YooMoney
Please be aware that Uteach support is not responsible for maintaining and troubleshooting issues within third-party tools.
Here are what payment methods YooMoney supports, the transaction fees it charges and business models you can use it for.
Main payment methods |
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Countries supported | Russia and nearby countries |
Pricing | Commissions depend on the area and payment method:
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Support for recurring payments | ✅ |
Security standards | Stores all personal data in fully vetted, DPA-compliant vendors |
Payout times | Immediately through the YooMoney API |
YooMoney, formerly known as Yandex.Checkout, is one of the most popular payment gateways in Russia, offering a wide array of payment methods and robust security features.
This integration will allow you to easily accept payments and provide a flexible payment experience for your students.
Once you get a YooMoney account, you will be able to
What is great about YooMoney is that it has Splits Payments functionality. So, if you have multiple authors and instructors within your online school, everyone can receive their share of the payment.
The platform also has the Safe Deal functionality, which puts the money on hold for 3 months. So, if you also sell physical items, like guides and books, you get paid once your students receive them. This will reduce any disputes you can have with clients.
Other key features of YooMoney include:
If you want to learn more about how to open a YooMoney account, check the video below.
To easily integrate YooMoney with your Uteach online school, you will need to provide a YooMoney Shop ID and the Secret key. You can find them within your YooMoney account once you navigate to the Settings section.
To integrate YooMoney with Uteach
For more steps and instructions, check out our article: YooMoney.
Receive payments
Once YooMoney is set up as your payment gateway, you can start receiving payments for all your products and courses.
Before setting up YooMoney, you need to select your country. If YooMoney isn't listed, your country may not support it.
YooMoney supports a number of countries, including Russia, Armenia,
Belarus, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Moldova, Tajikistan.
Next, choose the currency in which you want to receive payments, which will apply to all your courses and products. Note that Uteach only supports payments in one currency at a time.
Manage Refunds
You can issue refunds directly from your Uteach online school dashboard. You can issue a full refund or specify an amount for a partial refund.
To make a refund:
According to Banki, YooMoney has an average rating of 4.56 stars. Besides reviews, people also shared the issues they encountered and received detailed responses from the YooMoney team for their problems.
Among the 315 banks listed, YooMoney is in the 16th place based on visitor feedback. People like that they can manage their finances easily any time they want when there is an internet connection.
Does YooMoney have a mobile app?
YooMoney does have a mobile app, but its availability is limited. The app is not available on the Google Play Store or the App Store due to restrictions. However, you can manually download and install the app from the YooMoney website for Android devices. For iOS, you can add a shortcut to the YooMoney website on your home screen to access its services, as the app itself is not available for download from the App Store.
How does YooMoney handle chargebacks?
This is how the chargeback process goes with YooMoney.
When a user requests a chargeback, they send the request to the issuing bank. The bank reviews the details and determines whether to initiate the chargeback. If approved, the claim is forwarded to the payment system and then to the seller's bank, which in this case is YooMoney.
Once YooMoney receives the claim, they notify the seller so that they can dispute the chargeback together. Notifications about such claims are sent via email, so please ensure your active email address is listed in your Merchant Profile.
What should I do if my YooMoney account isn't connecting?
Verify your YooMoney account status and ensure you have entered the correct credentials. Contact Uteach support if the issue persists.
If you want to learn more about how you can use specific YooMoney features or need help with the tool, consider
If you need to contact the support team, you can do that here.
You can disable YooMoney integration if you do not want to receive payments using this method or want to choose another payment gateway.
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