Paymer Checks – your versatile payment method
Paymer is a popular service allowing to make online purchases and offline instant payments. The name "Paymer" means "Payment Order". This service has a great reputation among people who run business in the Internet or who frequently buy in online stores. Both buyers and sellers often prefer to use Paymer since it is an advanced service combining high level of security and simplicity.
How does it work?
Every Paymer check is a digital payment instrument that has its nominal value, a number and a code. The number can include from 8 to 30 characters while a code consists of up to 99 figures. The nominal value of any Paymer check can be equal to both integral and non-integral number.
A check can be used for various financial operations like purchase, sale, exchange, cashing etc. All those operations are available only for the owner of a check who knows check number and code.
Paymer checks could be backed with the funds on one's Webmoney or E-Gold account, with cash, goods or services.
Advantages of Paymer Checks
The main advantage of Paymer Checks service is that it doesn't really matter how many times a check moves from one person to another and further – its value remains unchanged and nobody should pay a commission or a fee. That's really a big advantage for an online payment tool.
Another good thing about Paymer is that one can use the service via SMS and without Internet connection. Despite we are surrounded with the global network today and can hardly spend a day without the Internet there are different life situations when we don't have the access to the web and urgently need to send money.
Paymer is a service that doesn't require any specific knowledge, skills or experience. Being available to all users it provides convenience and guarantees that your private information remains secure and unavailable for third parties.
Merchant Paymer allows to make online payments without registration which is another significant advantage. If you want to save time and just make an online payment – use Paymer!
A Paymer check is not bound to a certain Webmoney wallet. It means that there is no risk that a check sum will be blocked. Finally, if a seller and a buyer don't know each other well and want to get sure that the operation is safe for both sides it's possible to send a check with a protection code. It excludes any possibility of fraud and misunderstanding.
Who can issue a check?
It is enough to have a personal certificate obtained in the Webmoney system for issuing Paymer checks. You merely need to confirm the personal data and prove you are a real person.
Each users of the Paymer service has access to all operations with the checks including:
- Check revision
- Check data editing
- Check negotiation
- Turning two checks into one
- Check "multi"-negotiation (multiple exchanging) – you may exchange a check for any number of checks with the same total amount. For example, you could change one 100 WME check for twenty 5 WME checks.
- Check cashing
- Check delivery
- Issuing Obligation checks
- Issuing E-Currency checks
- Additional options
When sharing a check number and code with someone you practically give your check to this person. So if you get a check from another Paymer user you need to change its code and number in order to confirm the operation. Such editing options are available on Paymer website in the "Exchange" section.
Obligation and E-Currency
Paymer system offers several agent types for checks issuing – Obligation, E-Currency and Credit Card. The Obligation agent keeps the record only of the obligations of an issuer while the E-Currency agent considers both obligations and security arrangements and tools.
Actually, there has been introduced the third agent type – the Credit Card agent who provides control for the checks backed with the funds available at the issuer's credit card.
All operations with Paymer checks are absolutely free – the only commission one has to pay is connected to the creation of a check. When a check is created its issue is supposed to pay the commission equal to up to 1% of the check value.
Commission conditions for Obligation and E-Currency agents are slightly different. For example, an Obligation agent takes from 0.1% to 1% from the total amount of the issued checks for 1 year while E-Currency agents always take 1% but not more than 50 WMZ, 50 WME or 0.2 E-Gold ounce.
If you select the E-Currency agent and issue a 100 WMZ check it means that you will have to pay 101 WMZ in total. But if you are dealing with the Obligation agent the commission will be taken right from the check amount – for example, 1% for a year or 1 WMZ from your 100 WMZ Paymer check.
Actually, there are many peculiarities and nuances of dealing with all three agent types. We suggest you carefully reading proper articles in the Internet or on the official website of Webmoney. It's just impossible to provide such kind of information briefly. But please don't hurry up and pay proper attention to selection of the agent – it's really important.
So how do I use Paymer?
Paymer checks can be used in different situations and for different purposes. For instance, you could start issuing your own Webmoney cards! Why not? Some online exchange services already do it and earn decent money.
Paymer checks also provide full anonymity. If you want to buy something without disclosing any information about you there is no better way to do it than Paymer. You just send the check and get a good or a service you needed – that's it! You don't need to register anywhere, to create an account and to waste time.
One can issue his or her own checks and use them for any purpose. For example, you could create an internal online currency for a website or issue "account replenishment" cards for your web-business.
Paymer is a great service with excellent reputation. It has been used by thousands of buyers and sellers from all around the world. We have no doubts that everybody who earns or spends money online can find lots of benefits from using Paymer checks.