Azimo is this a scam? Review and Customers Reviews

Azimo – is an international platform for financial transactions, which was created in 2012 in the UK. With the service, you can transfer money to more than 190 countries and territories in two clicks, and you can track the status of the payment in real time.

Why Azimo?

The platform provides rates for individuals and businesses, low commission rates and a referral program. The competitive advantages of Azimo’s service can be highlighted by such items:

• large coverage area;
• speed of payment processing and confirmation;
• cooperation with global banks;
• function of cash withdrawal by transfer;
• built-in panel to calculate the commission;
• regular bonuses and discounts;
• mobile app.

Asimo.com for sports betting

Azimo payment system will be a good companion for working with betting organizations. Since the platform supports a number of foreign currencies, the account owner can make bets on foreign resources with minimal commissions, increasing his potential winnings. The money received from the transaction can be withdrawn to a personal bank card with automatic conversion. Some gambling projects may not support work with this type of account, so before registering the client should contact a consultant of the bookmaker’s office.

Azimo Com for buying/selling cryptocurrencies

There is no separate balance with cryptocurrencies in the owner’s account, but in 2020 Azimo signed a contract with a Thai bank to work with payments from Europe using the Ripple Net project. Thus, platform users can conduct instant financial transactions with an increased level of security. When it comes to working with digital currency and exchanges in general, the project does not provide for interaction with such assets. The account holder cannot store money, but only use it for deposits from another card or payment system. To withdraw from a cryptocurrency exchange, you need to look for another type of wallet. The platform does not provide storage of personal assets on the balance.

How do I use Azimo Com to pay for goods and services?

The platform works in a similar way to other money transfer services. On the homepage azimo.com The user will see a short welcoming presentation where the company talks about the payment system tools and its advantages. This allows the user to preliminarily evaluate the service and understand its key differences from the nearest competitors. As most of the potential customers pay attention to the transfer rate and the amount of additional commission, the user can calculate the approximate costs per transaction on azimo.com in the guest mode.

Using the built-in financial transactions calculator, the sender selects the recipient country, the current currency, and the method of receiving the transfer. Approximate terms of payment delivery and the amount of current commission will be shown below. If the customer wants to make a transaction in two clicks, you can click “Send” after the calculation. The platform will automatically take the visitor to the account registration page. Thus, interaction with the Azimo international money transfer service can be divided into stages:

• Creating an account (registering at azimo.com and editing basic profile settings).
• To make a transfer (using the panel, the sender selects the recipient country, specifies the amount and confirms the payment).
• Payment of the transaction (the account owner pays the transfer with a personal bank card to Azimo acquiring, through which the international payment will pass).
• Notification (after the correct procedure, the company will notify the user of the successful completion of the transaction).

How to register in Azimo payment system?

To register on the platform azimo.com The visitor needs to go to the home page and click on the button of the same name, which is located in the upper right corner. The site will automatically redirect the user to the standard questionnaire, where he must specify the basic data for creating an account. First, the client confirms the type of account (personal or business), and then fills out these fields:

• sending region (from which country the financial transactions on the account will be performed);
• A valid email address (to confirm your account and send checks for transactions);
• password;
• Name and surname (here you need to specify the details that are written in the passport or other official documents).

If all the data is correct, the page will display the next panel, where you need to enter a valid mobile number, date of birth, and zip code. This step can be skipped if the client is not sure that the postal code is correct. To do this, just refresh the page and the site will automatically open the main page, where you will have access to the personal account of the participant. Authorize on the platform you can also use a quick login via social networks Facebook and Google. The personal account window will show the information about the account holder, where you can edit previously entered information, control the notification option, and link the account to other social networks. After getting acquainted with the tools of the profile when you visit azimo.com a standard panel will open for creating and confirming financial transactions.

Account type

The owner’s account type is confirmed at the time of account registration. The user can choose a personal or business account.

For individuals

Customers azimo.com can send transfers to 190+ countries and territories with around-the-clock payment delivery without being tied to a weekend. Most payments are successful within a minute, but sometimes a transaction will take about an hour. Individuals can track the status of transfers, calculate pre-transfer fees using a built-in calculator, and receive bonuses from the company. The first financial transaction can be performed immediately after verification.

