Payeer is a well-known option in terms of electronic payments. It allows its users to make transactions, buy or sell things both locally and internationally. Payeer’s reputation is mostly for international payments, but there are not too many limits involved in it. Simply put, you can use it to transfer money to your friend next door or to receive payment for your freelance work in another country. If you have heard about businesses accepting online payment methods or you are one of them, perhaps you have wondered whether it’s a good option to accept Payeer or not.
Now there are many sophisticated reasons why you should consider accepting Payeer as a business you may not be already aware of and that’s why the following post will tell you all about the reasons you should accept Payeer and bring it to your online marketplace.
As a leading payment method, Payeer is an excellent electronic wallet when it comes to trading. While cryptocurrencies are easily traded, it is worth noting that not all your customers can pay you in cryptocurrencies or might not favore them. By accepting Payeer on your online marketplace, you can bring the convenience and variety your customers have long been waiting for and make sure that you will not lose a single customer.
Payeer is highly user-friendly and easy to use on a wide user interface. Another advantage mentioned for the system is that Fees are extremely easy to understand on Payeer's official website. Plus, there are no fees to open an account or monthly maintenance fees. large corporations that deal with large amounts of money are recommended to use Payeer since Payeer provides individual fees.
So you run a business and want to accept Payeer, here is how you can do it. Businesses who wish to accept Payeer payments can do this two ways. Either by doing it all on their own or getting help from specialized providers to facilitate this process by offering them an online payment gateway. Getting help from a payment processor, however, can be much to your benefit since it eliminates the need for hiring a team of specialists in the field of crypto and digital payments to do the job for you.
An online payment gateway is a decentralized payment platform which allows merchants to accept Payeer payments, and clients to pay using Payeer directly without retaking the process from Payeer’s official website.
Third-party services will even let you transfer the money to your bank account in your preferred currency once you have made the payment. By using a payment processor, you can also reduce your risk of exchange rate fluctuations, money scams, and fraud.
The checklist to get started accepting Payeer on your online shop is to choose the right payment processor, integrate your payment method and finally bring to your customers the most cost-effective payment solutions and methods.
In this case, we recommend you to use PayPax as your online payment processor. PayPax is a leading digital payment provider that lets you accept payments in more than 50 cryptocurrencies and digital money including stablecoins, tokens, and most popular crypto assets like Bitcoin, Ethereum, or Dogecoin.
The service enables everyone to accept Payeer and most major cryptocurrencies conveniently. However, convenience doesn't come without a cost. With this in mind, PayPax offers competitive fees, updated based on mid-market data, plus, there is no hidden, marked up or extra charged fees on PayPax.
We provide API and instant payments as well as free 24/7 customer support to help you seamlessly integrate your payment methods, give your customers cost-effective solutions, and expand your business globally.
Payeer has a high level of trust and credibility among users and has been able to keep a safe and secure place. Payeer holds a firm policy when it comes to the requirements of the platforms, and this might be a result of compliance with such a huge number of countries.
The platform strongly holds back unlawful practices such as money laundering and appreciates the AML (Anti Money Laundering) compliance.
However, if you are planning to accept crypto or any other form of digital money on your website, you need to consider the fact that unlike fiat currencies like the U.S. dollar and the euro, digital money is not backed or insured by any institution or higher regulatory force and that is in fact what makes them more exposed to cyber security scams and phishing attacks.
Nevertheless, getting help from a reliable payment processor can ensure your safety much more than doing it on your own.
We monitor your account 24/7 and will notify you if any suspicious logins or purchases are made from your account, but it is still your responsibility to safeguard your account and wallet information.
In order to accept Payeer as a business, you’ll need to create an official Payeer wallet and receive Payeer payments by giving your wallet address to your customers. However, this process is very much time-consuming and considering the aforementioned security issues with a Payeer account it’s neither to your benefit nor your customers to do that.
A very good alternative for you is to get help from an online payment processor, which is much more convenient, cost-effective and guarantees your safety at the same time too. Using PayPax, you can sell your products and services online using various cryptocurrencies and accept Payeer payments on your website.
Another good reason why you should use PayPax is that you don't necessarily have to create a Payeer wallet but you can simply accept Payeer without buying or owning it. When a customer pays you, PayPax converts it to your desired form of e-money or cryptocurrency, free of hassle. Plus, PayPax eliminates all intermediaries and third-parties and lets you enjoy having international customers from all around the world seamlessly.
Looking for alternative options to accept on your website? Visit: Accept PayPal as a business