Payeer Review E-Wallet,Deposite,Withdraw,Transfer Currency

The Main Features of Payeer

Payeer allows international transfers between accounts in USD EUR and RUB currencies. In addition, it offers instant transfers to crypto currencies like BTC or ETH.

Register & verify your account

Payeer registration is quick and easy. It only takes your name and E mail address to get an account. Most services can be used without the need to verify your Identity. If you do want to be verified, please upload a copy or your international passport.

Deposit, withdraw, and transfer

Payeer does not offer many options for depositing USD. You can deposit USD via AdvCash in USD, but this will incur a 2% fee. Yandex money and Qiwi money can be used to deposit RUB, but these fees are almost 10%! BTC can be deposited with 2.5% fee.

Transfers between Payeer account have a fee 0.95%. This is a good rate compared to other payment methods.

With a withdrawal fee of 4.5% + $5 for any amount, Payeer money can be withdrawn to Qiwi or Yandex money. A fixed fee of about 0.001 BTC can be paid to withdraw crypto currency to any currency supported.

Security and account protection

Payeer website uses an active SSL license to encrypt login details. However, it isn't very strong when it comes protecting your money. There aren't any protection layers to account pin codes or authentication. If someone knows your password they can easily steal your account and there's nothing you can do. https://payeer.in/

Payeer defects

Payeer's shortcomings include the high fees, which are much higher than most other services. It is only suitable for transfers money. The deposit and withdrawal process can be very costly especially for USD or EUR currencies.

People who don't reside in Russia or have RUB currency credit cards are not allowed to use bank transfers or credit card accounts to deposit USD or EUR.

The verification process is slow and may require you to send your data over again. This is not a good thing.

Review summary

We give Payeer a moderate rating. Despite having great features, such as the ability use the account without verification, working with multiple currencies wallets, the ability to make fiat and crypto currencies with ease and exchange fiat with ease. Unfortunately, there are some poor features, like the high fees to deposit and withdraw USD and EUR currencies and the week protection of your account. So while this service can be used to send money internally, it is not the best choice to save money or for main ewallet services.

Payeer Wallet – review and user reviews

Payeer - One of the most active growing payment systems. Although it is not yet possible to compare it with Qiwi and PayPal, the number of its users continues to grow rapidly.

It was first registered in 2012 year in Georgia. Since then, its offices are open in many other countries, including Russia.

The rapid growth of the system is understandable. It adapts quickly to changing trends and offers a wide range of top-up funds. It also allows users to transfer money almost anywhere. This helps to grow business online.

  1. Payeer is the best option for transferring money between different countries and systems. Wallet that supports transfers to most popular payment systems worldwide, in over 200 countries. This wallet allows money to be transferred to either bank or card accounts or the SWIFT network. In this situation, the recipient doesn't need to register with the system.
  2. Payeer is secondly a very "tasty", business-friendly platform. It has one the best merchant terminals in the market. This allows you to accept payment from anywhere in the world in many ways. The system supports massive transfers, which makes it possible to send large amounts of money from the account. This is useful for paying salaries to employees. Affiliate programs expand business opportunities.
  3. The third feature is that the system can be used anonymously. It is not necessary to identify yourself if you are not using the business opportunity by Payeer. An anonymous account is subject to certain limitations. SWIFT transfers are not possible, your Visa card account cannot be replenished and the Payeer Mastercard transaction limit cannot be exceeded.
  4. Fourth, Payeer can work with cryptocurrencies better than any other system. The wallet supports Bitcoin, Ethereum and Dash as well as Bitcoin Cash (ABC), and other coins. The wallet also operates its own cryptocurrency exchange since 2018. Payeer offers a number of trading platforms and is one of the easiest ways to purchase cryptocurrency.
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