Perfect Money, also PM, is one of the leading e-payment methods that prides itself in offering high-level security and simplicity to players who transact over the internet. Its popularity has soared in the past and more and more merchants are adopting the method. Moreover, PM has also been adopted in several countries such as Russia, Ukraine, Sweden, the UK, UAE, Iran, among many other countries. Users can make purchases of goods or acquire services from online merchants at their comfort provided their electronic account is funded.
Talk of anonymous transactions and zero to no fees applied on the transactions. On an even brighter note, those using restricted currencies can convert them via the payment system with low exchange rates. Read More
To put it out there, Perfect Money is not the most popular e-wallet method. There exist other competitors that have scooped loads of customers. While the number of registered users and annual transactions per year would be better, they are not the worst either. Among the registered users include players who use the payment system to deposit and withdraw on various Perfect Money casinos spread across the countries.
Many reasons are attributed to why it is a popular payment method among them and why they prefer PM over other payment options. This includes the ease, instantaneous, and secure aspects placed on the transactions, getting monthly interests from the funds stored on the e-account, and the ability to send, receive, and store cryptocurrencies such as Bitcoin assets. This is a platform that guarantees safety on any transaction denominated in Bitcoins.
Perfect Money’s inception dates back to 2007 when it was founded in Panama. It has, however, grown and has an office in Switzerland that serves the European countries adopting the payment option. There is little information on its existence over the years in regards to partnerships but as it stands, PM is extending its roots in major jurisdictions. Every day becomes a new day for the payment option to rise further with several transactions being carried out and many merchants such as online casinos using the method.
At the time of its inception, there existed loads of e-wallet competitors that had gained ground and it remains a task for the payment option to rival them. Some of these options included PayPal, Neteller, and Skrill. Today, however, several milestones have been achieved where PM gets one over the aforementioned options. With incentives such as monthly interests offered on the e-accounts and the transacting in Bitcoins, PM is gaining a good following, and rightly so.
Remember, Perfect Money works the same way an e-wallet works. This means it acts as an intermediary between one’s funding source and an online merchant. To use PM, a customer will be required to create an account with the e-wallet option. An account will be created from their main website with several details including name, address, country, email address, phone number, and password required.
After successfully setting up an account, one will then be required to fund the electronic account. PM offers different mediums to this effect. One can fund the account via:
After funding the e-account, payments to online merchants become a straightforward process. On the other side, receiving money from an online merchant to the e-account is also easy. Just like depositing, users will use the same avenues such as bitcoin and bank transfers to withdraw. However, cash terminals will not be available for withdrawals.
E-wallet options are popular in the online gambling world for their instant payments and this is not different with Perfect Money. This remains one of their selling points where players will have their deposits reflecting instantly. Moreover, there is high-level security offered on the transactions which is another major score.
It is important to note the limit caps placed on deposits for each casino since they differ in some cases. However, the majority of the online casinos will take deposits in the range of $10-$30. With the new regulations, some online casinos are now setting up maximum deposits to ensure no money laundering activities take place. Players are advised to check with their online casinos for this. For the payment option, however, the maximum deposit is set at $100,000.
To deposit, one should ensure the e-account is loaded before depositing at an online casino. Some methods will have a small fee placed on them while loading the e-account. Bank wire options might have a small fee of around 0.5% charged. Here is a quick deposit process:
Perfect Money offers two-way payments. This is a great highlight considering many casinos recommend that players use the same method to deposit and withdraw. While the withdrawals may not be as instant as the deposits, they will appear in the e-account within 24 hours depending on the casino.
The withdrawal process is easy and straightforward. However, some commissions are placed on withdrawals. Firstly, some operators may charge their withdrawals and this is something to check on their pages. Secondly, withdrawing via wire transfer from the e-account will have a 2%+ fee plus bank fees charged.
Moreover, withdrawing via Bitcoin will be instant but a 0.50% + $10 fee will be charged. Maximum limits are also placed by casinos in the range of $5,000-$10,000. However, PM goes further with its maximum withdrawal set at an impressive $100,000.
Here is a quick withdrawal process:
Note: If you wish to withdraw any bonus money on your casino, ensure that the wagering requirements are cleared as specified on the T&Cs.
Casino bonuses are some of the aspects many players look out for when selecting a casino. We have provided a list of the casinos offering top, high-value bonuses that our players can enjoy. Many online casinos are excluding bonuses from some of the deposits made via certain options such as Neteller and Skrill. Fortunately, this is not the case with Perfect Money.
Any deposit made via PM is eligible to claim a bonus including the popular welcome bonus. These bonuses can either be no deposit bonuses or deposit bonuses. With no deposit bonuses, only a sign-up at the PM casino will be required. With deposit bonuses, a player will be required to make a Perfect Money deposit for the bonus to be triggered. In most cases, they will be matched up to a percentage in the range of 50%-200%. In addition to that, a player may also be welcomed with free spins to try out the various slot games available.
With the maximum deposit placed highly by PM, this is a payment method suitable for high-rollers and as a consequence, players can expect VIP Programs. These programs will have different tiers/levels set in ascending order. Each level will have special and better benefits than the preceding one. Existing players will also have other bonuses ranging from cashback bonuses, referral bonuses, to reload bonuses that they can enjoy.
But while they may be generous and interesting to claim, they will have terms and conditions that players are advised to go through before claiming them. These terms and conditions will range from:
The PM casinos we have provided on our list offer players a rich portfolio of casino games to select and play. Among the aspects to look out for in a casino include the payment options, casino bonuses, and games selection. These games are suited best for both sets of users-low and high-stake players.
With the online gambling sphere always in competition, these casinos have been powered by some of the top software providers in the industry ensuring that diversity and variety aspects are achieved. Games such as Scratch Cards, Keno, and Instant Games will be available in some of them. However, the majority will have these: