e-Payment Systems ![]() |
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During the recent years and in order to facilitate the electronic transactions over the internet, a number of companies have been established which they can carry out such transactions on behalf of the end user for a relatively small commission. From the user's point of view, all he/she has to do is to register an account with one of those payment systems and to submit his/her personal details as well as his/her credit or debit card details (or even bank account details) and then use that account to perform money transfers (deposits, withdrawals) over the internet. Of course, a necessary pre-condition is for the company the user wants to trade money with to accept the particular system as a payment option. This prevents the user to submit his personal and credit card details to many different websites, and thus avoiding the risks involved. Some of the most popular and respectful e-payment systems are the following: |
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1. PayPal | |
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PayPal is perhaps the most widely known system of electronic money transfers and one of the first of this kind to establish. It is an extremely popular system and has a great reputation with a big number of countries around the world. It is mainly used for commercial transactions by companies as well as on auction websites (i.e. ebay). Although it is not very likely to see >>>>> |
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2. moneybookers | |
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moneybookers is one of the most widely used and popular systems of electronic money transfers at the present moment, especially among gambling companies. It is a so called "electronic wallet" with great ease of use. To begin with, the user has to register a new account with moneybookers. The procedure is easy and not time consuming, it only takes a few minutes. >>>>> |
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3. e-gold | |
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E-gold is a unique system of electronic payments with a rather peculiar functionality, but on the other hand accepted in almost all countries in the world. The e-gold payment system uses gold (and other precious metals) as a monetary unit by which transactions are carried out and the the weight of which determines the total value of each transaction. This particular scheme has many >>>>> |
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