The digital age has already arrived and everything around is becoming tied to electronics or the Internet. Even money began to turn into plastic cards and wallets on computers.
Progress continues, soon, paper bills can lose their relevance at all , so it is important to understand all this.
What is electronic money, how to transfer, earn, withdraw? These include not only the currency produced by payment systems on the Internet.
Electronic funds are counted and funds on plastic cards. Although they are not, because the card is a form of contract with the bank, providing the necessary amount on demand.
This article is about payment systems (such as WebMoney and Yandex Money). Over the past few years they have gained immense popularity.
Millions of accounts are served, the total amount of transactions is growing steadily, even the production of plastic cards has begun, with which you can pay in a regular store.
To explain how this works, take the example of Webmoney. This bills available accounts for title signs, equivalent to several national currencies (WMR-rubles, WMZ - dollars, etc.).
Title units are securities that are provided when real money is transferred.
In fact, when replenishing their wallet, customers buy securities. They can be calculated on the Internet, transferred to another person, displayed on the Sberbank card, and so on.
Therefore, it is important to use the services of proven and large payment systems. All of them are officially registered and work within the law.
It is not surprising that this format of money is widely used, they have a lot of advantages. The first and obvious is simplicity and usability.
Being anywhere, you can make a transfer to anywhere in the world and the funds will come to the recipient in a few seconds. In addition:
It also doesn’t do without minuses, periodically the activity of payment systems falls under the new laws and you have to change something (often to the detriment of your customers).
Also in Russia, while electronic money is not so developed, it is not always possible to make a payment, and some do not have suitable details.
A wide range of payments is offered, but not every company provides really high-quality services. Professionals open accounts in all systems, because from time to time they come in handy for different purposes.
If we talk about the market leaders in Runet, then the first lines are occupied by electronic money systems:
Overseas, such systems as PayPal and Payza are more popular.You can also register for them, but there are far fewer resources on the RuNet where such electronic money is entered and withdrawn.
The level of distribution plays an important role, therefore it is better to choose well-known bills on the territory of the former USSR.
You can transfer money to any virtual wallet without creating one. For example, if you are asked to throw money, you can go to the Online Sberbank, choose the appropriate option at any ATM, or use the usual multicash.
If you want to transfer money to your e-wallet, then log in first, and then go to the “Deposit” section. Each payment system has a different payment method. For example, take Yandex. Money:
As you can see, there are 4 main options available (on the same page below, there are other ways). If you select a bank card, you will need to specify its data and amount.
After that, confirm the operation (usually via SMS). Usually funds are transferred instantly, but according to the rules, 5 banking days are allocated for this.
Making transfers in payment systems easier than ever. Again, we will show a clear example, but now consider the QIWI payment system. We enter the personal account and find there a suitable way to transfer or withdraw:
Payment systems offer the most convenient interface. Depending on the chosen method of translation or output, further actions differ. For example, to send money to another wallet, the following form is filled in:
Regarding the withdrawal, it is worth mentioning separately. The fact is, a law has been passed in Russia requiring payment systems to collect information about customers. At such measures had to go because of the spread of fraud.
Therefore, in many systems, it is required to enter passport data (and sometimes confirm it with scans of documents) in order to be able to withdraw funds.
At QIWI, it’s enough just to fill in the information in the profile (passport data), then the status is Basic with the following conditions:
For those who constantly receive electronic money it makes sense to issue a debit card. All payment systems are now offering them, and the balance sheets are combined with an electronic wallet.
T. e. Everything on the virtual account is on the card, it can be paid in regular stores:
Such cards come by mail, after activation they can be paid without commission . If you withdraw cash, in any case, the commission is charged.
In the case of Qiwi, this is 2% + 50 rubles, in other payment terms the conditions are different. Such a way to spend electronic money or withdraw them in cash is the most convenient.
The currency on the Internet is often changed, and special services come in handy for this. Exchange offices offer fast transfer from any wallet to another payment system, bank card or even the use of money transfer systems.
The exchange conditions can be very different, to get the best rate, use monitoring. It compares conditions in real time on the best e-money exchangers:
Registration is not required, simply select the currency you give and want to receive in the sidebar, the system immediately checks the rates in exchange offices and gives a list with the most favorable conditions.
Choose a service from the first lines, then fill out the proposed form:
Fields may differ, depending on the direction of exchange. After filling out the form requires confirmation of transfer.
Simply put, you send some money to the administration of the exchanger, and they take another from the reserves and send it to you. In this case, be sure to take their commission (usually it is included in the course).
We have already explained how to use electronic money and have shown several examples. It is not necessary to replenish virtual accounts, because you can earn money on the Internet, even if you are a beginner.
Many interesting ways are invented, we will put links and briefly tell you about some of them, think what suits you:
These are the most common options among beginners. They do not require investments, and you can withdraw the first electronic money to your wallet today.
The Internet has long become the place where millions of people earn extra money, and for some the global network has become a major source of profit.
Relatively recently, new digital coins have gained immense popularity. Now the terms are talking about cryptocurrencies and how profitable it is to invest in them. They work on the blockchain technology, you can’t explain it in simple language, cryptography is used.
Some experts claim that this is the currency of the future, because it is more secure, anonymous, and has many other advantages.
Should I understand cryptocurrencies? Of course! The current trend has already brought a huge income to those who managed to buy different tokens at a low price. Their courses rise by leaps and bounds.
Even if there is no start-up capital, you can earn altcoins (as all crypto coins are called) in different ways.
Bitcoin developers had a single goal — to create new digital money that would be much better than all existing formats. They succeeded, people make deals with BTC, now even an apartment or car can be bought for Bitka.
Their emission is limited, and because of rising demand, the value of the coins has risen greatly. There are opinions in professional communities that she will soon pass for $ 100,000.
Not only Bitcoin deserves attention. In the crypto market there are other electronic money and various altcoins with growth potential. If you decide to invest, you should think carefully about which projects to pay attention to.
In this niche, investors make huge money. For example, in 2009 it was possible to buy only for $ 1 almost 1200 BTC . Now this amount of coins can be exchanged for 652 million dollars.
Let such electronic money not start to be used everywhere, but they are of real interest for investment.
The advantages of electronic money as compared to paper ones are obvious, therefore they scale from year to year and conquer new markets.
It is easy to use them, you can open as many wallets as you like, earn money on the Internet, conduct exchanges, transfer funds to a couple of clicks at least anywhere.
No one doubts that paper notes will be used much less frequently in the future. That is why it is important to know the types of electronic money, to gain experience in their use and to navigate in this area.
Register accounts, evaluate their advantages yourself, you definitely want to continue using them.
You will also be interested in:
- How to create an electronic wallet?
- 10 facts about the exchange of electronic money
- Risks when exchanging electronic money