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Russia's Yandex Money adds Apple Watch support

Yandex Money, which is considered the equivalent of PayPal in Russia, announced that it has released an app for its service for the Apple Watch.

Consumers can use the app to top up their mobile phone minutes or transfer funds to other Yandex users, according to a press release. The app also includes options for checking the balance of an account and receiving push notifications about various financial transactions.

Overall, Yandex Money hosts 25 million user accounts and is a joint service between web search engine Yandex and Sberbank.