In today’s world, digital currency drives every major business and a large portion of personal financial transactions. In addition to large corporations, many small businesses are using digital currency for their transactions. This shift in how money is used has resulted in the emergence of e-wallets.
These services make selling, purchasing, transferring, and exchanging money online fast and secure. They can be linked to one’s bank account or used independently depending on the specific needs of the individual or business.
There are new e-wallets popping up all the time, which can make it difficult to choose one to trust with one’s finances. PayPal is probably the best-known of these services, although a great deal of its popularity comes from the fact that it has been established since 1998, many years before most other e-wallets.
One e-wallet which has become increasingly popular is Payeer. The wide range of services offered by this digital wallet will be explored in detail below. Beforehand, an overview of e-wallets will be provided in order to ensure that readers understand how important e-commerce has become in today’s technologically-driven world.
The Benefits of E-Wallets
There are many reasons why these digital financial services have become so popular around the world. The best e-wallets should make financial transactions easier, faster, and more secure. Here are just a few of the main benefits of these services.
Working with Different Currencies
For starters, they are crucial for businesses of any size, but they are especially important for individuals and businesses who routinely perform international transactions. Dealing with different currencies can be time consuming and expensive. The best e-wallets, like Payeer, offer features which make it fast and convenient to do business regardless of the currency.
E-wallets are highly popular for their ability to make financial transactions easier for users. One of the main reasons for this is the fact that users can perform a wide variety of transactions in the same place. Purchasing transferring, and exchanging money is made simple with services like Payeer.
Anyone who has experience in business understands that even simple transfers of funds can become very expensive. High-quality e-wallets are able to provide many services to users that can save money in the long term by avoiding costly fees. In addition, the best of these services should provide many features without charging high prices.
In short, the benefits of e-wallets are far-reaching. By lowering costs and allowing business to be done anywhere around the world, many businesses thrive because of these services. A great number of businesses and individuals have already experienced first-hand how these services can streamline complicated financial transactions.
The Issues with E-Wallets
Just as with any new technology, there are several drawbacks which accompany the benefits. Those looking to take their finances online should be careful to be discerning when choosing a digital wallet. Here are some of the most common drawbacks which define lower quality services.
There a wide variety of e-wallets available today. Some of these services, however, have costly fees which end up charging users a great deal for transactions. Users should not be forced to sacrifice significant portions of their money just to make transfers and exchanges. E-wallets which either charge high fees or make their prices obscure in hopes that users will not realize how much they are paying should be avoided.
Users of some e-wallets may be frustrated when the service offers limited features. Having flexibility and versatility is crucial when performing online financial transactions. Businesses which require payments being made to a wide variety of accounts around the world require a service capable of handling such demands. If the service does not include features which provide such a wide range of services for using their money, individuals and businesses may be better off finding a different e-wallet.
While using cash is a very limited strategy in today’s world, there is something to be said for the security that comes with it. Some individuals may be hesitant to place all of their finances online. With the best services, finances are properly secured in order to avoid losses caused by hackers, scammers, or even service interruptions.
Finding the Right Service – Payeer
Not all e-wallets are made equal. With so many options available today, it can be difficult to find the service which provides the ideal combination of features and usability. It is important to consider one’s needs, business aspirations, and current finances before selecting an e-wallet.
There are certain features which are of the utmost importance when selecting a service. Some of these include the number of options for exchanging money and the service’s fees. As well, it is important to keep factors such as customer service and user-friendliness in mind. Selecting the right e-wallet is crucial for ensuring that all financial transactions a business is required to perform can be done quickly, securely, and without costly fees.
What is Payeer?
Payeer is one of the most popular e-wallets available to individuals and businesses today. It offers one of the widest ranges of financial transaction options of any digital wallet and is also known to be incredibly user-friendly.
Payeer is one of the main competitors for the giant of the digital wallet industry, PayPal. Below, there will be a comparison between the two which explains why a large number of users prefer Payeer to PayPal. First, however the main features of this service will be outlined to provide individuals with basic knowledge about what it offers.
Payeer’s head office is located in Tbilisi, Georgia (the country near Russia). As it has grown, it has also opened locations in Scotland and Russia. Currently, it boasts over 2.5 million users and a growth rate of over 5000 accounts each day. Clearly, thousands of people have already seen and experienced the benefits of this remarkable service.
What Separates Payeer from the Competition?
