Payeer Wallet Review: Sign Up, Log In, Verification, Fees, Security
Payeer is one of the most used currency on the XMLGold cryptocurrency and e-currency exchange platform. Let's find out what the Payeer e-wallet is and how to use it properly. In this review you will learn how to register in the Payeer payment system. The topics such as: Payeer security, fees, deposit and withdrawal options will be discussed. At the end of the article we will summarize the pros and cons of the Payeer wallet. We hope this review will help you better understand the Payeer payment system.
As the number of people who use digital finance grows, therefore, demand market is also increasing. As a result, the number of digital asset management alternatives has grown. Digital asset management frequently provides users with digital or electronic wallets in which they deposit or withdraw funds.
Some of these systems have improved and expanded their features, and they now accept both fiat and crypto-currency payments. It has proven quite beneficial for the large number of consumers they occasionally attract.
Payeer is one such platform. Customers of Payeer can use this platform's numerous services and functions. Payeer is a crypto-currency exchange and a digital wallet for fiat and crypto-assets.
Payeer has a large number of features that have constantly resulted in excellent feedback for the platform. These include crypto-currency trading across many block-chains, asset storage, and rapid payment methods such as the Payeer payment system to fiat currencies.
The platform has also included a long list of new support options, such as withdrawals to Master-card, Maestro, and other credit cards. Individuals who are considering using it as their primary electronic wallet will like the variety of alternatives for making payments or adding cash to the wallet.
Payeer SignUp Process
To sign up with Payeer, you will need:
1.Go to the payment service provider's official website.
2.Select "Create Account" from the drop-down menu (the button is located in the central part of the interface).
3.Type your E-mail address in the box provided.
4.As a code, type captcha.
5.Select "Create Account" from the drop-down menu.
6.Go through your emails.
7.Fill in the form field with the resultant number combination.
Everything is straightforward, as you can see. Only an email address is required by Payeer. In less than a minute, the user becomes the owner of a personal account with a payment system. We will go over the Payeer wallet registration process in greater detail below.
After arriving at the official Payeer website, the user should click the "Create an account" button in the middle of the main page. The users are redirected to a page where they must enter their email address and captcha code.
Click "Create an account" once more, but first familiarise yourself with the payment system's requirements for service supply. By default, selecting the "Create an account" button indicates that the user accepts the rules' terms. While you click the button, a box will pop up asking you to input a verification code that was previously given to the email address you provided, when filling out the previous form.
Payeer Login Process
A Payeer client must do the following to log into their account:
1. Go to the payment service provider's official website.
2. In the center of the interface, click "Login."
3. Fill in the information that the system requires.
4.Press "Login" once again.
The user should have no difficulty logging into Payeer's system. Username and password generated upon registration are only needed by the system. This combination of numbers and letters will be the key to the Payeer account if the user has not updated them yet.
Let's take a deeper look at the procedure of accessing the payment system.
After visiting the main Payeer page, select the "Login" button next to the "Create an account" button at the first step. The system will prompt you to enter your username, password, and security code, or captcha, in the next window.
If you forget your password for any reason, it does not mean you will never be able to access your funds again.
Normally, such situations are taken into consideration by service. In the form, next to the field requiring a password, there is a button labeled "Forgot your password?". This tool will assist the user in regaining access to their account and money directly.
After clicking the button, you will be sent to the restoration page, where we'll enter the login, secret word, and captcha code. Remember the secret word, along with the logins and password, was produced during the account registration process.
After you have successfully logged into Payer, it is a good idea to familiarise yourself with all of the system's features. Payeer offers an extremely easy UI, which makes engaging with the service more pleasant.
On the right side of the Payeer personal account page, you'll find the following sections:
- - "Balance" refers to the number of funds held in the payment system account.
- - “Transfer” is needed for settlements between the parties.
- - "Exchange" for converting cryptocurrencies for the Payer's fiat currency
- - History" is used to see the history of completed transactions and export them to CSV format (a delimited text file created to simplify work with large amounts of information).
- - The "API" is helpful when integrating with internet services.
Let's have a look at the top panel now. As a result, the total quantity of funds on the user's accounts in US dollars is displayed in the right corner of the screen.
On the right are located:
- - Notifications and news tab. It contains all of the information about your account as well as payment system news.
