Perfect Money payment system was launched on the market in 2007. The project purpose was originally distinguished by its aim to big scale: developers tried to create a platform which would absorb all the best from its predecessors. Now we can say that the creators have reached their goal.

Perfect Money does not tire of repeating that they are completely customer-oriented, which is expressed in the possibilities offered by this payment system. First, it is the service of receiving and sending remittances; second, the implementation of mutual settlements between users - it differs from the previous one because this function is most often used in small business and similar areas. Third and, perhaps, the most important thing is the ability to pay for purchases in online stores around the world. The system also provides such service as issuing and receiving loans within Perfect Money system.

In addition, one of the nice features of PerfectMoney is that you can store your money on electronic accounts with interest accrual on a monthly basis. And also Perfect Money provides an opportunity to earn money by participating in an affiliate program.

Not a small advantage of Perfect Money is the interface. Even a beginner will be able to understand the intricacies of the system. A separate advantage is that the platform supports 22 languages, which indicates not only the wide territorial coverage, but also the convenience for users from different regions.

The interface and features are, of course, good, but many users are more concerned about how much their money will flow to the intermediary during the transfer. So here PerfectMoney shows its advantages. When transferring money within the system you give only 0.5% of the funds. In addition, these transfers are instant and you will find points for withdrawing money most likely without any special problems.

As for the security system, here you can also not worry - it is quite advanced and has several levels of protection: IP authentication, SMS authorization and a code card. Moreover, each user is able to regulate security settings.

However, with all the advantages of Perfect Money it has disadvantages too. First, it is the irreversibility of operations[ i], so the errors committed here are fraught with loss of funds. Second, many users of the CIS countries are confused [i]by the lack of a ruble account. And, third is a high fee when you lose and recover the password from your account. Therefore, the PerfectMoney service is a system with the priority of careful handling of it.

Registration in the system is not difficult, you can even choose the procedure of simplified registration, which is also one of the distinguishing features of Perfect Money. Then the status of users is ranked - the first step is Normal, this status is given to all users. Second is Premium and it is given after inputing 50 thousand euros in total and the account exists more than one year. And Partner is a status that is assigned by the administration in some special cases.

You can also choose the procedure of identity verification, which will reduce the percentage of commission for transactions. This is necessary to make all participants confident in financial transactions, as well as in the accuracy and transparency of the information provided to them. The procedure of identity verification consists of three stages: name verification - loading of an identity document scan - a passport or driver's license. Address verification - a photo or scan of a document that can confirm the place of your registration. And the final stage - confirmation of the phone number. The robot program calls you after entering the number and reports the four-digit code which you enter in the specified field.

Now about the funds withdrawal in this payment system. Perfect Money provides many options and ways to withdraw money: this is a bank transfer, e-Voucher, Pecunix payment system (which works with PerfectMoney directly), as well as exchange offices and payment terminals.

So, the advantages of the Perfect Money payment system outweigh its disadvantages, and if you keep your savings mostly in non-cash form, the Perfect Money electronic payment system is one of the best systems for making various transactions.