The most famous payment systems on the Internet. Electronic payment systems Main payment systems

Electronic payment systems serve for settlements between organizations and users when buying/selling goods and services on the Internet. For the functioning of such systems it is necessary willingness of sellers to accept electronic money as payment.

Traditional systems allow you to make payments via cash, bank transfer, cash on delivery or postal transfer. Electronic money, which is the main tool for promising e-commerce, has many advantages over traditional payment methods.

EPS are “central banks” unto themselves, and also simultaneously combine the functions of a technical provider, supervisory and legislative body, so the bureaucratic component when working with them is reduced to a minimum.

In addition, electronic money is distinguished by minimum emission costs, since there is no need to mint coins or print banknotes, and unlimited service life, because they do not wear out.

They compact for storage: There is no need to think about additional space or a special mechanical protection device. A automated conversion functions make them even more convenient to use. The icing on the cake is mobile payment systems, which allow you to make online payments from anywhere in the world at any time.

Thus, modern payment systems are a simple and reliable solution for remote financial transactions. They continue to gain popularity, especially among tech-savvy users. Electronic money is actively used for financial transactions in offshore companies, as it allows you to transfer funds anonymously and without verification.

IN In 1871, Western Union made world's first electronic money transfer. True, the translation was carried out using telegraph messages, and it is difficult to consider it electronic in the modern sense. But this year is considered the starting point for the development of EPS.

Paying for goods and services online and transferring funds without leaving your home is at least convenient. EPS allow you to pay for utilities, mobile communications, online purchases, make transfers to bank cards, exchange currency, etc. Their capabilities are constantly expanding and improving.

The electronic payment method is preferred by the largest organizations and banks, and in Internet services it is the main one. But, having before his eyes a list of payment systems, the user asks the question “Which one to choose?” Which of the existing systems is better suited for a specific monetary transaction and offers the best transfer conditions?

The top payment systems consist of reliable and proven services that offer effective solutions for online money transfers.

Which EPS are more profitable to use now? We offer a fresh overview of popular payment systems, ratings and comparison tables of the main international and national electronic payment systems.

What are the types of EPS?

First you need to know what types of electronic payment systems there are and what are the features of each type. The main classification is based on how is money entered into the system?. What options are there for this? According to the payment scheme, EPS are divided into credit and debit. The former work with bank cards, the latter - with electronic checks And digital cash.

Credit

The first type involves managing electronic money using plastic cards. Bank card payment systems are distinguished by additional protection, namely digital signature and message encryption. First, the parties to the transaction enter into a contract, after which payment is made.

If you are looking for an option on which payment system to choose for your card, then among the most popular payment systems operating on the basis of plastic cards are First Virtual, Open Market, CyberCash, CheckFree and others.

Debit

The main international EPS are debit. They allow you to carry out monetary transactions strictly after replenishing your account with digital money. Some debit payment systems accept electronic checks. Among the most popular are NetCash, NetChex, NetCheque and several others.

How payment systems work

The operating principle of all payment systems is the same.

Who is involved in the transaction?

Client, holder of electronic currency who wants to pay for a product or service on the Internet;
Merchant, organization or company that accepts electronic payments;
Issuer, the organization that issued electronic money.

How does the payment system work?

The Client transfers real currency to the Issuer, in return receiving an electronic file for the same amount (less commission);
The Client pays for goods and services using electronic money, which is credited to the account of the Seller, who is ready to accept them;
The seller returns banknote files to the Issuer and receives real money from him.

What is the benefit?

Using a payment system for remote money transfers beneficial for all parties to the transaction:

The seller saves on costs associated with handling and storing cash;
The client makes more profitable purchases due to lower costs from sellers;
The issuer receives a commission for each transaction performed.

What is electronic money

Electronic money is digital cash, presented in the form of an electronic file, equivalent to real currencies and managed by users of the payment system. It is stored on electronic media and is used to make online payments and transfers.

Features of electronic money:

Emission occurs electronic, that is, there are no costs for the production of paper bills or coins;
They are also stored on electronic media;
An organization that issues electronic money guarantees their security with regular money;
They confess as a means of payment not only within the system, but also in settlements with external counterparties.

Electronic money has exactly the same value as the banknotes or coins we are used to, but, unlike the traditional one, digital currency exists only on the Internet. Electronic money easy to exchange for paper equivalents or vice versa: Deposit and withdrawal of funds respectively.

Credit cards have nothing to do with electronic money, since all transactions using bank cards are carried out using regular non-cash money.

Advantages and disadvantages

Advantages	Flaws
Minimum emission costs;	Electronic money is difficult to trace → high probability of arbitrariness and unfair use;
Are not subject to wear and do not have an expiration date;	They work only when there is an Internet connection;
Can be used anywhere and anytime, without reference to the location of the parties to the transaction;	Limited in use because not all organizations accept electronic payments;
High speed of payments and transfers;	It is difficult to recover if you lose your password due to high security requirements;
Confidentiality of monetary transactions;	Personal data provided to the system can be used by other services (for example, tax service).
Transparent transactions and access to the entire history of electronic payments;
There is no need for change;
Safety and security of payment instruments;
There is no need for recalculation and transportation of banknotes;
Stored on electronic media and do not require additional space;

Storage and use of electronic money

As we have already noted, electronic money is compact, that is, it does not require additional space to store it. They are created and stored electronically, namely in the wallet.

Online wallet or e-wallet is software designed for storing electronic funds and using them within one payment system.

The issue of secure storage of digital cash and the security of electronic payment systems in general must be taken seriously. On the one side, all EPS, without exception, are equipped with protective systems that ensure their safety. But each user must take care of the safety of his electronic wallet and protect its contents as much as possible from fraudsters operating in cyberspace.

Therefore, it is important to choose the most reliable protection for your wallet.

You can strengthen your security measures by using one-time passwords, if such an option is provided by the selected payment system, and also store them on a flash drive or in a notebook.

Popular payment systems in Russia

Electronic payment systems first appeared in Russia in 1998. That's when the PayCash company started operating. A year later, the popular one appeared, which as of 2019 continues to dominate the digital cash market.

The activities of EPS in the Russian Federation are regulated at the state level through the law “ About the national payment system” .

Total number of employees in the country more than 20 payment systems. Which EPS is the best - there is no clear answer. It all depends depending on the area of activity of each client And his priority needs when working with digital cash.

When choosing a payment system, you must be guided by its capabilities and functionality so that the service meets exactly your needs. For some users, the option of easy and free replenishment of their wallet with various payment methods is important. For some, speed of money transfer is a priority. Others choose local payment systems that were created taking into account the realities of the market and functioning banks.

We have identified the most significant and promising modern payment systems.

When created: 2012;
Where is it used?: the service works with financial institutions in more than two hundred countries, the number of users reaches 2.5 million, about 5,000 accounts are created daily.
Peculiarities :

replenish your wallet in more than 150 ways;
mass payments via API to many wallets without restrictions;
transfers in rub, usd, eur and other currencies without account verification;
anonymity of transactions;
various mandatory and optional account security features;
user wallets are never blocked;
MasterCard Platinum for purchasing and withdrawing cash worldwide without commission.

When created: 2014;
Where is it used?: operates in more than 200 countries;
Peculiarities :

several currencies in one account: by default RUB USD, EUR, you can also add GBP, UAH, KZT, BRL;
no commission for internal transfers;
fast mass payments;
multi-level security settings;
used as a reliable safe for storing digital cash;
AdvCach plastic and virtual card with an account in USD or EUR, with which you can pay without commissions and withdraw cash anywhere in the world.

3. Perfect Money

When created: 2007;
Where is it used?: in Russia and CIS countries;
Peculiarities :

low commissions (0.5% for verified users);
you can create up to 6 wallets in one account;
accounts in USD, EUR and gold equivalent;
the ability to have a subaccount with a separate login and password: it is limited in functionality (you can transfer and accept electronic money from it);
the subaccount is replenished from the main account without commission;
you can have your own e-Voucher (electronic voucher) in cash equivalent;
gradation of users and trust rating;
information about cash flows within the system is confidential and protected from other users, including government agencies;
increased level of system security.

When created: 2011;
Where is it used?: The system serves more than 500,000 users from 100+ countries and cooperates with 1000+ companies from all over the world.
Peculiarities :

supports three currencies: rub, usd and eur;
replenishing your account with cryptocurrency, which is automatically converted into dollars or euros;
the ability to quickly deposit and withdraw funds in Qiwi, Yandex Money and WebMoney with low commissions;
a universal card allows you to pay for purchases without commission and withdraw money from ATMs in Russia and anywhere in the world;
You can receive notifications about each transaction on your mobile phone.

