QIWI is a payment network operated by the Russian Qiwi Group which was founded in 2007 by Boris Kim, Andrey Romanenko, and Sergey Solonin. The Trio launched the QIWI wallet on April 22, 2008, in Moscow City. This electronic payment solution was designed to facilitate money transfers to individuals, mobile channels, and online merchants such as, for example, new casinos online using Visa prepaid accounts.
QIWI products and services
QIWI consolidates several payment solutions including e-wallets, kiosks, goods delivery terminals, and banks. In essence, it is a convenient tool for making everyday payments. The QIWI kiosks and e-wallets allow users to transact with over 13,000 merchants, including eCommerce shops, online casinos, mobile network providers, remittance organizations, utility services, state entities, and banks. Customers can also apply for QIWI Card, a joint account that is linked to a QIWI wallet for online and offline uses. QIWI transactions at new casinos online are clear-cut, allowing instant transfers through mobile devices.
While it is primarily used in Russia, QIWI is also available in more than 20 countries including Great Britain, Latvia, Estonia, Georgia, and Ukraine, among others. Today, over 16.6 million people use QIWI wallets and virtual cards at an estimated more than 106,000 sales terminals.