Payeer

Payeer is a versatile global payment system that allows users to send, receive, and exchange money quickly and securely. It supports multiple currencies, including fiat and cryptocurrencies, making it an excellent choice for online transactions, trading, and business payments. With features like instant transfers, low fees, and a user-friendly interface, Payeer is widely used for e-commerce, international remittances, and financial management. It also offers tools like payment processing for merchants and an integrated crypto exchange, making it a comprehensive financial solution.

 

Why Payeer?

Today it is used in 200 countries, which allows you to make payments around the world. With the help of the system, it is possible not only to pay for goods and services, as well as to deposit and withdraw money in one of the most convenient ways, but also to use Payeer for business. For example, you can connect your site to the system and accept payments from clients from all over the world.

Access to the system is possible due to the presence of major partners working in the financial sector. This allows you not only to make payments but also to make money transfers, to operate with your own funds both through a personal account on the official site payeer.com and with the help of a mobile app.

 

It should be noted that the mobile application is available on devices based on iOS and Android operating systems. This allows you to quickly get information about the status of the account at any time in any convenient place where there is an Internet connection, to make transfers and payments, as well as to work with stock exchanges cryptocurrencies.

 

What is Payeer really? A scam or a reliable and proven financial instrument? Answers to these and other related questions can be found in this detailed review.

Payeer for sports betting

The popularity of Payeer allows you to use the system to work with bookmakersMany of them accept money transfers and provide an opportunity to withdraw funds using Payeer. The convenience in using it is based on the speed of movement of funds, which allows you to quickly deposit money into your account, as well as easily withdraw them from betting sites.

Payeer for buying/selling cryptocurrency

Payeer allows its users to buy and sell cryptocurrency (How to Make Money on Cryptocurrency?). However, the system does not always offer favorable rates, and you may have to pay a commission to make a transaction.

 

From 2020, changes that relate to the regulation of cryptocurrency turnover will come into force, which means that users will have to declare their income and pay taxes when withdrawing funds through most licensed payment systems. If there are supporting documents, tax is assessed on the difference between the sale and purchase. In the absence of documents, tax payments are assessed on the entire amount of the transaction.

 

How to Use payeer.com to Pay for Goods and Services?

The widespread use of the system allows you to use Payeer to pay for goods and services in online stores around the world. You can get acquainted with the detailed list of companies on the tab “Where to spend Payeer”. There are 12 main categories in this section, among which you can choose the variant you are interested in. The system provides ample opportunities not only for buyers, but also for sellers. Offers to connect the site to Payeer, which will allow you to accept payments, expand the client base, get additional business opportunities.

 

How to Register on the Payment System payeer.com?

To register in the system, you need to go through a simple procedure, the first step of which is to fill out a small form on the website payeer.com. The next step is to enter additional information, as well as to confirm personal data. This will allow full access to all system functions, making payments, making transactions, receiving transfers, exchanging currencies and trading on the internal exchange, as well as using mass payments.

Account type

Especially for its clients the system offers to use two types of accounts – the account of an individual and the account of a legal entity. At the same time for each wallet it is provided to open accounts in different currencies (USD, EUR). Besides these currencies fiat and cryptocurrency blocks (BTC, ETH, BCH, LTC, DASH and USDT) are available. Each wallet block contains a symbol and amount of currency available to the user.

 

How Do I Get Verified at payeer.com?

The verification procedure allows users to access all the functions of the system, make transfers quickly and easily, and insure themselves against blocking. To pass the procedure, it is necessary to confirm the cell phone number, provide a personal identification document (passport, driver’s license, residence permit), as well as a photo of the user, a document to confirm the actual residence address with the name and full address (statement, utility bills). In addition, the company may request to contact the employee via Skype by video link.

Passing verification allows you to change the status of the account from registered to verified. Along with identity verification, the company may request information about the sources of funding, transactions. In case of refusal to provide personal information, the company has the right to close, limit or suspend access to the e-wallet. Before registering on the site, it is necessary to study the rules of the company, as the internal policy of Payeer imposes restrictions for the use of the system by users from certain countries who can not pass the verification.

 

Deposit and Withdrawal from Payeer

To replenish your account Payeer offers one of the most convenient ways – through a bank card, other payment systems and electronic purses, by transferring cryptocurrency, as well as through exchangers, payment terminals, and communication stores, from a mobile account.

Withdrawals can be made through various systems, including many major companies. It should be taken into account that the use of bank transfers can significantly increase the time of the operation and directly depends on the ability of the bank that issued the card to process incoming requests. In some cases, the period of receipt of funds to the account can reach 30 working days.

Currency of operations

On the main page of the e-wallet in the “Balance” section there are tabs “All accounts”, Fiat and “Cryptocurrency”. On the “All accounts” tab, you can find eight currency blocks: USD, EUR, BTC, ETH, BCH, LTC, DASH and USDT. Fiat currency blocks are displayed on the Fiat tab (USD, EUR), and cryptocurrency blocks are displayed on the Cryptocurrency tab (BTC, ETH, BCH, LTC, DASH, and USDT).

