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[Ben Kempton]

using the right kind of payment processor is one of the most important things when it comes to your business. When it comes to collecting payments, many people would try to use PayPal for their online business as it is a kind of online payment processor that offers protection. PayPal is also considered secure. However, do you think that it would be a wise idea to use Perfect Money as a payment processor for your business? Perfect Money works in all the countries, excluding the United States. However, it could be a good payment processor if you do not live in the United States.

 

[Horia_10]

It is widely used by almost all internet platforms for payments but since perfect money is an offshore company there is no guarantee of your money or you don't know who is holding it , you should only invest in payment methods having a verified business location and local presence in the country along with contact options and they must be locally available in any country they come from actually .

 

[Franca01]

It is widely used by almost all internet platforms for payments but since perfect money is an offshore company there is no guarantee of your money or you don't know who is holding it , you should only invest in payment methods having a verified business location and local presence in the country along with contact options and they must be locally available in any country they come from actually .

I don't think it will be the best to use pefect money as your business payment method. Business payment method should always be set to a popular coin that can be available to all the countries. Perfect money is not available in United States and will be the difficult for your business to be base there. i think U.S.A have the largers people who deal with online business.

 

[Horia_10]

That's not Right USA is not what we are dealing and concerned with and if your business is charged almost nothing fees and you can get easy payouts to your local bank why would you need to search for another payment processor actually indeed that's my point and I hope you got it mate , it has less than 1% fees , bitcoin withdrawals , and 0.5% direct transfer fees , and 4% yearly profits as well on keep accounts filled as well indeed .

 

[Mr Vector]

using the right kind of payment processor is one of the most important things when it comes to your business. When it comes to collecting payments, many people would try to use PayPal for their online business as it is a kind of online payment processor that offers protection. PayPal is also considered secure. However, do you think that it would be a wise idea to use Perfect Money as a payment processor for your business? Perfect Money works in all the countries, excluding the United States. However, it could be a good payment processor if you do not live in the United States.

Is it not working in US? I don't know about this, maybe because it works like the liberty reserve that was closed by the US.

Perfect money is the first online payment I received funds online after liberty reserve. Am I like it because there is not strict rules and it has low transaction fees.

 

[Horia_10]

The Company works as an anonymous offshore Company which is against the provision of legal financial laws in the Us , that is why the Company is not accepting customers from the Us to create Accounts and if they try using VPN they might , but if found that they are using VPN Account blocked without any refunds at all actually .

 

[Pousinha]

In my country, definitively not, if you don't want to jeopardize your business. My country is too old fashioned and many people don't even know what is Paypal (so imagine if they know what is Perfect Money). In addition, I'm not sure if Perfect Money lets Latin residents to withdraw to our bank accounts. If not, it hinders transactions very much. The point is Perfect Money is not popular at all in south America and most of business are still carried out by cash (some parents of my students pay me mostly by cash).

 

[btaliat]

The best online payment to use should be the one that is very popular in that region. The only set of people that do talk about Perfect Money in my country is the youth. Personally, I love Perfect Money for its low transactional fee but what of the majority that only prefer to pay through their debit cards?

 

[Horia_10]

That might be because the countries located in the region of South america have the the highest inflation rates each y/y and this makes it difficult for people to save money and when they have no money or less they don't look out for options and just put them in banks actually .

 

[btaliat]

@Pousinha ..I want to believe that your business transactions is not that much. If it is, it is better to be using bank transfer or payment through debit card. Transactions that involve large sum of cash may be very risky and it exposes the two parties to many risks. You may tell them the essence of using safer way of transacting.

 

[Horia_10]

That's right paying by credit card or bank draft pay order is still a better service choice but the working of all options safely depend on the safety factor which is low in high inflation countries and it will remain same because people not being able to take correct paths and taking wrong options instead indeed .

 

[magnus2022]

Since advent of cryptocurrency, I have been avoiding use of all those payment processors except in exceptional cases. Most of these payment processors make it quite difficult for third tier countries to use their services especially when you want to withdraw fund. I have never used perfect money but the reviews is not encouraging.
I thank for cryptocurrency, at least I don't have to pass through unimaginable stress to get my money

 

[Horia_10]

These are personal choices that a person can make depending upon the final payment option he needs So if Crypto serves the purpose it is good for a person actually and in reality perfect money is not a bad wallet and in fact it is the only wallets that pays interest as well and does not charges high fees as well from its customers actually .

 

[Pousinha]

@Pousinha ..I want to believe that your business transactions is not that much. If it is, it is better to be using bank transfer or payment through debit card. Transactions that involve large sum of cash may be very risky and it exposes the two parties to many risks. You may tell them the essence of using safer way of transacting.

Thank you for your concern, dear friend! In my country I receive payments from my students (or their parents, when they are teenagers, children and little ones) and they simply use cash or a Latin method called PIX (the fastest payment bank to bank). One of the mums makes a bank deposit to my fintech because the only available method for her. It's never a big amount of money, as I ask for payment after each lesson (each one up to 25 reais per hour).

 

[Horia_10]

That's still better in terms of global hourly earning salaries and especially when in the location you are living doesn't has a monthly average above $100 and if you are earning above $200 per month , it will be a significant advantage and you will be almost 100% richer each Month from others in your location each month .

 

[btaliat]

Since advent of cryptocurrency, I have been avoiding use of all those payment processors except in exceptional cases. Most of these payment processors make it quite difficult for third tier countries to use their services especially when you want to withdraw fund. I have never used perfect money but the reviews is not encouraging.
I thank for cryptocurrency, at least I don't have to pass through unimaginable stress to get my money

You have quitely expressed the minds of most online workers that stay in the third tier countries. The usage of these platforms is not really effective because of the inability to withdraw. And if there is still withdrawal opportunity, the rate at which they are withdrawn are still lower compare to the rate of dollar.

 

[Sammydan]

Perfect money is really a good payment processor, but I don't think it's all platforms that have so far accepted it. If not for the fact that many platforms have yet accept perfect money as one of their payment option, I would have say I prefer it over paypal. I really do not like paypal for their refusal to allow some countries withdraw from them.

 

[Horia_10]

There is no need to trade with local exchange platform's you should always opt for the p2p services of binance in this way you can have the best prices for your coins or fiat dollars and can easily have no loss which you might occur by selling to local exchange companies actually indeed .

 

[Dagov]

Even though perfect money is an overseas company, there is no certainty of your money and you don't understand exactly who is holding it. You should only invest in online services having a validated business location, local presence, and contact options. They also need to be readily accessible in any country they originate from.

 

[Horia_10]

Thats right that's why i have said before as in the post that they work as an offshore company that doesn't provides its true location , it don't has a live support or email chat support only an internal ticket system and high charges if your account has any issues , though the payments are always fast through the payments processor actually .