PayCash is a Russian electronic payment platform for making anonymous Internet purchases with cash via kiosks.
The system is based on the technology proposed in the eighties by Dutch David Chaum. PayCash is developed by CJSC "Processing Technologies" and JSC «Aerospace Equipment Corporation», with the financial support from Tavrichesky Bank. PayCash owns 4 patents on technologies used in the system.
Several major projects are implemented based on the PayCash technology: Yandex.Money, payment system, currency is Russian ruble E-port (acquired by Qiwi), Russian payment service provider MOBI.Money, payment services MonetaExpress, money transfer system iDealer (acquired by ), a network of automated kiosks for accepting payments in Russia and Ukraine iDram, payment system, currency is Armenian dram CyberCheck, payment system MegaFon, payment system MTS. payment system Ozon.ru, payment system 7-Eleven, payment system
References
https://web.archive.org/web/20190329112756/https://www.kommersant.ru/doc/755615 https://www.cnews.ru/reviews/free/finance2003/part4/ https://web.archive.org/web/20211108162229/https://www.cnews.ru/reviews/free/payments/articles/yandex.shtml https://www.e-moneynews.ru/internet-payment-sistems/paycash/