When created: 1998;
Where is it used?: the client base consists of more than 20 million users, and the system’s wallets are used in 35% of the entire Russian segment of the Internet.
Peculiarities :

versatility: the ability to transfer and pay for goods and services in various currencies;
To gain access to the full functionality of the service, you need to undergo mandatory registration, provide a photocopy of your passport and receive a formal certificate;
The account owner can open an unlimited number of wallets in the system in different currencies, including gold;
all user accounts are combined into a special WebMoney Keeper storage, which has an individual WMID number;
transactions in the system are instantaneous and cannot be recalled;
transaction fee is 0.8%;
the higher the account status, the more opportunities its user has;
high system reliability;
For safe deposit and withdrawal of funds, the system is programmed to automatically block user wallets.

6. QIWI

When created: 2007;
Where is it used?: in 22 countries of the world: Russia, Moldova, Kazakhstan, Belarus, USA, etc.
Peculiarities :

simplified registration: to create a wallet, just indicate your mobile phone number;
used not only for electronic payments, but also for non-cash banking transactions using Visa cards;
the ability to replenish your account and withdraw funds in several different ways;
depositing funds and paying for many services is carried out without commission;
a large list of payments for services and purchases on the Internet;
low commissions for transfers and the ability to make payments via SMS;
You can order a free virtual or plastic card linked to the funds in your wallet, which is easier to manage.

When created: in 2002 by the Russian search engine Yandex;
Where is it used?: the system is aimed at online business and e-commerce in Russia and other CIS countries;
Peculiarities :

a commercial non-banking organization licensed by the Central Bank;
recognized as one of the most universal payment systems;
two work options: Yandex. Wallet, which is entered from the Yandex money website, and Internet. Wallet, a program installed on a computer or mobile phone;
you can open an anonymous, personalized or identified wallet;
The status of the wallet affects the limits and the maximum possible account balance;
possibility of replenishing the account by transfer from an individual.

Now the list of payment systems in Russia is headed by Yandex.Money, the role of other electronic payment systems is less significant.

International payment systems

The list of the most famous international payment systems is opened by the American companies Visa and, which offer non-cash payments using bank cards.

According to expert estimates, in Russia Visa is leading by a slight margin: it occupies about 50% of the market, Mastercard – 40%. The remaining 10% are divided among themselves as foreigners ( JCB, Maestro, American Express, China Union Pay), and other domestic EPS ( “Golden Crown”, MIR, Pro100) Services.

When issuing a card, bank specialists ask the client which payment system he prefers - Visa or Mastercard.

Visa- the largest international payment system with a turnover of $4.8 trillion. Visa cards are accepted for payment in 200 countries. Main currency - U.S. $, which is why, for example, in the USA it is better to use a card of this payment system - the conversion rate will be more profitable. In Russia, it is possible to issue a Visa card for a dollar and ruble account.

The headquarters is also located in the United States, but the base currency of operations of this system is the euro. Therefore, for monetary transactions in Europe, the MasterCard card is more profitable. Conversion depends on the country in which the user is located: in America it is carried out through the dollar, in the Eurozone - through the euro. Mastercard is used in 210 countries around the world, but is inferior in coverage to Visa. Now about 16% of bank cards are issued with the Mastercard logo.

In the USA, Canada, Southeast Asian countries, Mexico, Australia, the Dominican Republic or Latin American countries, it is better to use a Visa card. In European and African countries it is more profitable to use. In China and Russia, the differences between these systems are not significant.

Not all international EPS that are available to users from foreign countries are used in Russia. The reasons may include difficulties with depositing and withdrawing funds, as well as territorial restrictions in application.

For a person with an active lifestyle who often travels outside the country, ideally it is better to have at least two cards from different payment systems that are popular worldwide. In this case, the risk of not accepting the card or canceling transactions on it will be minimal.

National payment systems

The most popular national payment system in Russia now is “MIR”. It was created in 2014, and a year later the first national payment card was issued on its basis. “MIR” was created as alternative to global competitors in case they leave the Russian market under the influence of sanctions, and is called upon ensure the financial security of the country from external political and economic factors.

