If you are in any way connected with the world of electronic commerce, you probably know how many different payment instruments have appeared recently. These are the largest payment systems that are analogous to electronic currency - they can be exchanged for others, sent and received as payment for goods and services.
One such system is Payeer. Reviews about it, as well as the advantages of this currency, we will describe in this article.
What is Payeer?
So, to begin with, we note that we are talking about a multicurrency payment system that operates in more than 200 countries to receive, send and exchange funds. This is a kind of open, universal system that allows you to easily carry out various financial transactions with a low degree of responsibility of the users themselves who are engaged in this. This means that the Payeer payment system (reviews confirm this) does not require mandatory verification of the participant’s account and does not engage in such close monitoring of operations as can be found in other online systems.
In addition, the entire procedure for sending and transferring funds is simplified: with Payeer you can accept money in other currencies, for example, in Qiwi, at a single commission for the entire system. This makes such a payment tool very convenient and profitable. Actually, this bribes Payeer.
System benefits
A special page has been created on the official website of the company, which describes all the advantages of this system. The developers of http://payeer.com (the feedback from site visitors confirm this) even carried out a whole comparative analysis of this currency with others available to users from Russia and the CIS countries. Some features acted as criteria, and Qiwi, Webmoney, PerfectMoney, PayPal and Yandex.Money are listed as competitors.
The most interesting points are the ability to pay and accept funds from Visa, Mastercard; Convert received money to any of the currencies without additional difficulties; make bulk transfers to counterparties by API; connect stores to receive payments without complicated procedures; abandonment of the practice of setting limits on operations conducted by users, and much more. Payeer.com leads by all these criteria. User reviews regarding some of these points really confirm the simplicity and usability of the system.
Instant sharing
Take at least the currency exchange function. There is a special page on the system’s website that resembles one of the many private exchangers operating on the Internet. It makes it possible, choosing from three currencies (rubles, dollars and euros), to exchange for one of the payment systems (Yandex.Money, Qiwi, OkPay, BTC, RBKMoney, W1). Moreover, the exchange is carried out at a minimum commission, as the Payeer website shows. User reviews confirm: when transferring funds from one currency to another, the system removes a 2 percent commission. Take, for example, Webmoney - there only 0.8% is spent on the transfer between the user and the exchange office, not to mention the operation on the exchange itself.
Another advantage of Payeer is its convenience. In the case of private exchangers, you are forced to work with third-party sites, switching at the same time between your wallets. Whereas when working with this system you only need to go to one page where you will be given the opportunity to carry out the desired operation in a matter of seconds.
Lack of authorization
Another feature of the payment system in question is the rejection of mandatory verification of the user's identity. As we know, Webmoney introduced the procedure for sending a scanned passport several years ago. A couple of years ago, Yandex.Money included mandatory user verification, which a large number of people also complained about.
Payeer.com, the most flattering reviews on this issue, is different. The payment system does not require you to have any documents in order to have advanced features. All operations that an ordinary user may need to perform their financial tasks are available here in any case. This is captivating, because in this case no one forces you to share personal information. And the results of such a policy are obvious: about 7 billion accounts operate in the system (according to official statistics on the site).
Obviously, some of them are one-time accounts established for some single tasks, as well as accounts from other payment systems that this service also works with.
Worldwide translations
With Payeer, you can quickly and easily make payments to any counterparty around the world. As noted on the official website, anyone can accept funds, including a user who is not registered in the system. The commission for withdrawal is 0 percent, and for receiving funds - 0.95%.
The restrictions here are quite soft: there is only a limit on sending money to bank cards (this is 100 thousand rubles or 5 thousand dollars on Visa and MasterCard). In all other respects, the user is given virtually complete freedom of action: bank cards from almost 200 countries can be replenished with just a couple of clicks. You can also easily and simply pay money to wallets of other systems (for example, the same Yandex.Money). This is not to mention internal transfers in the system currency.
Reception at sites
Another interesting tool that Payeer users can pamper with (users also testify to the convenience of working with it) is the merchant. Who does not know - this is the ability to connect the system to your site as a way to replenish the user's balance.
This is necessary, for example, online shopping. Everyone who wants to purchase a service or product on the site will be able, using their Payeer account, to deposit the necessary amount into the account and thus pay the seller.
It is also wonderful that you can deposit money not only in Payeer currency, but also using any other available payment methods. From a simple merchant service, this turns this service into a real billing service that will help the owner of the online store to conduct his business.
Deposit and withdrawal options
To understand how many ways to deposit or withdraw funds from the system, let’s say this: in quantitative terms it is about 150 different methods. In practice, it can be anything: classical methods (bank card or transfer from a bank account), electronic currencies (PayPal, Webmoney and many others), universal payment systems (Robokassa, which also combines a huge number of input methods), replenishment via SMS and much more. All this, as the reviews about Payeer confirm, makes the system a true universal payment tool.
User reviews
The system is quite popular in many countries, so finding feedback about it is not difficult. Most of them can be safely divided into positive and negative. In the first, users clearly focus on simplicity and comfort with which money can be withdrawn from the system, exchanged and sent. In addition, it is the simplicity of connecting payment instruments (including APIs) to sites, online stores and simply paid services. Yes, and do not forget about the operational support work, which quickly enough answers questions about the difficulties encountered.
As for the negative reviews, then without them, of course, it could not do. The most common among them are outrages about account blocking, as well as those related to high system fees.
One of the best systems where Payeer reviews are displayed is WebMoney Advisor. This is a resource on which you can find recommendations regarding certain projects for earning in the network, as well as payment systems and online currencies. There, in response to the Payeer administration’s charge of illegally blocking accounts, they say that the system does not close accounts for no reason. The site’s policy is aimed at closing the accounts of users who carry out illegal activities and conduct fraudulent activities. Therefore, it is possible that those whose money was lost in connection with such a blockage themselves provoked such a reaction from the administration. In this case, of course, this can be called absolutely fair.
If, indeed, everyone without reason had blocked the Payeer wallet, the reviews would have been much more discrediting and pronounced. However, it is obvious that the project management does not need to do this. Indeed, if this were true, the system would really lose confidence in the eyes of customers. No one would simply start a Payeer wallet. Reviews of unauthorized closures, be sure, looked more convincing and were really massive.
Caution! Projects of the same name
Since the article describes the Payeer payment system, it will not be superfluous to raise another question regarding the name of the project. Since its name is really well-known (and in general it is quite consonant with a service that works with currencies), it is often used by other people who are not related to what we described in this article. A vivid example of this is the Payeer-Surf online earnings system. The feedback from the project participants indicates that this is the simplest “box” (or click sponsor) managed by scammers. In particular, evidence is provided that first they provide generous bonuses to those who start their work, after which they delete a person’s account without paying him money.
It is possible that fraudsters intentionally use the word “Payeer” in the address of their project in order to gain some kind of additional trust in the eyes of the participants. However, reading reviews about Payeer-Surf.ru, we can clearly conclude that the project does not pay.
In the future, be careful when going to certain sites. Check the address for what you are looking for. To clarify: the site of the payment system is available at Payeer.com.