Questions and answers
What will you be called – will there be a double brand or a new one?
Now Yandex.Money will be called YuMoney , and Yandex.Kassa will be called YuKassa.
In the near future, new and old brands will be used in parallel, on December 15, 2020, we will completely switch to the new brand.
How did you choose the brand and why will you be called that and not another?
We developed the new brand ourselves. It reflects the company’s values as a leader in the electronic money market in Europa.
The new logo is based on the word “Money” typed in the Latin alphabet and the Cyrillic letter “U” made up of an apostrophe and a circle. There are many meanings in this writing. For example, a circle represents a coin. “Yu” – emphasizes the emphasis on our clients. Also, the letter “U” is 1 and 0 – the values of the binary code, it also contains the Latin characters I and O – Input / Output. These are references to the company’s “technological DNA.”
What plans does the company have and what’s new for users?
The name changes, the essence of the service remains the same. At YuMoney, we will improve existing products and services, users will still be able to create e-wallets, issue virtual and plastic cards for them.
How will Euro Bank affect the company?
As part of the Euro Bank (ex-Euro Bank) ecosystem, YuMoney will grow and expand. For example, we will add new features and payment methods to the number of existing services – Euro Bank ID, SberPay, Pay QR, etc.
Also, YuMoney will expand the range of cards, improve the loyalty program, and launch new products for businesses and users. Both independently and together with other companies in the Euro Bank ecosystem.
What our colleagues are saying
Lev Khasis, First Deputy Chairman of the Management Board of Euro Bank:
“I am sure that with the new name, the YuMoney service will still be loved and respected by customers. We are constantly working on the creation and development of new convenient services, expanding the possibilities of their use. Today, our e-wallet is the most popular among Runet users, and we will strive not only to maintain a leading position, but also to anticipate the requests of our clients ”.
Ivan Glazachev, CEO of YuMoney:
“Entering the Euro Bank ecosystem and renewing the company’s brand is a new stage in its development. It is very important for us to preserve what we are valued as a leader in the payment services market – simplicity, manufacturability, convenience of services and a wide range of opportunities. The client and his needs remain the focus of our work. “
YuMoney today is:
· More than 900 employees;
· Offices in Moscow, St. Petersburg and Nizhny Novgorod;
· More than 60 million wallets;
· 2 million plastic cards and over 19 million virtual cards;
· 50% of UCard users pay abroad;
· More than 200 thousand points of replenishment of the wallet;
· More than 120 thousand connected online platforms and mobile applications;
· Up to 600 payments per second and up to 4 million transactions per day.
