View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 31, 2019

Yandex.Checkout-Isbank alliance enables ruble payments in Turkey

Isbank has collaborated with Russian payment services provider Yandex.Checkout to enable one to pay with ruble for purchases on Turkish websites.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

In Turkey, the bank works alongside more than 10,000 online platforms.

Commenting on the tie-up, Isbank deputy CEO Yalçın Sezen said: “To improve trade relations between Russia and Turkey we have done our part by making cooperation with Yandex.Checkout.

“In this way, we have facilitated the collections of our airlines, tourism agencies and online retailers.

“We are going to increase variety of our products and services and going to support our merchants who are targeting different geographies.”

While on Turkish websites, customers can use Yandex.Money e-wallet to make ruble payments. Furthermore, it will also be possible to use a linked card of any banks. The payments will be seamless and secure.

In addition, customers can also make payments by utilising a MIR payment card and through Sberbank or Alfa-Bank mobile or online banking service.

Yandex.Money CEO Ivan Glazаchev said: “It’s important for us to provide Russian customers with the opportunity to pay for purchases in a convenient and safe manner on Turkish e-commerce platforms and online stores.

“Such partnership enables numerous Turkish merchants to reach millions of local buyers in the context of high demand on goods and services of foreign sellers.”

 

 

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International