The Internet’s Money

Merchant of record · Europe

Does Polar work in Russia?

No.

Polar does not onboard businesses registered in Russia.

What a business in Russia can use

Polar’s products, for a company incorporated in Russia.

Accept paymentsNot available

Polar is merchant of record for software, SaaS and digital products, handling checkout, subscriptions, usage billing and international sales tax, and pays out through Stripe Connect Express.

Pay people abroadNot offered

Polar does not offer this.

Multi-currency accountNot offered

Polar does not offer this.

Business cardsNot offered

Polar does not offer this.

StablecoinsNot offered

Polar does not offer this.

Yield on idle cashNot offered

Polar does not offer this.

Sellers need a Stripe Connect Express payout account in one of Polar’s listed countries, with a bank account in the same country and currency. Stripe Payments itself does not need to be available there; individuals can sell where Stripe Connect Express allows individual accounts.

Onboarding confidence: high. Source: Polar docs: Supported countries (payout countries). Everything about Polar

Alternatives in Russia

Other providers that serve businesses registered there.

None of the other providers we track onboard businesses registered in Russia.

Selling to Russia

How people there prefer to pay online.

  1. 1Mir cards
  2. 2SBP (Faster Payments System, incl. QR)
  3. 3SberPay / Tinkoff Pay

Stablecoin rules in Russia

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

Everything about 🇷🇺 Russia →

Common questions

Does Polar work in Russia?

No. Polar does not onboard businesses registered in Russia.

What are the alternatives to Polar in Russia?

None of the other providers we track onboard businesses registered in Russia.

Polar elsewhere in Europe

Other providers in Russia