Electronic payment systems, of course, are a convenient financial tool that allows you to simply and quickly resolve issues related to various payment transactions. In Russia, the most famous and frequently used systems are Yandex. Money and WebMoney, which are not leaders in the foreign market. Popular foreign systems are organized according to similar principles, but have their own characteristics and differences.
The most famous and popular foreign payment system
PayPal is the world's most popular e-currency operator. It develops very quickly, works with 26 types of currencies, has a good security system. Russian users using PayPal can pay for services and purchases in online stores. The disadvantage of this system for users from the Russian Federation is that money can only be withdrawn to accounts opened with US banks. In the future, PayPal plans to pay users interest for keeping funds in its accounts.
On June 24, 2013, PayPal mistakenly credited US resident Chris Reynolds with 92,233,730,368,547,800.0. Several hours before the error was fixed, Chris was more than a million times richer than the richest man in the world.
Lesser known
E-gold is a foreign payment system founded by Gold & Silver Reserve in 1996. The system's money is backed by precious metals, which allows users to not tie their accounts to any particular currency. It is quite convenient, using this electronic system, to make international purchases and payments, to pay for purchases on the Internet, to make almost any online payments. It is possible to replenish an account in E-gold at exchange offices that accept cash, or to deposit funds through other payment systems. You can withdraw funds from this system by bank transfers, or by exchange for electronic currency of another payment operator. Due to the stricter control over users, sometimes problems arise when working with the system. Therefore, E-gold has recently significantly lost its popularity.
Legally, e-gold is a receipt for the placement of a specified amount of gold for storage with E-gold Ltd.
The StormPay system was founded in 2002, payments through it are made in US dollars. StormPay uses an email address as the account number. Using the interface of this system, you can pay for online purchases, as well as transfer funds to WebMoney through any electronic exchange office. Has the highest level of protection.
Moneybookers is an electronic money system that allows you to deposit and withdraw funds via e-mail. Allows you to transfer money to a bank or exchange for electronic currency WebMoney. In Moneybookers, a very small commission is charged from the payment made (1% of the amount, but not more than 0.5 euros), thanks to which the popularity of the system is growing rapidly.
