Yandex Pay payment service has added the function of automatically replenishing the card at the time of payment for goods from the customer’s account in another bank. The company announced this in a press release.
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For the new feature to work, the third-party bank must be connected to the Faster Payment System (FPS). If the client has not exceeded the limit of 30 million rubles for transfers via SBP, there will be no commission for automatic replenishment of Yandex Pay, the company clarified.
To activate the automatic replenishment function, you need to link a third-party bank account to Yandex Pay. When paying for a purchase, the Yandex Pay card will be replenished with the missing amount, for example, if you have 300 rubles on it and the product costs 1,000 rubles, then the account will be replenished with 700 rubles, the service explained.
Automatic replenishment takes place via QR code, NFC or online. The new tool is already available in Yandex Go and Yandex Market services; later it will be available in Lavka and Food.
In February 2024, Yandex launched term deposits for Yandex Pay cardholders – according to current data on the service’s website at the time of publication, the yield on such deposits is up to 19% per annum.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
