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Online & Mobile Banking

Yandex.Checkout offers direct payments via Tinkoff Bank app

Thursday 14 February 2019 | 12:50 PM CET

Yandex.Checkout has announced providing a new payment method via Tinkoff Bank’s mobile app or online banking account.

As the payer doesn’t need to enter bank card details, the new service will help online stores to make the payment process faster and easier for the clients of Russia-based Tinkoff Bank, and in turn, increase their conversion rate.

In order to accept payments via Tinkoff Bank, a merchant needs to enter into a contract with Yandex.Checkout. If the company is already using the payment solution, it will need to switch to the latest version of the Yandex.Checkout API to enable this payment method. Once the switch is done, payment acceptance via Tinkoff Bank will be activated automatically.

In addition to Tinkoff Bank, Yandex.Checkout also allows online stores to accept payments via Sberbank and Alfa Bank’s online banking services.

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