YooMoney branded as ЮMoney, (formerly Yandex.Money) is an e-commerce payment system. It is 100% owned by Sberbank and operates in Russia and nearby countries.
The company's headquarters are in Moscow. It has branch offices in Saint Petersburg and Nizhny Novgorod.
History
The service was launched in 2002 as Yandex.Money by Yandex via a partnership with PayCash formed in 2000.
In March 2007, Yandex acquired full ownership of the service.[1][2]
In March 2011, the service expanded to Ukraine, Belarus, and Kazakhstan.[3]