RUPay

In the fall of 2002, Russian and Ukrainian specialists developed the online settlement service RUPay . The name of the project used the first letters of the names of the countries ( Russia and Ukraine ), in which the service initially functioned and the word " pay " (payment). Since the times, the geography has expanded significantly.

The system is the most convenient and simple online service. It allows account holders to make purchases as well as promptly pay for various services. To ensure maximum security, the administration introduced mandatory identification. In addition, the service constantly monitors suspicious transactions.

Payment system capabilities and its features

The online payment service is constantly evolving. At the moment, users are provided with the following features:

• Implementation of intra-system money transfers.
• Performing various transactions with popular e-currencies.
• Receiving payment on the site for goods or services provided to customers.

The RUPay payment system is a kind of integrator of the most popular payment systems and electronic currency exchange offices. She also offers services of partner banks. Speaking about the advantages of the service, you need to pay attention to its characteristics such as:

• Maximum ease of use.
• Fast registration and making transfers within the system without commission.
• Connection to the service is possible from any personal computer or laptop with Internet access.
• An extensive list of ways to deposit and withdraw funds.
• The ability to accept payment for goods and services on a commercial site in any electronic currency.
• A modern and reliable security system that guarantees the safety of personal data and information about ongoing financial transactions.

Today, users have access to a fairly large selection of various online payment services. Each of them has its own pros and cons. The main advantage of the RUPay payment system is that there is no need to install software to use e-wallets. To carry out financial transactions, it is enough to know the data of the payee. Another competitive advantage is the wide range of options for depositing and withdrawing funds.

Registration and certification procedure in the system

The registration process can be confidently called democratic and time-consuming. The user is required to fill in the fields of the questionnaire, indicating the full name, country and city of residence, as well as the date of birth and email address. To complete the registration, you must enter a captcha and confirm your agreement with the rules of the service.

The first time you log into the RUPay system, a payment password will be automatically generated. This combination must be saved as it is used for all transactions and cannot be recovered. The user account will become active immediately after clicking on the "I remember the password" button.

To provide full access to the services capabilities, you must obtain a certificate. The user will have to follow these steps:

1. Provide a scanned copy of the main page of your passport in JPG or TIFF format.
2. Provide a scanned copy of the passport page with registration data.
3. It is also allowed to provide a copy of other identity documents of the user.
4. Indicate which account is being certified.

Each user who has opened an account with RUPay and provided the entire package of necessary documents will be able to use all the services of the system. This greatly simplifies the procedure for restoring access to your account. It is also possible to open your own exchange office. This allows you to make money transfers almost all over the world and make transactions with electronic currencies. The owner of the exchanger also provides services for account replenishment and withdrawal of funds on the territory of his region.

Methods for depositing / withdrawing funds and tariffs of the payment system

On the territory of the Russian Federation, you can replenish an account in the RUPay system , as well as withdraw funds from a wallet in the following ways:

• Cash (only in Moscow and St. Petersburg).
• An individuals bank account.
• Rapid system.
• CONTACT system.
• Dollar and ruble WM purses.
• Purse Yandex .D engi .
• Sberbank of the Russian Federation.

In other countries, funds can be deposited using an international Wire Transfer . PayPal, Western Union, E-Gold, Capitalcollect and Anelik systems are also used . Withdrawing money from RUPay is carried out in the same way.

Money transfers between members of the system are carried out at no additional charge. Also, the service does not charge a commission when replenishing an account through the Contact transfer system. When using WMR and WMZ wallets, as well as the Rapida system, the commission is 0.8%. If the user replenishes his wallet in cash in Moscow or St. Petersburg, then he will have to pay for the transaction 2–3% of its amount. The commission for a bank transfer is 1%, and when using the service of Sberbank of the Russian Federation - from 2 to 3%. Depositing funds from foreign countries using Western Union , Anelik , Fethard , Capitalcollect systems will cost 2%, and for E- Gold - 4% of the transaction amount.

Withdrawals from the account of the RUPay payment system on the territory of the Russian Federation are made at the established rate and taking into account the commission of the counterparty. The latter should not exceed 1.5% of the transaction amount. To withdraw money outside the Russian Federation, the following tariffs are provided:

• Wire Transfer, E-Gold and WMZ - 2 percent .
• PayPal - 6 percent + $ 6.
• Deposit with Capitalcollect - 1 percent.
• Anelik - 3 percent.

Today the RUPay service is a convenient and efficient electronic payment system. Combining all popular methods of online payments, it creates the maximum convenience for users. At the same time, the financial costs of transactions are minimal.