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YooMoney is Russia’s second-largest electronic payment service and is currently owned by, and in association with, Sberbank. YooMoney is currently used by a massive 44% of the Russian population and has extensive coverage in the country. YooMoney is simple to use and signing up can be done in as little as 10 minutes unless additional documentation is needed. Find out all about YooMoney and how it works on this page, and see our list of the best YooMoney casino sites.
YooMoney, which is more familiarly known by its previous name Yandex Money (changed in December 2020), was founded in July 2002 and is 100% owned by Russia’s largest bank Sberbank. Because of this, many of the YooMoney users can also receive some of the same benefits as you would from banking with Sberbank.
When signing up for YooMoney, users will be given the option of whether they wish to hold a physical card or an online e-wallet. These cards will be issued by MasterCard, and users can also have virtual card options.
YooMoney is primarily an e-wallet that initially started to make banking easier in Russia. Users can use YooMoney to send and receive transactions from friends and family, pay their bills, and shop online and in-store for those with physical cards.
There are currently two different ways to deposit at an online casino using YooMoney. If you opt to deposit through YooMoney directly, then make sure you have available funds and follow these steps:
Additionally, if you have a personal bank account registered on your YooMoney app, you can opt to have the funds withdrawn from your bank directly. Users who opt to do this will have to enter the YooMoney app and approve the transaction before the deposit can go through.
The good news for YooMoney users is that this company does not charge users to make deposits or withdrawals at online casino sites. YooMoney does not charge its users to make any transactions with them, provided they operate in their chosen currency and are not international transfers. While YooMoney will not charge punters to spend at online casinos, certain top casino sites may have a small transaction fee for users opting to deposit with YooMoney. Make sure you check the banking page before you deposit for a list of expenses.
YooMoney currently has transaction limits on their accounts which can change depending on whether you wish to provide additional documentation. It is possible to sign up for YooMoney and remain ‘Anonymous’, but transactions will be limited to 15,000 ₽ per transaction and a maximum withdrawal amount of 5,000 ₽. Once you send documentation to identify yourself, these limits will be increased.
YooMoney will also charge a 1% fee when depositing into or withdrawing from your YooMoney account using a credit or debit card. It can be more if you opt to do so with alternative payment methods.
One of the downsides you may incur when using YooMoney is that not every casino will allow users to withdraw back to this payment method. If you use YooMoney as your primary payment method, we highly recommend reviewing the casino site to ensure withdrawals are allowed. Alternatively, you can add a payment method to your account to receive withdrawals.
For casinos that allow withdrawals to YooMoney, withdrawals will be in your e-wallet within 1-7 banking days after the casino sends payment.
Remember that many factors can influence the withdrawal speed. If you need to verify your account or provide documents, this will inevitably slow things. If you have a large balance, you may also need to withdraw in separate transactions.
YooMoney also requires its users to verify their accounts in compliance with anti-money laundering laws. To verify your account, submit a government-issued document such as a passport or national ID card to prove your identity and address.
The payout speed generally depends on the casino itself and does not always consider the payment methods when paying out. When a player requests a withdrawal, it will be reviewed and verified by the payments team to review and process. A lower quality casino may take longer to do this; therefore, it is important to choose one of the best YooMoney casinos like those listed below:
| No. | Online Casino | YooMoney Deposit | YooMoney Cashout |
|---|---|---|---|
| 1 | Playamo Casino | Yes | Yes |
| 2 | Bitstarz Casino | Yes | Yes |
| 3 | King Billy Casino | Yes | Yes |
| 4 | PlayOJO Casino | Yes | Yes |
| 5 | 888 Casino | Yes | Yes |
| 6 | 1xBet Casino | Yes | Yes |
| 7 | Omni Casino | Yes | Yes |
| 8 | 1xSlots Casino | Yes | Yes |
YooMoney is an incredibly popular payment option in Russia and has many benefits at online casinos. However, there are still drawbacks. Here are our pros and cons of using YooMoney to gamble:
YooMoney is a popular payment method throughout Russia and is known by almost the entire population. This is due to their vast reach across the whole country, offering several benefits, and being associated with the country’s largest bank Sberbank.