The Mir card allows you to pay for goods and services, withdraw money from an ATM and transfer funds anywhere in Russia. All operations can be carried out using bank terminals or remotely, on the Internet or through a mobile application.

Almost every country in the world today has its own electronic money, which is integrated with popular international services for greater efficiency. At their core, national systems do not offer the user anything new and do not pursue the goal of capturing the world market. They allow the state to conduct an independent policy and be capable work offline, if suddenly the country’s national banks are disconnected from international systems.

European payment systems

In Europe, bank cards remain the most popular payment method. However, the European payment system is very diverse. Residents of some countries almost never use international Visa or MasterCard, preferring national payment systems.

A notable example is France, where 85% of residents use local Carte Bleue.

In Holland, a significant part of the market is occupied by the local iDeal, and in Sweden - Klarna, which can be used to pay in 15 thousand online stores.

In Germany, the most preferred online payment method is ELV (Elektronisches Lastschriftverfahren) - an electronic direct debit payment method supported by German banks.

A Spaniards and Italians mostly pay with Visa or Mastercard, while in Turkey these cards are practically not used.

Thus, it is clear that in Europe there is much more variety in payment methods, and credit cards are the most popular method of online payments, as they are all over the world.

Electronic payment systems of China

The national payment system created by the Alibaba Group empire ranks 60% Chinese market and dominates among all possible payment methods.

This is the largest and most famous payment system in China, its services are widely used more than 520 million people. “Trust-based payments” – the creators of the platform place the main emphasis on security and protection of user rights, offering 100% compensation for unauthorized payments. Among the advantages of Alipay, free registration and no commission for withdrawal of funds are noted. The official Alipay website also supports Russian.

The world-famous AliExpress platform is creating a special version of the Alipay wallet for more affordable payment for goods through this payment system and other Alibaba Group projects.

Tenpay, which is chosen by fans of online games, and UnionPay, the only government system supported by the Central Bank of China, are also considered reliable and profitable electronic payment systems in China.

Hello, dear readers of the blog site. Electronic money is increasingly becoming part of our lives. This is connected primarily, which has now become one of the most necessary attributes of our lives.

Moreover, he has long since crossed the level when we only gained 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 their own systems of mutual payments arise, allowing one to move away from.

At the moment, there are already several dozen payment systems in Russia alone, and even more in the world. Of course, not all of them are well-known, but the very fact that there is competition gives ordinary users of electronic payments (all sorts of goodies to entice), which might not have existed in the absence of a fight for the client.

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

Three leading payment systems in Russia

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

But not only on the Internet, because now various electronic wallets offer you to use those on them not only for any operations on the Internet, but also in real life. For example, a system linked to an account, with which you can pay for your purchases in real life (supermarket, boutique, gas stations and other places where cards are accepted for payment). In fact, many payment systems already offer similar services.

In Russia you can highlight 3 leading payment systems, but I think it’s unlikely to be possible to put them in their strict places. In each individual case, you will need to choose exactly according to your needs.

For example, Qiwi is truly a “people's” system and everyone who knows what payment terminals are works with it. At the same time, WebMoney is used by almost everyone who earns money in the Russian-speaking part of the RuNet. Both 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 me to make a single payment or authorization on sites without confirming this action on my mobile phone (you receive a confirmation code in the form of SMS, or you install a special application on your phone to generate it).

Also, the safety and security of this electronic money depends. There are several 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 conditional (in fact, these are just title units), but are strictly tied to the official exchange rate of the real currencies coinciding with them (fiat money).

The main ones, of course, are dollars (WMZ) and rubles (WMR), but euros (WME), hryvnia (WMU), Belarusian rubles (WMB), etc. are also in circulation. In this regard, the need very often arises. Read about the most profitable ways to do this in the article below.

Electronic Yandex Money

Personally, this system attracts me because it can link a plastic card from Yandex to your wallet, so that you can then 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 equal to the balance on the card and no interest is charged for such use (a commission is charged only when withdrawing money from an ATM). In my opinion, this is a very convenient way to withdraw pennies earned on the Internet.

