Electronic money and their features. Electronic and non-cash funds: is there a difference? Electronic money systems

The development of money circulation has led to the emergence of electronic money. These are finances stored in computer memory on technical devices, which can only be disposed of using a special software... Compared to paper counterparts, electronic money has certain advantages:

• the speed of processing payment documents has been reduced;
• it became easier to work with bank correspondence;
• the cost of transfers is lower than with ordinary non-cash transactions.

In fact, this is an electronic form of monetary obligations of credit financial institution... On demand it can be redeemed in cash.

Money to an electronic wallet

An electronic wallet is nothing more than a few ordinary current accounts in a bank for storing and carrying out money turnover. Only users of one system transfer money to an electronic wallet with a minimum commission. In order to transfer money to another system, you need to use special additional payment services. From an electronic wallet, you can withdraw funds to a bank connected to the issuing bank's Internet banking system. This makes it possible to cash out funds and receive paper notes through the cashier or ATM of your banking system.

Electronic money systems

There are several electronic money systems. The most popular in Russia are:

• Webmoney Transfer;
• Yandex money;
• QIWI;
• LiqPay;
• EasyPay.

In international money circulation, such payment systems are widely used as:

• Liberty Reserve;
• ayza (AlertPay);
• PayPal;
• Moneybookers;
• Moneybookers.

Each of the systems has its own characteristics and rules for performing transactions with electronic accounts. The ratio of electronic money to the existing banking rate in the state also differs. Electronic money systems are indefinite banking obligations of the e-currency issuer.

Electronic money exchangers

To transfer electronic funds between accounts of different payment systems, including for withdrawal to bank card accounts with the possibility of subsequent receipt of cash, there are electronic money exchangers. They differ in the ways of exchange - automatic, semi-automatic or manual. Each of the exchangers also sets its own rate for each currency and the percentage for performing exchange operations between currency pairs. Each such service is limited by a certain limit - the reserve of electronic money. More than this amount, the exchange is impossible.

Electronic money transfer

Electronic money transfer is by far the fastest form of settlement transactions from your account in the EPS (electronic payment system) to the recipient's account. The operation is performed almost instantly. You are only required to have a sufficient amount in the payment currency on the EPS account and indicate the exact details of the recipient of electronic money. A money transfer can be initiated from any electronic device with the appropriate software installed on it (personal computer or wearable gadget, payment terminal).

Hello dear readers of the blog site. Electronic money is increasingly entering our lives. This is due first of all, which has now become one of the most essential attributes of our life.

Moreover, he has long stepped over the level when we only got knowledge there. Now we live online - we communicate, buy, sell, pay for services, make friends, etc., etc. It is quite logical that in this environment its own systems of mutual payments are emerging, allowing to move away from primitive barter.

On the this 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, but the very fact that there is competition gives ordinary users of electronic payments (all sorts of goodies for enticement), which could not have been in the absence of a struggle for the client.

Of course, it will not be possible to cover all the players within the framework of one article (and now there is still a wild excitement around, which I wrote about in a separate publication), but we will definitely consider the most popular ones. At the end of the post, I will also offer you to vote for the Internet currency that you personally prefer.

Three leading payment systems in Russia

It all started a long time ago (mainly at the end of the last and the beginning of this millennium). At that time, monetary relations (e-commerce, etc.) began to actively develop on the Internet, and plastic cards were the only available form of payment. The emergence of Internet money options has made it possible to significantly simplify the process of paying and receiving payments through the network (without leaving home).

But not only on the Internet, because now various electronic wallets offer you to use the ones lying on them not only for any transactions on the Internet, but also in real life... So, for example, a system linked to an account, from which it will be possible to pay for your purchases in real life (in a supermarket, boutique, gas stations and other places where cards are accepted for payment). Actually, such services are already offered by many payment systems.

In Russia you can highlight 3 leading payment systems, but to put them in their strict places, I think, is unlikely to succeed. In each case, you will need to choose exactly according to your needs.

For example, Qiwi is truly a "popular" system and everyone who knows what payment terminals are, work 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 other electronic wallets have their own audience. But first things first.

