Electronic money: value, types, prospects. Electronic payments: advantages of systems

Most active Internet users use electronic money to pay for goods and services online. Payments using electronic money are instant, and they are a good alternative to bank cards and accounts. Most novice Internet users have heard about electronic money, but have a very superficial understanding of it. However, as you master the computer and the World Wide Web, sooner or later, a moment will arise when you need to make a payment online.

In this article we will talk about what electronic money is, the history of its origin, how to start it, its advantages and disadvantages.

Electronic money (or in other words, virtual money) cannot be touched or put in a wallet, but it has the same value as physical money. And this is not surprising, because... In order for you to have electronic money on the Internet, you need to add real banknotes there to exchange for an electronic equivalent or receive them from someone by transfer, who in turn also deposited real banknotes, i.e. Electronic money on the Internet does not appear out of nowhere like in a fairy tale.

Virtual funds can be compared to a bank card to which your salary was transferred. You cannot touch the money, but you can pay with it or transfer it from card to card using online banking via a computer or smartphone.

To receive, store and make payments with virtual money, you must have an account in a payment system that handles electronic money. There are a large number of payment systems on the Internet, both foreign and Russian. They do not issue money like the Central Bank, but simply provide operational services for a small commission percentage.

Here is a small list of what you can pay with virtual funds:

goods and their delivery in online stores;
mobile communications;
buy tickets;
book hotel rooms;
pay for housing and communal services;
pay fines.

And in general, any goods or services sold via the Internet can be paid for with electronic money.

History of electronic money

The official history of electronic money dates back to 1993, when European central banks drew attention to the growth of electronic payments on the Internet and initiated a study of this phenomenon. In 1994, according to the results of a study, electronic financial transactions were officially recognized on the Internet. And since 1996, the central banks of the Big Ten countries began to carry out financial monitoring of electronic money in countries with a developed Internet.

On the territory of Russia, electronic money has been used for the first time since the mid-90s of the last century, gradually increasing turnover and actively developing. By 1998, the first electronic payment system (EPS) Webmoney appeared in Russia, carrying out transactions in all major currencies.

On at the moment The most common electronic payment systems in Russia are:

Yandex money.
Qiwi.
Webmoney

Payments from the above systems are accepted by all online stores in Russia

To pay for goods and services with electronic money, you need to open an account, or a so-called “wallet,” in one of the EPS (electronic payment systems) that you are going to use.

To create electronic money you must complete the following steps:

Register in the selected electronic payment system and receive an account number, the so-called “wallet”.
Identify yourself. Without personal identification, the use of EPS is possible only with restrictions.
Enter the required amount in real money to your wallet in any way (through a terminal, communication shops, online banking, from a bank card, etc.) that is available for this payment system.

Registration and further work should not cause any problems with your wallet, you just need to follow step by step instructions payment system.

Advantages of electronic money

The main advantages of electronic money are:

Instant payment for goods and services at any time of the day using a computer or smartphone. Each payment system has an application for a mobile device.
Quick transfer of funds to relatives and friends.
Quick replenishment of your wallet with a minimal commission or no commission at all, depending on the replenishment method.
Easy to use and create an account.
All popular payment systems issue virtual or real map, from which you can make payments online without fear of exposing your main salary or credit card. And in the case of receiving a physical plastic card from the payment system, you can pay with it in ordinary stores or withdraw money from it that was transferred to you in the system.

Disadvantages of electronic money

Along with undeniable advantages virtual money also has a number of disadvantages.

Commission when withdrawing funds from your wallet to your bank account or card.
Commission for withdrawing electronic money from a payment system card.
If you lose your password, you lose access to your wallet, which will be difficult to recover.
It is possible that the wallet could be hacked by attackers and therefore lose money.

Do not forget about the payment system, and also do not allow your password to become known to anyone, otherwise you may lose all the funds in your electronic wallet. When registering a wallet, come up with one that will be impossible to match.

In addition, despite the serious measures taken by payment systems to protect user funds, the possibility of wallet hacking cannot be completely ruled out. Therefore, do not constantly store large amounts in your EPS account.

