Which payment systems do most people disapprove of

The creators of electronic money were driven by the goal of surprising humanity with more convenient alternative means of payment. Compared to traditional money, which has largely outlived itself, digital represents a new formation that is more consistent with the transformations taking place in all spheres of life.

If a person has a computer with an Internet connection, they have an arsenal of tools in their hands that can be compared to a magic wand. With the same light wave of the hand, you can perform real miracles:

    Instantly send letters to addressees anywhere in the world.
    Talk endlessly on Skype, while seeing each other.
    Make purchases from any online store where you can choose whatever your heart desires.
    Participate in interactive contests, discussions, castings.
    Watch your favorite movie online.
    Listen to music, be a virtual spectator of concerts and all kinds of show programs.
    Make money transfers, exchange money, pay for services.

There are super popular resources for the execution of the last miracle, but there are also such payment systems that not everyone approves. Everything would be fine if it were not for the excessive desire of some businessmen who are ready to make money on everything that appears new in the modern world. This opportunity is provided by the Internet, which is constantly evolving, improving in all areas of virtual life.

The creation of electronic payment services, of course, is a profitable business, which is why it was so willingly taken up by enterprising programmers. We know of many large systems recognized by tens of millions of users:

    Webmoney.
    Yandex money.
    PayPal.
    Qiwi.

Along with them, there are dozens of services that appear like mushrooms after rain, but still do not achieve their goal - to attract a sufficient number of customers. And if there is no demand, then the conceived business turns into a "fix idea".
 

Negative examples of payment systems

The Moneybookers service, launched in 2003, has not received proper development for almost 10 years and has not acquired potential users. The initial task of this system was to provide bets to online casino players. Over the course of four years, its functions have expanded somewhat, and it was already possible to make payments for purchases of goods in online markets.

Unfortunately, the creators of Moneybookers failed to cope with the main task - to create the most convenient, simple and affordable tool for users. Gradually, the service began to lose its supporters, because the English-language interface is not understandable to everyone. In 2008, there were attempts to adapt it for residents of the CIS countries. However, it has not become easier to use, simplicity and accessibility have not been achieved. In addition, Moneybookers has hardly improved, has not interacted with other systems. This was the main disadvantage, due to which it was significantly inferior to more popular counterparts.

Before creating such services, you need to study the market well, analyze the needs of potential users. And if this is a primitive, unremarkable site, a pathetic semblance of well-known services, then it is not surprising that people do not approve of such payment systems. They will not see success, their development will stop before it starts.
 

Another outsider

The reason for the failure of the Portmone payment system was the short-sightedness of its creators, who could not surprise potential customers with anything. Our world is full of variety and a wide range of services. And in order to occupy your niche, to be successful in your business, you need creative, unique, inimitable, original ideas. If this is just a copy of what is already there, the result is obvious - this is a serious failure.

Something similar happened with the Portmone service, which was nothing more than a Webmoney clone. The current user cannot be fooled, he immediately understands that "we have already seen this somewhere." As a rule, the stereotype works, if it is only a copy, then it is much worse than the original. This is not always correct, but such an attitude towards identical systems exists, and there is no escape from it. Therefore, this fact cannot be neglected and must be taken into account.

Over time, the Portmone payment system began to be ignored, and it lost almost all of its few customers. Firstly, it was designed only for Ukrainian citizens, and secondly, there was a very limited list of functions. In order, for example, to pay for a product purchased in an online store, it was necessary to have a plastic card.

Why do many people disapprove of payment systems and are in no hurry to switch to electronic money. Of course, unpopular services, which bring a lot of frustration, play a big negative role in this. But time demands its own, in the near future people cannot do without them. After all, there are already many types of work for which digital currency is calculated. And in other areas, digital money has taken a solid place. You just need to make the right choice of an electronic payment system and not be afraid of the new and unfamiliar. After all, using them, people significantly save time and the most comfortable conditions for making money transfers without unnecessary restrictions.

What is the future of electronic payment systems

Times change, people change too. Progress poses new requirements for people, and the standard is becoming more complex and modern. We used to write with goose pens, but now we have several types of fountain pens. Once it was a blessing to have an electric typewriter (and not a personal one, but in an office), but now every home has a personal computer.

What happens to money? Were they too late in paper format and in the form of coins? Each person has his own destiny and his own age: one has a long one, the other not so much. So each item has it is own period of existence and service to people. I must say that paper money has been serving for too long, it should give way to new, convenient, mobile, practical analogs long ago.
 

Peaceful neighborhood of two systems

With the advent of an alternative type of money, paper money continues to coexist peacefully with them. So they firmly took their place. But it is time to think about the fate of new ones, what is the future of electronic money? Their creation was inevitable, the prerequisites for their appearance were quite obvious. In this regard, programmers, cryptographers, highly professional financiers with out-of-the-box thinking did a very good job.

Skeptics or ignoramuses?

You can still meet many skeptics who stubbornly do not recognize the need to use virtual currency. It may not be surprising, but some even ignore the fact that they no longer only exist, but are also developing and their capitalization is growing every day, not a year.

Given the level that the money of the new formation has already reached, it is stupid and senseless to deny the reality of the future of electronic payment systems. It is like denying the light of the sun or the shining of the stars. Opponents of virtual currency should not be called skeptics, this is not a conscious opposite opinion, but elementary ignorance. Indeed, despite the fact that digital money is intangible, it is quite tangible that it can be bought for it. The absence of a material equivalent or physical embodiment cannot be considered the reason for their inferiority.
 

