Perfect Money – Main Page

Review of the Perfect Money Payment System: How Does It Work? Can You Trust Perfect Money?

Perfect Money is a popular payment system. It was created in 2007 as a convenient tool for transfers between individuals. Over the years, the system has evolved into an online wallet widely used by people earning money online – in forex, betting, binary options, and other risky methods.

Features of Perfect Money

There are many payment systems in the world today. How did Perfect Money manage to attract users? It has several features:

  • The system is free to use, and external transfer fees are low.
  • You can open accounts in different currencies, like in a bank.
  • It offers various payment methods, including gold.
  • It collaborates with gaming platforms.
  • It allows withdrawing money from projects that do not support regular bank cards.

Thus, the company has managed to capture the niche of gamers and those earning through risky methods.

How to Register with Perfect Money

The registration procedure, like in other payment systems, is very simple and consists of 8 steps:

  1. Go to the official Perfect Money website.
  2. Find the “Registration” section at the top of the page.
  3. Enter your account name; you can come up with any name.
  4. Provide personal information – full name, address, email, phone number.
  5. Choose a personal or business account.
  6. Choose a password.
  7. Accept the terms of service.
  8. Click the “Register” button.

After this, a special identifier necessary for authorization will be sent to your email. Registration is complete.

Perfect Money - Registration

Why Is Perfect Money Verification Needed?

After registration, you can start using the system, but to expand functionality, verification is required. Without it, you cannot transfer money from the system to a bank account. Verified users also benefit from lower fees. To complete verification, follow these three steps:

  1. Send a scanned document with a photo, such as a passport or driver’s license.
  2. Send a utility bill containing your address.
  3. Confirm your phone number by entering a four-digit code received in a call.

How to Deposit or Withdraw Money from Perfect Money

You can deposit or withdraw money in several ways:

  • Via bank transfer (amounts from $300).
  • In cash at local exchangers cooperating with the system.
  • Using e-voucher – a special code that can be bought or sold on various platforms.
  • In online exchangers that support this wallet.
  • Through Bitcoin, which can also be stored and transferred through the system.
  • By exchanging funds with other users.
Perfect Money - Verification

Can You Trust Perfect Money?

Perfect Money’s reputation is worth mentioning, and it is not very good. The wallet is popular in high-risk projects, which are not allowed in all countries, such as binary options or sports betting. So, can you trust this system?

Arguments “For”:

  • The company has been operating since 2007 and has many positive reviews.
  • It offers 4% annual interest on account balances and always pays it out.
  • A multi-level user data protection system ensures security.

Arguments “Against”:

  • It is unknown who owns the system and where it is located, raising suspicions.
  • It is often used in various “grey” schemes for earning money and outright financial pyramids.

From this, we can conclude that while the system is used by dishonest individuals, it is unlikely to be involved itself. Even if criminals use it, honest citizens can also benefit from using Perfect Money.

How to Create a Perfect Money Account – Video

To learn more about Perfect Money and creating an account, watch the video: 

How to Create a Perfect Money Account – YouTube Video.

Conclusions

The Perfect Money payment system has several advantages and is ideal for high-risk projects. However, it is not very suitable for everyday use. It can be trusted, but given its dubious reputation, one should be cautious with projects using this system.

You should also read our article – How to Invest in Stocks: A Comprehensive Guide.

Frequently Asked Questions about Perfect Money

Is Perfect Money Legal?

Perfect Money is registered and licensed. However, the legislation of different countries regarding such payment systems may vary.

Are there limits on transactions in Perfect Money?

There is no upper limit, but there are lower limits, which may vary depending on the transaction.

Can you earn money with Perfect Money?

Yes, you can. The simplest way is to keep money in a Perfect Money wallet and earn interest like in a deposit.

Can you get a loan through Perfect Money?

Yes, the system has a function for users to lend money to each other. However, it is not very popular due to the high rate of loan defaults.

Eddy Coherent – Finance Expert with Extensive Industry Experience
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Eddy Coherent is a finance expert with extensive experience in the industry, known for his deep understanding of financial markets and strategies. He shares his expertise on the WeaveMoney portal, where he translates complex financial concepts into actionable insights. Eddy's contributions are valued for their clarity and precision, helping readers make informed financial decisions.

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