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

8 best electronic payment systems in the world

— once upon a time, the Payoneer Mastercard was the only acceptable way to withdraw funds earned by freelancers and stockers abroad. Nowadays, quite a few similar systems have already appeared, but Payoneer (or Pioneer) still remains in great demand, because many bourgeois exchanges and sites for making money cooperate only with it.

The main feature of the system is to receive a branded card and withdraw money earned abroad from it through any ATM in the world. Although it is now possible to withdraw money from a Payoneer account directly to an account in a local bank and with a not very high commission percentage, many do not want to show their income to the bank and use the card, because it is not connected to a bank account (prepaid) and there are no problems there should not be any problems with the tax authorities only when using it.

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

Liqpay— Ukrainian payment system, the account in which is linked to the account in Privat Bank. It positions itself as an alternative to the world-famous PayPal and Moneybookers, but in reality this is, of course, far from the case. Working with electronic money is quite safe, and read about the rest at the link provided.

10 most popular cryptocurrencies in the world

Cryptocurrency in general is difficult to classify as a payment system, because due to the nature of this system, there cannot be owners or people managing (and even administering) this system. She is launched and she begins to live her own life, essentially not obeying anyone (all thanks to cryptography based on the great and terrible, which simply 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 not yet a developed network of services and goods that could be bought with crypto-money. Something is possible somewhere, but it is still in its infancy. But at the same time, speaking about electronic money, it is impossible not to plunge into the crypto world. Why?

Because cryptocurrency is an excellent tool for speculation, i.e. fast, often high-risk, but also very high earnings. Someone sells their home, and in a month or two doubles their capital. Some people play “small” and have a stable additional source of income. There is a rush of demand for cryptocurrency and it is becoming more expensive.

Almost any cryptocurrency can be freely exchanged (buy or sell) for fiat (rubles, dollars, euros...) or electronic (Qiwi, Poisons, AdvaCash...) money. For this purpose, there are a whole bunch of special services on the network that can be divided into two parts.

Good day everyone!

The Internet is becoming more and more integrated into our lives. Now you can quickly transfer money to relatives or friends, buy some things, pay for insurance, receipts - and all this without leaving your home!

All these transactions with money cannot be carried out without payment systems . Now, of course, many online stores allow you to pay by card, but not all stores allow you to get by with just plastic. I'm not even talking about transfers, the same interbank payment can take up to 5 days, and a transfer, say, to QIWI - up to 5 minutes! The difference is obvious ☺...

In this article I want to focus on the most necessary payment cards that are used on the Internet (where it is relatively safe to store and manage money). By the way, many of them allow you to save money, because... commissions for transfers within their system are cheaper than in many Internet banks...

Note: I highly recommend that you provide your correct passport information when registering in payment systems (check everything 2-3 times). One mistake of 1-2 letters - and you may have problems with the account being blocked or frozen until clarification. In addition, unconfirmed wallets have certain limits on the use of funds.

QIWI wallet is one of the simplest and most convenient ways to pay for purchases and make transfers on the Internet. All you need to get started is just a mobile phone (when registering, QIWI strictly binds the mobile number (for security purposes)).

The service allows you to pay utility bills, make purchases, make instant money transfers, and all this with a very low commission (of course, relative to other services). QIWI also has a fairly wide network of payment terminals, a mobile application, and various Internet resources, which all together make using this payment system simple and convenient.

Main advantages:

operates in many countries of the world (more than 20 at the time of writing);
operations and transfers are carried out almost instantly (commissions are minimal or absent);
there are very (this is the return of a certain percentage of the cost of purchases (for example, you bought a product worth 1000 rubles - 100 rubles returned to your wallet). According to some offers from online stores, cashback reaches 10-15%!) ;
close integration with other Internet wallets, operator’s mobile account;
easy replenishment of your wallet (and in many cases without commission) from Internet banks, cards, and other payments;
If there is no Internet connection, you can even send a transfer using an SMS message;
the interface is friendly and allows you to complete your task (transfer, deposit, withdrawal, etc.) in an easy step-by-step manner;
before making a transfer, QIWI will warn you about all commissions;
you can order a plastic or virtual card (and pay with it like a regular bank card).

Yandex money

A very popular Internet payment system in our country. It is distinguished primarily by its simple registration and use. In addition, the fact that the system is supported by one of the most popular search engines, Yandex, also contributes to its popularity.