The real essence of virtual money

Here is such a vivid example of the real essence of electronic money: a person is engaged in remote work, which is paid for with electronic money. He receives them through an electronic payment system and practically lives on them. They can pay for any services, purchase any product, pay off a loan. At this point you can stop and argue a little. There is a feeling that someone will now say that not everything can be bought for them and not everything can be paid for. In fact, this is true, but not entirely. And the same person doing remote work, whose employer is in another country, will confirm this. If the possibilities for making payments in virtual currency are limited (not all stores accept digital monetary unit is and not all services can be paid with them), then no one prohibit is converting the title unit is of money transfer systems into any fiduciary national currency necessary for a specific purpose and withdrawing them to fiat. As a result, we have the same opportunities as tangible money.

Before talking about the future of electronic currencies, lets take a look at their current state. People ignorant of the peculiarities of digital money are categorical: if they cannot be touched, then their real existence is in question. How can there be that which does not have physical clothing? But they forget about the amazing achievements of human thought, embodied in reality.

Could anyone, 20 years ago, have thought that people would be able to communicate via video communication, and practically free of charge, except for the payment for the Internet. In the appearance of Skype, you can see the first stage on the way to teleportation. And what is a mobile phone, smartphone or tablet today? After all, it is a mobile photo-video studio, plus a voice recorder, TV, electronic notebook and a computer in one item.

What lies ahead for them?

And how can you not believe in the existence and real future of electronic money after that? What will happen to them ahead can be judged by their current features:

    Making money transfers within a moment.
    Lack of an expiration date in terms of wear.
    Saving time for accounting, all amounts and deductions are made automatically.

In disputes about the future of electronic payment systems, one can hear a variety of opinions. Ardent supporters of electronic currency suggest that the time will come when humanity will generally forget about paper bills, especially about bargaining chips. One cannot but agree that there are more than enough reasons for this. It is quite possible that someday they will conquer the world. Although there are still enough people with the opposite opinion.

As a result of sociological surveys, those who advocate the active development of the future of electronic currencies are in second place. Bank cards are still the most popular. After e-currency, Internet banking is in third place. In these results, it is noteworthy that the number of supporters of paper money is decreasing.

After all, even if we consider the bank cards ranked first in the rating, this means that cashless payments have become commonplace for people. It is convenient, fast, there is no need to count anything, worry about torn bills, especially if they are of great value.

As for internet banking, it is a clear semblance of an electronic payment system. People already now prefer to make money transactions via the Internet, sitting at home at a computer. Doesnt this indicate the real future of electronic money, and there can be no doubt about it. Moreover, the use of Internet banking is a kind of training, which is very useful when switching to electronic currency.

Based on the number of potential users of virtual settlement systems, and they number in the hundreds of millions, we can outline the future of electronic payment systems. If there are those who want to use virtual money and those who can provide it, such a tandem is quite viable.

The creators of payment services set themselves the task of satisfying the requests of their customers, for which they will update, improve, and strengthen the security system. A satisfied customer is practically a walking advertisement, which means that he will bring others with him. And if the service has enough users, it will be able to develop successfully, because it is, in fact, a business project that has it is own scheme for making a profit.

Among the favorites of payment systems in Russia and the CIS countries are the world-famous, popular all over the world Webmoney, as well as Yandex.Money, Qiwi, PayPal and many others. others. 

The facts show

The following facts may indicate the future of electronic currencies:

    Daily growth in the number of transactions and the volume of cash flows of electronic payments.
    A significant reduction in the share of bank cards and a visible increase in the share of virtual transactions, especially mobile payments are increasing sharply.
    Funds from electronic payment systems can be withdrawn to European banks.
    Issuance of electronic cards (virtual and plastic).
    Ease of opening an electronic wallet, unlike a bank card.

Having considered different opinions and points of view, an objective conclusion can be drawn: electronic payment systems are developing at such a rapid pace that only a blind person or someone who wants to seem like that can not see it. But parallel existence or peaceful coexistence and even cooperation of two monetary systems is quite acceptable. But the fact that the preponderance of forces will be on the side of virtual money is too obvious to be denied. It is necessary, in the end, to understand that the old is always replaced by the new, and no one has been able to stop this process.

Electronic payment systems and digital currencies are a new stage in the evolution of modern standards of financial relations. The future belongs to them.

Why VISA is so popular

Bank cards have become an integral part of our life. With their help, we receive a salary, pay for purchases in a store, or simply withdraw money through an ATM. One of the most popular payment systems is Visa. The company was founded back in 1970, when electronic payment systems were just in their infancy. Later VISA gained popularity all over the world, and today every bank of any country issues cards of this payment system.

In the 50s of the last century, credit cards were already actively used by US citizens. In fact, these were plastic cards with a number stamped on them. There was no magnetic tape, of course, since ATMs had not yet been invented at that time. Each bank had its own credit cards. Visa emerged as a result of the need to combine all lending opportunities into one system and centralize the management of financial flows. The founders were several large US banks.

In the early years of its existence, "Visa" was exclusively a credit card. Its owner could buy goods on credit and return the money later. Was visa popular at the time? Undoubtedly! Lending to the population in the United States has a long history. But in the 80s of the last century, a plastic card "Visa Electron" was issued, the appearance of which marked the beginning of the era of electronic financial circulation. Over the course of twenty years, the company has created a network of ATMs around the world, improved the electronic payment system and acquired the status of the undisputed leader in the field of financial customer service, which it successfully retains today.

The reasons why Visa is popular are more than obvious. First, the company stood at the very origins of the emergence of electronic finance. Secondly, thanks to the efforts of the owners of the company, a whole network of payment instruments was created. Third, its just convenient.

