Web transfer is social network like facebook, twitter, google plus, Vkontakte, Odnoklassniki and MoiMir@Mail.ru but the major difference here is people at web transfer not only exchanges messages but they exchange money. Thus is it unique concept very well know as Social Credit Network where anyone can lend and borrow money.
How does Web Transfer Works?
Web transfer works on system called P2P (People to People) lending platform which occupies the fastest growing niche in the global micro credit market. It is not a bank or micro finance organization; it neither gives nor receives loans. It is the social scoring platform where the participant of different social network find’s each other to borrow or lend money on their own terms. Now it is international company where millions of users have borrows or lends loan to other. Web transfer is risk free for lender who gives loans to borrower as a part of profit is transferred to guarantee or security fund which returns money up to the minimum threshold level if borrower has delayed or stop the payment to lender. Thus, even if individual borrower fails to re-pay the loan, the profit of the entire portfolio should not fall below the guaranteed level. The sum of the loan one can take depends on the rating which is determined by web transfer own scoring system which again depends on many factors.