We will begin our story with one question, what kind of wallets can there be and what are they intended for? Most middle-aged and elderly people will look at the person who asked this question with surprise, and, shrugging their shoulders, will answer - ordinary, made of different materials and intended for storing and transporting currency units. They will be right, but only partially.

If you ask a similar question to young people, you will receive a detailed answer. After all, the computer generation is well aware that in addition to material counterparts, there are also virtual wallets designed to store the title units of different EPS, as well as many varieties of alternative digital money.

Electronic payment systems have become part of the life of modern Internet users. And if a few years ago virtual money aroused mistrust and concern, today it is a generally recognized tool for conducting various transactions online. Millions of people pay for bills and services by transferring electronic currency from one wallet to another. Lets take a closer look at what an Internet wallet is, how to create it and what features it has.

What is an e-wallet?

The main feature of electronic money that distinguishes them from traditional currencies is called virtuality. They are not provided with any material values, like the national monetary units of different states and do not have physical embodiment. The security of such money is guaranteed by the services issuing it. Therefore, the integrity of the contents of your electronic wallet will depend on the integrity of the payment system.

From a technical point of view, an electronic wallet is a special program with a high degree of security, which allows you to carry out various operations with virtual money or simply store it. To create an Internet wallet, you need to go to the payment service website and go through the registration procedure, after which a personal account will be assigned to you, where you can transfer electronic money and subsequently carry out various operations with it.

Electronic money is information that is stored on the servers of certain payment systems. In most cases, owners of virtual funds have round-the-clock access to such servers, so they can make transactions on accounts at any convenient time of the day.

Online wallet features

Speaking about what an Internet wallet is, one cannot but mention the opportunities that it provides to its owner:

Ensures the safety of transactions with money.
Allows you to make cashless payments for goods and services on the Internet.
Guaranteed instant money transfers.
Allows you to perform currency conversion.
It makes it possible to receive a loan in a short period of time, while providing a minimum package of documents.
In order to gain access to electronic money and the opportunities it opens up, users need to decide on the choice of a payment system. Each service has certain advantages and disadvantages that should be studied before creating an internet wallet.

Lets get acquainted with the most common payment systems in the Russian segment of the Internet.

WebMoney. Over the period of its almost twenty years of existence, the service has managed to win the recognition of users not only in Russia and the countries of the former CIS, but also in foreign countries. Registration and verification of new users is free of charge. There are various levels of client certificates, for each of which certain restrictions and capabilities have been developed, which can significantly increase the safety of operations and the reliability of the service. In one account, you can create Internet wallets to work with various currencies, among which are the popular dollar, euro, bitcoin, national currencies of different CIS countries, gold. Users note the presence of a very simple and intuitive interface in the system, as well as high-quality round-the-clock technical support. WebMoney allows you to convert funds between your own wallets or transfers in one currency to the accounts of other users. The service reliably holds a leading position among the payment systems of the Russian Internet.
Yandex money. The service has gained popularity among users because it is very easy to create an Internet wallet here. In addition, a large number of all kinds of payments and transfers are available to customers. This payment system is highly competitive due to low commissions, simplicity and variety of ways to replenish an account, and a high degree of security. The disadvantages of the system include the fact that it works exclusively with Russian rubles, and also imposes certain restrictions on the operations carried out, depending on the type of wallet.
Qiwi. It features a large network of payment terminals and the ability to conduct transactions via mobile devices. Timely introduces technical innovations and innovative technologies into the system.
PayPal. From the Internet wallet of this system, you can pay for goods on major foreign trading platforms, for example, Ebay, Alibaba. Works with a large number of world currencies. The possibility of including Bitcoin in the number of payment instruments is being developed. The service guarantees the safety of clients transactions.
EasyPay. The system of Belarusian developers allows you to conduct money transactions from a confidential wallet. Due to the low level of commissions, it is rapidly gaining popularity.
PerfectMoney. The system used in Russia and abroad. It works with different currencies, allows you to store money in the equivalent of gold.

We create a wallet.

Having learned what an Internet wallet is, we will try to figure out how to create it. The wallet registration algorithm is approximately the same for different payment systems.

We register on the official website of the service. Some systems ask for a mobile phone number, email address and personal information about the client.
We confirm registration using a special code sent to the contact information specified in the first paragraph.
After registration is complete, go to your personal account and open a wallet. If the capabilities of the system allow, then we start several wallets in different currencies.
Some services offer customers to go through additional identification, which can significantly increase the limits of the Internet wallet.

As the turnover of electronic money increases, more and more payment services appear on the network, allowing you to make transactions with virtual money. Fierce competition forces them to create interesting products and expand existing capabilities, which undoubtedly benefits the customers of such systems.