The secret of success from "Visa"

Today the company produces 25 different cards with their own unique capabilities. For example, the "Visa Signature" card is issued only to particularly wealthy clients. There are practically no restrictions on purchasing power. Holders of this card have a list of special discounts and unique opportunities. Another example is the Visa TravelMoney card. It is not difficult to guess from the name that this variety is intended mainly for withdrawing money from the account, it cannot be used to pay for goods. Used by tourists, thats why it is called "TravelMoney" (traveling money).

But visa has gained popularity for other reasons. The number of cards is not the only indicator of success. The payment system is recognized for the quality of the services it provides. There are hardly many people who could say something bad about the Visa card. Even if some problems arise during the operation of the card, they can be solved at the bank that issued it, or by contacting the technical support of the payment system itself. Each client will be provided with full high-level information support.

System capabilities also affect its popularity. The company supports three main types of cards:

    Prepaid cards. They began to be widely used 15 years ago. The card has its own encrypted value. That is, a certain amount of money, liters of fuel, time, trips can be stored on the card. Unlike debit cards, which are, in fact, an identifier key from a safe deposit box, where money is stored, prepaid cards are carriers of a certain value.
    Credit cards. For the first time Visa became popular precisely because of the simplified process of lending to the population. The client is issued a credit card with which he can make purchases on credit. True, then this debt will need to be repaid with interest.
    Debit cards. In most cases, this particular card is offered to the banks client. It is designed to deposit funds to a savings account and write them off if necessary.

This is why the visa payment system is so popular. Its simple, everyone can choose a card for themselves that will meet their needs.

Visa card security

They have been talking about the safety of using bank cards for a long time. There are many stories when a person lost funds from a card. If we analyze all cases of loss of money by theft, then they are divided into two categories:

    Physical methods of theft. Due to the great popularity of the visa system, there are many who want to cash in on the companys clients. And there are plenty of ways to do this. Despite the ever-improving means of protection, Visa cardholders are still vulnerable. And in most cases the fault lies with the owner. After all, before using the card, every ATM displays a warning that illegal readers can be installed on the ATM that can read and transmit information from the attacker: card code, number, balance and name of the owner. Check the ATM for unnecessary parts, and if something is wrong, immediately report it to the appropriate authorities. Customers are also constantly reminded not to divulge the secret code to enter the system.
    Virtual methods of theft. The Internet gave humanity not only the ability to communicate, entertainment and unlimited access to all the knowledge of the world, but also cybercrime. In addition to breaking into some secret archives or banking systems, cyber fraudsters are not averse to emptying someones bank account. Visa is popular offline, but people prefer not to use it on the Internet, for this there are electronic payment systems (PayPal, Perfect Money, Payza and others). The reason is that cybercriminals can get your card number even after a small purchase on eBay (online auction). For this, various programs, utilities and viruses are used to help steal money from unsuspecting users. This is the only reason why visa is not popular with netizens. That is, they use the services of a payment system, but use other safer payment methods to shop on the Internet.

Why are exchangers popular on the Internet

Is it good or bad when there is a large selection? For some, this is unnecessary trouble, for others it is an opportunity to find the ideal option in the process of a thorough search.

The Internet gives us this opportunity. With the advent of virtual settlement systems, it became necessary to exchange digital currencies. Along with the creation of electronic payment systems, the number of exchange offices is also growing. The main reasons for the growing popularity of online exchangers are:

    Intuitive interface and easy accessibility, both from a personal computer and from a mobile phone.
    Round-the-clock work.
    Multilingual settings of the working panel.
    Support for various currencies (including cryptocurrencies) and the ability to convert them at a favorable rate with further withdrawal in a convenient way for the user.
    Absence of time, territorial restrictions and unnecessary limits on the exchange.
    Multi-layered protection of transactions and user savings.
    No need to stand in long lines.
    Comfortable conditions of use and availability of prompt consultation service in the form of technical support.

As a rule, online exchange services act as a financial guarantor of money exchanges carried out in different directions by the client.

Modern people have appreciated the capabilities of such services, the convenience and variety of opportunities for using digital money, and the number of users using online resources to convert different currencies is growing every year. For the inhabitants of the planet, virtual ways of dealing with monetary units (title units of different systems) have become commonplace.
 

Electronic money is paid for remote work

People who do remote work are especially active in this category. It is known that the web has long gone beyond the standard framework and has become a global employer. The hour is not far off when this type of activity will become a separate segment of the labor market. Today, the Internet has become a real haven for a multi-million army of unemployed, who, with varying degrees of success, earn their living there. For remote types of work, as a rule, they are paid with electronic money. After all, the customer can be located practically on the other side of the earth, in another country. And, of course, the performer cannot expect to receive a salary in his national currency. For example, if the employee lives in Ukraine, and the employer lives in Georgia, the payment for work cannot be made in UAH. A more versatile currency is chosen, such as dollars or euros. And there are no problems here. The Contractor accepts payment in foreign currency using electronic payment systems, converts (exchanges) it into its national currency and transfers it to a bank account. The exchange of electronic money is so popular that each user over time, having deeply studied the market, chooses a virtual exchange office that is more acceptable for himself. After that, he can get his hands on his real earned cash.

Traders are active users of exchangers

Like no one else, Forex market participants, most of all have to deal with currency exchange. Their activities are based on manipulating different types of currencies. Perhaps it was traders who contributed to the growth in the popularity of exchangers, because they have to constantly contact them for a service. Experienced brokers know that not every Internet resource can profitably exchange currency, so there is no need to rush here. You should also not be lazy, because if you use the first exchange office you come across, you can get it wrong.

