Exhibit 8.1



|                                             |  |                                                                         |  |                              |  |                                        
|-------------------------------------------- |  | ----------------------------------------------------------------------- |  | ---------------------------- |  | ---------------------------------------
|Subsidiary                                   |  | Main activity                                                           |  | Jurisdiction ofincorporation |  | Ownershipinterest as ofDecember 31,2015
|JSC QIWI                                     |  | Operation of electronic payment kiosks                                  |  | Russia                       |  | 100%                                   
|CJSC QIWI-Service1                           |  | Corporate center of the Group                                           |  | Russia                       |  |                                       
|QIWI Bank JSC                                |  | Maintenance of electronic payment systems                               |  | Russia                       |  | 100%                                   
|CJSC QIWI International Processing Services1 |  | Operation of on-line payments                                           |  | Russia                       |  |                                       
|QIWI Payments Services Provider Ltd          |  | Operation of on-line payments                                           |  | United ArabEmirates          |  | 100%                                   
|QIWI International Payment System LLC        |  | Operation of electronic payment kiosks                                  |  | USA                          |  | 100%                                   
|Qiwi Kazakhstan LP                           |  | Operation of electronic payment kiosks                                  |  | Kazakhstan                   |  | 100%                                   
|JLLC OSMP BEL                                |  | Operation of electronic payment kiosks                                  |  | Belarus                      |  | 51%                                    
|QIWI-M S.R.L.                                |  | Operation of electronic payment kiosks                                  |  | Moldova                      |  | 51%                                    
|United System of Instant Payments RO S.R.L.4 |  | Operation of electronic payment kiosks                                  |  | Romania                      |  | 100%                                   
|QIWI WALLET EUROPE SIA                       |  | Operation of electronic payment kiosks                                  |  | Latvia                       |  | 100%                                   
|IT Billion LLC                               |  | Operation of electronic payment kiosks                                  |  | USA                          |  |                                       
|QIWI USA LLC                                 |  | Operation of electronic payment kiosks                                  |  | USA                          |  |                                       
|QIWI Retail LLC (renamed from K5 Retail LLC) |  | Sublease of space for electronic payment kiosks in Russia               |  | Russia                       |  | 100%                                   
|Blestgroup Enterprises Ltd 3                 |  | Management services                                                     |  | Cyprus                       |  |                                       
|CMT Engineering LLC                          |  | Production and sales of kiosks                                          |  | Russia                       |  |                                       
|QIWI Management Services FZ-LLC              |  | Management services                                                     |  | United ArabEmirates          |  | 100%                                   
|QIWI Publisher LLC2                          |  | Sale of licenses and software                                           |  | Russia                       |  |                                       
|CIHRUS LLC                                   |  | Management services                                                     |  | Russia                       |  | 100%                                   
|Attenium LLC                                 |  | Management services                                                     |  | Russia                       |  | 100%                                   
|Gikor LLC                                    |  | Operation of on-line payments                                           |  | Russia                       |  | 100%                                   
|Processingovyi Tsentr Rapida LLC             |  | Operation of on-line payments                                           |  | Russia                       |  | 100%                                   
|Rapida LTD                                   |  | Maintenance of payment processing and money transfer settlement systems |  | Russia                       |  | 100%                                   
|Analiticheskiy Tcentr LLC5                   |  | Operation of on-line payments                                           |  | Russia                       |  | 100%                                   



|1 | As of April 30, 2015, the entities were reorganized in the form of accession to JSC QIWI.
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|2 | Subsidiary was liquidated in August, 2015.
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|3 | Subsidiary was liquidated in November, 2015.
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|4 | During the year ended December 31, 2015, the Group purchased the remaining 49% of United System of Instant Payments RO S.R.L for insignificant consideration.
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|5 | On December 3, 2015, the Group acquired 100% of Analiticheskiy Tcentr LLC for a cash consideration of 19,900.
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