Tinkoff Checkout is a ‘one-stop shop’ designed for merchants to accept payments. It offers point of sale (PoS) loans or buys now pay later (BNPL) options. It also includes accounting-related tools, such as fiscal cash registers – which help to determine tax. Tinkoff was to be acquired by Russian technology firm, Yandex, for $5.5 billion. But it pulled out of negotiations in October, sparking a sigh of relief from rivals. It has also explored the possibilities of launching an offshoot fintech venture offering non-credit financial products in Europe in the future.