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Transfer systems or payment systems. Whats better?

2016-05-27 00:00:00

Your relatives live in another city or country, and you want to help them financially? If it is not possible to meet and transfer money in person, then you can use transfer systems or payment systems. It is much more convenient, faster and, in some cases, even cheaper than transferring funds using post offices.

 

Transfer systems or payment systems: fundamental differences and advantages of each method

Transfer systems are a good option for those who do not want to deal with online wallets and their replenishment. It is enough to contact any commercial bank, choose the best service and transfer money to a relative, partner or friend. After 15 minutes (in some cases - in a day), the recipient will be able to collect cash at the nearest branch of the financial institution. Everything is simple, convenient and transparent. The key to this method is maximum reliability. The bank acts as a guarantor in the transaction, no failures can arise.

Electronic payment systems are a more comfortable way for those who constantly deal with electronic wallets. It is simply pointless to carry out several manipulations, first withdrawing money, and then paying for the transfer. It is enough to transfer electronic money to another wallet, and the recipient will withdraw it in a convenient way - by transferring to a card or in cash, or simply pay for the goods on the Internet.

What translation systems are there?

Which is better - transfer systems or payment systems? This question can be answered only after a detailed analysis. The number of money transfer systems is constantly increasing, so we will consider the most basic and popular ones:

  • "Western Union". We can only talk about this system in numbers - the service has been helping people transfer money for over 150 years between 200 countries. The number of points of issue has exceeded 450 thousand! The service offers urgent and non-urgent translation. The first one will be delivered to the recipient city within 15 minutes, the second one - within 12 hours. Of course, there is a price to pay for the urgency. The commission is one of the highest in its sector. For a transfer of 5 thousand rubles, you will need to pay 100 rubles, and, for example, for a transfer of $ 200.01, you will have to pay 2% of the amount. More information about the tariffs can be found on the service website.
  • "CONTACT". This domestic payment system is the most popular in Russia. Coverage - 150 cities, more than 330 thousand transfer points. In Russia, the tariffs are pleasant - you have to pay 1% when transferring an amount less than 100 thousand rubles. For transfers to neighboring countries, the commission will be 2% of the amount.
  • "Gold Crown". Another Russian system, but with less public reach. There are only about 50 thousand points of issue, and you can get money in 200 countries. In comparison with the first and second systems, this is too small. But this transfer system is distinguished by pleasant rates. For transferring an amount up to 5 thousand rubles, you need to pay only 50 rubles, but for 20 thousand you will need to pay 200 rubles. In general, the amount of commission according to the rules of the service does not exceed 1000 rubles. At the same time, the tariffs are the same both for the Russian Federation and for the neighboring countries.
  • MoneyGram. The system works with almost 200 countries of the world and has about 324 thousand service points. It has been on the market for over 60 years, which speaks of its reliability. Transferring dollars is not that cheap. For example, for a transfer from $ 1 to $ 100, you will have to pay $ 2, but for a transfer from $ 5,000 to $ 10,000, you need to pay $ 90.

The most profitable in terms of tariffs is the BLIZKO system. The service works with the countries of the former CIS and charges only 0.6% for its services for transfers within Russia, and from 0.5 to 0.8% for transfers to neighboring countries. You will need to pay only 30 rubles for the transfer of 5000 rubles. Agree, this is a very attractive offer. The only drawback is the coverage of the CIS only, and not the whole world. However, the system is developing rapidly.

 

Payment systems: types, tariffs, features

We continue to look for an answer to the question: "which is better - transfer systems or payment systems?" The most top electronic money transfer systems were targeted. Features:

  1. "WebMoney Transfer". The maximum reach of the target audience is more than 9 million users worldwide and the constant addition of thousands of new ones. In principle, favorable rates. System commission - 0.8% of the payment amount, but not more than $ 50. The system offers to use WMZ (dollar), WME (euro), WMR (ruble), WMU (hryvnia) and other wallets for transferring money to other users, paying for utilities, internet, games, payments in online stores, and so on. The system title units are equivalent to real money. For example: 1WMZ is equal to 1 $, 1WMR is equal to 1 ruble, and so on. You can replenish your wallet using terminals and financial organizations, and withdraw money to a bank card right in your personal account. The disadvantages include the same commission, as well as a low level of protection of personal data (according to users).
  2. "Yandex money". According to research of some sites, this service is the number 1 payment system in Russia. Convenience and ease of use are attracting more and more new customers. There is no commission when paying for goods in online stores; when transferring money within the system, you will need to pay 0.5% of the amount. For withdrawing money to a bank account, you will have to pay 3% of the amount. The system is distinguished by high reliability and security of the users payment data.
  3. "Qiwi". The third most popular, but the first most profitable system. There is no commission for transfers within the service - you dont have to pay anything. There is also no commission for replenishing the wallet when replenishing for an amount over 500 rubles. If you add less money to your account, you will have to pay 3%. Replenishment is made in any terminal, the system works with all CIS countries. The wallet is registered in just 1-2 minutes, you only need a phone number. The Qiwi wallet can be used to pay for the services of more than 5 thousand Russian companies. You can pay traffic fines, pay utility bills, order cinema tickets. The range of possibilities is unlimited.

"VISA", "MasterCard", "PAYPAL" are transfer systems or payment systems? In fact, this is both, like all types of electronic payment systems. With the help of each of these services, you can equally transfer money to the account of any bank card user (as in the first two cases) and to an electronic wallet (as in the third case), as well as pay at any online store, top up a mobile account and etc.

 

We make a choice: transfer systems or payment systems

So which is better - transfer systems or payment systems? You should choose for several factors:

  1. Urgency. Of course, any transfer systems will cope with the task faster than an electronic payment system in which you are not registered. In the first case, you just need to come to the bank, in 15 minutes the money will be received. This is the key advantage of the translation system. In the case of an electronic wallet, you need to register yourself, help the recipient go through this procedure, go through identification (download scans of documents, confirm your data, as in the case of WebMoney or Yandex Money). But if you have a wallet, you can replenish it literally in 1-2 minutes at the nearest terminal.
  2. Willingness to spend. If you want to transfer money, be prepared to bear the costs. In most cases, this responsibility falls on the shoulders of the payer, not the recipient. Only in the case of the QIWI system, you can deposit money to your wallet (or directly to the recipients wallet) and transfer them without commissions and overpayments.
  3. Reliability and safety. When choosing transfer systems or payment systems, you need to take care of your money. If you use the "Western Union" or "Contact" service, the bank is responsible for the confidentiality of data and for the timely receipt of money to the recipient. You will have someone to make a claim. In the case of electronic systems, where the real presence of living people is practically excluded (we are talking about offices and representative offices), it is rather difficult to obtain a refund or some kind of response to your transfer. In addition, they reserve the right to transfer money within 1-3 days, which is not always acceptable.

Evaluate the advantages and disadvantages of each service, and only then make a choice!