News Volet (ex. ADVcash)
Is Volet (ex. ADVcash) a Scam? Complete Review and Real Customer Feedback
Contents
- 1 Main Changes
- 2 Why Volet Payment System?
- 3 How to Use volet.com for Paying for Goods and Services?
- 4 How to Register in the Volet Payment System?
- 5 How to Verify Your Account on volet.com?
- 6 Deposits and Withdrawals on Volet com
- 7 Bonuses on Volet.com
- 8 Reviews about volet.com Payment System
- 9 Regulation and License of Volet
- 10 Is Volet a Scam?
- 11 Conclusion
Since April 2024, the payment system Advcash has been rebranded to Volet. It is now accessible at volet.com. No additional action is required for users as the only change is the website address. However, due to this rebranding, there are some minor adjustments. Advcash was frequently used for transactions with cryptocurrency exchanges, and some of them have not updated their details yet, still indicating the name of the payment system as Advcash instead of Volet. This may confuse users.
Main Changes
Here are the key changes affecting regular users of the payment system:
- Web Address: Access to the payment system now requires visiting volet.com, as advcash.com no longer provides this capability.
- Interface: The website’s homepage is now available only in English.
- Retention of Login and Password: The login and password remain the same, but they should be entered on volet.com.
- Functionality: Currently, the functionality remains unchanged, but significant innovations are expected in the future, such as an in-account cryptocurrency exchange on Volet.com.
- Fees: All fees remain the same as before.
Other Features of Volet.com Compared to Advcash
There are no significant differences at the moment, but their implementation is planned for the future. This includes an in-account cryptocurrency exchange, new financial products for crypto and fiat, as well as the introduction of new plastic and virtual cards available for worldwide use. The implementation timelines for these changes have not been announced yet.
Why Volet Payment System?
Volet offers cryptocurrency exchange, money transfers, as well as plastic cards. Additionally, users have access to API functionality for mass payouts, and the ability to quickly deposit and withdraw money from the system, including through virtual or plastic cards.
Collaboration with leading payment systems and certified exchange points allows the safe use of the system for various transactions. Despite the service’s reputation, new users often have doubts. Let’s take a closer look at Volet and see if it’s a scam. We’ll examine its features, benefits, and drawbacks, and discuss what to look out for when assessing the risks and rewards.
Volet for Sports Betting
The reliability and speed of the payment system have made it very popular among many users, including those who use it for transactions with bookmakers. Many of these bookmakers actively work with the payment system. Among the key advantages of working with this system are: transfer speed, the ability to use different currencies, and low commission rates.
Volet.com for Buying/Selling Cryptocurrency
Volet can be easily used for buying or selling cryptocurrencies. This payment system is suitable for conducting medium-volume transactions. However, when analyzing the profitability of the operation, it is necessary to consider existing commissions and current exchange rates. After all, buying directly through the payment system may not be as profitable as working with a cryptocurrency exchange directly.
How to Use volet.com for Paying for Goods and Services?
With volet.com, you can easily and conveniently pay for goods and services online, by using the physical or virtual card. Currently, the use of payment cards is suspended, but the service promises to resume its operation soon. If needed, users can use certified exchange points that offer favorable currency exchange conditions.
How to Register in the Volet Payment System?
To register in the system, you need to fill out a small questionnaire and provide personal information. Users can register either a personal account or use the business version for commercial activities. In the latter case, you will need to provide basic information about the company, including payment account details.
At the start of registration, users have access to the basic functions of the service, which can be used anonymously. To access the advanced functionality, verification is required to confirm personal information. It is worth noting that the system can only be used by users over 18 years old.
How to Verify Your Account on volet.com?
Verification is not a mandatory requirement for using the system, but it is recommended. If a bank transfer is used to top up an account, identification will be required. Verification offers several benefits, including increased limits, the ability to use cards, improved security, and protection against fraud.
The verification process itself is divided into three stages, each requiring confirmation of personal information. The user verifies their identity by providing a scanned copy of their passport or driving license. Next, the authenticity of their registered address is verified. To do this, they must provide payment documents such as utility bills, a page from their passport with their registration information, a certificate of registration, or other documents indicating their name and address. Lastly, their mobile phone number is verified by sending a message with a special code, which must be entered in a corresponding field. Once all data has been verified, the user will see a “Verified” label appear on their account, indicating that the process has been completed. The entire process takes up to 24 hours to complete.
Deposits and Withdrawals on Volet com
To top up your Volet account, you can use one of several convenient methods, including a bank transfer from your card or a SEPA transfer. It’s worth noting that depending on your chosen deposit method, you may need to pay a commission, which varies depending on the partner’s tariffs.
