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Electronic or Cash?

2016-05-29 00:00:00

Currently, more and more people are using the Internet to make purchases and pay for services. Therefore, an important task for any realtor is to ensure the convenience of such transactions between the seller and the buyer. According to the results of the research, it was found that in the last six months alone, the number and volume of online purchases increased by more than 60%.

Moreover, such purchases were made in completely different countries, which indicates the need to meet the needs of the consumer regardless of their location. The buyer can make a deal or cancel it with just a click on the mouse. So what is more important today: electronic or paper money? 

Credit funds from cards are most often used today for making purchases (55%), debit funds were used only in 40% of transactions. Despite the fact that these shopping methods remain quite popular among users, these indicators are rather imprecise as they differ from country to country. So what means to give preference to, how electronic money differs from paper, fiduciary counterparts and which is better to use? 

For example, today in the United States and Britain, 80% of residents answer that they use credit cards when making purchases, and the bulk of purchases are made through the network. The next payment method is debit card. But the most popular way among Europeans is a credit card.

At the same time, digital payment systems are popular in China. Over the past six months, they have been used by about 85% of the countrys residents to make purchases. This method is also common in some Western European countries, for example, Germany, Italy and Spain.

 

Cash

Some, when asked which is better, electronic or paper money, answer that the use of the second is safer. More than half of global online consumers say this. They argue that there is a certain amount of risk involved in such transactions. They have some doubts that some online resources can ensure the reliable safety of information provided to them by users.  

Therefore, it is better to pay in cash when receiving an order at home, even if the purchase was made via the Internet. Residents of many countries of the world think so, for example, the Philippines, India, Colombia. Also, this method of payment for purchases made via the Internet is popular among 75% of Russian residents.

Therefore, today the question of whether to choose electronic or paper money remains urgent . The consumer wants freedom of choice, and therefore retailers must provide them with it in order to develop their resources. A huge percentage of users still prefer to make purchases through the network, but pay for them in cash, since most of them are not sure about the safety of their data on the network.  

 

Electronic funds - a real way of payment

How is electronic money different from paper money? Today, almost everyone has the Internet. With its help, you can not only find out information in the world or communicate with friends, but also earn and make purchases. Such services are paid for with electronic money. They can only be used online, but there is also an opportunity to get them.

To use electronic means, you need to have your own electronic wallet, which you can create for free in any electronic payment system. There are a lot of them now, but the principle of operation is the same for all. It is through such wallets that the user can pay for the goods without getting up from the computer.

To have such a wallet, you just need to go through a simple and free registration. You can send your funds or receive them through the wallet. But here the question may arise, how to ensure the safety of your funds in the payment system and which is better than electronic or paper money? 

The owners of the resources took care of security, but the user needs to find an answer for himself to the second question. The advantages of electronic payments include the speed of payment, as well as the security of transfers. The system is able not only to ensure the transfer of funds, but also to monitor the fulfillment of their obligations by the participants. All these processes are thought out to the smallest detail, and therefore only a computer and Internet access are required from the user.

Another advantage of electronic payments is the minimum fees. This is one or two percent of the transferred funds. Therefore, in this situation, there is no question of whether to choose electronic or paper money . It is known that when transferring funds through ordinary banks, if you do it in cash, then the amount is charged more, while individuals and legal entities pay such fees in different proportions.  

Before considering more options for how electronic money differs from paper money, it should be said that in order to use funds and transfer them around the world, you will not need to open bank accounts. Also, if an operation fails and the transaction does not occur, then the money will not be lost from the wallet, as it will be reliably protected by the system. To make a payment, additional confirmation will be required from the user, which can be sent to him via SMS or e-mail. 

 

Electronic money withdrawal

In the modern world, you can participate in various programs and projects without leaving your home, or fulfill orders and receive funds for this. Sometimes it may be that colleagues or partners in a particular case are people who live at a distance of thousands of kilometers. Electronic money is a convenient settlement system.

This does not require the use of third-party banking institutions. This method of making transactions has certain advantages over using cash, for example, you cannot lose them, but you can use them to pay for services using the Internet, pay for utilities, and so on.

Such funds are usually stored in electronic wallets, which are analogous to a bank account. There are quite a few payment systems. After registering in them, you can create a wallet, and then replenish or withdraw your funds from it. They can be withdrawn using Internet banking, through a special card, withdrawn from an ATM. There are also resources on the network that provide the ability to exchange these funds for a variety of currencies and transfer them to any attached card. Therefore, it is up to everyone to decide which is better electronic or paper money .