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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.

 

[Wisdom01]

@Wisdom01. Most people that always have problem with PayPal are those that do not really read through the terms and conditions. They are too quick to click accept probably the terms and conditions may be too technical or much to read.

probably because imagine using VPN to access your PayPal account ,I believe that is already a red flag no doubt , it's the reason people needs to consider somethings before they make move of runing their PayPal account , there are really some rules to follow up nevertheless

 

[btaliat]

Aside from the fact that PayPal always frown at those that use VPN to access the website, PayPal as well has some limitations especially on the individual accounts. That's why some accounts are placed on hold when they violate the rules.

 

[rush08]

I use perfect money payment systems be often for my online business. I have been using perfect money payment systems for a long time because of the low transaction fees I received from them. Most of my USD are stored there...

 

[Kennysplash]

I've always been a fan of having as many payment processors as possible. This will give many people from different countries and locations ability to patronize you and your business. And this will lead to more sales.

 

[btaliat]

To be honest, it doesn't matter the payment platform that we want to use. What really does matter is the fact that we need to make use of any platform that our customers consider safe and easier for them to send money. This will allow us to have more customers.

 

[Ben Kempton]

Perfect Money has poor publicity. For a platform established in 2007, there should be more publicity and spreading of tentacles in other countries. Payoneer was just 2 years behind Perfect Money, and has more publicity.

Well, even I am also quite surprised why Perfect Money is not that much popular. However, if you study Perfect Money, then it becomes pretty clear why this is the case. The Perfect Money company is not able to conduct business in the United States due to its nature of business. This is one of the main reasons why Perfect Money is not considered as popular as PayPal.

 

[btaliat]

Well, even I am also quite surprised why Perfect Money is not that much popular. However, if you study Perfect Money, then it becomes pretty clear why this is the case. The Perfect Money company is not able to conduct business in the United States due to its nature of business. This is one of the main reasons why Perfect Money is not considered as popular as PayPal.

Does it mean that any payment processor that doesn't operate in the United States won't get much fame? There may still be some other apps that are not even allow to operate in the United States and still popular

 

[Skysaint]

When it comes to online business I would say that you have to make use of any and all payment method that you can possibly accommodate for your business as it would let a wider audience be able to patronize your products.

 

[btaliat]

@Skysaint . That's a wise decision. This will make sure that you cater for all your business customers. There are some people that do not patronise some businesses basically because they don't really have the payment processor that suits them.

 

[Skysaint]

@Skysaint . That's a wise decision. This will make sure that you cater for all your business customers. There are some people that do not patronise some businesses basically because they don't really have the payment processor that suits them.

I really don't understand why a website that hopes to make money or attract workers would only make use of just one payment processor like PayPal as though they are not aware it will make the website not to meet it's full potentials.

 

[btaliat]

I really don't understand why a website that hopes to make money or attract workers would only make use of just one payment processor like PayPal as though they are not aware it will make the website not to meet it's full potentials.

You won't blame them more. Some of them always want to have a centralized account. They don't really like it when there are many accounts to the business. Some as well do not know how other payment processors work and they are not ready to do further research.

 

[rush08]

You won't blame them more. Some of them always want to have a centralized account. They don't really like it when there are many accounts to the business. Some as well do not know how other payment processors work and they are not ready to do further research.

The type of payment system to be used by any online business vendor depends on what he wants. I know I have been using perfect money payment systems for most of my online business and I have no issues with them so far...

 

[btaliat]

The type of payment system to be used by any online business vendor depends on what he wants. I know I have been using perfect money payment systems for most of my online business and I have no issues with them so far...

It is rarely we have issues with our customers if they are well taught and versed on how to use any payment method that we may fit deem to adopt. We only need to make sure that we use the payment method that are very common in our locality.

 

[a_jerobon]

Perfect money is a great payment processor. Though I have not used it. I found it difficult to verify my account there because they wanted a utility bill with my name and address there, I live with my parents and so I don't have such. I think this is the setback of this payment processor. Your business needs something that you and your customers can use seamlessly.

 

[btaliat]

Perfect money is a great payment processor. Though I have not used it. I found it difficult to verify my account there because they wanted a utility bill with my name and address there, I live with my parents and so I don't have such. I think this is the setback of this payment processor. Your business needs something that you and your customers can use seamlessly.

I think these days, all payment processors will like to verify you using your utility bills. Sometimes, it is just to verify the address on the app and a means of satisfying the Know Your Customers process. Your name doesn't need to be there.

 

[Emmanuel24]

I want to understand how to convert to my own fiat currency on perfect money before I begin to use for payment method. I could find it worthy since many websites use it as a payment method. It means it is safe and reliable.

 

[rush08]

There are nothing absolutely wrong with having perfect money payment systems as a payment options for you. Personally I have been using perfect money payment systems for a long time and most of my coins are stored there...

 

[btaliat]

I want to understand how to convert to my own fiat currency on perfect money before I begin to use for payment method. I could find it worthy since many websites use it as a payment method. It means it is safe and reliable.

You need to check the status in your country first. Those that are using it may see it as the best option to be used in their countries. For instance, I cannot use PayPal and even Payoneer because their dollar conversion is low in my country.

 

[Emmanuel24]

You need to check the status in your country first. Those that are using it may see it as the best option to be used in their countries. For instance, I cannot use PayPal and even Payoneer because their dollar conversion is low in my country.

Oh I don't know how to check it if the dollar conversion is low but I will ask my elders online to know if I can use perfect money or not. Then I have to outline which payment processor can help me the most in my country.

 

[btaliat]

Oh I don't know how to check it if the dollar conversion is low but I will ask my elders online to know if I can use perfect money or not. Then I have to outline which payment processor can help me the most in my country.

Which platform do you want to withdraw money from? If it is on this forum, I will advice you to withdraw using crypto. With that, you don't need to go through the stress of conversion. You only need to sell on P2P platform on Binance trading platform.