For business

Unlike the basic profile, the registration of a business account involves entering additional data, as well as their confirmation during verification. In the addendum the user describes his company (its name, details, related organizations, bank statements, etc.). Azimo Business is available to all employees of the company without reference to their position. Despite the prohibition of using an account by more than one person, Azimo provides the option to create additional accounts on behalf of the same company.

Business account holders receive an increased daily and one-time transaction limit, as well as a lower fee percentage. The customer can transfer up to £250,000 (equivalent) at a time to a single person or entity. When it comes to interaction with the wallet, Azimo Business has a separate parameter for setting up notifications. Using it you can set up notifications on the financial operations performed – the program will show the current payment status with regular updates. There is also a setting to show the exchange rate, which will notify the account owner when the fixed price of international exchangers is reached.

How do I get verified in Azimo?

Verification on Azimo is a standard security procedure that needs to be completed for financial transactions within the platform. There is a separate “Verification” (or “Verification”) tab in your personal cabinet, where the current status of the document and identity verification will be displayed. You cannot go through the procedure manually, as Azimo may not request documents immediately. For example, the first two transfers using this service go through without sending any additional documents. The help center does not specify a specific reason for random verification, so there is no way to know in advance about such a request. Thus, the account holder will receive a notification of the identity verification only at the moment of the financial transaction. Azimo has a number of standard checks, where the company will ask for proof of identity, source of income and residence address together with a residence registration.

The first type of verification is POI, in which Azimo will ask you to send a scan of a document of your choice (passport, driver’s license, residence permit). Details of the owner must match the information in the personal account, including date of birth and residence address. The scan of the ID includes the owner’s photo, document number, watermarks, and expiration date. The transaction will be temporarily frozen during verification of sent photos. In addition to identity verification, Azimo may request proof of income from the owner. This can be a bank statement, credit card information, a receipt for a deduction or sale of real estate, a loan or mortgage. The document must contain the details of the owner, the amount received or its current balance, the date of issue and the stamp.

The final stage of identification is POA. As part of this procedure, the user needs to confirm the current residential address. Azimo accepts utility payment slips, bank statements, as well as letters and other appeals from government agencies. The scan must have the recipient’s name, the organization’s stamp and the date of issue. The company promises to report the results of verification within two hours of sending the files. When it comes to business accounts, for basic profile verification, it is necessary to send documents that confirm the company’s registration.

Depositing and withdrawing from azimo.com

Azimo is a service for quick transfers from a personal account to a foreign account, so the storage option is not provided here. In the personal cabinet there is a panel for creating a new transaction, where the client specifies the currency of payment, its type, details of the recipient and the data on his card. To put it simply azimo.com – an intermediary between the payer and the recipient, which withdraws money from one account and transfers it to the account of another bank that is specified in the application. Instant synchronization and internal notification option allows the account owner to receive messages about withdrawal and receipt of funds, including tracking the current payment status. Each request is assigned its own ID, which is necessary for opening disputes or resolving other situations with the support service.

To simplify transfers and mobility, Azimo has developed a separate application for iOS and Android smartphones. The app fully replicates the tools of the web version of the platform, so the user can create a request and confirm the transfer in two clicks. The program works with standard and business accounts, including sending notifications and tracking transaction status. Azimo accepts VISA MasterCard credit or debit cards, as well as bank transfers. If the account holder is located in Germany or Austria, it is possible to create a transaction via the SOROFT electronic platform.

Currency of operations

Azimo’s money transfer service has a large coverage area and supports more than 80 currencies. You can study information about a specific currency at the time of application, or through the rate check panel on the home page.

Commission

In Azimo the commission is paid only by the customer of the transfer, and its percentage depends on the region and the type of account. You can find out the exact amount of commission on the azimo.com homepage. To do this, click on “View Rate” and the site will automatically open a page with an interactive calculation panel. Here you need to specify the currency, amount and method of receipt. After that the panel will show the approximate delivery time and the current fee according to the terms of the customer’s account. The help center says that the starting commission is £1, and the remaining surcharges will depend on the region and the payment method.

Payment limits

With a bank card, the account holder can create transfer requests of up to £12,000. When it comes to business transfers, the minimum payment is 10 pounds, and the maximum is 250,000 (via SWIFT). There are no internal restrictions for transfers to a bank account.

Restriction on withdrawal

The platform does not provide for the withdrawal of money due to the lack of an internal account.