On the Internet, it is possible to find out about the conditions of conversion on several online exchange services, and you must definitely do this. It is necessary to analyze the information received and choose the resource that offers the most profitable rate and low commissions. By the way, traders know a lot about this, so God himself ordered them to approach the choice “wisely”.

It is especially important to establish the exchange rate in cases when it comes to converting large amounts. Here, and a tenth of a percent of commissions can result in a decent amount.
 

Virtual life "in moderation"

You cannot replace human relations with virtual ones, but it is possible and necessary to use digital online money with the help of appropriate services. This allows you to significantly save precious time and energy, which can be directed to real family relationships, live friendly communication, travel, visits to theaters, museums. But since a person has become digital money, of course, he will prefer electronic forms of exchange.

On the Internet, you can find ratings of all available e-currency exchangers with detailed information on exchange rates, equivalent to digital money of various systems, the amount of commission, the timing of the exchange. The popularity of the exchanger can also be determined by the volume of monetary transactions and funds limits.To navigate the wide range of exchange services, you need to take into account several features: small commissions, favorable rates. But these are not the most important indicators. No less important are such points as ensuring security when exchanging money, how quickly the process itself goes.

In any case, you should come to terms with the fact that even in the most popular e-money exchange point, you will have to lose a few percent of the transfer amount. After all, conversion is a service that you have to pay for.

How to protect your internet account from hacking?

Any owner of a decent amount of electronic money thinks about the security of an Internet account. Especially worried about this are those who are accustomed to cash, real, paper bills, which can be folded in a pile, fastened with a tape or special elastic band, put in a box and hidden in a safe under a secure lock. But no matter how Koschey the Immortal hid his death, they still got to her. So this old-regime method can also be subject to elementary theft with housebreaking.

In whatever form the money may be, even if it has taken on a virtual image, the issue of their safety does not lose its relevance. After all, now, along with thieves of real money, there are the same, only smarter, thieves who are able to hack an Internet account, the so-called hackers.

Another user will complain, they say, what is it, not only that you cannot touch electronic money with your hands, they are also in a virtual account. But, as they say, be afraid of a wolf, do not go to the forest. You cannot live without trust, because the risk has always been and remains. But he should not become an obstacle to continuing a normal life, a part of which is money relations. It is difficult to imagine an area where a person can do without money. To have even basic living conditions, you have to pay for them. To realize, for example, your cherished dream - to go on a trip around the world, you also need money, and considerable money that will have to be saved.

The electronic money user can do this on their virtual wallet. The registration procedure in the Internet payment system is very simple and does not require much time and effort. Its different now than it was when you had to open a regular bank account. All monetary transactions had to be carried out directly at the bank itself, where, as always, there were huge queues. The same is happening in banks now. However, if you become a user of a virtual account, all this can be avoided.

Someone doubts the safety of an Internet account, but, in spite of everything, this form of monetary storage and circulation has many advantages that can compensate for possible risks:

    Round-the-clock service that allows you to make any valid transactions at any time of the day or night.
    Convenience and comfort (to be at home at a computer with an Internet connection).
    Get a loan remotely, invest your capital in a profitable project.

When registering with a payment service, you need to remember about the possibility of hacking your Internet account. And here it is worthwhile to study well not only the state of security of a particular system, but also to take the necessary measures yourself.

“How many times have they told the world”: be vigilant, but it is human nature to remain careless. Better not joke with fire though. You should not provoke those who are just waiting for the moment to take advantage of the excessive trust of the Internet account user. If, for example, the owner of an electronic wallet came up with a simple password (his name, year of birth, or other common words), it will not be difficult for an Internet fraudster to crack it. And then he will burst in there, launch his “dirty” hacker hands and “blow away” every penny from the account, leaving solid zeros.
 

Iron rules for the "iron" password

    The password should not be too short (ideally 10 characters).
    Avoid hackneyed words, your name, date of birth.
    Mix numbers and letters of different registers.
    The password should not be known to anyone other than the user.
 

The story of the "great" hacker

Known to the entire virtual world, hacker Kevin Mitnick managed to masterly play on the knowledge of human psychology, while he did not even need knowledge of computer technology. A crazy, but, as it turned out, quite feasible idea came to his mind. He took on the role of an employee of the administration of an electronic payment system or a banking institution, and in the telephone mode he turned to managers with a question about the need to fix some breakdowns in the system. To do this, I asked them to tell them their PIN codes and passwords. So in his hands were bank and electronic accounts for huge amounts.

This example alone could be enough to learn not from our own, but from others mistakes. This proves once again that the security of an Internet account is in the hands of its owner. But alas, not all people are so conscientious as not only to listen, but also to follow useful recommendations and warnings.
 

Official website under the guise of a scammer

There is another example that demonstrates the resourcefulness, imagination and resourcefulness of virtual and at the same time real thieves. They managed to create sites that are "one-to-one" similar to the real official site of the payment service. You need to be extremely careful to check for certificates. Otherwise, if you are reckless and, having entered a fake site, reveal your secret data at the entrance, you can make the contents of your Internet account easy prey for fraudsters.

Follow the simple rules for using online money exchange resources. This will help ensure the safety of your own savings and secure transactions.

Where to get an internet wallet
Electronic payment systems have become a key part of our life. With their help, you can make transfers, shop online, and pay for various services. But for a full-fledged work, you will have to go through the registration process and open an account in the system. But how do you create an online wallet? In what order should I proceed? These and other questions require detailed consideration.

