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Multi-Currency Account with Payeer

Multi-Currency Account with Payeer


Company Overview and Licenses

Payeer is the trademark and brand name of two legal entities, Fincana Limited and Paycorp Limited, that are authorized to provide financial services in Europe and the rest of the world.

Fincana Limited is duly incorporated in Estonia and is licensed by the Estonian Ministry of Economy and Communications with the right to provide financial services in Europe. It holds Virtual Currency Service License # FVT000136 dated 17.09.2020.

Paycorp Limited is registered in Vanuatu. Under the Finance license # 15068, Payeer provides financial services worldwide.

With these licenses, Payeer operates globally and onboards any clients subject to certain restrictions (e.g. sanctioned countries). It works with high risk clients.

Solutions

Payeer offers:

- Multi-Currency Payeer Account
- Internal transfers
- Platform for buying and selling crypto on a trading platform
- Merchant accounts
- More than 25 international payment methods
- Mass payments

Cons:

- Slow customer support
- High commissions for withdrawals

Electronic Wallet

Payeer is an electronic wallet for sending, exchanging and accepting fiat and cryptocurrency.
It is a multifunctional payment system. Currently it supports payments in USD, EUR and RUB as well as several cryptocurrencies. Individuals can use Payeer for purchasing goods and services in online shops around the world.

Merchant Accounts

Payeer can be used by businesses that need accept and make payments for their business purposes. This service is a convenient payment tool for e-commerce, forex exchanges, service providers, freelancers, etc.

API Integration

Merchants can use Payeer integration tools for payment acceptance, mass payments and currency exchange. It provides instructions and CMS modules for integration. Among its CMS components are Amiro, PpestaShop, Bitrix, CS-Cart, Diafan.CMS, Drupal, HostCMS, IPS, Joomla, Magento, MODX, Moodle, NetCat, OpenCart, soCommerce, PHPShop, ShopOS, Simpla, UMI, VamShop, WHMCS, WordPress, Shop-Script.


Customer Verification

Payeer complies with AML and KYC requirements. As such, it requires all customers to submit identification documents.

For individuals:

- ID or passport
- Driving license
- Proof of address

For companies:

- Corporate documents
- Proof of address

Additional documents are required for high risk clients.

Available e-Currencies

In addition to USD and EUR, Payeer currently allows trading with the following cryptocurrencies: BTC, LTC, ETH, DASH, BCH.

Fees




Open Your Merchant Account and Send Payments with Payeer