- - The account number includes information about the account's current status. You may add other security to your account by verifying your IP address and turning on SMS alerts.
- - The tab for selecting the interface language.
- - It's worth noting that the "Personal Account" only supports Russian and English.
- - Theme selection tab which includes dark or light, who likes which one.
- - A tab for contacting support.
- - Exit tab.
- - Settings tab. It allows you to reset your password, log in, track referrals, and view information about the cards used to make earlier payments.
Also, double-check personal information. Go to "Profile" in the section, where a form will appear that should be filled to pass verification.
We choose the account type and input the entire name, date of birth, country, and address. We verify all of these details by uploading an international passport or national identity card, and any other document that verifies the address, to the system. A utility bill or a bank statement will work.
After you have finished uploading your papers, click "Send for verification" and wait for confirmation. Please keep in mind that document verification might take up to 7 business days. The procedure may need to repeat at times.
Payeer charges reasonable prices for the numerous services and features it offers to its customers. Each cryptocurrency has a separate trading cost. The deposit cost might be as high as 3.99 percent in some cases, depending on the payment method in use.
Other deposit and withdrawal transactions have a cost, and the company has listed numerous prices linked with their respective money.
Even though depositing Bitcoin into the wallet is free there is a minimum amount that is exchanged, which serves the same purpose as a minimum fee. Depositing fiat currency makes payments on the site.
Because of this direct digital deposits to the wallet are free to the platform, but fiat currencies are not. There are no fees associated with withdrawing crypto assets.
Although the charge appears to be larger than that of many local platforms, Payeer has maintained the fee reasonable by providing a more comprehensive package that minimizes the need to pay small amounts to various stages. As a result, consumers stop paying a single one for a small fee.
The fees for verified and unverified users are the same. Some rates are below:
- - International money transfer is free;
- - Currency exchange costs 2% of the amount exchanged, regardless of currency type;
- - Replenishment is free;
- - Output ranges from 0% to 5%;
- - SMS notifications: $0.05 per notification;
- - Password recovery is typically free; $50 if the account password is automatically recovered;
- - Account transfers are free;
- - The system pays back 0.95 percent of the amount received (if HYIP uses the API).
Payeer Security System
Payeer is expected to place a high priority on security, because of its activities on many continents and a rapidly rising user base. The platform has implemented several security measures to keep user information, data, and privacy safe and secure.
The measures include 2FA, which requires second permission and confirmation from the mobile device before performing transactions or utilizing specific Payeer platform services once the mobile phone authenticates with the account.
Verification may take time, based on many aspects to assure a close-knit and safe clientele. It may be discouraging, but having only authenticated users can be a wise tactic.
Without completing the verification, transactions, withdrawals, and other activities are limited to a certain point beyond which users are unable to advance.
Payeer is recognized as one of the most secure and trustworthy wallets currently accessible in much of South Asia, and it supports more than one cryptocurrency.
Users are alerted through an E-mail every time their account is logged into, another step toward a secure platform. It can assist them in keeping track of any activity that occurs within their account and catching a criminal in the act.
Payeer Deposit Options
The payment system wallet can be deposited in the "Balance" area, which offers information about the currencies supported by the service and their current status. There are a few options:
• Banks and cash (VISA, MasterCard, Maestro, and cash);
• Cryptocurrency (ETH, BTC, Advcash, Tether, LTC).
Bitcoin Deposit into Payeer's USD Account
Consider the procedure of using a cryptocurrency transfer to replenish a US dollar account.
Click the "Deposit" button in the "Balance" section of the USD account.
Select the deposit system and the required deposit amount in a new window.
Click "Deposit" once again. We consider the fact that this operation involves a commission from the system.
We then double-check the information and validate the operation.
If everything seems good, click "Deposit," but if you need to make changes, click the "Return" button on the form's right side.
The system will return the user to a page with the transfer address and the amount, which he has just 15 minutes to deposit after confirming the transaction.
Please keep in mind that the deposit amount should not differ from the amount offered by the provider, as this might cause issues with the account's receiving procedure.
We will wait for the amount on the USD balance to update now that the transfer is complete.
The system may prompt the user to validate his details depending on the deposit method selected.
So, if he wants to deposit money into an account using a bank card, he won't be able to do so until he uploads a photo of his passport and the bank card from which the transfer is made to a particular form after filling out all of the questions.
