Electronic payment systems are in a state of fierce competition, and one of the most important indicators is the security of accounts. Against the background of many payment systems , Liqpay has some advantages, user reviews confirm this. However, the ideal service, unfortunately, does not exist yet. What is the difference between Likpei and other non-cash electronic payment systems?
Introducing Liqpay
A rather successful development of the Ukrainian "PrivatBank" implied the creation of such a payment system that would be flexible and mobile enough for the efficient acceptance of payments on various web resources. Moreover, the functionality of the Likpei account can be observed not only on the payment system website, but also inside the Privat24 virtual account management system.
What is primarily emphasized by the reviews available about Liqpay, is the lack of a personal account, the need to enter a username and password. You also don’t need to remember anything: to access the system, you need to register and bind to a mobile phone number, which at the same time becomes an account number.
How is Liqpay payment system used?
The simple use of Likpei allows you to easily transfer funds from one account to another with ease and without unnecessary formalities. You can send a money transfer to any mobile phone. Many people use Liqpay to pay for small services; reviews are available from hand-makers, freelancers, webmasters. The system allows you to pay for a number of services on the Internet, replenish your mobile phone account.
Since Privat24 integrates the ability to transfer funds both to the Likpei account from the card and vice versa, the system can be used much more widely than just for electronic payments.
Features of using the system
First of all, users note a rather high system of protection of funds deposited in Likpei. A dynamic password arrives on a mobile phone using SMS, it is impossible to pick up or deceive fraudulently. However, reviews of Liqpay come not only of a laudatory nature. What are payers and recipients of funds dissatisfied with?
Claims usually begin with an account verification. To do this, the service for a certain time blocks an amount equal to one dollar on the attached payment card. Payment delays noted by some customers occur due to system errors, but the usage statistics for Likpei actually show a small percentage of such delays. Sometimes it’s called unprofitable to exchange Liqpay inside the system from one currency to another or exchange for other types of electronic money. However, the service warns in advance that it is much more profitable to withdraw or transfer funds in one currency as a payment. That is, the hryvnia payment is carried out from the hryvnia account, from the dollar account to withdraw funds to the dollar, respectively, card. This information is not confidential and is available for study by users before using the service.
It is hoped that over time, Likpei will gain great popularity and will be accepted for payment everywhere.