Perfectmoney- www.perfectmoney.com

[Decub]

I see that the much talked about issue about US and PM running away from them is now a thing of the past cos it seems they are now far within the reach of them. However, I still think it is wise enough for users to trade PM with caution as there could be similar track down any time. The one that baffles me most is the way I get phishing PM mails almost every week.

 

[ryuken]

US members are not acceptable to register and use the accounts. so they pretty much made it clear that there is going to be something to keep away. which makes them secure but yet they are now going to be part of money laundering for sure.

 

[sindarin]

How is my data in the hands of people I don't know. PM has nothing to do with your username and password. Well,if you check my previous post,I never compared PM to Paypal or skrill. I will keep using PM even if it is not regulated. I feel very comfortable using it.

Do you really understand mine? You want to verify your account, right? That means you should send your ID card, Your bill statement or something like that to them, it is risky if yours isn't in the right hand, but that is up to you just saying, in fact they are not regulated but i still use PM too but only as unverified member.

 

[hadg33]

Yes,I want to verify my account because of the low fees. Honestly,for the fact that PM is not regulated means that my funds is not in safe hands. Do you actually think paypal can't crumble one day. If a real bank can close in real life,I don't see any reason why any regulated or unregulated payment processor can't crumble. Well,to be on a safe side or safety pre-cautions,I don't store much in my account.

 

[ryuken]

I don't want to be unfair to them but you have to understand that some of the time you have to consider how the PM makes things better for you as discreet money. You don't end up like LR have went down which is what I consider there for the time being while storing money in PM.

 

[hadg33]

I have told you that I don't keep much funds in my account and what happened to LR will not happen to Perfect Money. I am beginning to love PM more,I just found out that I can have multiple Uxxxxxxx ID's in one PerfectMoney,that's really a great feature by them. I am still waiting for my bank to send me the monthly bank statement so that I can finish with my verification.

 

[ryuken]

I checked today a site where the PM can be traded for the bitcoin. Which is a good system for those who want to invest into the bitcoin. It would make the income much higher if we choose to use the bitcoin for the earned PM. So if no exchanger is found then bitcoin purchase makes sense.

 

[sindarin]

Yes,I want to verify my account because of the low fees. Honestly,for the fact that PM is not regulated means that my funds is not in safe hands. Do you actually think paypal can't crumble one day. If a real bank can close in real life,I don't see any reason why any regulated or unregulated payment processor can't crumble. Well,to be on a safe side or safety pre-cautions,I don't store much in my account.

Who said paypal won't crumble? But if you know what is the regulator function for this kind of payment processor your money will be safe, if PM stop their system, who will backup your money? CFTC? NFA? FCA? lol no one will, you will ended up your money losing, i don't say about funds before i said about your data like ID card or Passport, give your data to some unregulated payment processor like this will increase the risk.

 

[ryuken]

Well considering the way the paypal is more regulated and monitored by the banks and the government. That said, perfectmoney is usable for some people and the amount of people started using it after the loss of LR shows that the payment processor is here to stay. That is what I think.

 

[gkintl]

PM is not like LR. LR does not require you to prove identity or reveal anything about you. We can have multiple accounts and no question is asked when suspicious transactions are done regularly. On the other hand, verification process instills confidence in PM. If necessary they can divulge relevant details to concerned regulatory authorities. This makes it reasonably safe. The most important thing that needs to be looked at while using e-currency account is the verification process. In case an e-currency does not require any kind of verification then sooner or later it may get shut down. PM, as per my experience, is easy to operate with a wide range of functions.

 

[sindarin]

Well considering the way the paypal is more regulated and monitored by the banks and the government. That said, perfectmoney is usable for some people and the amount of people started using it after the loss of LR shows that the payment processor is here to stay. That is what I think.

Perfect Money actually regulated according to them, but i never see they regulated by a credible regulator such as NFA or FCA. If only Perfect Money regulated by one of them, handling my data to them won't be a big issue, my data is important than balance because i am afraid of identity theft.

 

[Decub]

Well, that's always the fear so many people entertain when it comes to handing out their private information to unregulated payment processors or even untrusted organisations. For me and for now, I can afford the high rate for unregulated members and till such a time I might change my mind, I won't hand over my data to them.

 

[sindarin]

RIght now i must sure that at least PM regulated by one of the strict regulator, if they can do that then i willl willingly handed my personal information, also i wondering before with PM why they should change their office when LR raided, but nonethless i see that PM is the one who eat LR's shares mostly, and even right now i still use them even as unverified member

 

[Decub]

Unless otherwise US raises the dust once more, I believe so much that PM has succeeded in running away from them. At least for now, were can hear very less of the regulations and fraud chasing related issue. Though PM is an unregulated payment processor, it remains a first choice in online earning platforms.

 

[sindarin]

Because of the simplicity of Perfect Money above the other payment processor that we can find. And the most important part is that you don't have to verify your account to make a transaction with so many merchant here.

 

[Decub]

Yes, and that's a very good factor as well as their security system about the pin code verification and notification just for logging into your account. More so, now that they have increased the security for verified users such that you get a pin code to your phone when you log in.

 

[sindarin]

Verification is bad thing for me, that is only because of the fees that they given to us, it is not fair for me, as far as i can know that only with the past security this payment processor already considered as safe payment processor regradless of their regulation.

 

[Decub]

I would have considered verifying my account with PM only if they had been a regulated payment processor but their anonymous mode which they have always been and maintained makes me always develop a doubt of giving out such sensitive information.

 

[sindarin]

PM is not like LR. LR does not require you to prove identity or reveal anything about you. We can have multiple accounts and no question is asked when suspicious transactions are done regularly. On the other hand, verification process instills confidence in PM. If necessary they can divulge relevant details to concerned regulatory authorities. This makes it reasonably safe. The most important thing that needs to be looked at while using e-currency account is the verification process. In case an e-currency does not require any kind of verification then sooner or later it may get shut down. PM, as per my experience, is easy to operate with a wide range of functions.

But we can use them without any problem even we are not unverified costumers and also we still can increase our trust rating by make more successful transaction, the only what PM lack right now is Fees and in order to lowering that things, we need to verify our account.

 

[Decub]

You know, PM transaction fee was just fine before the verification issue came up so pronounced. I am very optimistic that it is a deliberate effort to invite people to get verified. If not, I see no reason fees should be taken that high just for being an unverified user.