Purpose and types of wallets

An Internet wallet is a place on the global network where a user can store personal funds. With the help of the storage, it is possible not only to accumulate funds and perform various operations, but also to accept transactions, receive or issue invoices. What is an internet wallet from a technical point of view? For the payment system, this is a specially created program that has an individual interface, security tools and provides customers with access to money.

The main difference between the currency that is in the electronic wallet is the lack of a material basis. In fact, such money is abstract, and special companies (banks) act as guarantors.

Among the well-known payment systems, the following are worth highlighting:

- WebMoney is a popular system in the post-Soviet countries, which appeared back in 1998. WebMoney works with currencies such as the Russian ruble, Ukrainian hryvnia, US dollar and others. For each currency, you can create an individual wallet that will work within the system. The use of the system does not cause any difficulties for users. Registration and verification process are free. An important plus - several levels of protection, which protects users funds from theft;

- Yandex.Money is a popular wallet that is in the greatest demand in the Russian Federation. The main disadvantage of the service is work only with the national currency of Russia. But the number of services provided to users of the system is growing steadily. Pros - low commission level, ease of registration and verification, a large number of available services. Another disadvantage (besides the one noted above) is the presence of limits that limit the possibilities for making transactions;

- Qiwi is an electronic wallet of the Russian payment system. The owners of such storage facilities can send and receive funds, pay utility bills, and shop in tens of thousands of stores. Pros - ease of creating an Internet wallet, ensuring the safety of funds, ease of depositing money into the account (using a smartphone, terminal or bank card);

- PayPal is the largest international system capable of working with a huge number of currencies (more than two dozen). Features include ease of use, the ability to make purchases abroad, ease of replenishment and the availability of guarantees for participants in the transaction;

- Other systems. In addition to the systems listed above, in which you can make an online wallet, it is worth highlighting EasyPay, Perfect Money and others.

How to make an electronic wallet?

The above discussed the question of what an Internet wallet is. Now its worth figuring out where to get it. The storage creation algorithm should be considered using several examples:

    Webmoney. The process of registering and creating an Internet wallet in this system is more complicated than that of competitors. To get personal storage, you should proceed as follows:

- Visit the official WebMoney resource and indicate the phone number on the page that opens. After that a form for filling out opens. All parameters should be carefully entered here. Before the next sending, the system will once again offer to check the information (this right should be used).

- A message is sent to the e-mail address, with the help of which you need to confirm your membership in the mailbox. This can be done in several ways (all of them are described in the letter).

- Confirm phone. To do this, send an SMS to any of the proposed numbers, after which the code in the message is transferred to a special column of the registration interface. Next, personal data is entered, and a password is created. This information is worth remembering, because it will be used to log into the system.

- Now, through the Keeper Mini program, you need to create an Internet wallet for those currencies that are most interesting.

The repository creation process is complete. Now you can make transactions, make payments and perform other operations. To get full access to the functionality of the system, it is worth confirming the data and obtaining a personal passport.

    Yandex. To create an online wallet in the Yandex system, you need to go through an easy registration process by doing the following work:

- Visit the official Yandex resource, go to the "More" subsection and find "Money".

- In the absence of registration, you should click on the button to open the wallet, and then enter your personal data. Here it is worth registering the phone number, password and login.

- If there is already a mailbox in the system, then it remains to indicate the code (comes in an SMS message received on the phone). Here it is also worth coming up with a payment password and registering an e-mail address for mailings (receiving messages from the system, restoring access, and so on).

- Press the button to open the wallet. Now the process of creating a wallet is complete and you can use it taking into account the tasks.

    Qiwi. One of the simplest is the registration and registration of an Internet wallet in the Qiwi payment system. Heres the algorithm:

- Visiting the official website of the payment system.

- Go to the registration button.

- Entering a phone number and confirming consent to use the system and follow its rules.

- Specifying a unique password, after which a message is sent to the registered phone number. The numbers received in SMS are set in a special field.

- Login to the system. To do this, enter a phone number and password.

    PayPal. Before creating an online wallet in the PayPal system, you should create a mailbox on the Gmail service and decide on the card to which the account will be linked. To register and create a wallet, you should take the following steps:

- Go to the official resource and go to the registration button.

- Decide on the type of account (personal account is the most optimal type).

- Register an e-mail and come up with a password. Next, the country is indicated, after which the state code is automatically determined.

- Enter the minimum information about the person in the profile. Here, all data should be filled in in Russian, similar to what is written in the passport. You shouldnt cheat here, because the security service of the system will check the information. If a deception is detected, the intruder will be denied access to the system.

- Read and accept the agreement.

- Link a payment card.

- Verify e-mail and credit card.

The wallet creation procedure is now complete.

Knowing what an Internet wallet is, being able to create it in various payment systems and understanding the essence of the opportunities received, they open the way for solving various problems, ranging from regular payments on the network to making transactions.

Currency exchange rates - what is it and how does it work?
As you know, any product has a value. If money is a commodity, you can buy it too. Each country has its own currency, as a means of governing the economy, and it has its own rate, that is, value in relation to other currencies. It is impossible to purchase any product abroad for the national currency of your state. To do this, you need to perform the procedure for buying the required type of money. For example, if a Ukrainian citizen, who has a hryvnia in his hands, wants to purchase goods from the United States, he can do this by exchanging Ukrainian money for American money.

This process is carried out at the exchange rate, which is the value of one unit of the national currency in the form of the national currency of another country. For example: 1 US dollar = 25, 2 UAH. (as of 05/10/2016).

The exchange takes place in a similar way with both conventional and electronic money.
 

What is the exchange for?

