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Yandex.Money to power the Opera Mobile Store

February 28, 2012

San Mateo, Calif., and Barcelona, Spain - February 28, 2012

Opera Software announced today its partnership with Yandex.Money to simplify mobile payment in the Opera Mobile Store in Russia and other CIS countries.

 

Through this partnership, Yandex.Money will be the preferred method of payment for users of the Opera Mobile Store in countries where Yandex.Money operates. Opera Mobile Store customers will be given a choice to pay for their app purchases using Yandex.Money. If they choose that method, they will be able to opt for single-click purchases for future transactions, making mobile payment a hassle-free process.

Yandex.Money is the most popular e-commerce payment system in Russia. The Opera Mobile Store is the fifth most popular mobile app store in the world and serves most popular platforms including Android, Symbian, iOS, BlackBerry and Java. The Opera Mobile Store has more than 45 million downloads a month.

The Opera Mobile Store is featured as a Speed Dial link in the Opera Mini and Opera Mobile browsers and is accessible to more than 160 million users of Opera's mobile browsers worldwide. In Russia, the Opera's browsers for phones constitute more than a 66 percent market share, according to StatCounter, a third-party source that tracks browser market share.

"This integration with Yandex.Money gives our users in Russia and the CIS countries a lot more convenience when buying apps from the Opera Mobile Store and a reason to come back frequently," said Lars Boilesen, CEO, Opera Software. "As we roll out support for Yandex.Money within our Opera Mobile Store, we will continue to work with Yandex to enable the same frictionless user experience for other publishers and partners within the mobile ecosystem."

"E-Money is widely recognized as the most convenient micropayment tool in Russia and the CIS. Yandex.Money customers have long been paying for digital content and they appreciate the ease and safety with which they can tie their banking card with their Yandex.Money account, and how their e-wallets can be topped up via cash machines, bank transfers or at retail stores," said Jane Zavalishina, CEO, Yandex.Money. "We are happy that our partnership with Opera is growing and we welcome Opera's decision to make its products more available on the local markets."

For more information, visit Opera at Mobile World Congress located at Hall 1 at Booth C44. To schedule an interview or demo of Opera's latest offerings at the show, contact PÃ¥l Unanue-Zahl.

About Yandex.Money

Yandex.Money is the largest electronic payment system in Russia offering easy, safe and reliable methods for paying for purchases online. Every day, the system adds over 9,000 new accounts and sees more than 100,000 customer payments for products and services. Yandex.Money is accepted in more than 3,500 online stores. Online customers can use Yandex.Money to pay for products and services ranging from web hosting and mobile bills to clothes and event tickets.

About Opera

Opera enables more than 350 million internet consumers worldwide to connect with the content and services that matter most to them. Opera also helps publishers monetize their content through advertising and advertisers reach the audiences that build value for their businesses, capitalizing on a global consumer audience reach that exceeds 1 billion.

Opera is a trademark of Opera Software AS.