The Internet’s Money

Regional processor · Europe

Does Xendit work in Russia?

No.

Xendit does not onboard businesses registered in Russia.

What a business in Russia can use

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

Accept paymentsNot available

Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico.

Pay people abroadNot available

Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US.

Multi-currency accountNot available

Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account.

Business cardsNot offered

Xendit does not offer this.

StablecoinsNot offered

Xendit does not offer this.

Yield on idle cashNot offered

Xendit does not offer this.

Xendit fully verifies businesses incorporated in Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Hong Kong and Singapore. Businesses incorporated elsewhere can apply as a foreign entity but get a partial product set (for example, no card acceptance in Indonesia, the Philippines or Thailand). Businesses linked to a prohibited country (Belarus, Cuba, Iran, Myanmar, North Korea, Sudan, and Ukraine's Crimea, Donetsk and Luhansk regions) are rejected, including through a UBO, director or authorised representative from one.

Onboarding confidence: medium. Source: Xendit docs: Create account (required documents by country of incorporation). Everything about Xendit

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 Xendit work in Russia?

No. Xendit does not onboard businesses registered in Russia.

What are the alternatives to Xendit in Russia?

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

Xendit elsewhere in Europe

Other providers in Russia