Payeer is an e-wallet payment solution which is accepted on certain online casino sites. Based in Aberdeen, Scotland, the company’s tagline line is “Payeer Ltd. is electronic online wallet.” A bold statement indeed, especially when you’re competing with PayPal, let alone Skrill and Neteller. So what of Payeer as an online casino payment method?
How does it work?
Payeer is a very simple payment method. Like other e-wallets, you simply register an account online and then transfer funds into it. You can pay into your Payeer account via credit/debit card, bank transfer and over 150 other online exchangers in the world.
Once you have some funds in your account you have a myriad of options in front of you. Obviously, you can make payments to people with Payeer accounts and merchants that accept it. However, you can also make payments to anyone with an email address.
According to a study by Radicati, over 2.5 billion people have email accounts in 2017. And the total number of email accounts is almost 5 billion.
Why sign up to Payeer?
This ability to make payments to almost anyone is what sets Payeer apart from its competitors. Also, the financial security of making online casino deposits via e-wallet is attractive to players.
What’s more, once you’ve signed up to Payeer, you are eligible to receive a personal ATM card or virtual prepaid e-card. The company promises a 0% fee for transactions and no monthly fees. If you get an ATM card they will send it by air delivery.
Like other e-wallets your financial details remain private when signing up to a new casino. However, the downside to Payeer is not a great deal of online casinos accept it as a payment method. If you are a UK customer, you will find it especially difficult to find such a casino. If you do find one, then you’re in luck.