PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as cheques and money orders. It is subject to the US economic sanction list and other rules and interventions required by US laws or government. PayPal is an acquirer, a performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies. From July 2007, PayPal has operated across the European Union as a Luxembourg-based bank.
The Western Union Company is an American financial services and communications company. Its North American headquarters is in Meridian, Colorado.
In order to send funds, a sender goes to a Western Union office and presents funds (plus fees) for "Next Day" or "Money in Minutes" service. The sender provides his or her name and address, the recipient's name, and a designated payment destination. Western Union then provides the sender a 10-digit Money Transfer Control Number (MTCN) that the sender must provide to the recipient. The recipient then proceeds to a Western Union agent office in the designated payment location, presents the 10-digit MTCN, and a photo ID. Money is then paid out to the recipient.
Fees vary based on the sender and receiver's location, type of transfer, and whether the money is sent from a counter location or by the website.
Bank transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.
Most international transfers are executed through SWIFT, a co-operative society founded in 1974 by seven international banks, which operate a global network to facilitate the transfer of financial messages. Using these messages, banks can exchange data for the transfer of funds between financial institutions. SWIFT's headquarters are in La Hulpe, on the outskirts of Brussels, Belgium. The society also acts as a United Nations–sanctioned international standards body for the creation and maintenance of financial-messaging standards.
CONTACT payment system established in 1999. Since August 27, 2014, "Rapida" Ltd. is an operator of CONTACT system.
CONTACT system laid the foundations of the Russian market of remittances and is currently one of its leaders in Russia and CIS countries. CONTACT system also processes payments to the more than 1,500 legal entities - commercial banks, trading companies, insurance and travel companies and their agents, Internet service providers, telecom operators, etc.
Annually millions of customers worldwide use the System's services.
In order to make service payments, all you have to do is choose the most conveniently-located CONTACT System outlet, drop by during business hours, and make the payment.
You can also purchase these goods in our stores.