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Russian Internet Company Mail.Ru Opens Up Crypto Payments For Advertising

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Wed, 7/03/2018 - 8:47
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Russian Internet Company Mail.Ru Opens Up Crypto Payments For Advertising
Cover image via U.Today
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Mail.Ru Group, a major Russian Internet company and original mail service provider, has expanded its reach to accept cryptocurrency for advertising payments. The hope is that this will aid in the ease of payment for those already using cryptocurrencies as it allows payments to be made in BTC and BCH.

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Users can choose to pay in cryptocurrency for advertising on Mail.Ru Group's properties, including VK, OK and Mail.Ru. Additionally, it will allow for cryptocurrency payments processing via its international brand My.com, Mail.Ru Group is partnering with BitPay, a well-regarded Bitcoin payment processor. BitPay will convert cryptocurrencies into cash and will take the exposure.

"We want to provide the best service for our business partners. MyTarget will be the first step in creating a new ecosystem that will further develop and embrace other Mail.Ru Group's products, including games," commented Dmitry Sergeev, CEO of Mail.Ru Group.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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