Z- Payment is electronic payment system which accepts and delivers payment online. During 2007, the company Zorbit (Investor) & the company Transactor (developer) has launched the system Z-Pay which was later converted to open payment system called “Z-Payment”.
Features of Z-Payment
Allow payment via different platform such as payment via bank transfer, SMS, prepaid and postpaid cards etc.
Z-payment customers are divided into three major groups (Users, Sellers, and Partners).
Z-payment system caters more than 7,700 Internet projects & is translated into more than 560,000 wallets.
In accepting cards and other variety of e-currency payment systems, the number exceeds to more than 40 species.
On daily basis, Z-payment handles more than 1,000 buyers and sellers.
Currently online money "ZP" is completely liquid in the network and freely exchange independent exchange service to other currencies of payment systems.
The basis unit of settlement is in Russian Rubles; 1 ZP=1 Ruble.
Calculation of fees, interest, etc are carried out as per the tariff system and rates as govern by central bank of Russia.