Qiwi e-wallet
Qiwi e-wallet is based on Visa’s prepaid account. Today, it faces more than 20.3 million active consumer accounts. Thanks to Qiwi Wallet, consumers can pay safely for more than 10,000 traders.
Qiwi’s portfolio provides users with access to Visa products with universal acceptance and security. Moreover, the Qiwi account can be automatically linked to a virtual or actual prepaid card. They can then be used to make purchases from retailers who accept Visa worldwide. QIWI is today the best solution for traders wanting to penetrate Russia, Ukraine, and Kazakhstan. Payment method is uncommon outside the above areas.
Countries integrating payment methods from Qiwi e-wallet
Qiwi is one of the largest Russian electronic wallets. When the brand (with its kiwi logo) was presented to the public in 2007, the company was not small at all.
The electronic wallet was launched by OSMP Group, the most important network of Russian cash stations. The service’s main advantage is its full availability in the Internet-connected and offline worlds. Qiwi has 200,000 cash stations operated by OSMP.
The fundamental difference between Qiwi and other electronic wallets is that Qiwi accounts can be accessed via both cash terminals and any smartphone.
Statistical on QIWI e-wallet
Take a look at some statistics on Qiwi’s e-wallet:
More than 20 payment methods supported.
200,000 payment centers in Russia, Kazakhstan, and Ukraine.
More than 20,000 traders.
7,600,000 active eWallet accounts (total 47 million registered accounts).
Overview of QIWI shopper’s journey
Let’s take a look at how the Qiwi wallet works once the merchant adds it as a payment method:
On the payment page, the user chooses the Qiwi payment method.
The user is then redirected to the Qiwi payment page.
The user selects the payment option he wants to use and enters his password to complete the payment.
Maximum volume of QIWI transactions
For payments in the Russian ruble, the maximum transaction is 15,000 Russian roubles. For payments in US dollars, this amount is equivalent to RUS $15,0ِ00. Keep in mind that it is calculated according to Qiwi wallet excِhange rate
. How do you integrate QIWI as a payment method on your website?
As a merchant, you need a Qiwi e-wallet to reach the Russian, Ukrainian and Kazakh audiences. To add Qiwi as a payment method, you need to find an acquired bank or payment service provider that offers Qiwi.
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