Snapdeal to foray into mobile wallet space

Russian payment services firm QIWI has said that its users can now send money to China UnionPay bank cards through qiwi.com website.

Snapdeal to foray into mobile wallet space

To transfer money to a UnionPay card, customer should use the ‘Search’ button on QIWI website and enter the name of the payment system.

“It is enough to input the number of the card you want to top up and the amount to be sent in US dollars in the UnionPay account top up menu. The system will also display the amount of payment in Russian rubles,” the company said in its press statement.

The company added that it will charge a commission of 2% on the amount transferred plus 180 rubles.

QIWI Group managing director Anna Stoklitskaya said: “With QIWI’s new payment option purchase of goods and services from Chinese suppliers becomes even more accessible while direct money transfers to the cards of your partners or relatives is significantly easier. Now sending money to China is as simple as topping up a mobile phone or Internet account.”