Share.

Development e-commerce and Internet earnings has led to the rapid development of electronic payment systems (EPS), which offer every user " world wide web"use electronic money for certain purposes.

At the moment, there are already several dozen payment systems in Russia alone, and even more in the world. Of course, not all of them are heard. Of course, it will not be possible to cover all the EPS, but we will consider the most popular ones.

Payment systems of Russia

In Russia, there are several leading payment systems. In each individual case, you need to choose exactly according to your needs.
For example, Qiwi is truly a “people's” system and everyone who knows what payment terminals are works with it.
At the same time, WebMoney is used by almost everyone who makes money in the Russian-speaking part of the RuNet.
Yandex Money and others have their own audience electronic wallets.

You can withdraw electronic money from Qiwi in different ways(through instant payment systems, to bank details or to payment cards), but in most of them they will charge you a certain percentage (commission).
But there is still a way to withdraw interest-free and quite convenient cash- order a QIWI Visa Plastic card from them, with which you can pay for purchases both on the Internet and in regular stores, and no commission will be charged for this.

These electronic money do not have such popularity outside the Internet (like Qiwi). Not so many users pay for communal services, but the bulk of the money earned in RuNet is received and withdrawn from this Internet payment system.

This system is attractive because you can link a plastic card to your wallet, so that you can then use it to pay in stores and in all other places where MasterCard is accepted. In this case, the account on the electronic wallet is equal to the balance on the card and no interest is charged for such use (a commission is charged only when withdrawing money from an ATM).
Very convenient way withdrawal of earnings on the Internet.

The main purpose of electronic money from mail.ru is to make online payments, for which the tariffs have been optimized - you will not be charged interest for entering and paying for goods in online stores. But for internal transfer and even more so, there is a commission for withdrawals (withdrawing money in real life through Mail.ru is generally very unprofitable compared to other payment systems).

In general, they are ideal for those who use them to pay for games on Mail.ru or any other services, and also receive transfers within the system.

More recently, Money Mail.ru was swallowed up by the insatiable QIWI.

International payment systems

PayPal is fiat electronic money, unlike many other payment systems. The purpose of creating this system was to ensure the security of payments from a card linked to an account. In this case, you do not need to fill out your card details, and also receive some guarantee from the system regarding the delivery of goods paid for via Paypal.

If the goods were not delivered or were not of proper quality, that is, there is a very real possibility of returning the money by opening a dispute (within a month and a half after payment). Read more about how on our website.

This system also has its drawbacks, of course. In my opinion, there is very high interest rates for replenishing your wallet (compared to the usual RuNet payment giants), but in many cases this is still more profitable than using some other payment systems or schemes for withdrawing money from the Internet.
Read how to start one on our website.

Verification in the system is not required and you can easily receive, deposit and withdraw money from Perfect Money anonymously. But... If the system suspects that you are committing fraudulent actions, your wallet may be blocked.

Properties of electronic money

Main characteristics of electronic money:

the monetary value is recorded on an electronic device;
it can be used for a variety of payments;
payment is final.

Nevertheless, the issue of independently identifying electronic money as a separate type remains debatable, as does their definition, role and functions.

In modern times, electronic money is fiat money, have a credit basis, perform the functions of a means of payment, circulation, accumulation, and have a guarantee. The basis for issuing electronic money into circulation is cash and non-cash money. Electronic money acts as a monetary obligation of the issuer when servicing non-cash turnover as a requirement for it. They can be considered as an element of the monetary aggregate. Automatic maintenance of bank accounts (crediting and debiting funds, transfers from account to account, interest calculation, monitoring the status of settlements) is carried out electronically (electronic transfers). Tools for electronic access to accounts are constantly evolving, however, money is still presented in the form of account records.

Properties of electronic money are based both on traditional monetary properties (liquidity, portability, versatility, divisibility, convenience) and on relatively new ones (security, anonymity, durability). However, not all of them in the process of application meet the requirements of high liquidity and stable purchasing power, and therefore their issue and use in circulation require a special procedure for regulation and control. Electronic access tools include payment cards, electronic checks, and remote banking.

