Is QIWI popular?
Thanks to its Russian roots, this online payment method is highly in Russia. To date, QIWI connects close to 40 million customers, and this number will keep increasing as it ventures into international markets.
QIWI was launched in 2008 by three individuals; Andrey Romanenko, Boris Kim, and Sergey Solonin. In 2012, four years after its formation, QIWI signed a global partnership agreement with VISA. That resulted in the introduction of a co-branded product, the Visa QIWI Wallet. The company then went public in 2013 and acquired CONTACT money transfer system in 2015. QIWI also bought rights to the software and brand of the banking services of Rocketband from Otkritie in 2017.
In 2021, QIWI's CEO announced their intent to continue dealing with online betting providers through a new unified center for accounting bet money. That was great news to all online punters for using this payment method, as it confirmed they would continue enjoying the conveniences and other benefits of the payment method.
QIWI payment option involves transferring money from a user's account to any online casino platform that offers the payment method. However, loading funds to any QIWI account can only be done via banking cards such as debit and credit cards.
QIWI offers business-to-business (b2b) services as its core, providing payment solutions to online casinos, the taxi market, banks, digital entertainment, tourism, and many other online businesses. All the QIWI business products were unified, including payment option eSports, in 2021 to form QIWI Business.