News

Yandex.Checkout, Alfa Bank offer new payment solution for merchants

Wednesday 20 July 2016 00:44 CET | News

Yandex.Checkout and Lightning, an Alfa-Bank’s payment service, have let merchants accept payments without requiring their bank cards or online banking details.

Customers can transfer money for a purchase through a reply on a USSD-message they receive from the bank.

To make a payment users will have to choose on an online store a payment method via Alfa-Bank and put a mobile phone number or login and password from Alfa-Bank services they are already registered in. Next, a USSD-message will be delivered where a user can specify an account and confirm a payment.

A new option is available for all merchants, including foreign ones, who uses Yandex.Checkout to accept payments from Russian customers. Alfa Lightning is available for 4.5 million users from other Alfa-Bank services since 2015.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Yandex.Checkout, Alfa Bank, payment solution, merchants, bank cards, online banking
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events