Qiwi payment system

If the main complaints about working with Qiwi (and many other systems) relate to the work of their technical support service, then in the WebMoney payment system the main problem is. Personally, I solved this problem for myself, which does not allow any payment or authorization on sites without confirming this action on my mobile phone (a confirmation code comes in the form of an SMS, or you put a special application on your phone to generate it).

Also the safety and security of this electronic money depends. There are a few of them, and I wrote about some of them in some detail at one time:

You also need to understand that there are various Internet currencies that circulate within this system. Currencies, of course, are conventional (in fact, these are just title units), but they are rigidly tied to the official exchange rate of real currencies (fiat money) that coincide with them.

The main ones, of course, are dollars (WMZ) and rubles (WMR), but euros (WME), hryvnias (WMU), Belarusian rubles (WMB), etc. are also in circulation. In this regard, there is often a need. Read about the most profitable methods of this action in the above article.

Electronic Yandex Money

Personally, I am attracted to this system by the fact that you can link a plastic card from Yandex to your wallet, so that later you can use it to pay in the store and in all other places where MasterCard is accepted. In this case, the account on the electronic wallet is equated to the balance on the card and no interest is charged for such use (the commission is charged only when withdrawing money through an ATM). In my opinion, it is a very convenient way to withdraw money earned on the Internet.

This payment system allows you to deposit and withdraw funds in many ways, as well as pay for many services and goods. There is an application for mobile phone, which allows you to conveniently work with your e-wallet without having to download a browser. In general, read about that in the above article.

8 best electronic payment systems in the world

- Once the Payoneer Mastercard was the only acceptable way to withdraw funds earned by freelancers and stockers abroad. Nowadays there are enough of such systems, but Peyoner (or Pioneer) is still in great demand, because many bourgeois exchanges and sites to earn money cooperate only with him.

The main feature of the system is obtaining a branded card and withdrawing money earned in a foreign land from it through any ATM in the world. Although now you can withdraw money from your Payoneer account directly to an account in a local bank and with a not very high percentage of commission, but many do not want to "shine" their income in the bank and use the card, because it is not associated with a bank account (prepaid) and problems with tax only when using it should not be.

Earlier, withdrawing money from Adsense was rather inconvenient, but after connecting Rapida, everything became just fine (albeit only for residents of Russia). The fact is that in the Rapida system, you can set up payment templates for the transit of electronic money from Adsense to any terminal options for cashing them convenient for you. Moreover, the templates are executed automatically when a payment is received from the Google contextual system.

Liqpay- Ukrainian payment system, the account of which is linked to the account in Privat-Bank. She positions herself as an alternative to the popular all over the world PayPal and Moneybookers, but in reality this is far from, of course, not so. Working with electronic money is pretty safe, and read about the rest at the link provided.

10 most popular crypto-currencies in the world

Cryptocurrency is generally difficult to refer to payment systems, because due to the system inherent in this system, there can be no owners or people who manage (and even administer) this system. It is launched and it begins to live its own life, essentially not obeying anyone (all thanks to cryptography based on the great and terrible, which just works wonders). This is its charm and, in a sense, its disadvantage.

It is also difficult to equate crypto-currency with electronic money, because there is still no developed network of services and goods that could be bought with crypto-money. Somewhere something is possible, but it is still in its infancy. But at the same time, speaking of electronic money, it is impossible not to plunge into the crypto world. Why?

because cryptocurrency is a great tool for speculation, i.e. fast, often high-risk, but also very high earnings. Someone sells housing, and in a month or two doubles their capital. Someone plays "little" and has a stable additional source of income. There is a huge demand for cryptocurrency and it is getting more expensive.

Today we will talk about electronic money and electronic payment systems(EPS) is another very important topic, without understanding and, accordingly, practical application which will be difficult to maintain full. It is simply necessary to use electronic money for different ways of working and making money on the Internet, for some types of investments, for committing and in other cases, which I will consider on the pages of the Financial Genius.

So, first things first.

What is e-money?

Electronic money is a virtual currency through which all kinds of payments on the Internet are carried out. As you know, the worldwide network now covers more and more spheres of human activity every day, respectively, the need for convenient and quick settlements between users, including those in different countries, is growing more and more. It is this function that e-money undertakes.

