Articles and knowledge

Many companies that offer financial services in the internet have appeared. Whether it is a payment system, online exchanger, cryptocurrency or other service, everyone wants to attract clients. To interest users and make them involved in the service's development, they offer affiliate programs. Such practice have proved to be efficient and was taken positively by the audience as it was to the benefit of both sides. Clients participating in the program can get an additional income and services that offer the program increase their client base.

Nowadays Trading Platforms are spread around the globe and represent a high-tech centres that operates with the help of computers and special software.

However, the appearance of the digital money has led to the creation of online Trading Platforms where people can freely exchange and trade cryptocurrencies and fiat money. Cryptocurrency was an important phenomenon to the world economy. It allowed people to transfer money and pay online without risking the security of their funds and not paying the high fees.

Banks have been an integral part of society for centuries. The emergence of banks was meant to happen due to the nature of money as a means of payment for goods and services. Since the ancient times, banks have been providing services to their customers, meaning that they gave out loans and took money in as deposits.

However, as civilization progressed, payment methods followed along with it. Banks had to adapt to the changes and advanced too...

The word "cryptocurrency" is popping up in news titles around the world more and more frequently, and there is a reason for that. Cryptocurrency is an unprecedented modern phenomenon that can be perceived differently. Most likely, there are people who still have not heard about cryptocurrency, some people just don't care, others read some wiki article on cryptocurrency and it is as far as it goes for them, but for some people, cryptocurrency is just as normal as fiat money. However, it doesn't stop there: most cryptocurrency users use it rarely and not particularly actively, but there are real "cryptocurrency heads" that build so-called "cryptocurrency farms" which they use to make a living for themselves...

Some people may not even have heard about e-currency exchange, but for many people, e-currency exchange has become a routine procedure due to different reasons. As economic ties among countries strengthen, with each country employing its own currency, it is becoming increasingly essential to exchange currencies.

There are lots of currencies out there, and every electronic commerce player has a currency of their choice. This brings a certain amount of chaos into the equation, but electronic currency exchangers are there to help. Each exchanger has its own unique traits, and this must be addressed before you start exchanging currencies....

Digital money is the virtual equivalent of conventional money that we are accustomed to. Similar to how we put our cash in our wallet, digital money is stored in digital wallets within various electronic payment systems.

Digital money exchange is crucial in modern online business. Freelancers, webmasters, and small business owners sometimes have to work with partners that use different payment methods. It might be other digital currencies or other payment systems (for example, OKPAYWebMoneyPayPal, etc.). In such a case, in order to do business, one might have to have wallets in many of payment systems and manage them separately.

Today, we are used to paying with electronic money on a regular basis. We pay with cards and make online purchases using electronic payment systems, all this has become a part of our lives and evokes no bewilderment. But this is not how things used to be.

The first attempt to transfer electronic money was made in 1918 in the US. At that time, The Federal Reserve Bank used a telegraph to make the first ever money transfer. Many years later, in 1972 to be exact, a clearing house was established with the purpose of processing electronic checks.

At the end of the 20th century, the first ever electronic wallets started to appear, and multi-purpose prepaid cards were invented in the US and Europe. At the same time, the fist ever prepaid network product Digicash was released and was put to use in the Netherlands. In the meantime, British banks implemented a settlement system called Mondex...

In the modern world, the internet has become an important part of people's lives. We use the web to search for information, chat with our friends and relatives, watch movies, listen to music, and much more. As the pace of life accelerates and the worldwide web continues to offer new services, new payment solutions are starting to appear. The past decade was the time of creation and rapid spread of electronic money and electronic currencies.

To make exchanger search more convenient and easy, exchange rates monitoring services were created. These services allow users to quickly skim through the most important information about exchangers by reviewing tables and charts. In other words, such services do most of the work for you, giving you only the data you need while saving your precious time...