Calculations on the Internet. "Network" electronic money

These calculations are based on the concept of electronic cash. Electronic cash is digital cash in electronic form, used in network payments, which are electronic bills in the form of a set of binary codes existing on one or another medium, transported in the form of a digital envelope over the network. Electronic cash technology allows you to pay for goods and services in the virtual economy by transferring information from one computer to another. Electronic cash, like real cash, is anonymous and reusable, and digital banknote numbers are unique. They can be transferred from one person to another, bypassing the bank, but at the same time keeping them within network payment systems. When paying for a product or service, digital money is transferred to the seller, who either transfers it to a bank participating in the system for crediting to his account, or pays his partners with it. Currently, various network payment systems are widespread on the Internet.

Yandex.Money. In mid-2002, Paycash entered into an agreement with the largest search engine Runet Yandex about the launch of the Yandex project. Money (universal payment system created in 2002). The main features of the Yandex payment system. Money:

electronic transfers between user accounts;
buy, sell and exchange electronic currencies:
pay for services (Internet access, cellular communication, hosting, apartment, etc.);
transfer funds to a credit or debit card.

The transaction fee is 0.5% for each payment transaction. When withdrawing funds to a bank account or other method, the Yandex.Money system withholds 3% of the amount of funds withdrawn, in addition, an additional percentage is charged directly by the transfer agent (bank, post office, etc.).

WebmoneyTransfer - payment system, which appeared on November 25, 1998, is the most widespread and reliable Russian electronic payment system for conducting financial transactions in real time, created for users of the Russian-speaking part of the World Wide Web. Anyone can become a user of the system. The means of payment in the system are title units called WebMoney, or WM for short. All WM is stored in so-called electronic wallets. The most common types of wallets are:

WMZ - dollar wallets;
WMR - ruble wallets;
WME - wallets for storing euros;
WMU - wallets for storing Ukrainian hryvnia.

The WebMoney Transfer payment system allows you to:

realize financial transactions and pay for goods (services) on the Internet;
pay for services mobile operators, Internet and television providers, pay for media subscriptions;
exchange WebMoney title units for other electronic currencies at a favorable rate;
make payments by email, use your mobile phone as a wallet;
owners of online stores accept payments for goods on their website.

WM is global information system transfer of property rights, open for free use by everyone. Using WebMoney Transfer, you can make instant transactions related to the transfer of property rights to any online goods and services, create your own web services and network enterprises, carry out transactions with other participants, issue and maintain their own instruments.

There are several ways to replenish your WM wallet:

by bank transfer (including through Sberbank of the Russian Federation);
postal transfer;
using the Western Union system;
by exchanging rubles or currency for WM at an authorized bank or exchange office;
by receiving WM from any of the system participants in exchange for services, goods or in exchange for cash;
using a prepaid WM card;
through the E-Gold system.

RUpay- The payment system, operating since October 7, 2002, is an integrator of payment systems, where payment systems and exchange offices are programmatically combined into one system.

Main features of the RUpay payment system:

making electronic transfers between user accounts;
buy, sell and exchange electronic currencies with a minimum commission;
make payments to other electronic payment systems: WebMoney, PayPal, E-gold, etc.;
accept payments on your website in more than 20 ways;
receive funds from the system account at the nearest ATM;
manage your account from any computer connected to the Internet."

PayCash- electronic payment system. Began her work on Russian market in early 1998, is positioned primarily as an accessible means of fast, efficient and secure cash payments on the Internet.

The main advantage of this payment system is the use of its own unique developments in the field of financial cryptography, highly appreciated by Western experts. The PayCash payment system has a number of prestigious awards and patents, including the “Certificate of Special Recognition from the US Congress.” At the moment, such well-known payment systems as Yandex operate using PayCash technology. Money (Russia), Cyphermint PayCash (USA), DramCash (Armenia), PayCash (Ukraine).

