What is Payeer and how to use it?

What is Payeer and how to use it?

Lara M.

Lara M.
MainPanel Copywriter
Apr 23, 2024 - 4 min read

What is Payeer and how to use it

1. Introduction

Payeer is a versatile electronic wallet that supports multiple currencies and provides a range of payment solutions for both businesses and individuals. A mobile application is available for iOS (App Store) and Android (Google Play Store) in addition to the website. You can use it with e-wallets such as Perfect Money or Volet (AdvCash).

One of the platform's features is its support for major cryptocurrencies and its capability to function as a cryptocurrency exchange with low fees.

It is available in all major countries, and there is a wide range of options to choose from, including South Korea, the United Kingdom, Russia, Denmark, Poland, Spain, France, Germany, Nigeria, Brazil, and many others.

They offer a referral system with six levels, which allows you to earn up to 25% of the revenue obtained from their fees. If you decide to sign up, use this referral code and you will be able to withdraw your earnings instantly using a variety of payment methods.

2. Payeer: how to open an account

To create a Payeer account, simply navigate to their homepage and click on the "create account" button. After that, you will be prompted to provide your email address, first name, last name, and country.

It is highly recommended to use a strong password to ensure the security of your account.

Once you have completed the registration process, your account will be ready to use for Payeer services.

2.1. The types of accounts in the Payeer payment system

Payeer offers account registration for both Individuals and Businesses. If you wish to integrate your account with your e-commerce website via API to receive payments, after logging in, please navigate to this page and click on the "add merchant" button. From there, you can enter your website URL.

Once you submit your request, our support team will review it within 24 hours and either approve or deny it.

2.5 Unlock the full Payeer potential: verify your account

To fully utilize all the features of Payeer, it is necessary to verify your identity by submitting your ID card. This step is mandatory for unverified accounts to increase withdrawal limits.

The process is quick and easy, taking less than two minutes. Simply follow this link and fill out the form to complete the verification process.

3. What currencies does Payeer support?

Payeer supports multiple currencies including USD, Euro, and Rubles, as well as important cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Ripple (XRP), USDT, TRON (TRX), Bitcoin Cash (BCH), DASH, DOGE, DAI, MATIC, USDC, and many others.

3.4 How to exchange cryptocurrencies on Payeer

Payeer has a unique feature that sets it apart from other e-wallets - it also functions as a cryptocurrency exchange. This means that using the user-friendly dashboard, you can place orders, stop limits, and market orders just as you would on larger exchanges like Binance.

This makes Payeer a versatile and convenient platform for managing both traditional and digital currencies.

4. Is Payeer safe?

The Payeer trademark is owned by "PAYEER Limited". The company is registered with the Ministry of Economy and Finance of Paraguay under registration number 80140848-2 dated 28/12/2023. It has been online since 2012, meaning it has a decade of experience.

You can find their comprehensive documentation on Anti-Money Laundering/Know Your Customer (AML/KYC) policies by following this link: https://payeer.com/en/aml/.

4.5 Can I use Payeer to top-up my SMM-MainPanel balance?

Yes, on SMM-MainPanel you can use your Payeer account to top-up your account balance. You just have to go to the "add funds" page, select the amount you need to deposit, and proceed with the checkout.

Your balance will be automatically added to your account once the payment is confirmed.

5. Conclusions

No matter if you are an individual or a business, Payeer is the perfect e-wallet for you. With low fees and support for multiple currencies and cryptocurrencies, Payeer offers a friendly dashboard and easy exchange options.