Payeer Withdrawal Options
Payeer withdrawals are done under the "Balance" area, which provides information about the currencies supported by the service and their present platform. Payeer money can be withdrawn in a variety of ways:
1.Banks and cash (VISA, MasterCard, Maestro, Cash);
2.Cryptocurrency (ETH, BTC, Advcash, Tether, LTC).
Withdrawing Bitcoins From A Payeer Account
Let's take a look at how to get money out of a Bitcoin account.
Click the "Withdraw" button in the "Balance" section of your BTC account.
The user will then be taken to a screen that requests the amount and the BTC address for the transfer. Withdrawing Bitcoin can only be done to another cryptocurrency network address.
The minimum and maximum withdrawal amounts are 0.001 BTC and 30 BTC, respectively.
We check for inaccuracies and confirm the withdrawal of funds when we finish the application.
In case of withdrawal limitations from other system accounts, the lowest withdrawal amount directly from Payer is $ 0.02, and the maximum is $ 2,000, provided the user sends from an unverified account.
Where To Use The Payeer Payment System?
Compared to many of its competitors, the financial platform provides much more options. The usefulness of the payment functionality is determined by how the account is used.
After all, the demands of the individual paying for items on the Internet are very important to the business that utilizes the Payeer wallet to handle online payments.
Below is a list of useful features:
• No or cheap commissions;
• Sending payments to any location on the planet;
• A diverse variety of money deposit and withdrawal options;
• HYIP-to-HYIP transactions are instantaneous and flexible;
• Mass payments make it simple to transmit money and conduct transactions;
• Exchange service; international SWIFT transfers;
• Deposit funds through SWIFT and credit card deposits;
• Automatic bank transfers (bank cards);
• Easy signup (just an E-mail address is required);
• Extensive security (IP security, SMS security);
• Virtual playing cards (as a replacement for real cards) Accounts with several currencies;
• Funds are sent instantly;
• There is an affiliate program;
• The account is not locked;
• There is an iOS app.
How to Exchange Payeer?
XMLGold is one of the best options for exchanging Payeer. At XMLGold.eu (online digital currency exchanger) you can secure and cheaply buy, sell or exchange Payeer EUR and USD in many other e-currencies and cryptocurrencies, for example, Bitcoin, Ethereum, Dogecoin, Litecoin, Dash, Dogecoin, Monero Tether, USD Coin, TrueUSD, Perfect Money, Perfect Money Vouchers EUR/USD, AdvCash, Bank Transfer, Sepa Transfer and many others.
How does it work?
Simply select the currency you want to buy on the right side and currency you want to sell on left side. Fill the necessary amount for you and press “continue”, then fill all the necessary information requested by the system. It will be fast and simple.
Note: If you want to buy or sell larger amounts, then choose option – “Extend Reserve”.
Payeer vs Perfect Money
Payeer is a multi-currency payment method that involves sending and receiving fiat money along with cryptocurrencies. There are pros and cons to utilizing Payeer, but the best feature is that you may receive cryptocurrency and withdraw in fiat cash.
In addition to being a payment entryway for sending and receiving money, Perfect Money allows you to fund your account with bitcoin and earn interest. You may withdraw your funds by many methods, including using Western Union.
Pros and Cons of Payeer
• VFSC has authorized and regulated the company.
• Maintenance of your account is completely free.
• The low transaction, payment, and deposit/withdrawal commissions.
• Excellent site for purchasing and managing cryptocurrency.
• Merchants will find the payment mechanism to be quite convenient.
• It is available in over 127 countries.
• On Android and iOS, the app has a good reputation.
• Only tickets are essential for technical support (no chat or phone).
• Other cryptocurrencies can be added to the platform.
There are so many payment processors available nowadays that it is difficult for dealers and customers to pick the one, which is the best. It is difficult for businesses and consumers to choose the best payment processor when there are so many.
Payeer wallet is one of the greatest online e-currency e-wallets available. It provides both freedom and security. If you are looking for a new payment processor, you should try Payeer wallet and log in to your account to learn more about its features.
Payeer wallet can be helpful for you, particularly if you own an online store. It is a fantastic way for customers to purchase things without dealing with any hassles or restrictions. Take a closer look at this payment system if you are tired of the platform used for online settlements.