Qiwi is a financial technology company that operates electronic online payment systems. The company provides payment services across physical, online, and mobile channels through a network of kiosks and terminals that run its proprietary software. The company provides online mobile payment processing and online money transfer systems that allow account holders to pay for the products and services of merchants, as well as perform peer-to-peer money transfers through a virtual wallet in the online and mobile environment. In addition, the company offers payment-by installments card systems under the SOVEST brand name.