Given the thousands of users who have decided to trust Payeer with their business and finances, there must be many reasons why it is more attractive than other services. In fact, Payeer has emerged as one of the leaders in the e-wallet industry, despite having only existed for several years. Here are some of the distinguishing features which have made this digital wallet such a great success in recent years.
Greater Number of Features
Perhaps the single most attractive aspect about Payeer is the fact that it offers a superior range of features to its users than most other e-wallets. There are a wider variety of options for funding one’s account, sending money, and exchanging money than found in other services, including PayPal. In addition, there are some additional features which can save users time and money when doing finances online. More options means that the many financial transactions a business conducts can be performed in one convenient place.
One of Payeer’s most unique and attractive features is its referral program. This program will be discussed in detail below, but it essentially allows users to make money through helping other people and businesses sign up with the service. Earning an income while performing one’s financial transactions is a highly attractive prospect, and Payeer has created an affiliate system that is unmatched by any other e-wallet today.
One of the most commonly overlooked aspects of e-wallets is their customer service. As with any Internet-based service, interruptions and other unexpected issues can arise. Further, conducting financial transactions in different currencies can be a complicated process. Having a competent and friendly support staff to address issues as they arise is important in order to ensure there are no financial losses.
With Payeer’s customer support, receiving answers to questions is simple and quick. Users simply fill out a short form and submit their answer online. They will receive a detailed response within one day of submitting their question.
How to Use Payeer
Payeer is not only one of the most versatile and respected e-wallets available to individuals and businesses today, it is also extremely user-friendly. Getting started on Payeer is painless and can be done in minutes.
Using Payeer begins with a remarkably fast and secure registration process. Afterward, how a person uses the service will depend on the specific needs of their business and finances. Here is an introduction to what users can expect when they register an account with Payeer.
The first stage of getting started on Payeer is to register an account. While many services force users through a long and complicated process to make an account, signing up on Payeer is quick and easy.
All that is required to make an account is an email address. After entering the address, a confirmation code is sent to the provided email within seconds. Users then enter this confirmation code into the provided box to create their account.
Once this step is completed, users will be able to make their own password and security word. For added security, Payeer requires users to confirm both of these. Users will also create their account name for use in forums and other interactions. Users also have the option of providing a phone number to be used to sign-in and receive optional SMS messages.
This process is remarkably fast and secure when compared to other services. This is the first introduction to the service, and it is a clear indication that Payeer is both secure and user-friendly.
What Users Will See When Entering Payeer
Once signed in, users will arrive at their account page. This page has everything they require to make a wide variety of financial transactions as well as stay up to date on their current balances. It is refreshingly simple, easy to navigate, and visually appealing. There are various icons found across the top and left-hand side of the screen which users can click to see different pages. Here is an overview of what these icons allow the user to do.
Across the Top
Firstly, the user’s balance in various currencies is conveniently located across the top of the page. Balances in dollars, rubles, euros, and bitcoin can be found here. As well, there is a messages icon which shows if the user has any unread messages to check.
There are also various ways to customize the Payeer experience found here. For instance, users can change the language to English or Russian and change the screen brightness. As well, they can use the settings icon in order to change their account password and other settings.
Left-Hand Side Menu
The left-hand side of the screen will have different options for the various functions Payeer offers. This is where users will be able to choose whether they are simply checking on their balance or if they want to perform transactions. Here are the options available for users:
Dashboard: The dashboard is the first screen that users will be greeted with upon signing in. It has a very simple and effective layout which presents the user’s balance in several currencies. It also shows a list of recent transactions, allows users to change settings, and includes links to the affiliate program and mass payout program.
My Cards: This screen will allow users to view, modify, and add Payeer credit cards. The registration process is simple, as it simply requires users to select the type of currency they desire to use and fill in personal information.
Add: Here, users can fund their account by adding money to it. This can be done in a wide variety of ways which will be explained below.
Transfer: This screen allows users to send money in various ways. Again, a full explanation of this feature will be available below.
Exchange: The final of Payeer’s main features, the Exchange page allows users to change money between various currencies. This is crucial for doing international business and is one of the most attractive features of this service.
Support: As stated above, the service offers unparalleled customer service. This page allows users to have all of their questions answered in a timely fashion. As well, users can find the answers to past questions on this page.
History: This convenient page provides a detailed and clear log of account history.
While Payeer offers a wide range of attractive features, there are three main functions which drive financial transactions on the service. These are: adding funds to one’s account, transferring money to other accounts, and exchanging currency. Below, a full explanation of how Payeer makes these functions simple and convenient is provided.