These are, in fact, the same banknotes that have the same value as real money or funds in bank accounts, with the difference that their entire turnover occurs exclusively on the Internet. Electronic money can also be in different currencies, it can be exchanged for real money and vice versa (this operation is called deposit / withdrawal of electronic money).

Electronic money and non-cash funds in bank accounts are not the same thing! In no case should they be identified!

Initially, electronic money was used to make a narrow range of payments, but now it has a very wide circulation, the scale of its use is constantly growing. Already many offline enterprises have begun to accept the currency of popular electronic payment systems for payment: with its help, for example, you can buy air and railway tickets, pay utility bills, top up your accounts mobile operators, pay for internet and cable TV, etc.

Different countries may use different definitions of electronic money, voiced in legislative acts. Most of the users of electronic money are attracted by its relative anonymity and the convenience of quickly making payments on the Internet.

Electronic payment systems.

Electronic money is issued by electronic payment systems (EPS). These are companies that issue virtual banknotes, develop and implement technologies for their circulation and provide all operations with their electronic currency. Often electronic payment systems are part of the largest Internet corporations, one of the areas of their activity (for example, Yandex.Money, currencies of the largest social networks, etc.)

Each EPS issues its own electronic money, which may correspond to different real currencies. Different electronic payment systems have different levels of development, different functionality, different coverage networks, and different purposes. As a rule, electronic money of one payment system can be exchanged for the currency of another EPS, but not always, in addition, such an operation will require a certain commission.

As a rule, electronic payment systems issue exactly as much electronic money as there is a need for it, that is, in the amount in which EPS users contribute their real money to buy electronic currency. The issuance of electronic money is usually regulated by legal regulations, so electronic payment systems that are registered and operate in a particular country must adhere to these regulations. However, this often does not actually happen, since electronic money is very difficult to track, and legislation in this area is still imperfect.

Electronic payment systems earn on commissions that are charged for all transactions with their currency.

Just as banks are “ circulatory system"The economy of any state, electronic payment systems act as a" circulatory system "and e-commerce - these are the main, but not the only areas of their use.

Types of electronic money.

As I already wrote, each EPS issues its own types of electronic money. Some of them have already purchased international significance, some are used in a limited circle of countries, some have not gone beyond their issuer.

A very important role for the future user is played by right choice electronic money systems. Each person needs an electronic payment system that will fully meet his specific needs. If necessary, it is always possible to register in several EPS at once.

Electronic payment systems of the world.

1. PayPal. Today it is the most popular global payment system, operating since 2000. She is a structural unit American company eBay, which specializes in online auctions. Now the PayPal payment system operates in 203 countries of the world, although in some of them it is not possible to use the full functionality of the EPS, it operates in 26 world currencies, the number of its users is approaching 140 million.

In Russia and other CIS countries, PayPal has not yet become widespread, yielding to Russian payment systems, since there are no wide opportunities for replenishment, and especially withdrawal of funds. Nevertheless, it is gradually developing in our country, for example, since September 2013, the withdrawal of Russian rubles from the system to accounts in Russian banks has become available, albeit with a rather large commission. The main currency of PayPal is the US dollar.

2. E-gold. A payment system that issues electronic money mainly in gold (based on the number of trinity ounces), as well as in other precious metals... In recent years, the e-gold system has become popular among online fraudsters and is actively used in the activities of online casinos and all kinds of virtual money games. V last years e-gold is not worried better times: Its founder was arrested and transactions were periodically blocked.

3. Perfect Money. Electronic payment system, created in 2007, and operates mainly in euros, dollars and gold. Also famous for its use in many HYIPs and financial pyramids, nevertheless, is quite popular in world settlements between individuals and business representatives, is actively used to pay for goods and services on the Internet.

Some other electronic payment systems in the world can also be noted: AlertPay, Google Wallet, Moneybookers, Elios Gold, e-Bullion, ePayService, etc.

Electronic payment systems in Russia.

