Qiwi is a leading e-wallet provider in Russia and the CIS. The Qiqi wallet is based on Visa Prepaid cards with more than 27 million customers, over 10,000 merchants, and over 100,000 kiosks and terminals. QIWI Group was founded by Sergey Solonin, Boris Kim, and Andrey Romanenko in 2007. QIWI PLC’s headquarters are in Nicosia, Cyprus.
Qiwi is traded on the American technology exchange NASDAQ with their legal entity QIWI PLC.
QIWI Group includes QIWI payment system, QIWI Bank, CONTACT money transfer system, Factoring PLUS, Flocktory, and QPlatform. The company has representative offices in three countries.
The Qiwi wallet provides users with access to Visa products with universal acceptance and security. The Qiwi account can be connected automatically to a virtual or physical Visa prepaid card. Qiwi is one of the largest Russian e-wallets.
The core difference between Qiwi and other e-wallets is that Qiwi accounts can be accessed via both cash terminals and any smartphone.
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Due to the Russia conflict and many companies being on the sanctions list, we put Qiwi on our “Red Compliance” list.