What is the most popular payment system in Russia

I do not want to say unnecessary words about the popularity of the new type of payments through electronic currency. This theme is well known to its users, who are already hundreds of millions. Although beginners have a lot to learn about.

In order to better understand what the essence of electronic settlement services is, the main thing is that they do not need to be identified with non-cash payments of traditional funds. They have nothing to do with digital money, as well as with credit cards. These are independent modern online structures that operate in the vastness of the virtual world and are constantly improving in the process of their evolution, becoming more perfect and more diverse.

As conceived by the programmers, a unique virtual product was created - electronic coins presented in the form of commitment files with an electronic signature, which is a security element.

Before moving on to the topic: popular payment systems in Russia, recall their main advantageous features:

    There is no need to give change. They are divisible and combinable.
    For their storage, you can do without special equipment with mechanical protection.
    They are not counted or transported. These functions are performed automatically.
    Issuing is not very expensive, and if you compare it with printing paper money and laborious production of coins, then there are serious savings.
    They are not subject to wear and tear, which means they do not need updating, their service life is infinite.

To correctly assess which are the most popular payment systems in Russia, and what the level of popularity depends on, you need to know not only their positive qualities, but also know their weaknesses:

    There is no single regulatory law. This can provoke all sorts of violations, abuse, arbitrariness, use of virtual money for unseemly purposes.
    Not all payment systems have yet improved tools for making payments and storing information securely.
    There are not enough opportunities for using virtual currency, there are still not many shops where you can buy goods for e-currency.
    The mechanism of currency conversion does not work well enough.
    There is no reliable confirmation of the issuer, as there are no government guarantees.

Russian virtual payment systems

The largest electronic payment systems popular in Russia are:

    Yandex. Money.
    Webmoney.
    Qiwi.
    PayPal.
    Moneybookers.

And now more about each of them.
 

Yandex.Money, the most popular system among Russians

Yandex. The money, founded 14 years ago, has received recognition from the majority of Russian citizens, and today people from other countries also use it. We can say that this popular electronic money in Russia continues to win new users. It is easy to use. To carry out monetary transactions in this service, it is enough to have basic knowledge of computer skills. The main condition, of course, is the presence of the Internet.

This popular payment system in Russia is designed to use virtual currency for private, family and household purposes.

Initially, it offered its clients such types of accounts as Yandex. Wallet and Internet wallet. The second type carried out operations according to a special program, but at present only the first type remains active.

Through this payment system, which is one of the most popular in Russia, you can easily and conveniently pay for services, goods purchased in online markets, fuel at gas stations without leaving your home.

Yandex.Money does not take commissions for deposits and certain purchases. If money transfers are made between users of the system, the commission is only 0.5%, when withdrawing money - 3%.

For the opportunity to establish the amount of commission by a Yandex.Money partner independently, it can claim the title of a popular electronic payment system in Russia.

Russians choose this service for its convenience and simplicity. They have the opportunity to replenish their virtual account in any way that they like:

    Using ordinary bank transfers.
    Special terminals.
    Use exchange points through cash.
    Services "Contact" and "Unistream".
    On previously received prepayment cards.

The popular electronic money of Russia of the Yandex service allows you to transfer it into cash in this way:

    Transfer to a bank account or bank card.
    ATM from a Yandex.Money card.
    Through transfers within the network.
 

WebMoney is not inferior in popularity

WebMoney also belongs to the popular payment systems in Russia. Together with Yandex.Money, these two operators account for over 80% of the entire electronic payments market.

This service claims to be an international settlement system. The company "WM Transfer" Ltd was founded back in 1998 in the English capital London. Technical services and the Main Certification Center are located in Moscow.

WebMoney has in its arsenal a huge list of national currencies, the equivalent of which is WebMoney. Legal entities in a number of countries guarantee their legal use: Russia, Belarus, Ukraine, etc.

On the official website of the service there is a step-by-step instruction that will prompt you to register and open an electronic wallet. The program provides the passage of payments in equivalent with a huge list of national currencies, and gold circulation is also allowed, while the unit of 1 electronic gram of gold (WMG) is taken as a basis.

A member of the most popular payment system in Russia WebMoney must obtain a certificate of one or several types (there are 12 of them). The higher the level of the certificate, the higher the status of the user, this gives more authority, and, accordingly, more opportunities.

The popularity of this service is due to the high level of security. There is an Arbitration for resolving conflicts or disputes.

Such payment systems are popular in Russia also because they are subject to control, their users are identified. And this moment is welcomed by the countrys leadership. For law-abiding citizens, this form of service allows them to feel confident, they will not have worries about mistrust in them, as users of digital currency.

To top up your WebMoney e-wallet, there are several options:

    Via telegraph, post office or bank.
    With the help of "Western Union".
    Purchase a prepaid card.
    Through special exchange points.
    Using terminals.
    Exchange between service participants.

If we talk about the amount of commission, then everything is the most profitable, except for prepaid cards and terminals.

Electronic money can be used in many cases, but sometimes there comes a time when cash is urgently required, the popular electronic money of Russia WebMoney can be withdrawn to fiat, for this you should apply:

    Transfer funds to a bank account and then withdraw cash.
    The exchange office makes it possible to receive cash from the WebMoney virtual wallet.
    Western Union also has a virtual currency withdrawal function.

It will take some time to withdraw funds, because you will need to go through the appropriate certification procedure. But all these difficulties are justified by a high level of security when making money transfers and the safety of the contents of an electronic wallet.
 

Qiwi for loan repayment and services

The Qiwi system operates in 22 countries of the world, including Russia, where the unit of calculation is the electronic ruble, which is equivalent to the usual one. Users of the service successfully use it to pay for services: repay loans, pay for utilities. All transactions take place through the Internet and mobile devices, through special network terminals.

The level of popularity of each virtual settlement system in Russia is conditional. After all, everyone chooses for himself the one that meets their criteria, goals, needs.

Taking into account the close attention from the Russian government, especially in the light of the federal law of June 27, 2011 N 161-FZ "On the national payment system", it can be noted that the electronic currency is not particularly in favor of the authorities. But at the same time, its popularity does not suffer, and in spite of everything the Russians continue to actively use it. After all, this is required by life itself, into which virtual currency has already firmly entered.