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Online casino players playing across international casino sites need a safe payment method for depositing and withdrawing in multiple currencies, at the lowest rates, and Perfect Money is, indeed, the perfect solution for them. This is a payments system designed to the latest standards that allow players from all across the world to transact online in a secure way, using a multicurrency account, for really affordable fees. It is already becoming accepted across many casino sites, but it is yet to gain momentum across the online gambling industry. Why choose Perfect Money as your online casino payment method?
About Perfect Money
A team of programmers, lawyers, economists and other experts in the financial scene gathered up with the goal to design the perfect online payment tool for people from across the globe to use. These professionals carefully examined all known payment systems available in the world so far, with the aim to create one that would combine all the best progress, tech and achievements, and the final result was really impressive. They created Perfect Money, a solution that completes transactions within sections, in multiple fiat and digital currencies and even gold.
This leading financial service went live back in 2007, launched in Panama but headquartered in Zurich, Switzerland. From the very beginning, it was allowing people from all across the world to make instant, easy and above, all, safe transactions over the internet. In fact, security is at its core. Its security system is based on the team’s knowledge and years-long experience in artificial intellect tech for authentication, operations with financial instruments and online monitoring of protection levels performed by the service. This system was designed via scientific research in the field of cyber and financial security, by a group of specialists, with the aim to create a bulletproof security tool.
Therefore, when using Perfect Money, you can rest assured that your money is safe. It uses an Identity Check tool that identifies the device the user uses to access their account. The user's access is blocked in case they're using an unfamiliar IP address, a different one that they used when they registered to the service. The account holder is then sent a code to be informed of this suspicious access request. If the user is the one that's actually trying to access the account, they can use the SMS Authentication to prove it. After they receive a confirmation code and confirm their identity, they need to use it, as well as the CodeCard Protection, which is sent to their email to confirm transactions, so they can actually complete the transaction. The solution transparently explains all of the features and security measures offered by the system on its official website, if you’re interested in knowing more about them.
Being such a safe solution to use and such an available one, being there for users from all across the globe, Perfect Money has slowly entered the online gambling industry. Online casino players have recognized its strengths and qualities and are choosing it over any other global solution offered. If it intrigues you and you want to know how it works, stay with us to discover all about it.
Getting Started
Now that you know how seriously this solution takes security, you would need to know how to get started with it. You would first need to create an account with it, or several ones, using the same IP address, to verify your identity. You would need to go to its official website and locate the Sign-Up button.
After you press the button, a new window will appear, with a form you need to complete entering your name, address city, postal code, country, phone or fax number and email address. Select whether you’d like to create a personal or a business account and create your password, which must contain both numbers and letters, for further protection. Confirm the password and the turning numbers that are presented on the photo in front of you. The last registration step would be accepting the Terms of Use and User Agreement.
Next, you’d need to put money on your account, either by using eCurrency, instant bank transfer, Bitcoin, bank wire or certified exchange partners like Western Union or MoneyGram. You can also use the Perfect Money eVoucher. This voucher is easy to apply for and incredibly useful across online casinos. Depositing with it would be a piece of cake since the casino won't necessarily need to have an account with Perfect Money to accept the transaction. After the casino receives the activation code and voucher number by SMS, the transaction will be completed.
To apply for the voucher, enter your PM account and select the desired value of the voucher and the account you'll debit money from. Pay the small fee and you'll get the activation code, card number and date of creation.
To withdraw money from your PM account, you can use this eVoucher, but also the certified exchange partners, Bitcoin, eCurrency and bank wire. Here, VISA prepaid cards and MasterCard gift cards would also be your options.
How to Deposit at Online Casinos
As mentioned previously, Perfect Money has not yet gained its momentum across the online gambling industry, but it’s getting there. A decent number of casinos are already accepting it, but the word of its brilliance is getting spread, so expect new sites to start offering it soon. For now, look for the eligible options and find the casino you’d like to join. After creating an account with the casino, you’ll be able to start using the solution for instant deposits right away.
