Dec 04, 2012 Dave King
it hopes to sell to millions of people in Russia and other countries, potentially including the U.S., according to The Financial. The firm has teamed up with Visa to take its services global. When they link to Visa, the digital wallets will become stored value accounts accessed by a prepaid card, which can be used online, from mobile devices and at the self-service kiosks. In a release, QIWI's CEO Sergey Solonin stated the partnership with an American-based company like Visa will "open up a wide variety of payment products and services for banks, mobile operators, billers, e-merchants and retailers." The Financial reports that QIWI's self-service cash-to-electronic payment kiosks have serviced an estimated 50 million Russians who made $12 billion in electronic payments in 2011.