PayCash is based on digital cash technology. From the point of view of the user (seller or buyer), PayCash technology represents many “electronic wallets”, each of which has its own owner. All wallets are connected to a single processing center, where information received from the owners is processed. Thanks to modern technologies users can carry out transactions with their money without leaving the computer. The technology allows you to transfer digital cash from one wallet to another, store it in online banking, convert it, withdraw it from the system to traditional bank accounts or to other payment systems.

E- gold- an electronic payment system created in 1996 by Gold&Silver Reserve (G&SR). E-gold is an American electronic money payment system, the main currency of which is precious metals - gold, platinum, silver, etc., and this currency is physically backed by the corresponding metal. The system is completely international, works with all currencies of the world, and anyone can access it. The reliability of this payment system is guaranteed by US and Swiss banks. The main difference between the e-gold payment system is that all funds are physically backed by precious metals stored in Nova Scotia Bank (Toronto). The number of users of the c-gold payment system in 2006 was about 3 million people. The main advantages of the e-gold payment system are as follows:

internationality - regardless of place of residence, any user has the opportunity to open an account in e-gold:
anonymity - not presented when opening an account mandatory requirements to indicate the user’s real personal data;
ease and intuitiveness - the interface is intuitive and user-friendly;
no additional software installation required;
versatility - the widespread use of this payment system allows it to be used for almost any financial transaction.

You can enter money into the system in two ways: receive a transfer from another participant or transfer money in any currency to the E-gold system using the mechanism described on the website via bank transfer.

You can receive or cash out money by ordering a bank transfer on the E-gold website, making a transfer to other systems (PayPal, WebMoney, Western Union) or to any credit or debit card.

Stormpay- payment system opened in 2002. Any user can register in this system, regardless of country of residence. One of the advantages of the system is its versatility and lack of attachment to a specific geographical region, since the system works with all countries without exception. The account number in the Stormpay payment system is the address email. Its main drawback is the inability to convert funds from a Stormpay account to E-gold, WebMoney or Rupay. This payment system allows you to transfer funds to credit cards.

PayPal- electronic payment system, one of the most popular and reliable among foreign payment systems. By early 2006, it served users from 55 countries. PayPal was founded by Peter Thiel and Max Levchin in 1998 as a private company. PayPal provides its users with the ability to accept and send payments using email or mobile phone with access to the Internet, but, in addition, users of the payment PayPal systems have the opportunity:

send payments (Send Money): transfer any amount from your personal account. In this case, the recipient of the payment can be either another PayPal user or an outsider;
execute a request to receive payment (Money Request). Using this type of service, the user can send letters to his debtors containing a request for payment (issue an invoice for payment);

place on the website special tools for accepting payments (Web Tools). This service is only available to Premier and Business account holders and is recommended for use by online store owners. In this case, the user can place a button on his website, by clicking which the payer is taken to the payment system website, where he can complete the payment procedure (you can use a credit card), after which he returns to the user’s website;

use auction trading tools (Auction Tools). The payment system offers two types of services: 1) automatic mailing requests to receive payment (Automatic Payment Request); 2) auction winners can make payments directly from the website where the auction is held (Instant Purchase for Auctions);
carry out financial transactions using a mobile phone (Mobile Payments);
make simultaneous payment a large number users (Batch Pay);
carry out daily transfer of funds to a bank account (Auto-Sweep).

In the future, the possibility of receiving interest for storing funds in the account is being considered.

Moneybookers- electronic payment system, opened in 2003. Despite its relative youth, it successfully competes in many areas with such a giant as PayPal. The main advantage of this payment system can be considered its versatility. Moneybookers is easy to use for both individuals and owners of online stores and banks. Unlike PayPal payment the Moneybookers system serves users in more than 170 countries, including Russia, Ukraine and Belarus. Moneybookers features:

installation of additional software is not required for operation;
The Moneybookers user account number is the email address;
the minimum transfer amount to Moneybookers is 1 euro cent (or the equivalent in another currency);
opportunity automatic sending funds on a schedule without user participation;
the system commission is 1% of the payment amount and is deducted from the sender.

