KIEV, Ukraine, May 31, 2013 /PRNewswire/ --

At a time when over a million users are facing the news that Liberty Reserve has been closed down by the US government, and the founder has been arrested, many people are wondering what the alternatives for secure payments are. An alternative already exists, and this is UPay.

It is important to admit that recent events affect not just Liberty Reserve, but the entire industry and its recent past. The time of having only one serious player is over

Of course, the e-commerce market that is estimated in around 1.6 trillion US dollars cannot be left in a void, without companies offering this essential service. Therefore, new financial players are rushing to occupy the space, and they are ready to offer better terms and conditions, and guarantee the full legality and transparency, that will be at the forefront of customers' minds.

UPay is a fantastic alternative to Liberty Reserve. It is a young and ambitious company, stands out among other smaller players, due to its legitimacy and credibility. The UPay system of instant payments, which is the affiliate of the world leading crowdfunding company Uinvest, has already proved its efficiency by offering the option to pay into an account with a phone number only. This feature, together with a zero commission fee and other advantages, has made the ambitious project fantastically popular. Will UPay be able to displace other market players? Time will show. Now with absolute confidence one can state that the major part of the previous LR clients are actively setting up accounts with a new system of instant payments - UPay.

This system is fully tested, it corresponds to all industry requirements, and is very user-friendly. This is a powerful financial system, that is able to process hundreds of transactions in just a second, and beat off Ddos attacks of any level.

Contact:

Alex Bis Head of PR Department email: pr@uinvest.com.ua

Originally posted here:

Liberty Reserve is the Matter of the Past, UPay Offers Bright Future