1. WebMoney (WebMoney). The undisputed leader among payment systems not only in Russia, but also in other CIS countries, also has a certain circulation around the world, although, for example, in Germany, WebMoney's activities are prohibited by law. Legally, WebMoney Transfer is not a payment system, since it does not issue electronic money, but the so-called. “Title units” by means of which the transfer of monetary rights of claims is carried out. The company itself was established in 1998 and declares its activities as “ international system settlements and environment for conducting network business ”.

Today the WebMoney system has about 25 million members, while WebMoney wallets are used by about 35% of Runet users. In total, the system uses about a dozen electronic currencies (including special credit currencies), including the equivalents of the currencies of the CIS countries, world currencies of the dollar and euro, as well as gold.

2. Yandex money. The second most popular electronic payment system in Russia, founded in 2002 as one of the structural divisions of the largest Russian search engine Yandex. For payments Yandex.Money uses the electronic equivalent of the Russian ruble. The system is designed to provide Internet business and e-commerce mainly on the territory of the Russian Federation, although it is in small circulation in other CIS countries.

3. Qiwi. It is also a fairly popular electronic payment system in Russia, although, of course, in comparison with the first two, it loses. Electronic money Qiwi appeared in 2007 and is used as a means of not only electronic, but also non-cash payments (using a Visa card). In addition to Russia, the QIWI system operates in 7 more countries, including Belarus, Kazakhstan, Moldova, the USA and others.

Other Russian EPS include RBK Money, Wallet One, Z-Payment, PayCash, ICQMoney, currencies of social networks VKontakte, Odnoklassniki, Moi Mir, etc.

Ukraine has its own payment system Internet.Money, and in Belarus - EasyPay... But in terms of popularity and volume of payments, they are significantly inferior to Russian WebMoney.

How to use e-money?

All electronic payment systems operate on approximately the same principle. To become a member of the EPS, you will need to register in the system (this must be done only through the official website!) And open one or several electronic wallets, depending on the need.

When choosing an electronic payment system, pay attention to the fact that it can provide all the possibilities you need, provide for convenient and accessible ways of depositing and withdrawing money.

The registration procedure in most cases is free of charge. In some cases, it will be enough to conduct online registration on the site, in others, you will need to download and install a specific application to work in a specific EPS. Such applications exist for both stationary and mobile devices.

Then it all depends on how you plan to use e-money. If you need to accept them as payment for your services (for example, if you -), you must give your e-wallet number to the one who will make payments to you.

If you yourself want to pay for something with electronic money, you will need to replenish your wallet using real money... There are different ways to do this, each EPS has its own: with the help of international plastic cards, through payment terminals, bank accounts, exchange offices, etc.

When registering with the payment system, you must use your real data, otherwise you may have problems with the withdrawal of funds. In some cases, especially for large transactions, you will need to provide your passport data in a scanned form.

All services of electronic payment systems are protected different ways ensuring security, but the user must also take care to protect himself from all kinds of fraudsters, which are always enough on the Internet.

Carefully study the information on the website of the electronic payment system, follow all the instructions and try to provide the highest possible degree of protection for your electronic wallets. Remember that this is essentially the same money, and losing it will negatively affect your personal finances.

This was a general introduction to electronic money and electronic payment systems. In further publications on I will consider in more detail some of the EPS and dwell on the important points related to the use of electronic currencies. Stay tuned for updates and improve your financial literacy. Until next time!

Most Internet users actively use virtual payment systems. Electronic money is suitable for instant payment transactions in the system from your wallet and replaces bank cards or accounts for many. There are a large number of Russian and foreign online systems with which you can easily pay for purchases, receive transfers, and more. Before you start using virtual money, it is worthwhile to study in detail the features of different services.

What is electronic money

Not every Russian is familiar with the concept of virtual money and the possibilities for its use. It should be noted that this type of replacement for rubles or foreign currency differs from coins and banknotes in that the owner stores them on a separate “virtual” resource. Electronic money is an obligation assumed by the issuing organization in the form of funds at the disposal of the user, stored on an online resource. This segment is part of the virtual payment systems market.

The definition refers to a transaction that is performed through digital communications. The user's virtual money can be a debit or credit. They are not traditional money in the generally accepted currency, but represent means of payment, certificates or checks (this may depend on the rules of the law and the specific EPS). The functions of settlement instruments do not differ from coins or banknotes issued by the Central Bank.