Electronic money was introduced to simplify payments on the Internet. They are used to pay remote workers (freelancers) and pay for goods and services. Usually people come across them when they are planning to make money online. After all, this is the money that is used to pay for labor.

Electronic money is a means that is used to pay for goods and services on the Internet, and it has the same value as real money.

For example, I want to make transfers via the Internet from English language. I find a website where I can take orders and start working. Let's say I completed an order and some amount was credited to me. In order to get it, you need to have a personal e-wallet. I indicate it on the site, and the money I earn comes to this wallet. Then you can spend them online or receive them in cash.

Types of electronic money

All types of electronic money will not be considered here, otherwise it won’t be an article, but whole book(there are too many of them). I will tell you only about the most popular ones, and, therefore, about those that are used by the majority.

Yandex.Money

Yandex.Money is the most popular online payment system in Russia. Instant payments, payment for goods and services on the Internet, transfer to a bank account or bank card.

Operating principle. First you need to register. This is done in the same way as on other sites. After registration, you are immediately given a wallet number - this is a long set of numbers. It must be indicated for mutual settlements.

Example (part of the number is hidden):

That's all - the wallet immediately starts working. You can top it up and pay for goods and services online. And also receive and send money transfers.

Note: If you have mail on Yandex, then you don’t have to register at all. Just go to your inbox and click on the “Money” link at the top.

The wallet is managed through the system website money.yandex.ru

How to top up your account:

Via a bank card;
Via mobile;
Cash at Sberbank, Euroset, Svyaznoy.

In addition, there are other ways to replenish: through Internet banking, bank transfer, other electronic money, through transfer systems (CONTACT, Unistream, City, Russian Post).

How to withdraw money:

Withdraw to a bank card.
Send to bank account.
Receive cash through Western Union and Unistream.

Directly on the Yandex.Money website you can pay for telephone, internet, any receipts, traffic police fines, taxes, public utilities, repay the loan and much more.

You can also order a bank card. Then you will receive a real plastic card by mail, tied to your wallet. This makes it possible to withdraw Yandex.Money in cash from ATMs and pay with it in regular stores.

The system also allows you to open for free virtual card. This is an analogue of a plastic card, but it can only be used on the Internet: pay for purchases on a website where cards are accepted for payment (eBay, App Store, Google Play and others).

Note: When you register, you receive a Yandex account along with your wallet. And that means also mail, Yandex.Disk ( cloud storage) and access to other services.

Webmoney

Webmoney- largest system electronic payments in Russia. Payment for services, transfers, loans. WebMoney is available not only in Russian rubles, but also in other currencies: dollars, euros, hryvnias, Belarusian rubles, Kazakhstani tenge.

Operating principle. We register and immediately receive a number in the system, which is called WMID. Next, you will need to create a wallet in the desired currency. There can be several of them, both for one currency and for different ones. Each wallet will have its own unique number. This is what you need to send and receive money.

You can attach a bank card, bank account or e-wallet from another system to WMID. You can also issue a virtual card for making purchases on the Internet.

The account is managed through the website webmoney.ru or mobile application. You can also use a special computer program Keeper WinPro, but it is more difficult to work with.

Among the disadvantages, it should be noted that this system is not as simple as others. It seems that it is written in an accessible way, but in practice difficulties arise. All these certificates, restrictions, types of wallets. In general, it takes some time to figure it out.

PayPal

PayPal is the most popular system electronic money in the world. Suitable for payments between foreigners and purchases in foreign online stores (eBay and others).

Operating principle. Register on the site. This procedure is more complicated than in other systems - you need to provide your full data (full name, address, phone number, etc.). After this, the system will open an account. It does not have a number; the email address specified during registration will be used instead.

To pay for purchases and services via PayPal, you need to link a plastic card to your account on the website. The money will be debited directly from her.

If you plan not to spend, but to receive money, then it will be credited to an internal account in the system. Then you can withdraw them to your bank account.

Management occurs through personal account on paypal.com or through the mobile application.

Qiwi

Qiwi is another popular system in Russia. Very convenient for personal use. Simple, intuitive.

