Perfect Money is a financial service which allows secure online money transactions between its members. It opens up opportunities for business to business transactions and will allow users to make regular payments, safely store money and receive interest on it and pay for items from online stores. It is possible to use it to buy US dollars, Euros and gold.
Perfect Money analysts came up with this way of storing and transferring money after seeing that there was a gap in the market. They felt that e-money was the future and so devised this system.
Obviously, financial dealing online need to be very secure. Many people get very concerned about making financial transactions online and this is why Perfect Money has a tight security system.
The system is also very speedy. Often bank transactions can take long time and this can be very frustrating. It can slow down business, reduce cash flow and just be annoying. Perfect Money is much quicker, which is a great advantage to its customers.
Sometimes banking system can seem to favour certain types of people. Perfect Money was designed so that whether you are an individual or business, are dealing large amounts of money or small, the system will still work for you.
To provide their customers with the best customer service, they have a helpline that it open all of the time. This means that if there are any questions that need answering, there Is always someone there to help at the end of the phone. Dealing online, can be convenient and quick, but sometimes it is necessary to speak to someone and to know that there is always someone there can be very reassuring.
The Perfect System allows people to convert their funds in to electronic currencies very quickly and easily at good rates. It will therefore allow people to make transactions very quickly at a minimal cost. Their universal tool means that people can easily transact across the world, without the hassle of having to deal with different currencies.
Customers are split in to three groups. The normal customer is a newly registered one who can use the system at the basic level. A premium customer will have to have been active for over a year and have turned over a minimum balance. They will have to apply for this status and if they are accepted, they will get lower commission fees. A partner will be able to get better business to business rates but have to be personally approved by Perfect Money. They are personal and business groups within each of these sections.
In order to fund or withdraw from your Perfect Money account you will need to use one of a series of tools. You can use a wire transfer, use electronic currency or use one of their exchange partners to deal with the transaction for you. With all of these options available, it is easy to transfer money in and out of your Perfect Money account. Money held in a Personal Money account will attract interest.
Perfect Money offer their customers prepaid cards, This means that it is possible for their customers to spend their account balance using a card in shops and online. This can save money because eit is cheaper than using bank transfers to get money and can avoid some of the fees that credit cards attract as well.
Security is very important to Perfect Money. As a result of this they have a group of specialists working on their security. They have therefore put a selection of systems in check to protect them and their customers. They use an identity check, SMS authentication and codecard protection which involves the customer being emailed a code that they use for transactions. The customer can decide which security features they wish to set up on their account. If they have a lot, then it will be time consuming for them to be able to login, but they will get the maximum level of protection. If they want quicker access then they may be prepared to take a risk and have a lower level of security.
So Perfect Money will allow you to be able to transfer money to and from your account to other Perfect Money account holders. You will be able to receive payments from businesses that use the system. You can set up regular payments from your account. Your funds will be held securely online and accumulate interest. You will be able to make online payments for goods and services using the account.
When you log in to your account you will be able to look at your balance and see details of past transactions that have taken place. You can also add additional accounts should you wish to. Any payments made are immediate and therefore cannot be reversed. This may not sound good, but it is actually a great advantage. If you have customers that have reversed payments in the past, then you will know how frustrating it can be. You may have sent out goods to have had the payment returned and lost out. By knowing that this cannot happen, it can give you peace of mind. It is possible to send payments to mobile phones or email addresses. If the receiver has no Perfect Money account, they will receive instructions on how to open one, so that they can receive their payment.
You may wish to use the currency exchange features to make the most of your account balance. This will allow you to take advantage of the change in exchange rates. Rates are unpredictable, but you may want to try converting currency to protect yourself if you feel that your money will lose value if it is held in a particular currency or gain value in another.
So Perfect Money will allow you to make quick and secure transfers with other Perfect Money account holders It can also be used as an investment tool, where you can buy and sell currency to try to make financial gains.