PAYEER is BTC, LTC, ETH, DASH, BCH, USD, EUR, RUB wallets at one app on your smartphone.
Exchange Fiat and Cryptocurrencies on Trade Platform or
Convert automatically, Fund up your account or Withdraw money to VISA,
MasterCard, Make payments worldwide between more than 20.000.000 PAYEER
accounts from 127 countries of the world!
Types of accounts
Payeer will want to know what kind of account you need. At
this point, such details will affect the fees and features you have. If you
want a personal account to send and receive money, trade or make payments, you
need the individual account. Fees are much lower and you gain access to most
features of the website. You can send payments internationally as well – the
primary role of the platform.
Business accounts are a bit different. You will need to
provide a few details about your business. Again, you can move funds around and
also internationally, but at the same time, fees and taxes will differ. All
these extras are in place to ensure that you do not need this account for money
laundering, which is a plus in terms of safety and security.
Currencies
Payeer is mostly specialized in cryptocurrencies. Your
account will take all kinds of currencies, including Bitcoin, Ethereum, Bitcoin Cash or Litecoin, among
many others – Dash, Tether and Ripple too. You can buy and sell crypto, trade,
make payments and perform internal transfers. There are over 25 international
payment options accepted.
Trading capabilities
Payeer is an excellent electronic wallet when it comes to
trading. While cryptocurrencies are easily traded, it is worth noting that not
all wallets out there provide such features. You can exchange cryptocurrencies
and join the trading industry – buy and sell whenever you feel like in order to
make some money.
Mobile application
Just like other electronic wallets – not all of them though,
Payeer features its own mobile application too. You can trade cryptocurrencies
on your smartphone or tablet. There are no extra features on the mobile
application, but you have push notifications – which can be handy. The
interface is straightforward and user friendly. It makes no difference if you
are new to this industry or you already have some experience.
The application is free to download and use. Also, it is
compatible with both Android and iOS mobile devices.
Business extras
Cryptoacquiring is intuitive and easy. You will not really
need a bank account, as you will get
everything to your Payeer account. You can also withdraw funds to bank cards as
well. Money is instantly converted when withdrawn – USD, EUR, RUB and others.
There are no risks with the rates and chargebacks are inexistent.
You can start accepting cryptocurrency payments on your
website fairly simple. Once you get an account with Payeer, go to the API
section in the user interface and follow the instructions – simple step by step
instructions that do not require any experience at all.
Taking payments allows more cryptocurrencies, such as BTC,
ETH, DASH, LTC, USDT or XRP, among others. They will be converted into USD, EUR
or RUB and they go straight into your Payeer account. You can also use the
balance you have to make payouts.
Payeer Wallet Currencies they accept
Referral program
Payeer allows its users to earn money. There are six
different levels of referrals. You can go up to 25% in earnings based on the
transactions. Payments are instant and there are more withdrawal options to
choose from.
You can also promote your link over the Internet to your
partners or customers and get some money for advertising. You might as well get
a banner for your website – a bunch of different sizes to perfectly integrate
into your design.
Fees and taxes
Fees are extremely easy to understand on Payeer's official
website. It is not difficult to understand the system, but you should go
through it anyway. There are no fees to open an account or monthly maintenance
fees. Then, there are fees for internal transfers, trading operations, currency
conversion and API.
When it comes to adding funds, most cryptocurrencies have no
fees, yet there are a few exceptions – usually starting at 4.99%, but they
could be lower too. Withdrawals follow the same rules – many digital currencies
have no fees, while others go from about 1.99%.
Payeer can, however, provide individualized fees. They are
recommended to large corporations that deal with large amounts of money. Simply
get in touch with the customer service and discuss this option. Individual
users cannot benefit from it.
Customer service
There are not too many options regarding contacts. You can
do it over email – simply get on the website and use the quick email form. You
have a few options regarding common problems or you can choose another question
and go ahead.
Payeer will respond within 24 hours, yet you usually get the
reply much faster.
Conclusion
Bottom line, Payeer is similar in functionality to other
online payment platforms. The electronic wallet is intuitive and
straightforward – features are basic and allow what you need, making
transactions. You can also trade or make some extra money through referrals. It
has its own application and its fee system is extremely competitive. The wallet
is anonymous too, which is a major plus for those who care about privacy.
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