Registration takes place using a mobile phone number, which is an account in the system. This account can be easily topped up via payment terminal, bank card or mobile balance.

You can release virtual or regular plastic card, pay directly on the website for a lot of services (telephone, Internet, games, credit and others), send a money transfer. In general, do almost everything the same as in the Yandex.Money system.

Account management occurs through your personal account on the website qiwi.com or through a mobile application.

Which system to choose

For work. On the Russian-speaking Internet, Webmoney or Yandex.Money is most often used, on the English-speaking Internet - PayPal. If you have a choice, I recommend choosing Yandex.Money. They are easier to put on and take off. And the system itself is simpler.

For life. If electronic money is needed to pay for games, buy OKs on Odnoklassniki or Golosov on VKontakte, then it is better to choose QIWI or Yandex.Money.

Through these systems, you can instantly issue a virtual card and make payments throughout the Internet, including on foreign sites (ebay, aliexpress and others).

Safety

Despite the fact that electronic money systems are currently very reliable, users still manage to lose their money. The reason is either ignorance of the banal rules of safe work on the network, or laziness. Therefore, below I will give simple, but effective ways protection.

Antivirus. Such a program must be installed on the computer. And it is imperative that it be updated, that is, it always has relevant antivirus databases. It is better, of course, to use paid products such as Kaspersky Anti-Virus, but if this is not possible, use free Avast.

Strong password. Use a password of at least eight characters. It is better if these are both letters and numbers. Moreover, the letters are both uppercase and lowercase. Do not use your date of birth, phone number, or other personal information in your password.

Identification. This is a procedure that allows the payment service to see you as a respectable user. It concerns mainly Russian systems electronic money. Its meaning is that you need to indicate real passport data and show the document to an authorized person. Then your status will change and this will give certain advantages.

In addition, this will provide additional protection from scammers. After all, according to the law, if money is stolen from the account of an identified user, the system is obliged to return it (provided that he contacts the support service no later than 24 hours after the money is written off and the system confirms the fact of hacking).

In Yandex.Money and QIWI, the procedure for confirming your identity is called identification, and in Webmoney it is called certification.

By the way, many payment services greatly reduce the opportunities for “anonymous” users. For example, Yandex.Money prohibits such users from receiving and sending funds to other wallets, making transfers to bank cards and bills.

Address verification. Before entering your wallet number (login) and password to log in, check whether the site is open correctly.

Fraudsters often send fake emails purporting to be from the electronic money support service. For example, that a payment has been received into your account or, conversely, that the account has been blocked. Such messages may look very believable, but when you click on the link from the letter, a fraudulent site opens. Moreover, it usually looks the same as the real thing.

Only the site address is different. And if the user does not notice this and enters his data, the attacker will immediately receive it and be able to withdraw money. So before you log into your wallet, look at address bar browser. The correct payment system address must be written there.

Example correct address Yandex.Money:

Additional protection. If payment service has additional protection, you should enable it. This is done in the wallet settings. Usually this is login protection or confirmation of payments via SMS message. That is, until the code sent in the message is entered, the operation will not be performed. In this case, even if an attacker enters your password, he will not be able to withdraw anything from the account.

And most importantly: never give out your wallet password or card details!

And finally

Commissions. Almost every system has commissions. They charge some percentage for deposits, transfers, and withdrawals from the account. To avoid surprises, carefully read the information on the website - everything is written there.

Spend, don't save.. Electronic money is not backed by government gold reserves. We can say that this is an idea of this or that organization, and only it is responsible for them. Therefore, they should be used only as a means of payment, and not as a savings account. You should also not make large payments with such money.

P.S.

Often people actively use the Internet, but they do not have any electronic money. And this is normal, because now almost all goods and services can be paid for by card. This is much easier than creating some kind of wallets and understanding them.

But if you are going to earn money on the Internet or order services from other people, then electronic currency- the first thing you have to face. After all, this is the simplest and safe way calculation.

Hello! Igor Zuevich is in touch, and today we’ll talk about money on the Internet. No, not about how to earn it, but about what electronic money is and how to use it.