Asimo.com Bonuses

Payment platform azimo.com has developed a number of welcome bonuses that are available to individuals and businesses. Despite its narrow specialization, Azimo often runs various bonus events, which allows account holders to transfer money more cheaply.

First payments

A new member of the azimo platform gets a bonus in the form of the first two payments without paying any additional fees. To do this you just need to create an account at azimo.com and apply for a new transfer. Owners of business profiles receive a similar bonus, but up to 5 transfers inclusive.

Student discounts

When working through the app, students can get a discount of £10 on the first transaction or £2 on the next transfer. To do this, go to the tab with the same name and click on the bonus link.

Invite a friend

Internal referral program, under which the invited participant and referral will receive additional deductions to the bank account. The amount of remuneration is calculated individually, so information about bonuses will be known at the moment of participation.

Azimo Com Affiliate Program

On the project Admitad There is an offer from Azimo, in which the webmaster can get a reward for attracting customers.

Reviews of the Azimo Com platform

On azimo.com there are many mentions of the presence of a discussion thread on the TrustPilot project. Reviews about the service have been actively published since 2014, and the company’s overall rating was 4.6 out of 5 points. Users praised the project for the speed of transfers, the variety of currencies, moderate commissions and periodic bonuses. The platform was also praised for its user interface and mobile application. Of the negative publications, we saw comments about delayed transfers and long responses from the support team. Nevertheless, representatives of the company responded to 96% negative reviews, trying to solve the problem of the client.

If there are any reviews about Azimo payment system, we will definitely publish the information in social networks. Sign up so you don’t miss anything!

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

Regulation and Licensing

In the section with the documents of the service, we found brief information about the company that develops and maintains the Azimo platform. AZIMO LTD was listed on the UK registry in 2012, where it was given the number 07895399. The company’s status is listed as active, and Richard Ambrose has been the CEO since 2019. The address of AZIMO LTD’s head office is 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN.

Azimo license

In the “basement” of the site there is information about the license, which is issued by the UK authorities with the number 12676497 in the registry.

• View Privacy & Cookies: Our Promises on asos.com;
• View legal information and details of AZIMO LTD.

Asimo User Agreement

The azimo.com Agreement is a voluminous document called “Terms and Conditions”. It contains 30 sections describing the rules of working on the platform, rights and obligations, conditions for receiving bonuses, etc. Before registering, the client automatically agrees to the contents of this document. The owner of the account has the right to cancel the transfer of money before the transaction is processed. To do this, contact Azimo’s support service or cancel it manually through the mobile app. If the payment is already being processed or processed, the company has the right to refuse a refund.

Azimo can suspend access to the account if the user provided incorrect or erroneous data during registration. Also, account blocking applies to clients who have not gone through the verification procedure after the appropriate notification. If the user has repeatedly received complaints from other participants, Azimo has the right to freeze the profile until the reason is clarified.

Members of the Azimo Affiliate Program need to check for other accounts on the platform beforehand, which is mentioned in point 29. The company’s algorithms may recognize a member’s profile as a multi-account, so the bonus payment may be denied.

Customer Service

You can get an answer from the managers of the Azimo service in the following ways:

• email: [email protected];
• the feedback form in your personal cabinet;
• online chat;
• UK phone number: +0 20 3137 07 08.

Is Azimo payment system a scam?

Platform Azimo has been working in the world for almost 9 years, and during that time the number of participants has exceeded 1,000,000 people. The service helps conduct a quick financial transaction with a minimal fee in less than an hour, whereas banks do it in 3-5 days. The platform also offers various bonuses, discounts, and a referral program for members. In this review, we looked at Azimo’s features, its personal account, and the conditions of the transfer application. In addition, we have studied the current discounts, commission policy, checked the license and ratings in the network. Having analyzed the data, we can say that Azimo is not a scam, but a reliable fast transfer service.

Conclusion

The simplicity of the platform’s user interface Azimo allows you to create an application and confirm the payment in two clicks, specifying the data and amount of the transfer. The service promises low commission rates and constant bonuses in the form of discounts for financial transactions. The organization has a large coverage area, many global banks cooperate with Azimo, which allows customers to receive transfers directly in cash. The company is officially regulated by the authorities of Great Britain and has a valid license, which enhances its reputation and reliability. If you’ve already made international transfers through Azimo, tell us about it in our Testimonials.