yandex.Money is one of Russia’s most popular payment services: 84 percent of Russians are familiar with it and 17 percent use it to make payments at least once every six months. Currently Yandex.Money is accepted by over 20,000 online stores in Russia, Ukraine, Belarus and Kazakhstan.
Mohamed Omaizat, VP group corporate development at Skrill, said Friday: “Partnering with Yandex.Money will provide Skrill’s expansive global merchant base with access to consumers in Russia. It will also enable us to grow our global payment network even further with another popular local payment option, ensuring we stay at the forefront of the digital payments market.”
“We want to give our users an opportunity to pay with Yandex.Money in any internet store anywhere in the world," said Maria Gracheva, business development director at Yandex.Money. "Some of the internet’s most popular services, such as Skype, Facebook and McAfee, are already using Yandex.Money for payments in Russia."
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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