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April 19, 2015 12:02 PM ET

IT Services

Company Overview of Qiwi plc

Company Overview

Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in Russia, Kazakhstan, Moldova, Belarus, Romania, the United States, and the United Arab Emirates. It provides payment services through operating approximately 142,000 kiosks and 38,000 terminals in its payment processing platform. The company also offers Visa Qiwi Wallet, an online and mobile payment processing, and money transfer system that allows accountholders to pay for the products and services of merchants, as well as to perform peer-to-peer money transfers through a virtual wallet in the online and mobile environment; and provides Visa-branded prepaid cards. Qiwi plc was incorporated in 20...

Kennedy Business Centre

2nd Floor

Kennedy 12

Nicosia,  1087

Cyprus

Founded in 2007

1,121 Employees

Phone:

357 2 2653390

Key Executives for Qiwi plc

Qiwi plc does not have any Key Executives recorded.

Qiwi plc Key Developments

Qiwi Stake May Be Acquired By Otkritie

Qiwi plc (NasdaqGS:QIWI), which has initially interested in Unistream, is looking for further merger and acquisitions. Now the company is looking at the acquisition of Contact again. A potential transaction may be announced in summer of 2015 and could involve the transfer of a Qiwi stake to Public Joint-Stock Company Bank Otkritie Financial Corporation (MICEX:OFCB).

Qiwi plc Proposes Amendments to its Articles of Association

Qiwi plc at its extraordinary general meeting of shareholders to be held on April 28, 2015, proposed amendments to the Articles of Association.

Qiwi plc Announces Not to Declare a Dividend for the Fourth Quarter of 2014

Qiwi plc announced that in light of the current geopolitical concerns around Russia and its negative impact on the economy and liquidity, management believes it is prudent not to declare a dividend for the fourth quarter of 2014. The company will revisit this decision each quarter moving forward with an intention to return to historical payout levels.

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