Which payment systems do most people not approve of?

2016-06-12 00:00:00:

Modern man uses the Internet not only for information search, communication with relatives, entertainment, education. Today, such opportunities as paying for utilities, mobile communications, purchasing tickets, receiving and sending money transfers, and making purchases in online stores are gaining popularity. All this happens with the help of electronic money, which is a means for payments on the Internet.

Electronic currency in a constantly changing world enters our lives and represents a real alternative to the usual paper money. This type of money is already used today in many areas of monetary relations. Therefore, anyone can choose for themselves which virtual money system to use.

Today, the most popular and reliable are two systems that work with electronic money - Webmoney and Yandex.Money. But at the same time, there are many other payment systems that most people do not approve of.

It is important to remember that the prospect of making a profit attracts enterprising business people with a knowledge of computer technology to create new services, many of which never manage to recruit enough users. Therefore, before making a choice, it does not hurt to learn as much as possible about this or that service. There is plenty of such information on the official website, as well as reviews from real users.

Which systems do not approve and why: competition and personal preference

Progress in the development of payment systems, naturally, has caused competition between companies that own virtual settlement resources. It brought positive results to some, and negative results to others.

Among the positive ones, one can note the fact that each of the companies began to pay more attention to individual representatives of the audience of users of electronic payments, which made it possible for them to coexist. For example, Yandex.Money has significantly simplified the security system and the use of the wallet, but in return they abandoned the use of their system for commercial purposes and limited themselves to one currency. The Webmoney system, in turn, provides the widest range of services, as well as the most advanced security system, but in return requires a high level of user confidence.

That is why a person who intends to open his own business will not choose the Yandex.Money payment system, preferring the Webmoney or Qiwi system. In turn, the housewife will not bother going through numerous checks and certifications just to pay for utilities or pay for a purchase in a virtual store. And it is much easier for a teenager to replenish a Qiwi account in the terminal in order to pay for a computer game, so they do not approve of Webmoney payment systems.

In addition, you can find a lot of people who simply do not trust digital currency and do not even try to understand it. As a rule, these are people of the older generation who are accustomed to paper money and consider it a more reliable way to pay for goods and services.

Failed ideas and unsuccessful competition

The profitability of working in the field of electronic payments has attracted many competing companies to it. This became the reason for the emergence of many similar systems. If the newly-made service duplicated the existing ones and did not offer its customers anything new, its chances of beating competitors were very slim.

An example is the Portmone payment system. In fact, this is just a clone of the well-known Webmoney settlement system. Failing to offer its users anything innovative and interesting, Portmone failed to interest potential customers. In order to pay for a purchase in an online store, a plastic card was still needed. After a while, Portmone lost both existing customers and third-party support.

Another example of an unpopular payment system was Moneybookers, launched in 2003. Even despite the fact that she was one of a kind, she could not achieve success. Initially, Moneybookers specialized in placing bets in online casinos, but later its functionality was slightly expanded, and the system gradually began to be supported by online stores. However, Moneybookers did not manage to stay afloat for long. One of the reasons for her failure was a very inconvenient user interface, which, moreover, did not support Russian. The company should have taken into account the fact that people sometimes have negative feelings about certain electronic payment systems because they are difficult to understand. Another reason was the lack of progress in development, as a result of which support for third-party systems, as well as interaction with them, was lost.

The ePassporte payment system, like Moneybookers, was launched in 2003 and also specialized in interacting with online casino services, but its fate was much worse. Perhaps this is the clearest example of the reason why most people do not trust electronic money. The fact is that in 2010 the company ceased to exist, while losing the trust of users, and they, in turn, all their savings and accounts. Later, the Paxum system was launched, which is secretly the reincarnation of ePassporte. Many have come to this conclusion based on the fact that the same people work in the technical support of the company as in ePassporte. This fact to this day discourages many people from using the system.

There is more than one reason people disapprove of payment systems. The emergence of many of the same type of calculation systems repels some people, and brings negative experiences to others. Be that as it may, over time, only the most reliable settlement systems will remain on the market, and it will become even more convenient to use them, this is an integral part of our future. As for novice users, they just need to study the issue a little more carefully before becoming a client of this or that company.