Characteristic

Modern monetary systems perceive such means of payment as money that cannot be exchanged, have a credit basis, serve for settlements, circulation, accumulation, and have a certain level of reliability. Virtual money has the following characteristics:

• fixed cost within EPS;
• the possibility of using it for various payment transactions, which are considered final after implementation.

Properties

The properties of virtual money are based on traditional and relatively new ones:

• portability;
• liquidity;
• divisibility;
• versatility;
• durability;
• convenience;
• anonymity;
• safety.

Story

The phenomenon of virtual money has been studied by financial institutions since 1993. Initially, prepaid plastic cards were considered electronic means of payment. As a result of the analysis, virtual cash acquired legal status in 1994. Studying technological schemes the use of prepaid cards, banks have decided that the proliferation of such payment systems will require constant monitoring of their development and changes. This is to preserve the integrity of the food.

Since 1993, the active development of virtual money, not only based on smart cards, but also based on networks, began. Three years later, European central banks decided to monitor EPS around the world. After that, the analysis of the development of virtual money became a traditional process. Initially, the monitoring data were confidential, but since 2000 they have been made publicly available. At the moment, residents of 37 countries constantly or periodically use virtual money.

Digital money in Russia

On the territory of the Russian Federation, over the course of 13 years, online money has evolved from magnetic plastic cards, which were issued by individual organizations, to global Internet systems. Already in 1993, the Russians began to use the first similar funds. The first mentions of money based on smart cards in the press date back to about the same period. Until 1999, payment systems were actively developing, forcing banking products out of the market. In the 2000s, network-based electronic money began to be used.

Types of electronic money

As a rule, the following classifications apply to any virtual money:

1. Method of handling: based on smart cards / network.
2. Access level: anonymous / personalized.
3. Government influence on digital money: fiat / non-fiat.

The following payment systems are the most popular on the territory of Russia:

• Yandex money;
• MoneyMail;
• QIWI;
• Skrill (formerly MoneyBookers);
• WebMoney;
• Rapida;
• RBK Money;
• Pay Pal;
• Mondex,
• Wallet One;
• Z-Payment;
• Liqpay;
• NETELLER;
• PayCash;
• EasyPay.

Smart card based

This type of digital money is plastic media with a microprocessor on which the equivalent of the value paid by the client of the original issuing organization in advance is recorded. Cards are issued by banks or non-banking organizations. With the help of plastic, the client can pay for purchases and services at all points of receipt of such a payment instrument. Cards are issued multipurpose or branded (telephone, for example). The tool is suitable for making a payment transaction or cash out through an ATM.

Among the variety of plastic cards, two types are distinguished: debit (for storing their own funds, savings, settlements) and credit (the owner of the plastic spends money within a certain limit, which will then be obliged to reimburse the issuing organization). A popular option for digital cash based on smart cards is the products of VisaCash and Mondex payment systems.

Network-based

To use this option of funds, the user needs to install a special program on his smartphone or computer. Money is suitable for purchases in online stores, virtual casinos, games and other operations. They are multipurpose and are accepted not only by issuing organizations, but also by other companies. Among the most famous electronic payment systems based on networks are: Yandex.Money, Webmoney, Cybercash, Rupay. This kind services have a high level of security.

Fiat and non-fiat money

There is another classification of virtual money. They are classified as fiat or non-fiat. The first variety includes the monetary units of a particular country, expressed in the national currency. The issue, circulation, cashing and conversion of fiat money is ensured by state legislation. The second option is a currency issued by a non-government payment system. Governmental bodies of different countries control the issue and circulation of non-fiat money to a certain extent. This option refers to a type of credit money.

Legal status

Since September 2011, electronic payment systems have been controlled by Federal Law No. 161. It reflects all the requirements for issuing organizations and conducting monetary transactions. Previously, this industry was controlled by various laws, but with the entry into force of the draft "On the National Payment System" it became a single document regulating the relations of the parties.

From a legal point of view, electronic money is an indefinite obligation of the issuer to users of payment systems. The issue of funds is carried out as a credit limit or the amount of obligations. The circulation of virtual money is carried out by assigning the right of claims to the issuer. Accounting is carried out using special software or electronic devices. As for the material form of virtual money, it is information that is available to users around the clock.