Each currency block contains a currency symbol, the amount of money in that currency in the center of the block and the amount converted to euros (default). If desired, the user can change the currency of the total amount by clicking in this currency block on the symbol of the currency in which the result is to be displayed and refreshing the page.

Commission

Payeer provides users with a fairly wide range of opportunities, but the use of the system may be associated with the need to pay commissions. So, for example, the commission for deposit, transfer of funds is up to 5%, its size depends directly on the choice of the method by which the money is deposited into the account.

The amount of commission for sellers when accepting payments from buyers, as well as when making an instant exchange or fiat currency exchange is 0.95%. When using the internal exchange, users pay a commission of 0.25%, and when using high-risk sites 2.95%. The minimum fee is 0.01 USD or Euro.

Payment limits

Limits on transaction amounts are set by the company based on the company’s internal criteria, which are not disclosed to the general public. Each user can view the personal limits in his account. In addition, certain restrictions are imposed on users who have not undergone the verification procedure. For example, an anonymous account allows for no more than two transactions per day, each of which can be no more than $200.

Restrictions on withdrawal payeer.com

As stated in the previous paragraph, the system sets different limits for users who have been verified and use the e-wallet anonymously, and the size of the limits is approved on the basis of internal company policy. For example, a registered account can be used to withdraw not more than one thousand U.S. dollars from the system. At the same time the identification procedure allows you to deposit and withdraw money by bank transfer of up to 7,500 US dollars or euros.

 

Bonuses from Payeer

Using Payeer allows you to earn additional income from participating in the affiliate program. Registration of referrals is made through the use of a personal link, which leads new users to the company’s website to register and use the system.

 

In turn, the owner of the link is engaged in its promotion on the Internet and subsequently receives income from new users. To participate in the affiliate program, you need to get a Partner ID, and to increase the effectiveness of the advertising campaign you can use promotional materials in the form of banners.

 

 

Reviews of the Payeer Payment System

The Payeer payment system has managed to reach the international level and acquire numerous clients during the time of its operation. At the same time, users note both positive and negative aspects of the payment service. Among the main drawbacks mentioned are commission size and the inconvenience of using payeer.com.

To the pluses, users have attributed the presence of the referral system, the level of security, the speed of transfers, the ability to perform transactions within the system, working with many sites and payment systems, cryptocurrencies.

 

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Payeer Regulation and License

The relationship between the users and the company is regulated based on the current legislation. In addition, internal documents and regulations are used to regulate private moments in the service’s work. Studying both legislative norms and internal documents will be useful for each of the parties to make their idea of rights and obligations.

License of payeer.com

Payeer is registered in Tbilisi, Georgia. The company operates under the legal entity Payeer LLC, providing financial services globally while adhering to the regulatory requirements of its jurisdiction. Payeer operates under the license number #0072, issued in Georgia. This license allows it to function as a legally authorized financial and payment service provider.

Payeer’s User Agreement

As for the internal rules governing the relationship between the parties, they are outlined in the User Agreement. When studying this document, users should pay attention to the following points and passages.
The capabilities of the system are listed in paragraph 2.2.

The procedure for closing the account and withdrawing the balance of funds is in paragraph 5.2.

The possibility of limiting the use of electronic purses if it is impossible to verify the user’s personal information is specified in paragraph 6.3.

You can find out about the change in user status in paragraph 6.7. and the need for additional verification is stipulated in paragraph 6.6.

The procedure of withdrawal without verification is indicated in paragraph 8.4.

For information about existing limits, see paragraph 11.

The company assists in finding and returning mistakenly conducted operations.

The procedure for handling complaints from users is specified in paragraph 16.

 

Customer Service

To resolve various issues, clients of the Payeer e-wallet system can contact the support service using a special feedback form on the official website of the company.

 

Is Payeer a Scam?

Given all of the above information, it should be noted that the payment system Payeer – is not a scam. This service has been successfully operating on the market of financial services for 7 years and has managed to win the trust of users and acquire regular customers. The popularity of the system, and partnerships with major financial institutions operating in different regions, allow you to use Payeer in more than 200 countries, make payments and transfers, use it for business, trading on exchanges, including cryptocurrency exchanges.

It is worth paying attention to the fact that, despite the popularity of the system itself, the ease of working with it, the high level of security and data protection, as well as the speed of money transfers, several users note the presence of quite specific drawbacks. The disadvantages of the system include high commissions and the need for verification to increase the limits and restrictions on transactions.

At the same time, the system successfully works, it can be used for purchases on the Internet, transactions with currencies, games on the exchange, and betting in bookmakers’ offices. Therefore, before deciding to create an electronic purse in Payeer, it is necessary to study the pros and cons, identify the benefits available for yourself, and study additional information about the work within the system and its capabilities.

 

Conclusion

Payeer is a successful and reliable payment system, which is actively used by millions of users around the world. Its high popularity level allows its users to make payments, transfer funds, work with different currencies, use the e-wallet to store funds, and earn money online. The availability of affiliate programs and internal exchange allows you to get additional income. It is necessary to note the high level of security of the system, the convenience of its use, and the ability to promptly resolve existing issues with the assistance of support services.