Payment for the order: please note that Yandex provides no guarantee that your purchase will be delivered to you (otherwise you can dispute it and get your money back)

Main advantages:

WebMoney

One of the oldest, most popular and multifunctional payment systems on the Internet (appeared in 1998, even many banks have gone into oblivion during this difficult time, but WebMoney lives and develops). It has a number of unique services, because... say, the flagship in Internet payments ☺.

Main advantages:

accepted in most online stores (the most widespread);
works in many countries of the world (widespread in the CIS);
wallets can be in different currencies: Russian rubles, Belarusian rubles, hryvnia, dollars, and even bitcoins! You can convert currencies from one to another using your own exchange (minimum percentage);
one of the highest levels of security (there is nothing like this anywhere else!): special. application for PC and smartphones, key file, password for access to the application and key file, working with ENUM. WebMoney also provides certificates and BL (a kind of honesty and respect rating ☺) for each of the participants. This also promotes honest and open work;
a huge number of possibilities for replenishing and withdrawing funds from the account: bank cards, accounts, other payment systems, money transfers, etc.
instant transfers within the system;
the ability to transfer money with a protection code (until the code is entered, the money will not be credited to the recipient’s account. Convenient when you want to protect yourself, in case you sent it to the wrong person, or he has not yet performed the service for you);
possibility of organizing payment acceptance;
the ability to conduct transactions (protected!);
easy and fast payment for utilities, cable TV, Internet, mobile phone and much more (everything cannot be described in one article - this is a very multifunctional payment system with constantly expanding capabilities!).

PayPal

One of the most popular payment systems in the World, more than 200 million registered people at the time of publication of the article! Payment, of course, is not yet so widespread in Russia (it came to us not so long ago), but abroad it is used in the vast majority of online stores and services.

One of the main advantages of the system: it is easy to transfer; you just need to know the participant’s e-mail, and you can send him money! Moreover, PayPal guarantees the safety of your funds and gives a certain time (up to 180 days) to dispute the transaction (for example, you ordered something on the Internet, but you were deceived and the goods were not provided - PayPal will return your money!).

Main advantages:

the most widespread in the World - if you want to receive a money transfer from abroad, there is nothing easier than with PayPal (it’s just that hardly anyone knows about QIWI there ☺);
high level of security;
the possibility of challenging the transaction (refund of funds);
there is a mobile application (and, by the way, very convenient!);
instant transfer of funds from account to account;
protection of your bank card on the Internet - when paying, it is nowhere to be seen (the card is linked to your PayPal account and upon purchase, the money from the card goes through this payment system. That is, no online store will recognize your personal data from the card).

Rapida

Rapida is a popular Russian payment system, intended mainly for paying for various services: utilities, telephone communications, Internet access, loans, etc. It should be noted that the popularity of the system is somewhat lower than that of WebMoney or Yandex-money (apparently due to the fact that the original system was aimed at working with large companies: utilities, banks, search engines, etc.), but recently Rapida is winning back part of the market...

You can top up your wallet in Rapida using terminals, banks, plastic cards, and operators such as Euroset, Svyaznoy, and Tekhnosila.

Key Features:

payment of loans regardless of your bank’s work schedule - Rapida will transfer everything urgently at any time of the day;
ample opportunities for work: you can pay housing and communal services, traffic police fines, Internet services, make transfers, top up your phone account, buy a ticket or voucher, order a prepaid card and much more in a couple of mouse clicks!
minimum commissions for withdrawals to other payment systems and plastic bank cards;
for Megafon and Beeline subscribers it is possible to make a payment directly from a mobile phone, indicating the transaction code and amount;
Detailed statistics on your payment are always available on the service’s website (money will not get stuck or lost during the transfer).

W1 (single wallet)

"W1" aka "Unified Wallet" (or "Wallet One") is an electronic payment system designed to combine all Internet payments in a single wallet (i.e. in its ☺). The wallet works with many countries, including: Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, etc. It is distinguished by close integration with mobile phones (in Viber you can now view your account balance and manage it), and low commissions for transfers and replenishments accounts.

Main advantages:

payment for mobile communications services, housing and communal services, cable TV, etc. popular tasks;
payment of loans 24 hours per day;
transfers within the system in minutes!
shopping in online stores;
transfer of funds to other payment systems: WebMoney, Yandex-money, etc.;
it is possible to exchange messages between users of W1 wallets;
Tight integration with mobile (tight integration with Viber).

