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Company Insights
YooMoney – Competitor Profile
YooMoney (formerly Yandex.Money) is one of the most popular alternative payment solutions in Russia. It was launched as Yandex.Money in July 2002 as a joint venture between Yandex and PayCash Group, before Yandex later became the sole owner. However, Yandex sold a 75% stake in Yandex.Money to Sberbank in July 2013. In July 2020, Sberbank acquired the remaining 25% stake in Yandex.Money to become the sole owner of the company. Following the acquisition, Yandex.Money was rebranded as YooMoney. YooMoney allows...
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Company Insights
Adyen – Competitor Profile
Adyen is a global payment company that enables merchants to accept payments from online and offline channels. Launched in 2006, Adyen offers payment services to over 4,500 clients globally, enabling them to accept payments via more than 250 local payment methods (including debit and credit cards and alternative payment solutions) in 187 currencies. In addition to ecommerce payment acceptance for individual merchants, Adyen also offers MarketPay, a specialized product for online platforms and marketplaces. This service enables marketplaces to manage...
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Company Insights
Swish – Competitor Profile
Swish is a Swedish mobile payment solution launched in 2012. It is one of the leading P2P payment solutions in Europe, with 8.2 million users. Initially launched as a P2P payment service, it was extended to allow merchants to accept payments for online and offline purchases. The solution enables users to make real-time P2P transfers from their mobile phone using the recipient’s number or QR code. To transfer funds, both sender and recipient need to have a bank account with...
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