Yandex Money Casinos: The UK’s Top Casino Sites Accepting Yandex Money
Written By Muhammad Gregory
At online-casinos.com, we make it a priority to stay on top of popular payment methods offered at online casinos in the UK. When it comes to Yandex Money casinos, there are unfortunately no approved UK operators for us to recommend.
If you’re looking for a trustworthy alternative, our recommendations are:
Basic Facts about Payments at Yandex Money Casinos
Before we get too deep into the differences between these sites, let’s take a step back and cover the basics of how to use Yandex Money in online casinos, what security features it offers and what fees you should expect.
Making a Yandex Money Deposit
If you’re used to e-wallet payments at casinos then Yandex Money should make sense to you, If not, let us take you through the steps. Once you have loaded your Yandex Money account with funds, you simply need to log in to your online casino account and select the payment method from the list of options in the cashier.
When you have done so, you will be prompted to opt-in to any Yandex online casino bonuses if you wish to claim them. You must note at this stage if there are any fees charged by the casino for using this payment method, and look at any maximum or minimum deposit limits that may apply.
This recommended Yandex Money casino is one of the best options as it has no fees for using the payment method, and deposits are very quickly processed. Its welcome bonus can also be triggered using this service.
Making Yandex Money Withdrawals
Unfortunately, you cannot make withdrawals from real money casino sites using this payment method as an e-wallet. You will need to select an alternative payment service such as bank transfers or a different e-wallet at checkout. This isn’t an option set by the operators, rather by the payment service itself, and will therefore be consistent across the industry. Once you get your cashout funds from the online casino to your bank account, though, you can of course transfer them back into your Yandex Money account. This extra step is a little annoying, but it is part of the casino security methods and should therefore be considered a good thing.
Regardless of the payout method you choose, you will most likely need to verify your identity with the casino by providing it with a form of photo ID, plus a proof of residence such as a power or water bill. These requirements will differ based on your local jurisdiction, so check that you can fulfil them before you begin.
Transaction Fees
One of the main reasons why Yandex Money casinos are so popular is that the operators do not charge fees for you to make deposits to their sites. Though you should not expect to pay any fees to the operators for transferring money into your casino wallet, you will need to pay the obligatory Yandex Money fees.
Security Measures for Casino Payments
We only recommend you use trusted payment methods. Therefore, we always suggest that you play at licensed operators with trusted financial service providers. These are the best Yandex Money casinos that we will support, because they provide guarantees against scams and fraud.
Yandex Money casino sites also have an additional layer of protection for players using the e-wallet, as the payment service also has its own security measures in place. In order for it to become such a trustworthy and widespread payment method for its users, it has taken care to ensure that all funds travelling through Yandex Money are protected. The list below includes an overview of the procedures and promises that the payment service has made to its clients. As you can see, all deposits made with Yandex Money come with a service guarantee, giving you peace of mind when making transfers.
- 1. Yandex Money Protection This transaction protection is a seal of approval that Yandex Money awards to trustworthy online retailers. If you can see the logo on any casino or store online, it means that it has already been verified by the firm.
- 2. Wallet Alarms By default, Yandex Money will send you an email whenever any transaction is processed, including payments in or out of the wallet. You can also activate text message notifications.
- 3. One-time Passwords Yandex Money offers its customers the ability to activate one-time passwords instead of using the same password all the time. This means that you will receive a unique password upon request every time you wish to make a payment, which will be sent to your email or phone account.
The Yandex Money website is filled with additional information and basics on how to keep your personal information safe and out of the reach of hackers. It’s this sort of dedication to protecting its customers that gives you the confidence that you are safe online with this payment method.
About the Payment Method
Yandex Money is an e-wallet that is one of the many services offered by Yandex parent company. Although the payment method is predominantly used by Russian citizens, it is also possible for EU or US citizens to make accounts. You can create an account online using a Gmail or Yandex email account, then verify your identity through the Moscow office.
Once you have your account set up, the payment service allows you to transfer money into the e-wallet using a variety of different methods. Russians can make bank transfers, mobile payments, or use credit cards to top up their accounts, while other residents must use a bank transfer or e-money exchanger.
Applicable Client Fees
Yandex Money Fees
It’s important to understand that Yandex Money casinos don’t charge fees to the user for making transfers, and fees are also not charged for spending money from the eWallet.
However, clients can be charged fees to load money into their Yandex Money wallet, depending on the method of payment and the resident country.
The bank account that is used to make the transfer may also charge you fees for a foreign money transfer if you are not in Russia and paying with Rubles.
Check your personal banking institution to see the applicable fees.
Deposit and Transfer Limits
Each different Yandex Money casino will have its own deposit limits for using the payment service, but there are also three levels of limits that are applied to the eWallets themselves.
Depending on if you have an anonymous, reviewed or identified account, you will be capped at either 15,000, 60,000 or 500,000 Rubles respectively. You can change your limits if you have verified your identity with the company. Only Russian citizens are allowed to have reviewed accounts, but to increase your account to an identified account you must apply through the mail to the Yandex office in Moscow.
Using Yandex Money on Mobile Devices
To use Yandex Money on your mobile phone or tablet device, you will need to download its app from the Google Play Store or App Store. The app is free to download and offers all of the functionality of the desktop service in a layout that is designed specifically for the small screens.
Though you are able to access the Yandex Money site through a web browser on your phone, it is not recommended. The website is not optimised for mobile use and it is very easy to accidentally tap on the screen in the wrong place.
Yandex Money Company Info
Yandex Money is just one of the many services offered by Russian internet powerhouse, Yandex. The parent company was created in 1997 and has become the largest technology company in Russia, competing against the likes of Google Russia. The payment method service was added to the company in 2002, alongside other products such as a social media service, a search engine, a music streaming service and a taxi company. Primarily popular in Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan and Turkey, the service has a 92% familiarity rate in Russia and is used regularly by 44%. The company’s headquarters are in Moscow, where Ivan Glazachev has been heading the business since March 2017. Use of the e-wallet is particularly common in the gaming industry, where it is accepted for payments for games by Blizzard Entertainment and Electronic Arts through the use of prepaid card distribution.
| Company Name | Yandex Money |
| CEO | Ivan Glazachev |
| Niche | Technology |
| Website | money.yandex.ru |
| Revenue | $2.91 billion |
| Founded | 2002 |
| Founded by | Arkady Volozh, Arkady Borkovsky, Ilya Segalovich |
| Employees | 8,854 |
| Phone | +7 495 739‑23‑25 |
| pr@yandex-team.ru |
| Stock Price | NASDAQ |
| Regulation | Central Bank of Russia |
| Sister Companies | Yandex: Search, DIrect, DIsk, Mail, Browser, Maps, Market, Eda, Metro, News, video, Map editor, Music, Afisha, Panoramas, TImetable, Traffic, Translate, Taxi; Alisa. |
| Yandex Money Help | Help |
| Best Yandex Money Casino | None Available |
| Best Yandex Money Bonus | None Available |
Conclusion: The Pros and Cons
For gamblers in Russia and the Commonwealth of Independent States, Yandex Money online casinos are a fantastic option. The payment method is one of the safest and most trustworthy services and is therefore preferred by the gambling sites in these countries. Take a look at the pros and cons of using this method below:
- No fees for online payments
- Strong security processes
- Widely accepted service
- Simple to use
- Only accepts Rubles
- No Yandex Money bonuses
- Low limits until identity verification
- No optimisation for mobile web apps
Every player has different needs, whether they prefer online casino slots over live poker, or low wagers over a high roller status. The following table has divided the best Yandex Money casinos into categories to help you find which one suits you best.
One of the biggest problems with Yandex Money casinos is that the payment service only accepts Rubles. Not all sites in the Commonwealth of Independent States prefer Rubles, so it can result in some costly exchanges with unaligned currency requirements. Checking these requirements before signing up will be your own responsibility, using our expert advice to stay safe.
Casino Payment Alternatives
Once considering the strengths and weaknesses of the Yandex Money online casinos, you may have reached the conclusion that it’s not the option for you. In this case, there are plenty of other options for you. The most popular methods are highlighted below, giving you a good cross section of the alternative credit card, eWallet and prepaid card options.
Frequently Asked Questions
There are always a lot of questions about the variety of payment methods available to use in online casinos, and Yandex Money sites are no different. We’ve collected the most commonly asked queries here for you to easily glean information.
Is using Yandex Money safe?
Yes, it is perfectly safe to use Yandex Money to make online casino payments, thanks to the extensive security features. All payments to and from the e-wallet are protected as are personal details from hackers.
Can I withdraw my casino winnings with Yandex Money?
No, you cannot make withdrawals with Yandex Money at online casinos. You will need to select another payment method to process this type of transaction, such as bank transfer or credit cards.