[email protected]

A fairly convenient service for transferring money from card to card and between users registered in this payment system. To transfer money from one to another, you only need to know the e-mail address. Do you agree, it’s convenient?!

In general, the service is not so popular yet, but over time it should gain momentum due to the large Mail.ru audience.

Main advantages:

money in the wallet in the system is stored in Raiffeisenbank (which gives greater reliability);
no need to install any additional programs;
the ability to quickly and with minimal commission transfer money from card to card;
Your bank card is easily and quickly linked to your account, and then you don’t have to use it when making online payments;
many ways to replenish your account: QIWI, ATMs, bank transfers, using cards, etc.
high security of the wallet and transfers (to transfer money you need to enter a payment password). After stopping work with the service, after 15 minutes. access to the wallet is automatically closed.

Perhaps one of the disadvantages is that the system can only work with rubles. Also quite weak prevalence in Russia (and its complete absence abroad) ...

In the modern world, people are increasingly choosing attractive conditions for electronic payment systems provided by financial and investment companies. The electronic currency used by such payment systems is as significant as regular finances in a wallet or on a bank card. The speed, convenience and reliability of transactions is carried out using online payment systems.

What is an electronic payment system (EPS)

An electronic payment system is an Internet service that allows you to quickly transfer funds from one account to another within one system or between electronic payment systems - the so-called electronic currency exchange. For this purpose, specially created platforms and various software wallets are used. In addition to transfers, using the payment system, you can pay for goods or services, carry out investment activities and other payments. Funds appear in the EPS by depositing them into your account by the user himself or other persons. This is done in different ways:

from your bank cards;
Bank transaction;
transfer from another user or organization.

Currently, there are a number of popular payment systems. Each of them has both its pros and cons. Before creating an account on any service, you must carefully study all its features. Let's take a quick look at some EPS in descending order of popularity.

WebMoney Transfer

This is one of the oldest and largest payment systems, popular mainly in Russia. However, its popularity is slowly but surely falling due to the complexity of use. Using this service, you can carry out various transactions using virtual currency. You can open your account for storage and settlements in rubles, dollars, euros and Ukrainian hryvnia.

One of the most popular services. It is most popular among Russian-speaking users. You can issue a plastic or virtual card that has a single account with an electronic wallet. Transfers are made without commission and are denominated in rubles.

Qiwi

A payment service created by Russian developers and aimed at Russian users. The main purpose is to make quick payments for various goods and services. You can top up your mobile phone and pay utility bills. You can make a transfer using specialized payment terminals, a web browser and an application for a smartphone/tablet.

Paypal

Large international EPS with a high level of security. It is possible to link a bank card. Payments are made without disclosing the card details. The account can be managed using a mobile device. There is a special system that protects the buyer. Paypal is popular mainly among foreign users.

PerfectMoney

Convenient international payment system with a high level of security, both currency and user data. There is a Russian version. Using this service you can make payments, transfers and store funds. The service has its own deposit program with interest accrual on the account balance.

Payza

This service has very good protection of electronic currency and personal data of the user. It allows you to make fund transfers without additional fees. Uses a large number of types of electronic currency. There is an affiliate program.

Payeer

To use this payment system, there is no mandatory identification of the account owner. The presence of exchange services is noted. The system is convenient for carrying out investment activities.

OkPay

This payment system has a wide range of different options to complete the procedure for replenishing an electronic wallet and withdrawing funds. Fast and profitable transactions. Carrying out various translations, including by email. Making automatic payments. You can open an account to store virtual currency. There is a deposit program with interest accrual on the account balance.

Advanced Cash

A payment service that is popular in the field of investment activities. Using this service it is convenient to accept payments. There is a multi-currency account. Specialist support is provided around the clock. You can make instant payments within the network without paying a commission.

Bitcoin

Using this service you can store cryptocurrency. You can also conduct transactions with its participation. The service interface is convenient and understandable for users. Registration is fast and free. High level of security for transactions and personal user data. After registration, all the necessary functionality for working with virtual currency becomes available to the user.

Share.