This procedure is performed to address many issues:

    Purchase of goods from a foreign Internet market.
    For doing business, both small and large.
    Payment for services provided by a foreign company.
    Transfer to the required national currency so that it can be freely used in your country. As a rule, this is the received salary for remote work or work abroad.
    To manipulate the currency used by the Forex market participants.

Currency exchange - conversion

Sometimes, in order to understand the meaning of a particular category, it is enough to learn a few synonyms, and you involuntarily open an understanding of the essence of this subject. Something similar happens with the term conversion, which in fact is the very exchange or purchase of one currency for another at the exchange rate of conventional or electronic money.

Currency exchange is a kind of transformation of one type of currency into another through their value, determined by the banking system or the financial market, subject to market laws. This means that the market sets the sale and purchase values, and a profit can be made from this difference. This type of activity is carried out by banks, stationary exchange offices, and e-currency exchangers. The latter have their own course of electronic money.

The Forex market can be distinguished especially, because in this area the main commodity is currencies, on speculation and correct forecasting of the rate of which traders have their profit.

And if we talk about conversion, then it really is a currency exchange, but has a somewhat broader concept. She participates in the process of international relations. The various currencies are classified according to their convertibility. If the national currency is fully convertible, it can participate in payment for goods on the international market. In other words, convertible currency is in higher demand in other countries. Why is the Russian ruble often called "wooden", because not all countries and does not fully attract the Russian ruble, so it is considered partially convertible.

As a rule, there is complete confidence in a convertible currency; relations between countries with currencies of the same level are more stable, trusting and simple. And this is understandable, because the currencies of both countries are equally welcomed by both sides. Such countries are distinguished by high economic potential, they have wider opportunities for economic development with access to the international arena. 

Electronic money rescues weakly convertible currency

By the way, so that the weak convertibility of a particular currency does not affect the relationship between countries, you can carry it out through conversion into virtual currency at the appropriate exchange rate. Moreover, this process is carried out online almost instantly.

All relationships that occur with the national currencies of different states are reflected in the behavior of the electronic currency. After all, the virtual money that is circulated in electronic payment systems represents the equivalents of national currencies. But on the other hand, the activities of virtual payment systems also have an impact on the behavior of national currencies.

In electronic settlement systems there is a function that simplifies the operation of the mechanism in relations between partners from different countries. These services provide more competitive e-money exchange rates.

Currency converter

Electronic payment systems have their own currency converter, which gives them certain advantages:

    Instant conversion. The procedure requires pressing one button. Money is automatically recalculated.
    The amount is rounded to the nearest hundredth. Sometimes this comes with some benefit.
    Reverse calculation. It allows you to make verification manipulations, and you can see the final result, which allows you to accurately calculate all actions until the final moment of conversion. This eliminates errors and miscalculations.

The exchange rate of electronic money in the virtual service, as well as in the usual one, is under the influence of the policy of the state, which owns this or that currency. But it has its own distinctive features. Exchange rates for virtual currencies may not match official or commercial rates in conventional payment systems. The virtual course is based on supply and demand in the electronic system. There is a representation of the average and optimal rates, which is reflected in the level of demand in the electronic network.

Course regulation

The conclusion is this: the exchange rate of electronic money is regulated under the influence of the following factors:

    Market relations (sale, exchange, purchase) within the electronic service.
    Official bank rate.

Electronic currencies are exchanged by tens of millions of citizens from different countries who have recognized electronic payment systems and have become their active users.

Quite recently, it was difficult to imagine that a unique system would be created that would provide such convenient and easy-to-use tools for exchanging currencies at the rate of electronic money and withdrawing them through a bank card. This greatly simplifies many monetary transactions for an individual user and for doing business of any scale, including international.

What is exchange office monitoring and how it works
Exchange offices of digital currencies have appeared quite recently, as a convenient way to convert funds in cases where direct payments are impossible for some reason. The number of exchangers is constantly growing. Sometimes it is difficult to find the best exchange deals, because many people use exchange office monitoring systems.

 
What are monitoring systems for?

People who work on the Internet need to withdraw money somehow. In most cases, the withdrawal process is straightforward. Quite comfortable conditions have been created for this. Electronic payment systems do an excellent job with this function when it comes to rubles, dollars or euros. But what to do when a user works with Bitcoins? Or do foreign business partners want to send money through the Payza payment system, for example? And on the territory of the Russian Federation, it does not yet provide its services. Exchangers in this case are the only way to withdraw money to a debit card or current bank account. Well, to select the best offer, they use the monitoring of exchangers.

Nobody wants to lose money earned, even a small part of it in the form of a commission percentage of the amount. The desire to find a way to withdraw their money with minimal losses is motivated by everyone who faced commissions of payment systems. Monitoring exchangers makes it possible to find out the best exchange rate in the direction of interest. Reasons why it is beneficial to use monitoring sites:

    The resource provides up-to-date information on the exchange. Data is collected daily, this is the main task of such sites. Fresh information helps to see and use the best exchange rate in time.
    Quick search for the best offer. If you analyze the most famous monitoring center bestchange.ru, then you will see that after choosing the direction of conversion in the middle of the main page, a list of exchangers offering the best exchange rate will open. Exchange sites are presented as a list. The first offer will always be more profitable than the Internet resources located below.
    The safety of financial transactions is of concern to everyone. Sites for monitoring exchange offices take security seriously, since the popularity of the resource and the number of visitors depend on it. The owners of the monitoring center monitor the work of exchange offices, and if there are facts of malfunction or deception of users, the exchanger is blacklisted and no longer displayed in the search.

