Payeer Casinos NZ
Payeer is a relative newcomer to the electronic payment industry, having launched in 2012. Payeer, based in Scotland, claims to be the definitive multi-currency e-wallet, which is a bit of a difficult claim to prove considering PayPal and Skrill still dominate the New Zealand market. We’ll explain how Payeer works on this page to help you determine whether or not you should use it for your online casino transactions.
Payeer is an incredibly simple method of payment. As with other e-wallets, you register online and then fund your account. Payeer accounts can be funded with a credit/debit card, a bank transfer, or one of over 150 different online currency exchangers globally.
Payeer’s distinctive feature is that users may pay money to anyone in the United Kingdom regardless of whether they have a Payeer account. All the receiver needs is an email address, and Payeer will enable them to claim their funds by a variety of different options.
Payeer’s e-wallet just added support for cryptocurrencies, enabling users to send and receive funds using Bitcoin, Litecoin, Ethereum, and other blockchain-based currencies. However, at the time of writing, the e-wallet does not allow for the storage of cryptocurrencies, which means that any transfers into or out of your e-wallet will be converted using the cryptocurrency’s very volatile exchange rate.
Should you use Payeer?
Payeer distinguishes itself from the competition with its ability to deliver payments to anyone with an email address. Due to the fact that e-wallets are designed to be separate from your bank accounts, there is no risk of sharing any of your personal banking information with these online casinos.
Additionally, once enrolled with Payeer, you can enable a virtual payment card or request a physical ATM card to use in land-based transactions. When customers use their cards, the company assures a 0% transaction charge and no monthly fee. You will receive your ATM card by airmail if you request one.
Payeer’s downside, on the other hand, is that it is not accepted by all online casinos. As a result, Payeer is a less enticing option for UK gamblers, and as such, we recommend researching some of the many alternative payment options that we’ve listed below.