Electronic money: types, classification, concept, characteristics

Table of contents:

Electronic money: types, classification, concept, characteristics
Electronic money: types, classification, concept, characteristics
Anonim

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

types of electronic money
types of electronic money

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 calculated online. Here, just like with a card, you can pay for goods via the Internet (and to different countries), exchange them for another currency, pay bills, utility bills and mobile communications, 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, because inmost of them are anonymous and do not require identification of passport data.

Payment with electronic money is fast and convenient, it does not require filling out paperwork, going to shops and banks and standing in lines. All payments can be made at the computer monitor without leaving home, just choose the appropriate payment system.

types of electronic money in Russia
types of electronic money in Russia

What is EPS?

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

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

Each payment system has its own money. Suppose you want to order some goods 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 only accepts payments 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 from OPS No. 1 wallet to it.

classification and types of electronic money
classification and types of electronic money

Howput money in your wallet?

Electronic money, the types of which will be discussed below, as a rule, is assigned to a specific bank, so you can transfer cash to electronic money through a bank teller. 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 new money allow you to create plastic cards that can be used to make payments through the terminal. You can also withdraw cash from them, just like with regular bank cards.

electronic money essence types and forms of use
electronic money essence types and forms of use

Types of electronic money and their characteristics

As mentioned above, choosing the right wallet will largely avoid problems with commissions and payment delays in the future. This decision depends on which country and what types of payments you are going to make. For example, in Belarus, electronic 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 electronic 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 global eBay auction. PayPal electronic money allows you to pay with them in 203 countries of the world. A special advantage of PayPal are the numerous types of financi altransactions and cash withdrawal methods.

This payment system allows:

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

Yandex. Money

The second most popular electronic money, the types of which allow you to make payments mainly in Russia and the CIS countries, is Yandex. Money. Although they have the ability to convert to dollars, Ukrainian hryvnia, Belarusian rubles, yet their main currency is the Russian ruble.

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

  • payment of 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 directly on your website.

types of electronic money and their characteristics
types of electronic money and their characteristics

WebMoney

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

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.

A huge advantage of WebMoney can be considered its numerous replenishment options:

  • through the cash desk of Sberbank;
  • through card;
  • via mail;
  • through exchange offices;
  • through Western Union and more.
types of electronic money systems
types of electronic money systems

Qiwi

Another Russian payment system used mostly in settlements between CIS countries. Unfortunately, despite the rather wide range of operations, it is rarely seen in online stores. But it is quite convenient and quick to pay receipts for an apartment, television, Internet and telephone.

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

In addition to the above, the classification and types of electronic money include RUpay, Stormpay, Moneybookers, Liqpay, "Single Wallet", "Money Mail" and many others. Their use is not foundoften, such as 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. Pass a free registration, fill in the necessary data about yourself, if necessary, indicate your passport data, depending on how you will use this wallet. Some systems recommend that you go 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 (bank branch) to confirm your identity. Such a complex identification system is needed if you, for example, are a private entrepreneur or plan to deposit and withdraw large amounts on your wallet. After passing, more opportunities for working with the account will open. Many wallets, on the other hand, allow you to open your wallet anonymously. This option is suitable for freelancers who do not want to advertise their income.
  3. Some OSOs offer to download a mobile offer that is more convenient to make transactions, for example, WebMoney.
  4. The last step involves replenishing the wallet with cash or electronic money.

Cautions

PromotionElectronic money contributes not only to fast payments via 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 into the registration form, and even more so transfer funds without knowing where. Beware of scams!

CV

So, now you know what electronic money is - the essence, types, and forms of use, as well as the fact that it is a convenient, fast and reliable way to carry out money transactions right at your computer monitor. Trust only trusted payment systems. Firstly, today they are available in almost any online store, railway and air ticket office, cinemas, 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 scammers, and you can completely trust them with your funds without fear. Thirdly, they have a huge number of ways to conveniently replenish and withdraw cash if necessary.

Recommended: