eBay and PayPal launch online payments in Russia with QIWI

eBay and PayPal have launched a new Russian online payment with Qiwi, a local Russian payment provider. From early November all eBay customers in Russia will be able to pay for their purchases with QIWI Wallet.

It will feature as a payment option on eBay along with PayPal and credit cards. QIWI Wallet is easily topped-up using a wide range of channels: by cash in over 100,000 QIWI kiosks, via credit or debit cards, mobile phone balance or online. About 70 percent of all commerce in Russia – online and offline – is currently settled in cash.

Vladimir Dolgov, Head of eBay Marketplaces in Russia, said: “This is a significant strategic milestone for eBay in Russia which demonstrates our commitment to making online shopping safe and convenient for Russian consumers. By adding a locally recognized, immensely popular payment method to eBay in Russia, we are connecting shoppers in more ways than ever before with eBay merchants around the world. QIWI Wallet in Russia is eBay’s first alternate payment option.”