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The PS segment provides virtual distribution services through the QIWI Wallet and other QIWI applications. The CFS segment encompasses financial services rendered to individuals, currently presented by Sovest installment card project. The SME segment offers a range of services to small and medium businesses. The RB segment consists of digital banking services, including debit cards and.
QIWI Wallet is an e-wallet payment method that enables customers to make secure payments online.Once a payment is initiated, an invoice will be created in your QIWI Wallet account.You can then choose to pay the invoice 'now', using your existing QIWI Wallet balance or the card you registered to your QIWI Wallet account, or 'later' in cash at any payment interface supported by QIWI Wallet. 2.
It also provides Qiwi Wallet, which is an online and mobile payment processing, and money transfer system that allows customers to pay for the products and services of merchants, as well as perform peer-to-peer money transfers through a virtual wallet; and Visa-branded prepaid cards. In addition, the company offers payment-by installments card systems under the SOVEST brand name; and value.
QIWI Wallet is a leading payment method in Russia. It has deployed over 19 million virtual wallets, over 152,000 kiosks and terminals, and enabled merchants to accept over RUB 78 billion cash and electronic payments per month from over 51 million consumers using its network at least once a month. QIWI's consumers can use cash, stored value and other electronic payment methods to order and pay.
The number of active Qiwi Wallet accounts was 21.8 million as of March 31, 2020, an increase of 0.3 million, or 1%, as compared with 21.5 million as of March 31, 2019. The increase was driven mainly by the development of consumer and merchant use cases in the core market verticals, network effects as well as increasing convenience and usability of our services. Consumer Financial Services.
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QIWI wallet is a payment service provider founded in 2007 that operates primarily in Russia and Eastern Europe before also expanding to the US as well. The company has worked together with VISA in a co-brand and there are over 20 million active consumer accounts at the moment. Users may make payments for phone bills and utility bills online and the company also supports cash collecting.