Yandex.Money Introduces New Method of Confirming Payments

October 16, 2014

Yandex.Money has introduced a new method for confirming payments, whereby one-time passwords are generated by a mobile application. These passwords can be retrieved at any time, even without internet or mobile connection.

One-time passwords are always more reliable than permanent ones, because they can never be forgotten or stolen. Previously, users could only receive one-time passwords from text messages or physical tools such as e-tokens or code charts. Now, users simply open the mobile application and tap “Get Password”. They don’t even need to sign in when using this method.

The new feature will be available soon for smartphone owners via Android, iOS, and Windows Phone. Users can find out how to switch to one-time passwords under Wallet Preferences on Yandex.Money.