To make your first deposit with the solution, do the following:
- Visit the casino’s Deposits/Cashier/Payments page.
- Find Perfect Money’s logo and select it.
- In the pop-up, enter your credentials to get access to your account(s).
- Enter the amount of money you’d like to deposit.
- The mandatory authentication procedure, as described previously, will take place.
- After you confirm the transaction, the money will arrive in an instant.
Since you can create several Perfect Money when you get started with the solution, there are a few things you need to know here. If you only have one account, the system will automatically deduct the specified deposit amount you requested from it. If you have multiple accounts with sufficient funds to complete the transaction, the system will ask you which one to use to deduct the money. But, if you have multiple accounts and enough funds on only one of them, the system will automatically deduct funds from it, without asking for your permission.
We must add here that you can use the PM eVoucher to make a deposit. Just enter the card number and all the required card details and confirm your request. The casino will receive confirmation details via an SMS and your deposit will be successful, even if the casino has not registered with the service itself.
How to Withdraw Winnings
To make a withdrawal with Perfect Money, you would need to use your account(s), since you cannot use the eVoucher, due to its nature.
Just go through a procedure quite similar to the one described for deposits, only this time, after you specify how much you’d like to cash out, you’d need to wait for the casino to review your request and eventually approve it. This may take some time, but as soon as it gets the casino’s approval, the solution will put the transaction in motion.
Fees and Limits
We mentioned that Perfect Money charges reasonable fees, and it is one of the most cost-efficient global payment systems out there. You’d need to pay $0 for annual services, only $0.1 for SMS notifications and $100 for account restoration.
Then, to top up your account(s) with money, you'd need to pay no fees if using Bitcoin. If using other methods, the fees start at 0.5%. To cash out money from your PM account(s), with Bitcoin, the withdrawal will be instant but subject to a 0.5% fee plus $10. With a wire transfer, a 2.85% fee would apply, for instance. For unverified accounts, internal transfers would be subject to a 1.99% fee, for verified 0.5%. An interest rate of 4% per year would also apply, of a max of $500 per month.
Supported Currencies
PM accounts are truly remarkable. They each have four different currency sub-accounts, divided into a US dollar, a euro, a Bitcoin account (property rights by Startup Research & Investments LLC for data publication on Bitcoin.org) and a gold account (expressed in troy ounces, the equivalent of the precious metal is presented in PM units).
Each account within the system will have these default currency options. However, if you wish to, for a currency conversion fee, you can use any other worldwide-used currency of your preference.
Allowed and Restricted Countries
There is no restricted countries list that you should be aware of, making Perfect Money a really global solution, available to anyone, from anywhere across the globe.
You will need to select your country of residence upon registration, and when trying to find it, you’ll see that virtually all countries on this planet are listed. Therefore, you can rest assured that you’ll be able to use the services it offers, regardless of your country of residence.
FAQs
What types of accounts can I actually create with the solution?
We are mentioning multiple accounts all the time, as you could see. We mentioned that there can be verified and unverified accounts, depending on the level of information about yourself that you provide the service. They arrive with their own advantages and disadvantages, of course, and verified accounts offer more perks. Then, we said that you can create either a personal or a business account. But you should know that you can also have an account at a Premium level.
Are its website and services accessible in different languages?
As a matter of fact, yes. You can always explore its offering in English, but also Portuguese, Spanish, Italian, Russian, German, Spanish and Turkish, among many other languages.
Can you check your past transactions?
Of course. You’d need to access your account and head over to the History section where you can filter the actions, time period and other parameters. Furthermore, you can import the data and save the history on your device.
Can I reverse a transaction?
Unfortunately, no. Once it has been confirmed and sent, the transaction is a definitive one, and there's no way to reverse it. The transaction is a final, irreversible one, so double or triple-check the details before you confirm it.
Is it possible to cash out money from the PM account directly to my bank account?
Sure. You would need to choose a wire transfer as your withdrawal option, and wait three to five working days for the money to arrive in your bank account.