Perfect Money enables making payments in favor of gambling establishments and withdrawing wins with total confidentiality. The system does not oblige its users to provide their personal data. Perfect Money online casinos can accept payment from all over the world, except the U.S. The system is particularly popular in Russia, the CIS, and in Asia. Apart from receiving payments, clients also get a 4% interest accrued on the balance of their accounts, just like in case of bank deposits.
To become a registered client, users need to fill in a special form on the company’s website, indicating their name, surname, and home address. Those who wish to make payments in Perfect Money online casinos shall select Personal account type.
There are three types of Perfect Money accounts:
- Normal. Gets assigned to all the users and has no service limitations.
- Premium. Can be received only one year after the registration or upon the achievement of a certain amount of transactions. Besides, this status is given to clients who opened their accounts at least 3 months ago and have over $50,000 on it.
- Partner. Such accounts are absolutely of no use for gamblers since they are normally opened by exchangers.
To make transactions more comfortable, Perfect Money offers a special service called Advcash. It enables using your PM account to credit bank cards, phone numbers, and other payment systems, and vice versa. As for crediting accounts in Perfect Money casinos, this can be done through exchangers that allow transferring funds to PM.
Transaction fees depend on whether your account is verified (0.5%) or not (1.99%). Commission fees are charged for making withdrawals and crediting accounts in online casinos that accept Perfect Money.
Each user can delete his or her account at any time. A deleted account can be recovered but this will require paying a commission equal to $100.
Unlike other payment systems, Perfect Money allows users to withdraw funds without reporting them to their country’s tax authorities. All financial operations are regulated by Panama’s laws so that no third parties could track the users’ accounts. The closed nature of the system is also proved by the fact that Perfect Money is often used for laundering money obtained in illegal ways. Due to this peculiar feature, TOP Perfect Money casinos include many popular gambling establishments.