WebMoney Transfer

P. Carl Mullan
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P. Carl Mullan: PDX Currency Corporation

Chapter 10 in The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations, 2014, pp 68-78 from Palgrave Macmillan

Abstract: Abstract WebMoney Transfer started in 1998. The digital currency payment system is now the largest and most successful digital currency in the world. The Russian company’s payment platform includes a P-2-P credit purse, global payment solutions, merchant services, local payment products, online billing, and direct integration with other global financial service providers. Unlike e-gold, WebMoney creates targeted products for specific users. Because of the MSB rule and the prepaid access rule, WebMoney is no longer available to the US market.

Keywords: Credit Card; Bank Account; National Currency; Digital Unit; Digital Currency (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38255-9_11

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DOI: 10.1057/9781137382559_11

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