Electronic commerce is very demanding toward the promptness and wittiness of its players. It follows the same rules as conventional trade meaning that buyers try to purchase the highest quality goods at the lowest price. This applies to electronic currency exchange too. Buyers, those who wish to exchange one currency for another, are seeking the highest quality product, which in this case is the relation between an exchanger's reliability and the favorability of its exchange rates...

The number of electronic payment systems users is exponentially growing due to the fact that electronic commerce makes the life of the modern human being a lot easier allowing for payments and transfers to be made from home. For the very same reasons, electronic currencies have to be exchanged.

Just like in any other sphere of human interactions, currency exchange is teeming with shady players who will stop at nothing in their pursuit of ill-gotten gains. Every single day they come up with even more sophisticated scams. Newcomers may have a hard time figuring out who to trust...

With every new step of civilization come new, better mutual settlement methods. Initially, it was barter, then bank notes, some time later - checks and orders. Not long ago, credit and debit cards emerged which was a veritable breakthrough in the economic field. Cards combined the convenience and the security of accounting and storage of money. But cards had their weak spots too...

Online currency exchangers offer their potential clients a great variety of exchange rates. But one shouldn't blindly trust those exchangers that offer the lowest possible rates since they could be trying to trick their victims by promising to give them exceptional deals. Moreover, carrying out monitoring activities on one's own by searching through thousands of exchanger websites is not the best idea due to its time-consuming nature, especially when the chance of success is not absolute.

The internet has brought about a lot of new possibilities and opportunities. People use it all the time to communicate with each other, entertain themselves, get new knowledge and learn new skills, and for some people the internet has become the only source of income.

Currently, the worldwide web offers many ways of money making. One can invest money using the web, buy stocks and sell products, earn money on using services and more. Another way of earning is digital money exchange...

The development and advancement of civilization and money go hand in hand with each other since money is an essential part of civilization.

In the very beginning, money did not exist in the way we perceive it today. Instead of bank notes, people used valuable items like herbs, fur, animal skin and other.

Then people started using more sustainable and versatile items. For instance, precious stones and metals.

Then stones and metals were replaced by paper-based money. Cash became extremely popular due to its convenient nature.

However, in the modern world another type of money is on the rise - digital money...

The starting point of electronic commerce is believed to have been the moment when sales automatization and corporate resource management technologies were introduced.

To be exact, it happened in 1960, when 2 American companies, namely American Airlines, and IBM created an automated seat reservation system. The system was named SABRE (Semi-Automatic Business Research Environment), and its purpose was to provide assistance to customers by informing them about flights and fares. Due to the automatization and optimization of the flight search process, the total cost of service was reduced. This is the success that electronic commerce is known for.

Over the last 20 years, electronic commerce has been steadily growing which can be explained by the rising number of internet users, social networks, interactive platforms and the emergence of electronic money...

What payment system should I choose as my main? What are the peculiarities, rules and advantages of each payment system?

An electronic wallet is an application or an online service where users can store virtual money and with which they can make payments not only in online stores but even in some brick and mortar stores too. Electronic wallets can make life significantly easier because they allow people to make payments and purchases from home. It is a huge time-saving opportunity since owners of electronic wallets don't have to drive anywhere or stand in lines.

Electronic wallets exist within electronic payment systems. Each system has its upsides and downsides, this is why it is recommended that those willing to create e-wallets do some research on the features of at least the most widely used payment systems...

As technologies continue to march at a fast pace, and the use of electronic money becomes more and more common, the need for services that would provide essential payment tools, security, and ease of use, was growing with each passing day. The banks could not handle the situation nor offer a solution. If someone needed to perform an operation with a bank account, they had to pay a visit to the bank office in person, wait in line and a long waiting period things would get done. The answer to the problem was payment systems. These services allow users to perform various financial operations online and control their accounts at any time. Most online transactions are carried out instantly and users can access their accounts anytime from anywhere as long as they have internet access. Today, the average user can choose from a multitude of payment systems, each of them offers unique options, rates, and fees. In this article, we will review ten most widely used payment systems that have earned much popularity and are reliable and secure.