I have previously introduced two Russian digital wallets that can create virtual cards, YooMoney and QIWI, but both of them require a Russian cell phone number to register, so they are a bit inconvenient for us Indians. Although Russia’s economy is not very developed now, it is not lagging behind in the Internet finance industry at all. Many excellent financial products are developed by Russians, which is very worth learning from us in this respect.
The YooMoney digital wallet introduced today is actually the previous Yandex.Money, but they are a bit different. The following two tools are required to successfully register with YooMoney.
- A cell phone number that can be used for a long time and can receive SMS verification codes is possible with Google Voice.
- An e-mail address
These two tools are very easy for us to obtain.
Go to the official website of YooMoney and click on the [Create a wallet] button. The YooMoney website is in Russian, so we recommend using Google Chrome, which translates to English for easier reading.
Select the international area code, if you use US Google Voice, then select +1 international area code.
Enter email address, the system will then send a verification code to this email address for verification.
Then set the password, which needs to contain both uppercase and lowercase letters.
This basically completes the registration of your YooMoney account.
Click the [Bank Card] button to create a virtual card.
Click [Get a virtual card] to create a virtual card and enter the creation screen.
Depending on your needs, choose whether to create a VISA virtual card or a MasterCard virtual card.
After entering the cell phone verification code, the virtual card is created successfully.
Enter the verification code again to view the YooMoney virtual card details. The virtual card expiration date and CVV security code are sent to your registered cell phone in the form of a text message.
I successfully created a VISA virtual card. The steps to create a MasterCard virtual card are the same as the steps to create a VISA virtual card. The unauthenticated YooMoney Virtual Card can be used only in Russia. If you need to use the YooMoney Virtual Card worldwide, you need to authenticate it in person in Russia or at an agent in another country.
Top-ups can be made by using a physical MasterCard credit card with 3D secure verification or by adding funds to the YooMoney wallet via the Webmoney digital wallet.