Articles and knowledge

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.