The economic status of virtual money is a payment instrument that has the properties of traditional means or payment instruments, depending on the chosen implementation method. What unites virtual currency with cash is that users can make payments without using banking systems. Electronic money is similar to traditional payment instruments in that a client can transfer an amount or make a payment without opening an account with financial institutions.

Electronic money and forms of their use

Typically, electronic money is used in online business. Consider this payment instrument as a form of market economy. With the help of virtual money, you can make settlements between clients and companies, while avoiding a large number unnecessary expenses or loss of time. Due to the technical component, electronic payments are carried out instantly, which distinguishes this method from banking operations.

Internet payments

One of the reasons why Russians are starting to use electronic money systems is the ability to instantly make payments via the Internet. The service is available around the clock. You can send money to any other accounts using the details of organizations, individuals, to other wallets, in the form of payments for utility services or cellular communication etc. All transactions are saved by the system and tracked. Instead of the traditional signature of the client, an EDS is used - the most reliable way protecting users' funds.

Credit cards

Another option for using virtual money is credit cards. With the help of physical plastic media, the e-wallet owner can spend virtual savings when paying for purchases in supermarkets, hotels and wherever bank cards are accepted. However, in this case, it is important not to transfer personal data to third parties in order not to lose money. It is especially dangerous to save the details of such cards in online stores.

ATM machines

Quick Service Terminals and ATMs are another convenient way to use your virtual savings. To receive cash, you need to issue an online card in the payment system with bank details, but without a physical medium. It is issued instantly and allows you not only to receive cash through ATMs, but also to pay for purchases on the Internet. Using banking terminals, users can not only withdraw money from virtual wallets, but also replenish online accounts.

Bank checks

To get cash at the cash register of financial institutions, you can consider such an option for using electronic savings as issuing bank checks. There are several ways in this case:

1. Transfer of funds to a bank account with subsequent withdrawal.
2. Transfer of virtual savings to the bank, which will exchange them for cash.
3. Sending electronic money using an international payment system with the possibility of receiving it at any bank.

How electronic payment systems work

Each system has its own operating principles. As a rule, the founders of such non-bank payment services introduce their own digital currency (bitcoin, DigiCash, webmoni, letters of credit, certificates, E-Gold). The fact is that it is illegal to consider electronic money in rubles or dollars. In fact, users can only hope that EPS takes care of its reputation, because there are no legal guarantees at all.

The principles of operation of different payment systems are similar. The founders issue their own currency, after which a cloud financial structure which includes the following:

1. The official Internet portal through which transactions are carried out on user accounts and the registration of new members.
2. Electronic wallets with data on how much a particular client has.
3. Online terminals or gateways through which users' wallets are replenished.
4. Some payment systems create their own network of ATMs or exchange offices.
5. The EPS must necessarily establish cooperation with a financial institution through which the conversion of real money into electronic funds will be carried out.

Opening a wallet

To create an online wallet, the user needs to fill out a form with his personal data and phone number. It should be noted that initially the client gets anonymous access to payments in the system, so passport data is often not verified. However, to move to a higher level and gain access to all the capabilities of the system, you need to go through identification. Additionally, you can link your own to the wallet bank card... This option is not provided by the PayPal service, but the service is available in Yandex.Money or WebMoney payment systems.

The procedure for using an electronic storage device includes the following steps:

• Registration in the selected system.
• Installing a special program on a PC (for example, WebMoney Keeper and others).
• Creation of a virtual wallet or several at once (analogs of currencies).
• Refill.

How to withdraw funds

While it is easy to carry out incoming and outgoing transactions with e-wallets directly through the website, cashing out existing money requires the help of a financial institution or an ATM. Withdrawal of funds is made to the account, card or mobile of the client according to the details. In addition, the use of payment acceptance points is allowed. In this case, the user must transfer money to his wallet and receive a password for cashing out.