When using a bank transfer, it is important to ensure that the name on the bank account and the recipient’s name in Volet match. If they do not match, the funds may not be credited to the account. The time it takes for funds to be credited to an account can vary depending on the speed at which the sending bank processes payments. In most cases, this takes 5 business days, but in some cases, it may take longer. Funds may also not be credited if the transaction is marked as “in process”. This means that verification has not been completed and additional documentation may be required to complete the process.
Currency Operations
According to the data presented on the company’s official website, users can currently use dollars, euros, tenge, hryvnias, and Brazilian reals for transactions. If necessary, funds in one currency can be converted within the system into another currency. To do this, simply select any of the currencies and in the transfers section, select “To Volet Wallet”, and specify the wallet to which the funds should be transferred after the currency exchange at the bottom.
Commission
You can familiarize yourself with the current tariffs of the system for conducting various financial operations on Volet wallets on a separate tab “Tariffs”. Most commissions are related to the use of partner intermediaries. Transfers within the payment system are free, and wallet maintenance throughout the year is free of charge. These rules also apply to payment cards. However, it should be noted that when ordering a card, the user is required to pay for its issuance and express delivery if required.
Payment Limits
The level of limits directly depends on the user’s status. For accounts used anonymously, there is a limit of $3,000 USD per day or month for transferring to other users of the system. Verified users can transfer up to $99,999 USD from their account within the system at a time, per day, or per month.
Withdrawal Limits in Volet
All restrictions and limits associated with the use of payment system accounts directly depend on the user’s status. As mentioned before, after verification, limits on all operations, including depositing and withdrawing funds from the system, are significantly increased. For example, unverified users can deposit up to $1,000 USD per day and only $2,500 USD per month. At the same time, only $500 USD per day is available for withdrawal from the system, while the maximum threshold of $2,500 USD per month remains in effect.
For accounts whose users have been verified, the upper limit for deposits is increased to $250,000 USD, and the limit for a single transaction is $99,999. Any amounts can be withdrawn from the system from their own accounts within the limits of $100,000 USD daily and $250,000 monthly.
Bonuses on Volet.com
You can earn extra income by using the referral system. Sharing a special link online allows you to attract new clients to the system, and after their registration and start of system usage, you can receive a percentage from each transaction. To enhance effectiveness, you can utilize ready-made advertising materials prepared by volet.com for conducting advertising campaigns. Besides the commission for attracting users, you can also receive an additional bonus of $5 USD/EUR for each Volet.com plastic card and $2 USD/EUR for each virtual card activated by your referrals.
Reviews about volet.com Payment System
Due to Volet popularity, you can find numerous reviews about its operation online. It’s worth noting that users have highlighted both significant advantages and disadvantages, which raise questions about the convenience of working with the service.
Regarding the advantages, users mention the reliability of the system itself, ease of use, service quality, and quite high speed of operation. As for the disadvantages, users point out issues with the verification process, inconsistency in the quality of customer support, the absence of the option to transfer funds directly to a bank account, and the need for verification to access the full functionality.
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Regulation and License of Volet
The relationship between the company and users is governed by the applicable laws and internal company rules. Studying these documents allows each party to understand the framework within which it can operate, analyze potential risks, and assess the existing benefits.
License of volet.com
According to information posted on the official website of the payment system, there is no information available regarding the existing license and registration of the foreign company.
Customer Support
Sorting through numerous questions and understanding the system itself can be facilitated by customer support. Users can contact them by phone, using the feedback form placed on the official website, or by email. Suggestions for cooperation can be sent to the email address: [email protected]
Is Volet a Scam?
Considering all the facts presented above, it is necessary to note that Volet is not a scam. The service has been operating successfully for the past few years and has managed not only to gain the trust of users and acquire a stable reputation but also to provide worthy competition to leading players in the financial sphere. Using Volet allows for promptly addressing numerous issues, managing one’s own financial resources, making transfers and payments, conducting exchanges, as well as using the system for business purposes.
For the convenience of users, two types of tariffs have been developed – personal and business. They differ in functionality, allowing one to choose the most optimal and convenient option for use. After all, working with these accounts also differs in terms of the size of limitations.
Conclusion
Summing up, it is worth noting that using Volet can be convenient for users with different requests and requirements. The speed of transfers, ease of system use, and high level of security will undoubtedly be a plus for Volet. However, users who wish full access to the system will need to undergo verification, which in some cases may cause difficulties as scanned documents will be required, and the procedure itself is carried out in several stages. Additionally, if there are difficulties in identification during the verification process, it may be prolonged. It is also necessary to mention the inconsistent quality of customer support, as noted by clients.
In any case, to make a final decision on the use of the payment system, it is necessary to analyze its capabilities, pros and cons, as well as assess one’s risks and benefits. Such an approach will help avoid unpleasant moments and use Volet with maximum efficiency.
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