As a result of studying the material in this chapter, the student should: know

definition of electronic payment and electronic payment system;
electronic payment instruments;
requirements for payment systems; be able to
formulate requirements for an electronic payment system;
identify and classify electronic payment systems according to the payment instruments used;

own

knowledge of the types of payment systems and payment instruments used in EC;
modern electronic payment technologies.

Definition of electronic payment and electronic payment system

Payment is money paid for purchased goods or services, for the use of resources, reimbursement of a loan, settlement of obligations, etc.

Electronic payment is a payment made using electronic telecommunications and electronic payment instruments. Electronic telecommunications include information networks, primarily the Internet and cellular networks, networks of ATMs and electronic payment terminals, POS terminals.

Electronic payment instruments include bank transfer of money from one account to another, carried out using electronic means, bank plastic cards, smart cards, electronic money in the form of electronic checks and in the form of virtual monetary units. Electronic payments are divided into cash and non-cash. Non-cash payments are used for remote transfers of funds, for settlements with digital money, bank and non-bank plastic cards, etc. Non-cash payments include Internet payments made on the Internet

using accounts on plastic cards, accounts of cellular operators, through ED.

Electronic payment system. An electronic payment system (EPS) is a set of hardware devices, software, information networks and organizational structure that provide one or more types of payments:

remote electronic funds transfer;
payments using plastic cards with a magnetic stripe or smart cards;
ED payments;
acceptance or payment of cash from individuals.

Electronic payment systems can be implemented by both government and commercial organizations. Commercial payment systems are organized by individuals or legal entities. With the help of EPS, goods, work, services are paid for, cash is received from credit institutions, money is transferred from the account of one organization or individual to the account of another organization or another individual. The technologies they use allow settlements to be made directly between counterparties. This excludes the transfer of money from one account to another in a bank or other financial institution. Electronic payment systems also include banking and non-banking payment terminals, remote financial services and remote banking services (RBS), including Internet banking and SMS banking, mobile banking, mobile financial services of cellular operators, and electronic money. The payment terminal is intended for:

accepting payments for mobile communication services, utilities, Internet service providers, payments to repay bank loans;
replenishment of personal accounts in payment systems, bank card accounts.

Payment terminals are the most popular method of making instant electronic payments. According to J"son of Partners Consulting 0PC), payment terminals occupied more than half of the EPS market in 2012, and in 2013 their volume decreased to 46%. According to JPC, by 2018 the turnover of payment terminals will decrease to 31 %. The structure of payments through non-bank payment terminals will change. The share of payments for mobile communication services will significantly decrease, and the share of money transfers will increase.

The legal status of payment systems was established by the Federal Law of June 27, 2011 No. 161-FZ “On the National Payment System”. According to this law, payment systems must obtain a license from the Central Bank confirming the status of either a non-bank credit organization (NPO) or a bank. The first Russian system to receive a license is the CONTACT system. It received number 0001 on August 3, 2012 in the Unified State Register of Payment System Operators. All types of financial services are now accountable to the Central Bank. Many payment systems have brought their structure into compliance with the law. Thus, the WebMoney payment system has an agreement with a partner bank, Yandex.Money and [email protected] are registered as non-profit organizations. The Qiwi system has acquired its own bank. Payment systems serve tens of millions of Russian citizens and control billions of dollars in cash flows.

The first domestic electronic payment systems appeared in 1997-1998. (CyberPlat - 1997, Assist - 1998, WebMoney - 1998). Large payment systems created in recent years include OSMP - 2004, ChronoPay - 2005. It is characteristic of the first domestic payment systems that they were created as Internet gateways (IPG - internet payment gateway) of large banks. For example, the CyberPlat payment system was created as a division of Platina Bank.

The main payment systems currently used for online payments include WebMoney, Qiwi, Yandex.Money, RBK Money, PayPal, Rapida.

The main types of operations performed using EPS. The legality of the activities of commercial EPS follows from the provisions of the Federal Law of December 2, 1990 No. 395-1 “On Banks and Banking Activities”. The main operations performed using EPS include:

1) acceptance of cash from individuals for transfer to an individual or legal entity providing services;
2) transactions using bank cards and payment cards of issuers other than credit institutions;
3) operations using virtual monetary units (digital money);
4) electronic transfer of funds from the account of one enterprise to the account of another.