“Money: From A to Z”: New Service from Yandex.Money and Alfa-Bank
Yandex.Money and Alfa-Bank announced launch of the new service “Money: From A to Z” (Russian version “Money: From A to Ya”). Yandex.Money users with an account at Alfa-Bank can now instantly transfer funds from their account to the Yandex.Money e-wallet and back. Neither user’s personal information, nor account details are transmitted over the Internet. Moving funds from Alfa-Bank account to Yandex.Money account is free of charge; the fee for transferring e-money to a bank account, at 2%, is the lowest in the Yandex.Money system. The funds transferred to Alfa-Bank account may be used for offline payments, credit replenishment, bank transfers, or for generating interest on the balance.