How exchanger monitoring works

Foreign payment systems, with the exception of one (PayPal), do not work in the Russian Federation. And Russian webmasters are increasingly creating sites in English. This is beneficial because Google Adsense pays more for advertising in this case. How to withdraw the earned money if neither WebMoney, nor Qiwi, nor Yandex.Money are supported by Western advertisers? This is what the monitoring of exchangers is for. With its help, the webmaster selects the exchange direction, for example, “OKPay USD” to “Qiwi RUR”, and transfers money to the virtual wallet of the Russian payment system.

It is difficult to exchange Bitcoins without the participation of monitoring systems. Since in our country the cryptocurrency does not yet have an official status, the only way to convert Bitcoins into rubles is to use the services of exchange offices. Monitoring centers allow you to exchange known types of cryptocurrency for ordinary electronic money in almost any direction at a favorable rate. Moreover, cryptocurrency exchanges, miners and Bitcoin faucets are actively used by Russian users precisely because of the existence of exchange offices.

The main features of the monitoring systems:

    Exchange currency pairs in almost any direction.
    Selection of the most advantageous offer based on the analysis of all exchangers.
    Real-time monitoring to track promotions and great deals.
    Conversion safety.
    Currency exchange rate.

It is easy and profitable to monitor exchange offices using specialized Internet resources. There is such a profession - "Free Trader" (free trader). The bottom line is that the user earns on the difference in exchange rates, but he is not tied to the trading exchange. All conversions are carried out on exchangers. It is impossible to work on this principle without a deep analysis of the offers of exchange offices. Monitoring centers in this case are irreplaceable.

Today, exchangers play an important role in the electronic circulation of finance. And monitoring sites are responsible for the rating of exchange offices and the security of financial transactions. Cryptocurrency should be mentioned separately. Thanks to the monitoring of exchangers, users who are interested in alternative monetary units have the opportunity to change, withdraw and make transfers of Bitcoins and other cryptocurrencies.

What is better Yandex Money or Webmoney

Of all the electronic systems existing in the virtual space, Webmoney and Yandex.Money are rightfully considered the flagships. The applicant for the use of such services will have to choose poison or webmoney himself. Both systems provide a wide range of services, and, of course, there are known differences between them.

Both services enable customers to pay for purchases in online stores, pay for utilities, and receive a salary for remote work of freelancers. Some people need services of an individual nature, others for business. How can you determine which is better, Yandex.Money or WebMoney? 

The luminary of payment services - Webmoney

Among the financial services of the Runet, Webmoney can be safely sent to the first place in the rating. This level provides a huge list of services provided, a wide range of functions. The system has a user-friendly interface. The main merit of WebMoney is its multi-level security system. Sometimes this service is even suspected of being overly obsessed with the topic of security.

Each user must pass an attestation and receive a virtual certificate of status, which can be either low or higher. The procedure begins with a pseudo-certificate that does not require identification data from the client. Previously, this level was active, now the task is more difficult. A pseudonym certificate is given to everyone automatically, as a transition to the next - formal.

When a person is faced with a choice: poison or webmoney, he must tune in to the fact that if he chooses the second service, he must be ready to go through a serious personal data check. After all, for a formal certificate you need to identify yourself. In addition, send your personal data for verification and wait a while to receive their confirmation.

On the one hand, it may seem too troublesome. But for prudent people, with special caution regarding the fact that they will have to entrust their virtual capital to the payment system, such approaches suit. After all, all this is being done for their more reliable safety, as well as to prevent unscrupulous users from entering the system.

Which is better, Yandex.Money or WebMoney, an unequivocal answer is inappropriate here, because a person himself must weigh all the pros and cons.

After the formal WebMoney passport, there are the following levels: initial, personal, there are 12 of them. The higher the status, the more opportunities the user has, in particular, the transaction limits are significantly increased.

A reliable security system is complemented by an SMS confirmation function, so the user is guaranteed a high degree of protection in comparison with other systems.

The issue of withdrawing funds is perhaps one of the most important that worries potential customers. The WebMoney service provides 40 ways of this function, although there is a serious disadvantage - high commissions.
 

Yandex.Money is the main rival of Webmoney

Like the previous service, Yandex.Money is famous for its high level of popularity. Unlike WebMoney, the security system here is much simpler, although no less reliable. Its algorithm is based on innovative technologies. Therefore, almost both systems, poison or webmoney, can be completely trusted, their users can be calm. They themselves may be the only threat if they neglect the rules of their own safety, in particular, disclose their password.

Yandex.Money also surpasses WebMoney in more convenient methods of withdrawing money. You can withdraw cash to a bank card and receive cash in your hands using various means, and quickly and a small percentage is given for this.

The registration procedure for this service is extremely simple. It can even be done through social media. If a person does not really like to fool his head with the lengthy processing of many virtual documents, then for him the question of which is better than Yandex.Money or WebMoney is clear.

Although one cannot ignore an important point. If the user has to deal with different currencies, Yandex.Money will not help him, because he operates only with Russian rubles. In addition, this payment system is addressed exclusively to individuals, it is not designed for doing business. The purpose of its creation excludes the use of electronic currency for commercial purposes. The user cannot have relations with legal entities.

Comparing these two systems, you can see the "Russian" footprint, it can be seen in the limitations that are absent in other virtual systems. Obeying the requirements of the federal law of June 27, 2011 N 161-FZ "On the national payment system", services are forced to comply with them. But with all these nuances, they retain their popularity, work flawlessly and guarantee safety.

How to choose a payment system for a beginner

Those who want to start making money online or pay for goods and services using the Internet must initially open an account in one of the payment systems. They are services with which you can make transactions using electronic currency.

