GOOGLE INTERESTED IN ELECTRONIC PAYMENTS

[Rvrwind]

GOOGLE INTERESTED IN THE RUSSIAN SYSTEM OF ELECTRONIC PAYMENTS
Google started negotiations with the Russian system of electronic payments Webmoney about a possibility to use its services in Russia. With assistance of this system Google will receive a possibility to pay to owners of the Russian websites who place advertising of clients of the search system under the AdSense program.

AdSense represents a partnership program in accordance with the terms of which an owner who placed advertising of clients of Google on his website receives from $0.03 to $1.50 per one click of an Internet user on the advertising reference. All over the world money earned by an owner is sent to him with assistance of a banking check but in Russia the process of cashing of the check may take months.

According to Executive Director of Webmoney, Victor Turskov, use of the Russian system will simplify payment of remunerations from Google significantly because the partnership terms will be equal for everyone. Turskov explains that the sender of the payment will transfer 0.8% of the money transfer to Webmoney.

Webmoney system is one of the most popular among Russian Internet users. It is intended for payments between users, payment for goods and services on the Internet including cellular communication and subscription for mass media.
<ref>lenta.ru, August 30, 2006