As a rule, in order to withdraw funds from an electronic wallet, a client needs:

1. Have an account with EPS.
2. Be able to use correctly special programs.
3. Obtain a sufficient certificate in advance (for example, formal or personal, certain types exist for servicing legal entities).
4. Have on account the required amount taking into account the commission.

Cashing out

Modern users who do not know how to withdraw money from an electronic wallet can use one of the following methods:

1. Transfer through financial institution with conversion to the equivalent of the required currency, if necessary.
2. Return of unused funds via EPS.
3. Translation legal entity physical.
4. Standing payment order issued by the issuing organization.
5. Through guarantee.ru service.
6. Sending an instant transfer to yourself / another person.
7. Using exchange offices.

Advantages and Disadvantages

The use of online systems has its advantages and disadvantages. Before starting a virtual wallet, you should familiarize yourself with them. Among the most important benefits are the following:

1. the ability to make payments around the clock from any country in the world;
2. instant operations;
3. ease of use of systems;
4. no need to stand in lines;
5. high degree of protection against counterfeiting;
6. portability of virtual money;
7. no risk of losing the appearance of banknotes during long-term storage of savings;
8. complete absence human factor(all payments reach the addressee).

Among the disadvantages of using EPS, it is worth noting the following:

• there are commissions for transactions;
• there is a risk of a wallet being hacked and savings being stolen;
• loss of funds in case of loss of data for authorization in the system;
• lack of control over the activities of the EPS by the state services.

Video

Electronic money - a qualitatively new direction in implementation Today, electronic wallets around the world allow you to quickly settle and receive payments for purchases, pay bills, earn money, invest, and all this via the Internet, without leaving your home. Conveniently? Undoubtedly. What is it, and what types of electronic money are the most popular in Russia? All this is in this article.

What is e-money and e-wallet?

Electronic money is the same thing that is in your wallet and on your bank card, the only difference is that they are settled on the Internet. Here, as well as with a card, you can pay for goods via the Internet (moreover, in different countries), exchange them for another currency, pay bills, utility bills and mobile communication, buy air and railway tickets, transfer from wallet to wallet, withdraw them for real money. The list is almost limitless.

Electronic wallets are especially loved by those who prefer freelance earnings, since most of them are anonymous and do not require identification.

Calculation with electronic money is fast and convenient, which does not require filling out paperwork, going to shops and banks and standing in queues. All payments can be made in front of a computer monitor without leaving home, just choose a suitable payment system.

What is EPS?

The concept of electronic money and their types are inextricably linked with the concept of "electronic payment system". This is the organization that takes care of your wallet after opening it, similar to how a bank handles your financial transactions after opening a card account in it.

In Russia, there are various types of electronic money systems, each of which has its own functionality, a different level of development and popularity, a different degree of coverage, and different goals. Some of them interact with each other and allow you to transfer funds from the wallet of one GPT to the wallet of another, of course, with the collection of a certain commission. Why is this done?

Each payment system has its own money. Suppose you want to order some product via the Internet, and you have an open wallet from OPS number 1, where your electronic money is. The online store where you want to make a purchase accepts payments only for OPS number 2. Then you will have a choice - whether to open a wallet in OPS No. 2 and invest money there again, or simply transfer funds to it from OPS wallet No. 1.

How do I put money on my wallet?

Electronic money, the types of which will be considered below, are usually assigned to a specific bank, therefore, it is possible to transfer to electronic money through a bank cash desk. There is such a function through mobile or internet banking. You just need to indicate which payment system you use and how much you want to transfer.

By the way, some types of electronic cards are allowed to create plastic cards that can be used for payments through the terminal. You can also withdraw cash from them, just like with ordinary bank cards.

Types of electronic money and their characteristics

As mentioned above, choosing the right wallet will largely avoid problems with commissions and delays in payment in the future. This decision depends on which country and what types of payments you are going to make. For example, in Belarus, e-wallets with Belarusian currency are active only after a complex identification has been completed, so here you are unlikely to be able to pay with an e-wallet. Of course, not everywhere there are such complex nuances, customers are further offered a choice of popular electronic money, the types of which are used in settlements all over the world.

PayPal

One of the most popular and convenient payment systems in the world - owned by the worldwide eBay auction. PayPal electronic money allows you to pay with them in 203 countries of the world. A particular advantage of PayPal is the numerous types of financial transactions and ways to withdraw cash.

