What is Qiwi? Qiwi Review

background

Russia is a European country with a large number of Internet users, with 60 million Internet users, accounting for nearly 15% of the 400 million Internet users in Europe. And the speed of Internet user expansion is similar to that of China a few years ago, with a growth rate of nearly 14%. Therefore, the online market capacity and growth rate in Russia and its neighboring countries are relatively large. Qiwi is like a combination of Lakala and Alipay, allowing users to complete payments in stores, online, or on mobile phones.

introduce

Qiwi wallet is the largest payment tool in the Russian market, and its service is similar to Alipay

Users can pay for products instantly through Qiwi Wallet. Qiwi Wallet has a comprehensive risk protection mechanism and will not cause buyers to withdraw funds. Therefore, there is no 24-hour review period for orders paid by buyers using Qiwi Wallet, and sellers can ship immediately after payment is successful.

Advantages and Features

1. No refunds, chargebacks or counterfeiting, 100% transaction security guaranteed

2. No trading margin

3. Real-time payment and real-time collection

4. Support online and offline payment

5. No account opening fee, monthly fee, or single transaction fee

6. It is completely free for users to use QIWI payment

7. Convenient self-service payment terminals, wide range of agents and networks

Payment Process

Step 1: Select Qiwi Wallet payment method on the website and click the payment button;

Step 2: Pay via a self-service terminal or online;

Step 3: Confirm payment is completed;

Step 4: Return to your website and the transaction is complete!

QIWI Wallet Level Type

1. Anonymous wallet account

How to get it: Just need a Russian calling card to register.

Account limits: The maximum amount that can be stored in the wallet is 15,000 rubles; monthly payment limit: 40,000 rubles.

2. Standard Wallet Account

How to get it: Register with a Russian phone card and authenticate with Russian information.

Account restrictions: The maximum amount that can be stored in the wallet is 60,000 rubles; monthly payment limit: 200,000 rubles.

3. Advanced Wallet Account

How to get it: After registering with a Russian phone card, go to the Russian QIWI office to submit your information for certification.

Account restrictions: The maximum amount of money that can be stored in the wallet is 600,000 rubles; Monthly payment limit: Unlimited.

develop

Qiwi Wallet is an electronic wallet system jointly launched by the company and Visa at the end of 2007.

On May 21, 2012, AliExpress introduced a new payment method - Qiwi wallet.

In April 2016, Qiwi marked a milestone when it began launching a blockchain and distributed ledger working group in the country.

In March 2017, the company launched a new subsidiary focused on blockchain development and consulting.

In July 2017, the company partnered with IT educator Scream School to open a private “Blockchain Academy.”

References

• 1. QIWI Introduction: Official website [cited on 2019-02-19]