Methods of payment
Methods of payment
Availability of reception of the account, mobility, and safety of the information transfer and simplicity of use make the advantages of e-cash.
The principle of work of system of electronic payments is in transfer of the cash sum of money into the personal account of the user in electronic equivalent. They are stored on a system site. The user can pay the purchases from this account, receive remittances on it, and cash them in real banks.
Systems of e-cash existing at present as access to the electronic account can be divided on two groups: demanding installations on the computer of the user of the additional software (for example, WebMoney), and payment systems having the web interface (for example, Yandex. Money).
The system of wire transfers (Paycash, E-port, Slow motion and others) means direct transfer of cash of the user into the bank account of Internet shop without opening your personal account. For purchase or service payment the prepaid card or stationary points of payment can be used.
We suggest you to learn more about the most popular payment systems:
WebMoney
Payment system Webmoney Transfer has opened in 1998 and for today is the most widespread and reliable Russian electronic payment system for conducting financial operations in the real time, the Russian-speaking part of a WorldNet created for users. Any person can become the user of the system. The means of calculation of system are the title signs under name WebMoney or in abbreviated form WM. All your WM are stored on so-called electronic purses.
Rupay
The payment system has been functioning since 2002. System Rupay represents the integrator of payment systems, where all payment systems are combined and exchange offices in one system. The system of Rupay is constantly developing, due to this fact new possibilities and new services are constantly added. At registration in Rupay the personal information on the user is not requested and no documents are required. For successful registration it is enough to put your name, the e-mail, to specify the city, the country and to enter the desirable password. Account number in system Rupay, distinguishing your account from another, is you e-mail, for the payment into other account it is enough for you to know e-mail you the addressee.
PayCash
Payment system PayCash has begun the work in the Russian market in the beginning of 1998. System PayCash is positioned, first of all, as accessible means of fast, effective and safe carrying out of cash payments in a network. The basic advantage of such payment system is the application of the original unique research in the sphere of the financial cryptology. Payment system PayCash is the owner of some prestigious awards and patents among which there is «a Certificate of a special recognition of Congress of the USA».
e-Gold
The electronic payment system e-Gold has been created in 1996. This payment system acts as guarantors of reliability banks of the USA and Switzerland. The main difference of payment system e-Gold is that all money resources are physically provided by the precious metals stored in bank Nova Scotia (Toronto). Users of system e-Gold, living in the USA and Canada have possibility to receive money resources from the account in the form of ingots of precious metals (gold, silver, platinum, a palladium). The quantity of users of payment system e-Gold promptly grows.
PayPal
Electronic payment system PayPal is at present one of the most popular and reliable among foreign payment systems. To the beginning of 2006 it serves users from 55 countries. To big users from Belarus and Ukraine are not served. In Russia service to use it is possible only for calculations for purchases.
Moneybookers
Electronic payment system Moneybookers has been opened in 2003, it successfully competes in many areas to such giant as PayPal. The quantity of the users registered in system, comes nearer to 1,5 million. It is possible to consider its universality as the main advantage of this payment system. It is convenient in use Moneybookers both for private persons, and for owners of Internet shops and banks. Payment system Moneybookers serves users more than in 170 countries, including Russia, Ukraine and Belarus.
CreditPilot
System “CreditPilot” declared the beginning of the activity in 2001. To open the account in system, it is not necessary to establish any special software, it is enough to be registered on a company site.
EasyPay
The system has been started in 2004. Despite its young age, in Belarus EasyPay is practically unique legal system of electronic payments. Main feature of EasyPay is that it operates only in territory of Byelorussia.
Plastic cards
Plastic cards are the payment tool giving possibility of non-cash payment of the goods or services, and also receptions of cash means in branches of banks or bank automatic machines. On the basis of plastic cards it is accepted to carry following systems to the international payment systems: VISA, MasterСard/Eurocard, American Express. These payment systems are the most popular in the Russian market.