This payment system allows you to:

• transfer any funds from your personal account;
• carry out payment transactions using the mobile version;
• perform simultaneous transactions with several persons;
• send an invoice for payment by mail;
• carry out daily withdrawal of money to the account and much more.

"Yandex money"

The second most popular electronic money, the types of which make it possible to carry out settlements mainly in Russia and the CIS countries - Although they can be transferred to dollars, Ukrainian hryvnia, Belarusian rubles, their main currency is still Russian ruble.

In this system, everything is also fast and simple, you can carry out a huge number of instant operations:

• payment for receipts and services;
• payment for goods;
• accepting payments;
• withdraw money to a plastic card;
• transfer from card to card of another user.

For these services, the OPS removes 0.5% of the commission from the amount. When withdrawing funds - 3%.

The big advantage of Yandex.Money is the ability to connect the wallet directly to your own website. So your customers will be able to instantly pay for the goods using another wallet, bank account or card right on your website.

WebMoney

One of the very first OPS, WebMoney Transfer, is widely used by many users of the Russian-speaking part of the Internet and some Western European countries. However, you should be careful and clearly understand where the payments will be made by connecting this electronic money, the types of which are prohibited, for example, in Germany.

The WebMoney system uses 4 currencies - dollar, hryvnia, Belarusian and Russian ruble. With their help, you can also carry out a huge list of operations - from paying for commodity and financial payments to accepting payment for goods on your own website.

• through the cash desk of Sberbank;
• through the card;
• via mail;
• through exchange offices;
• using Western Union and many others.

Qiwi

Another Russian payment system, which is used more in settlements between the CIS countries. Unfortunately, despite the rather wide range of operations, it is rarely found in online stores. On the other hand, it is quite convenient and quick to pay receipts for an apartment, television, internet and telephone from it.

Especially the Qiwi system fell in love with those who are not particularly friendly with the Internet. The task is simplified thanks to the numerous terminals that help carry out the operations.

In addition to the above, the classification and types of electronic money include systems RUpay, Stormpay, Moneybookers, Liqpay, Wallet One, Money Mail and many others. Their use is not as common as, for example, WebMoney or Yandex.Money. If you want to make payments on the territory of the CIS countries for goods in online stores or, conversely, receive payment on the site, it is better to connect a more popular wallet.

How to start using electronic money

The principle of working with an electronic wallet is usually the same for all payment systems, so we will give a general algorithm of actions.

1. Choose the e-wallet that suits you best and go to its official website.
2. Go through a free registration, fill in the necessary information about yourself, if necessary, indicate your passport data, depending on how you will use this wallet. Some systems recommend going through a verification and identification process. To do this, you will most likely need to send a scan of your passport or come to the OPS office (at the bank branch) to confirm your identity. Such a complex identification system is needed if, for example, you are a private entrepreneur or plan to deposit and withdraw large amounts on your wallet. After passing through, more opportunities for working with the account will open. In contrast, many wallets allow you to open a wallet anonymously. This option is suitable for freelancers who do not want to advertise their income.
3. Some OPS offer to download a mobile offer, which makes it more convenient to perform transactions, for example, WebMoney.
4. The last step involves replenishing the wallet with cash or electronic money.

Caveats

The popularization of electronic money contributes not only to fast payments over the Internet, but also to rapidly developing fraud. Therefore, it is extremely important to choose and trust your funds to reliable trusted companies. If you have not heard about a particular payment system before, you should not enter your personal data in the registration form, and even more so transfer funds without knowing where. Beware of Fraud!

Summary

So, now you know what electronic money is - the essence, types, and forms of use, as well as that it is a convenient, fast and reliable way to carry out monetary transactions right in front of your computer monitor. Trust only trusted payment systems. Firstly, they are now available in almost any online store, railway and air ticket offices, cinemas, and service centers. They allow you to pay any receipts - from fines to loans and payments for an apartment. Secondly, these systems are reliably protected from fraudsters, and you can safely trust them with your funds. Thirdly, they have a huge number of ways to conveniently replenish them and withdraw cash if necessary.