It cannot be considered as a way to preserve accumulated funds. Payment systems will not pay you interest, and your money is subject to certain risks.

To date, the activities of payment systems are not fully regulated by law. If you lose money, you can sue the company founder and recover the lost amounts from him.

But you won’t be able to receive compensation from the state; it can only be paid in the event of loss of bank deposits.

Which payment system to choose?

In order to use virtual funds, you must select payment system. It's not difficult at all.

The electronic payment system is selected taking into account the following criteria:

Convenient and simple interface for the user;
Possibility of round-the-clock replenishment of your wallet and withdrawal of funds to a bank card;
Some experience in the functioning of the payment system on the Internet market;
The popularity of the payment system on the Internet, is it used for payments in which you plan to order goods;
High degree of protection against unauthorized use of funds in the electronic wallet by third parties.

Popular payment systems

The most popular electronic payment systems on the Internet are:

Webmoney- has a high degree of protection. Allows you to pay for goods and services via the Internet, ensuring the security of payments. For people far from the Internet, the system is difficult to understand. Unfortunately, there are interruptions in the system, and sometimes you will have to wait. Be prepared for the fact that almost every expense transaction is accompanied by a commission;

Yandex.money will allow you to instantly make money transfers and pay for purchases. The system has low commissions for transactions, which gives it an advantage over its competitors. The disadvantage of the system is the very expensive withdrawal of funds;

Qiwi, CyberPlat, RBK Money less common among Runet users. Each system has advantages and disadvantages, which you can learn about by becoming a user of the system. We recommend trusting your money to market leaders.

PayPal the largest electronic payment system, which is gradually gaining popularity in RuNet. Only a month ago it became possible to withdraw funds to a card account opened in a Russian bank, although the payment acceptance function has been available to Russian users for two years, since 2011.

You can open currency or ruble electronic wallets. The exchange between virtual money vaults is simplified as much as possible and takes no more than 5 minutes.

How not to make a mistake when choosing an electronic money system?

The disadvantages of electronic wallets today are quite high risks.

You may encounter the following risks when using electronic money:

Financial losses. May occur in case of transfer of identification data or interception of SMS passwords. Bankruptcy of a payment system can also trigger a loss of funds;
Impossibility of payment at a specific point in time;
Lack of legislative norms regulating the activities of payment systems;
Holes in the security system of electronic wallets open up opportunities for advanced hackers to steal your money;
Additional costs associated with the payment of commissions;
Problematic recovery, access to electronic wallet due to his loss.

But, despite the shortcomings as such, you will appreciate the benefits of using electronic money.

How to top up your online wallet?

You can deposit money into your virtual wallet in two main ways:

Cash through payment terminals;
In cash or non-cash through banking institutions.

Withdrawal of funds from an electronic wallet

If you need to turn electronic money into real money, you can use special services. About 10 sites work with each payment system. So, for example, to withdraw funds from WebMoney, you can use the wmtocard or inchange services. The commission for transferring money to a plastic card can range from 2 to 5 percent. All calculations are made within 5 minutes.

Benefits of electronic wallets

Very often you can hear the question: “what are the benefits of electronic money?” The main benefit is the efficiency and ease of payments. Although, some advanced users manage to make money by exchanging electronic money between various types wallets and payment systems.

Mutual aid societies also appear on the RuNet, the purpose of which is to provide borrowed funds to other participants in the system for a certain fee.

Electronic payment systems in Russia provide alternative sources calculations. Many financiers argue that in the future electronic money will replace real money.

Whether this is so, you and I will find out after a while, but for now we carefully select a payment system and join modern systems calculation. When making payments, we pay attention to security; we do not store passwords in wallets and passports.

As you can see, if you generally know how everything related to electronic money works, then using it in your calculations via the Internet will not be difficult at all. As always, the main thing is to act correctly and you will succeed. It is better to act together and under the supervision of those people who already have experience and results. Come to our programs and earn more at the same time!

With you,
- Igor Zuevich.

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