Probable risks and problems in use of Perfect Money e-currency company
In this article we are going to analyze all probable problems and risks which can appear using this system. Let’s discuss its structure and reasons. So following aspects make the system unsafe: Perfect Money legal status is not yet determined and theft of electronic currency (even if it is big amount) is not “theft” in criminal procedure meaning and there is no any serious statutory punishment for this. That is why real hacker armies appear which try to steal e-currency. Developers of different electronic payment systems insist on the fact that their security is indestructible and there are users who are guilty in all thefts – they did not set up fireproof wall or did it wrong, refresh antivirus in time, did not download new service pack and so on. But a common user is not an expert in security sphere.
Perfect Money electronic accounts keeping on main storage or flash memory, at the moment can be destroyed by entropy (it is disturbance of operating system etc.). E-account restoring is possible but it will take some money and time. Real money keeping in banks will not suddenly disappear. Perfect Money can not be described as unified and universal system used by all people. Of course, there is no single payment system, and money exchange between different payment systems is rather difficult. For example, popular in the west PayPal officially is used only by Americans, and the PayPal payment in Russia can be very difficult. Transfer money using it, of course, is possible, but the question is, how it is easy. In this case the main advantages of electronic money disappear – the transparency and simplicity. And one can use a credit card in this situation. Not all market participants accept electronic money for payment. For example, one company transfer payment for an electronic purse and another – not. Some provider accepts electronic cash for payment, some – not. So if one has electronic currency in Perfect Money or in any other payment system it is not a guarantee that an owner will be able to use them.
Also we want to speak in some words about internet shops. If one has ordered some kind of product in usual shop but instead of it there was another product, this person can not simply take the product and thereafter do not give money. In this situation, for a seller it is simply not profitable to cheat buyers, but if a client pays with electronic money, scam and deception is pretty often. There is the “true rule”: stealing of electronic cash is actually not a theft at all. Shopkeepers’ case, who works with electronic cash, can win any lawyer in a court. Documents confirming the transfer (suitable for the court) injured party has not got, and it is not real to trace the payment receiver. As a result, we can say that Perfect Money and another such payment systems with all promising ideas still leave a lot of holes and minuses. They do not provide any comfort, nor transparent, nor universal, nor the reliability of payment. It is comfortable and even necessary to have several accounts with small amounts for operational and fast settling, at least, because a particular partner or client may propose the settling only via Perfect Money or any other payment methods will be even less acceptable.
To conclude our brief review, we can add that by using the payment system Perfect Money, one can:
- make money transfers between users;
- accept payments in various business projects in the Internet;
- make regular payments in the Internet;
- securely store money in an electronic account and get percents;
- pay for goods and services in Internet-shops.
Also, the distinctive feature of a system is that a minimum balance in the account each month is calculated percents.
