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Qiwi

Qiwi is a financial services company that offers electronic payments and money transfers mainly in Russia and other CIS countries. Their services include digital wallets, payment processing, and kiosk networks for cash transactions.

What is Qiwi?

Qiwi is a leading fintech company in Russia that provides next generation payment and financial services. Founded in 2007, Qiwi operates a trusted network of over 20 million virtual wallets with over 75 million yearly payments. Their products include:

  • Qiwi Wallet - A digital wallet that allows quick payments and money transfers via mobile devices, online, and at over 190,000 kiosks across Russia.
  • Payment processing - Payment services for online merchants and apps to accept payments from bank cards, mobile carriers, digital wallets etc.
  • Kiosk network - Extensive network of over 190,000 kiosks across Russia and other CIS countries for cash transactions and payments.

Key services offered by Qiwi include mobile top-ups, bill payments, peer-to-peer transfers, prepaid cards, and payments for online games and apps. A key advantage is easy access for consumers through various channels - app, web, kiosks, and POS terminals.

As a publicly traded company since 2013, Qiwi continues to expand as a fintech provider focused on next generation payments for Russia and the CIS region.

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