These are digital analogs of fiduciary banknotes, which have a certain value and are related to real funds in a certain proportion. Given the rapid pace of development of information and computing technologies, the massive spread of the Internet, which has covered most of the planets surface with an invisible web, it is not surprising that the number of people using online methods of making financial settlements is steadily growing.

Today, this option has already lost its status of "innovative" and is rightfully recognized as the most acceptable for carrying out transactions of various types. Modern payment systems make it possible to comfortably take advantage of the benefits of civilization both for a beginner and for experienced users who have mastered the basics of virtual commerce at the beginning of the era of the formation of the Internet.

Such services charge a certain percentage of the transferred amount for their services. It is usually small. The exchange of funds between users is quick. Also, the payment system for a beginner has a round-the-clock support service. Therefore, if any difficulties arise during a transaction, they can be quickly resolved by contacting the operator in any easily accessible and convenient way (e-mail, skype and others).

Payment systems have gained wide popularity on the network, which is growing every year, in direct proportion to the number of users. Some of them provide an opportunity for a beginner to use electronic money in confidence. An intuitive interface, ease of use, a high level of protection of money transfers, a variety of functionality, low commissions - these are the main reasons and advantages that make the use of electronic payment systems one of the most promising areas in terms of making payments via the Internet.

Today, such systems exist in both the English and Russian-speaking segments of the web. Moreover, their number is growing every year. They are available for beginners, but they have certain nuances when used. For example, PayPal can only deposit funds, as well as make payments online through it. It is impossible to withdraw funds from the wallet in our country. Therefore, the choice of a payment system must be taken with all responsibility and seriousness in order to further protect yourself and avoid troubles when making payments. Registration in any system is free, and the process itself is quite clear.

Among the most widespread and popular systems in the post-Soviet space, one can single out such as:

1. Yandex.Money.

2. WebMoney.

3. Liberty Reserve.

4. QIWI wallet and others.

When choosing a particular system, beginners are advised to read the instructions and registration rules. It is necessary to carry out the actions carefully, following the step-by-step instructions that the system itself gives out during the registration process. You need to write down your data and passwords. All information must be kept out of the reach of others.

For beginners, it is recommended to use the most popular payment systems in Russia (Yandex.Money or WebMoney). They are the most common among users today.

If you are confused by the question of which system to give preference to, then you should use those that are most popular on the network. The Internet will also help in solving this issue, where you can find detailed information about the capabilities of a particular resource and detailed instructions.
 

Choosing the most suitable payment system

Currently, more than one payment system operates on the territory of the Russian Federation, the principles of working with which can be easily mastered even by a beginner who does not have experience in Internet commerce. Therefore, many novice users find it difficult to choose.

According to statistics, the most common payment system in the world is VISA, thanks to which payments are made annually in an amount equal to 2/3 of the amount of payments from all cards in the world. This card can be used in most countries (about 200). In Russia alone, there are 40 thousand ATMs that can serve this system. Also, such a card can be used to pay in terminals located at points of sale.

The main competitor of the VISA system is MasterCard. They are the second most popular. The advantage of this payment system for a beginner is that the company has representative offices in 210 countries around the world. This is slightly more than VISA.

These giants of the global payment system market are the most widespread in Russia and the world. Their share is about 75-80% of all plastic cards used by citizens of the Russian Federation.It should be noted that MasterCard also has the advantage that money from the card can be automatically converted into any currency. VISA makes such exchanges in several stages, as a result of which the user loses about 5% of the amount.

The rest of the payment systems are significantly inferior in popularity to the two world market leaders and are not so popular in Russia. It is not surprising that it is recommended for beginners to store electronic money on the resources indicated above, since they are the most common and reliable and provide maximum protection for savings.

Payment systems less popular in Russia

Some systems, despite the fact that they were adapted to the standards of consumers from the CIS countries, are not popular with them. The main problem is the complexity of the software and a less intuitive interface that is difficult for an inexperienced user to master. An inconvenient moment that causes a lot of trouble for users is the lack of interaction between different systems. Such a confrontation does not have the best effect on the popularity and image of payment systems.

Regardless of this, the volume of payments made via the Internet is increasing every year. Some experts predict that in the near future, plastic cards will become less in demand, and most of the transactions will be carried out using electronic wallets. For example, even today, funds from Yandex.Money can be withdrawn even to accounts opened in large banks in Europe and the world.

It should be noted the high level of protection of funds of people who use electronic payment systems. Inexperienced newcomers are no exception, for whom the safe implementation of a money transfer is almost a paramount task, given the growing scale of cyber fraud. There are many examples when inexperienced beginners who did not follow basic safety rules when using payment systems became easy prey for online scammers.

Often, this is due to ignorance. Sad experience, as a rule, causes a negative attitude and many refuse to continue using electronic wallets. Moreover, they assure opponents that such systems are unsafe. However, experienced users know that such an opinion is not true and is widely used for everyday financial settlements.

Regardless of these or those prejudices, everyone is free to choose what he likes. Also, the place for storing electronic money for a beginner is only his choice. But here you need to understand that billions of people around the world trust huge amounts of money to electronic payment systems, without fear that something will happen to them or they will disappear. Therefore, it is recommended to listen to the opinion of the majority.

The presence of an electronic wallet should not be considered the latest fashion. This is a common detail in the life of the average man in the street. It allows you to use your own savings without time and territorial restrictions. In order to pay for a product or service, you only need to have a plastic card or the ability to access the Internet in order to use your online wallet. Even if the "plastic" itself disappears, it does not mean that the funds that were on the card will be threatened. The card itself can be easily replaced at the branch of the bank where it was issued, and you can use your money again.