When depositing with YooMoney, users will have the option to claim bonuses that may be on offer at their chosen online casino. Some of the most popular bonuses that can be claimed when depositing with YooMoney include deposit offers where you can play with more than your deposit amount, free spins on specific games, and cashback promotions. So, make sure to check out that promotions page on every visit!
YooMoney customer service team is available to assist users between 9 am and 8pm Monday to Friday and between 9 am and 6 pm on Saturdays. The office is closed on Sundays and Public Holidays. The easiest way to contact the team is to reach out via:
In addition, there is a vast amount of information available on the YooMoney website, which may be able to assist users in the first instance without the need to reach out to the customer support team.
For users who may be looking for an alternative payment method to YooMoney, here are some similar operators:
PayPal has won multiple awards and is viewed as a faster and easier way to pay online. Nowadays, it is also a preferred payment method for online gaming. It is currently available to players from the following countries: UK, Austria, Denmark, Finland, Ireland, Italy, Portugal and Sweden. PayPal comes with many advantages including low risk, convenience and optimisation for any device.
Paypal is supported by 300 casinos
MasterCard and Visa credit cards are the easiest and most widely used direct payment method. Amex cardholders can use their American Express card at most US Online Casinos. A casino that offers Visa and MasterCard can be deemed as a secure and trusted casino. Certain fees may apply with every transaction or on a monthly basis, depending on which company you use.
Debit Cards is supported by 396 casinos
Euteller is a prime example of one of casino sites' newest and fastest-growing payment methods. This page covers everything you need to know about Euteller and how it works. You will also find a list of the best online casinos that accept Euteller, including the welcome bonuses on offer for signing up.
Euteller is supported by 174 casinos
When it comes to making online payments into your chosen casino account, WonderlandPay is perhaps a brand that you have yet to hear of in action. You shouldn’t bypass this particular payment method, though. While it has its main operation centre in the Asian market, it has also spread out to incorporate casinos from Europe and Africa as well.
Wonderland Pay is supported by 7 casinos
Our expert team has vetted every online casino with YooMoney on this page, so you don’t have to; however, if you are using a casino that is not on this site, then you should be vigilant with your information. Before registering at any online casino, you should check that it is properly regulated and licensed by a recognized gambling body. This ensures that the casino is compliant and is subject to regular checks for security and fairness.
YooMoney uses encryption services made specifically for the financial sector to keep data and finances safe and secure. YooMoney employs PCI DSS and complies with local Russian regulations regarding financial protection.
YooMoney allows users to spend their money at online casinos safely and securely while still being able to claim available casino promotions on their deposits. YooMoney will not charge its users any additional fees for depositing or withdrawing from an online casino. However, YooMoney does charge a small fee for topping up and withdrawing from your YooMoney e-wallet.
Before choosing your online casino, we recommend reviewing the banking information and ensuring that the casino will allow withdrawals to this payment method; otherwise, have another payment card on hand to withdraw back to.
YooMoney will require users to fully verify their account before they will accept casino withdrawals for them to comply with anti-money laundering laws.
YooMoney is currently owned and operated under Sberbank and shared a banking license No. 1481 dated 11 August 2015.
Haven’t you found what you’re looking for yet? Then check out the answers to our most frequently asked questions below:
Can I use YooMoney at online casinos?
Yes, many online casinos accept YooMoney deposits, but some may limit withdrawals, therefore we recommend reviewing the banking page before making your transaction. Some of the best YooMoney casino sites are listed on this page.
Is YooMoney free to use to gamble?
YooMoney will not charge any fees for deposits or withdrawals at online casinos, however, there is a small percentage fee when topping up your YooMoney e-wallet or withdrawing from it, usually around 1%.
Which countries accept YooMoney?
YooMoney is currently only available for residents in Russia and services outside of this country may be limited.