Funding e-wallet accounts is often needlessly complicated by many e-wallets. In addition, many of these services limit the ways money can be added to one’s account. With Payeer, on the other hand, there are a staggering number of ways to fund accounts. In fact, there are over 150 different options available to users.
The first step in the process is to select the amount of money one wishes to send. As well, the desired currency can be selected from a drop-down menu which includes dollars, rubles, euros, and bitcoin. This screen is very clear and simple to use.
The second step involves selecting how the order will be filled. There are a wide range of options to accomplish this. One can select various payment systems like bitcoin or dogecoin, for example. Or, credit cards like Visa can be used. There are also a great number of options for bank transfers. In order to use this method, users simply select the provided certified exchanger which offers the lowest rate. Then, they purchase the Payeer currency and return to payment to add the funds.
Adding funds with Payeer is painless and quick. In addition to providing far more options for funding accounts than other services, it also guides users step-by-step through the process.
Perhaps the most common reason people use e-wallets for personal or business finances is because of the advantages they offer for transferring money. With Payeer, money can be sent nearly anywhere around the world. There are three simple steps required to transfer money on Payeer: choosing the payment system, choosing the type of transfer, and sending the funds.
Choosing the Payment System
To transfer money using Payeer, users first much choose a payment system. To do this, they choose the amount they wish to transfer and the payment system such as Payeer or a credit card. They are required to fill in the account number and can also submit a comment if they desire.
Choosing the Type of Transfer
The next step in transferring money over Payeer is to select how the transfer will take place. There are three options provided. Users can either transfer funds using an account number, an email, or a mobile phone number. Naturally, they must know this information about the account they are transferring money to beforehand. This provides several different options to send money which allows users to do business with nearly everyone.
Sending the Funds
The final step in transferring money using Payeer is to actually send the funds. Here, users will confirm the amount they intend to send. They can also add another comment to the transfer. In addition, this stage allows users to make the transfer anonymous if they so desire.
Again, just as with adding funds, the entire process is guided step-by-step by the service. Each page is simple, easy to read, and includes concise instructions for the user to follow.
One of Payeer’s most attractive features is the option to exchange money using the service. This is rare among e-wallets and is one of the reasons why Payeer has become incredibly successful among businesses doing international transactions. There are two methods members can use to exchange currency on Payeer. These are the Automatic Exchange System and the Currency Exchange.
Automatic Exchange System
Using this system is very quick and user-friendly. Users simply enter the amount to give and receive in particular currencies. Then, they choose the payment system they desire.
This is a newly-implemented system on Payeer. Here, users can select the currency they wish to give and the amount they wish to purchase from the “List.” They are also able to submit a new request for currency exchanges.
As with above, this process is simplified by the service. Very few e-wallets offer any options for currency exchange, but Payeer actually offers several methods for users to enjoy.
Funding accounts, transferring money, and exchanging currency constitute the bulk of many businesses’ financial needs. However, one of the reasons why Payeer has attracted so many people is the fact that it also offers a variety of additional features. These features make Payeer a highly convenient service for individuals and businesses alike. Below are two of its most popular features: The Affiliate System and the mass payout feature.
The Affiliate System
In short, Payeer’s Affiliate system allows members to actually earn money through having an account with Payeer. More specifically, it provides users with a percentage of fees from accounts which register using the user’s referral link. By getting other people to sign up with Payeer, users can make a significant income.
This rewards system features a 6-level affiliate system unmatched by any of Payeer’s competitors. This means that users can earn income based off of 6 levels of referrals. In addition, the service provides convenient links to a wide variety of banners that can be posted on websites and in forums.
These types of services are sometimes offered on other e-wallet services, but rarely to the extent that Payeer’s Affiliate System goes to. Anyone who hopes to make money with an e-wallet account should strongly consider using Payeer. This is an especially effective program for those with websites or blogs.
One of the most attractive features for saving time and money is the Payeer Mass Payout System. This is an API-integrated function that allows users to send payments to many other accounts simultaneously instead of individually. Business owners will love this feature, as it saves valuable time and effort while reducing the possibility of making errors due to filling out multiple payment forms.
Payeer allows users to send mass payments to others using credit cards, e-wallets, and bank accounts around the world. It is an efficient and simple way to do business with multiple accounts at the same time, which is why this feature is so attractive to larger businesses.
While having a wide array of user-friendly features is important when considering which digital wallet one should use, the deciding factor often comes down to fees. Users should not sacrifice hard-earned money on exorbitant fees when using these services. For this reason, Payeer is highly affordable and ensures that users maintain as much of their funds as possible while enjoying its features.
