And instead of Yandex.Checkout, YuKassa appeared
After Yandex.Money moved under the responsibility of Sberbank, they decided to rename the service. Yandex.Money is a thing of the past, and the electronic payment service itself is now called YuMoney.
Yandex.Money is gone. There is only YuMoney
The companies will completely switch to the new brand after December 15, and until then, the old and new brands will be used simultaneously.
The YuMoney team plans to continue improving the existing products and services that the company launched under the Yandex. Money and Yandex.Kassa brands. By the way, Yandex.Checkout was also renamed – the payment solution for business was named YuKassa.
The choice of the new name is explained as follows:
The new brand reflects the company’s values as the leader in the electronic money market in Russia. The new logo is based on the word “money” typed in Latin and the Cyrillic letter “U” composed of an apostrophe and a circle. There are many meanings in this writing of the letter. The letter is convex and emotional, the circle symbolizes the coin. The readable Latin I and O – Input / Output – is a reference to the company’s technological DNA. The same is said by one and zero – a binary code. The company developed the new brand independently. “
Users will still be able to create electronic wallets, issue virtual or plastic cards to them. Kassa will continue to provide fast payments for companies and offer business solutions.
YuMoney will develop as part of the Sberbank ecosystem and will add new features and payment methods to the number of existing services – Sberbank ID, SberPay, Pay QR, etc.