Wallet One

Wallet One has been working in the financial services market for 10 years already. At the moment it offers its clients convenient tools for deposit and withdrawal of funds on the territory of 15 countries.

Why Wallet One?

Users can take advantage of electronic wallets, as well as a suite of business services. An extensive network of terminals and outlets where cash deposits can be made has attracted more than 7 million users and more than 40,000 online stores.

The obvious advantages of the system include ample opportunities for multicurrency wallets, which can be used to pay for goods and services, as well as software that allows you to receive payments for goods and services over the Internet, to analyze statistics, key sales figures, to generate reports for entrepreneurs. Collaboration with leading payment systems simplifies the verification procedure, and allows you to quickly and easily operate your finances and make transfers.

In addition, the Wallet One team is working on the launch of various projects, including not only e-wallets and a payment aggregator but also working with e-money issuing banks, lottery and terminal projects. Convenient personal account and withdrawal of money, clear analytics, 24-hour support service, mobile application, the ability to use the account by several users – all this makes working with Wallet One convenient and efficient.

This has allowed Wallet One to gain popularity and become quite widespread around the world, to form a customer base, and to develop its own offers and favorable conditions for its use. Is Wallet One another high-risk project, or is it a reliable system with which you can easily and efficiently operate your own finances? Let’s consider the answers to these questions in a detailed review.

How Do I Use Wallet One to Pay for Goods and Services?

With Wallet One Wallet you can accept payments in more than 100 ways, including electronic wallets, bank transfers, plastic cards, cell phone applications, payment terminals and online banking. Using the Wallet you can make international money transfers, pay for purchases in online stores all over the world.

To pay for services, simply go to the appropriate section on the site or app, which provides a list of services available to users. In this section you can see a list of payments, which includes cellular communication, Internet and IP-telephony, electronic money, utilities, television, games, repayment credits. When paying for services on the website walletone.com Users just need to select Wallet One to make a payment from a card or e-wallet.

How to Register in the Payment System walletone.com?

Register in the system walletone.com you can literally do it in a couple of minutes. At the initial stage it is enough to enter your contact information in the appropriate form, and after their confirmation users get access to a personal account.

Account type

The system is inherently designed for its use by individuals and legal entities, which automatically entails the division of accounts into two types – for private users and entrepreneurs. The rather extensive opportunities that business accounts receive allow for a significant increase in the efficiency of work on the network and the use of modern and secure tools for making settlements.

In this case, each user is given a list of popular financial instruments, with which you can effectively manage your own funds.

How Do I Get Verified at Walletone.com?

Wallet One customers can use the wallet anonymously. After passing the identification procedure, you can get access to extended functionality – to increase the existing limits on transactions and account balances, to make transfers, to use foreign currencies. The procedure itself is inextricably linked to the legal regulations of the country in which the user is registered.

Deposit and Withdrawal with Wallet One

The system gives users the opportunity to deposit and withdraw funds from the system by one of the most convenient ways at any time. It should be taken into account that in different countries, these methods and their number may differ.

As for the withdrawal of funds from the system, there are also many ways to do this. For example, you can withdraw funds to a bank card or account. As well as to use the systems for receiving cash.

Currency of operations

Simplified identification allows transactions only in the national currency. After passing full verification, users gain access to currencies such as UAH, EUR, USD, ZAR, and GEL. If the Contact system is chosen for identification, clients can operate in EUR, USD, or ZAR.

Commission

When using most terminals to recharge your account, there is no commission.

However, you should keep in mind that when doing business, intermediaries’ commission rates can have a significant impact on the client’s final payment. Let’s consider the main situations when commission can be charged. When using the system to pay for goods and services from e-wallets, the amount of commission can reach 6 percent.

The use of bank cards allows you to apply a flat rate at 5%.

The use of Internet banking will result in an increase in fees of up to 5.5 percent.

Intermediation by cellular operators will result in a commission of 5 to 15.5 percent.

Payment limits

To familiarize yourself with the existing limits that apply to a specific account registered on the territory of a particular state, you can directly in the personal cabinet of the user. It should be noted that after passing the verification procedure, these figures may be increased. So, unidentified users can make transfers of up to $500 per month, after passing the simplified verification procedure, this limit will be increased to $2,000 per month.