Users who transfer money on Payeer will be happy to know that it offers some of the lowest rates possible. Receiving funds from domestic or international accounts is completely free. When transferring money to international accounts, fees start as low as 0.95% of the total amount.
Payeer maintains a single, low fee for using its service to exchange money. The fee is 2% of the total amount. This fee does not change depending on currency, meaning any exchange, including bitcoin, will only be charged a 2% fee.
Depositing and Withdrawing
Making deposits and withdrawals can be very expensive on some services. With Payeer, however, deposits are completely free. Further, fees for withdrawals are kept very low. These fees range from 0% to 5% depending on the withdrawal system used. This means that for many users, there will be no fees charged whatsoever for depositing and withdrawing funds.
Payeer VS PayPal
PayPal is one of the most popular and well-known e-wallets in the industry. While many people are satisfied with its services, a great deal of its popularity is due to the fact that it was established before many other services. As such, it has enjoyed long years of being the only major e-wallet available. Today, as services like Payeer have emerged on the scene, that is not the case.
Payeer is held by many as being a far superior option for e-currency to PayPal. One of the most important reasons for this distinction is the sheer number of services offered by Payeer relative to its competitor.
Some of the main features offered by Payeer that PayPal does not offer include currency exchange services, versatile mass payment options, zero transfer limits, and the fact that Payeer accounts cannot be frozen.
Many business owners have found that Payeer is the much more comprehensive and well-rounded e-wallet than PayPal. It offers a wide variety of options while remaining incredibly easy to navigate for users. While both are esteemed companies, Payeer’s service seems to outweigh that of PayPal. When considering which e-wallet to do finances with, one should consider the fact that having a reputation as an industry leader does not always mean that the site offers the greatest service.
Digital commerce is nearly ubiquitous in large business and is becoming increasingly popular with small businesses as well. While there are numerous benefits including speed, convenience, and versatility, doing finances online also comes with a risk.
Many business owners rightly fear the devastating effects of hackers and scammers can have on their online finances. As such, Payeer has taken several steps to ensure that its users are protected from these threats. Some of these are included in registration while others come at a small price.
To start, Payeer security offers IP security completely free of charge. It also offers SMS notifications to keep the user updated on their account for $0.05 per text. In addition, password protection is provided. This protection can be free or cost up to $50, depending on if the user has disabled automatic password recovery or not.
Deleting an Account
One of the most often overlooked aspects of e-wallets is the ability to delete accounts. Users may wish to delete their account for a variety of reasons, but this process is often made difficult by services who hope to keep members by making it difficult to delete accounts. Payeer fully respects the right of users to delete their account at any time and has the steps to do so clearly stated on the site.
In order to delete the account, users simply click on the Personal Data link and delete their email and phone number. Then, users save the changes and exit the service. In less than a week, the account will be deleted from Payeer.
The Payeer e-wallet is one of the most versatile, user-friendly, and secure services available to those interested in doing finances online today. It stands out from the competition for a number of reasons, a few of which include its selection of features, its convenient layout, and its low fees. Any individual or business looking to consolidate financial transactions in a single location should consider using the Payeer service. It is extremely popular around the world, and for good reason.
The features included in a Payeer account are simply outstanding. In addition to the common features like funding accounts and transferring money around the world, Payeer includes a unique currency exchange service. With Payeer, business can be done in a variety of currencies, including USD, EUR, RUB, and BTC. Further, there are a great many additional features that make it a pleasure to do finances on Payeer. These include the convenient Mass Payout feature and the extensive Affiliate System through which users can earn money. No other service offers the number of quality features found on Payeer.
Despite offering so many incredible features for users to enjoy, this service also makes performing complicated financial transactions remarkably simple. With step-by-step instruction for adding funds, transferring money, or exchanging currency, all of one’s financial needs are easily managed on Payeer. Further, the Dashboard page which greets users upon signing in is a very convenient way to see one’s account balance in a variety of currencies.
Ultimately, choosing an e-commerce service comes down to price. With Payeer, a wide variety of features, financial transactions, and security options can be enjoyed completely free. The fees which do apply are kept to a minimum in order to ensure that users keep as much of their money as possible.
At the end of the day, individuals must discern the best service for them based on their individual needs and preferences. However, it is clear that Payeer is a service striving to provide the most well-rounded and convenient e-commerce experience possible for its users. This is a very affordable and high-quality e-wallet that should be carefully considered by anyone doing finances online.