Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Vkontakte Closes its Own Payment System
14.07.2011 19:51
Vkontakte Closes its Own Payment System

Russian most popular social network Vkontakte decided to close its payment system, as it doesn't fit the legal requirements of the national payment system, approved by Russian President at the end of June, 2011.

      According to the new requirements of the new law, non-credid institutions can't use e-money. Vkontakte decided, that to create a new credit institution in order to preserve the payment system is impractical.

      The closure of the system will affect only those users who have accumulated e-money to buy presents and goods. It will be able to spend the money within three month.

Author: Ksenia Dzhalagonia

Tags: Russian Internet     

Next Previous

You might also find interesting:

5G Laboratory for Startups
Roskomnadzor has Blocked the Service for the Delivery of Goods from Foreign Online Shops
The Russian Venture Capital Market Grew by Almost 50% in 2019
Non-cash Tips in Moscow
Half of SMEs in Russia Suspended their Work

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Gelendzhik  Archeology  Arctic  Winter Arts Festival in Sochi  Arkhip Kuindzhi  St. Petersburg  Moscow Metro  Fashion festival  Russian tourism  Russian regions  Russian National Parks  Georgy Yakulov  FEBS  Syria  Russian education  Ulyanovsk Region  Fashion  May 1  The Strugatsky Brothers  Ukraine  Exhibitions in Moscow  Petrozavodsk   Russian retail sector  Zenit St. Petersburg  Russian medicine  Russian Art Week  Moscow  Russian sculptors  Moscow Museums  Russian business  Festivals in Moscow  Left Front  Street Art  Ferapont Monastery  UTair  Mercedes-Benz Fashion Week Russia  Krymskaya Naberezhnaya Street  travel to Russia  cloning  Russian Cameramen  Zaryadye  Tyumen  Victory Day Parade  Russian academy of sciences  Russian Cinema  Comics  Perm Territory  Tigers  Kaliningrad  Russian opera singers 

Travel Blogs
Top Traveling Sites