Restrictions on withdrawals to Wallet One

The main restrictions are mainly related to the status of the user. At the same time, users can change the limits by means of identification. Passing the verification procedure allows Wallet One customers to remove certain restrictions or increase existing limits.

Bonuses from Wallet One

A nice bonus from using the payment system will be participation in an affiliate program, which allows you to receive up to 25 percent of profits. To do this, you need to register in the system and attract new users. You can get acquainted with the preliminary figures with the help of the calculator, which can be found on the site walletone.com. It should be noted that the income from the attracted users directly depends on their turnovers.

In addition, participation in the partner program will allow entrepreneurs to offer their customers favorable conditions of cooperation, including the acceptance of payments in different currencies and work internationally.

Reviews of Wallet One

Monitoring reviews on the network allows you to find both positive and negative feedback from users. It should be noted that the dissatisfaction of users is associated with situations when after payment the services were not provided to them, and the system refused to return the funds.

Among the positive points, which were noted by users, there is round-the-clock access to the wallet, the availability of an application for financial management, a high level of protection of personal data, the lack of commissions, the availability of different ways to deposit the wallet, the speed of operations. It should also be noted that most of the negative reviews are associated with the past periods of the company. At present, positive comments about the work of the service prevail.

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Regulation and License of walletone.com

Relationships between the payment system and its users are based on the legislation of the country where the user is registered. Therefore, each client should thoroughly study the current regulatory legal acts, as well as internal documents of the company, which list the key points of its work.

Wallet One license

Wallet One payment system operates internationally. The owner of the company is registered in the UK, registration number OC 382512. It is Silvervale Alliance LLP. Documents from walletone.com:

• Terms of Use,
• Rules for Electronic Money Transfers to the RNCO United Cash Desk LLC.

User Agreement of the Wallet One Wallet service

Before working with the system, potential customers are offered at the stage of registration to get acquainted with the key rules for making transfers. When studying this document, you should pay attention to the following points. For example, paragraph 1.6. states what a single wallet is.

The wallet itself can be both non-personified and personified.

The payment service may require the client to verify if there are the following reasons.

The key functions of the service are listed in chapter four, which states that:

In the system, it is possible to block an active wallet, which is specified in paragraph 4.3.1.

The reason for blocking may be:

It should be taken into account that there are restrictions on the period during which the wallet will be blocked.

The established limits on account balances are listed in paragraph 5.2.3.

Wallet One Customer Service

Support service helps to communicate with users, quickly solve problems and make decisions based on real facts. Today you can contact Wallet One in one of the most convenient ways:

• By e-mail: [email protected].
• In social media: Facebook.

Is Wallet One a Scam?

Based on all of the above information, we can conclude that Wallet One – is an honest project. This payment system has been successfully operating at the international level for a long period. During this time Wallet One has managed to cooperate with leading companies and banks in 15 countries, attracting more than 40,000 clients and over 7,000.000 users.

At the same time, the system itself operates based on legislative acts adopted in the territory of those countries where its clients are registered. This provides ample opportunities for individuals to manage their own finances, in particular, it allows them to use the system to pay for goods and services, as well as gives access to convenient and useful functionality for entrepreneurs, who get the opportunity to receive electronic transfers, to work in the international market. Additional benefits are available to those users, who have passed the verification and also take part in the affiliate program.

It should be noted that when studying reviews on the network one can meet negative and positive comments. Most of the negative comments are associated with the blocking of the wallet, loss of funds when paying for goods and services from unscrupulous sellers. At the same time, among the positives, most recently, you can note the reliable and fast operation of the service, the convenience of its use for individuals and companies, leading their business in the network.

Conclusion

Summarizing all of the above, it should be noted that Wallet One service, like most payment systems, offers popular products to its users. At the same time, the work of the service may be far from perfect due to some or other reasons. However, the company constantly monitors the market and offers its clients favorable terms of cooperation.

In addition, to avoid disappointment, as well as to correctly assess the situation, possible benefits and potential risks, you can study the legal framework and internal documents, based on which the company works with users. This will allow you to use Wallet One to your maximum advantage, and choose the best ways to deposit and withdraw money and the necessary set of functions for each specific case.