In the fall of 2002, Russian and Ukrainian specialists developed the RUPay online payment service. The first letters of the names of countries (Russia and Ukraine), in which the service and the word "pay" (payment) initially functioned, were used in the name of the project. Since the time of geography has expanded significantly.
The system is the most convenient and simple online service. It allows account holders to make purchases, as well as quickly pay for various services. To ensure maximum security, the administration has introduced mandatory identification. In addition, the service constantly monitors suspicious transactions.
Online settlement service is constantly developing. At the moment, users are provided with the following options:
Implementation of intra-system money transfers.
Performing various operations with popular electronic currencies.
Receiving payment on the site for the goods or services provided to customers.
RUPay payment system is a kind of integrator of the most popular payment systems and electronic currency exchange points. She also offers the services of partner banks. Speaking about the advantages of the service, it is necessary to pay attention to its characteristics such as:
Maximum ease of use.
Quick registration and 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 deposit methods and withdrawals.
The ability to accept payment of 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 financial transactions.
To date, a fairly large selection of different online payment services is available to users. Each of them has its pros and cons. The main advantage of the RUPay payment system is the absence of the need to install software for using electronic wallets. To carry out financial transactions, it is enough to know the data of the payee. Also a competitive advantage is an extensive selection of deposit and withdrawal options.
The registration process can be confidently called democratic and time-saving. The user is required to fill in the fields of the questionnaire, indicating the full name, country and proud residence, as well as the date of birth and email address. To complete the registration, you must enter captcha and confirm your agreement with the rules of the service.
The first time you log into RUPay, a payment password will be automatically generated. This combination must be saved, because it is used to complete all transactions and cannot be restored. The user account will become active immediately after clicking on the "I remember the password" button.
To ensure full access to the capabilities of the service, you must obtain a certificate. The user will have to do the following:
Provide a scan copy of the main page of your passport in JPG or TIFF formats.
Provide a scan copy of the passport page with registration data.
It is also allowed to provide a copy of other personal identification documents.
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 also provides the opportunity 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 replenishment and withdrawal services in the territory of his region.
On the territory of the Russian Federation, you can replenish your account in the RUPay system, as well as withdraw funds from your wallet in the following ways:
Cash (only in Moscow and St. Petersburg).
Individual account at the bank.
Dollar and ruble WM wallets.
Sberbank of the Russian Federation.
In other countries, funds can be deposited using the Wire Transfer international transfer. Also used are PayPal, Western Union, E-Gold, Capitalcollect and Anelik. Withdrawal of money from RUPay is carried out in similar ways.
Money transfers between participants in the system are carried out at no extra 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 Rapid system, the commission is 0.8%. If the user replenishes his wallet with cash in Moscow or St. Petersburg, then he will have to pay 2-3% of the amount for the transaction. 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.
Withdrawal of funds from the account of the RUPay payment system in the Russian Federation is carried out at the established rate and taking into account the counterpartys commission. The latter should not exceed 1.5% of the transaction amount. The following rates are provided for withdrawing money outside the Russian Federation:
Wire Transfer, E-Gold and WMZ - 2 percent.
PayPal - 6 percent + $ 6.
Top up with Capitalcollect - 1 percent.
Anelik - 3 percent.
Today, RUPay service is a convenient and efficient electronic payment system. Combining all the popular methods of online payments, it creates maximum convenience for users. At the same time, financial expenses for transactions are minimal.