Peerwallet - Choose from a variety of payment methods to suit your needs Send and receive payments anywhere in the world

Thursday 1st of December 2022

Peerwallet - Choose from a variety of payment methods to suit your needs Send and receive payments anywhere in the world

No one payment platform in the world can send and receive funds in all 195 countries in the world. This is due to the various financial regulations that govern different regions, financial institutions, and countries. This does not spoil the fact that money must be sent and received both locally and internationally. There is usually an issue with sending money and receiving money internationally. But how do we solve these problems? How can I send money to my friends and families abroad? How can I engage in international businesses and get paid (or pay for services) in international currencies without the fear of regulations? The answer is peerwallet. In this post, we would look at peerwallet and how it helps facilitate international transfers anywhere in the world.

What is peerwallet

Peerwallet is a semi-decentralized, merchant-based system that offers funding, withdrawal, and other services on a peer-2-peer level. This means that only verified and approved merchants can offer these services, ensuring that your finances are in good hands. 

Peerwallet is perfect for businesses or consumers who frequently engage in online transactions. 

Over 300 different payment options on peerwallet

If you want to accept multiple payment methods, it's important to choose one that's right for your business. It's easy to see why: the more options you have, the less likely customers, family, and friends will be frustrated by slow processing times or other issues. Even if they don't use all of them regularly—and many people prefer using one method over another—the confidence boost from being able to pay with their preferred method is usually worth it for businesses in certain industries (e-commerce and travel are two examples) and of course, for any person at all.

Different payment options have different advantages and disadvantages, so it's important to understand which ones are right for your business and personal use as well. Here's a quick breakdown of the most common options:

Credit cards and debit cards

The vast majority of people use credit and debit cards for their everyday purchases, so it makes sense that businesses would want to accept them as well. With peerwallet, you can send and receive money from anyone from anywhere in the world using your credit cards and debit cards. It's easy and simple, once you have registered an account on peerwallet, you can find a reliable merchant on the marketplace that accepts credit and debit cards. Ensure that the terms of the merchant are exactly what you are looking for. Then proceed with the transactions for either sending or receiving funds (we'd take a closer look at both later on in this article).

Cryptocurrency

 Cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Bitcoin, Peercoin, Ethereum, Dogecoin, and Litecoin are some of the more popular types of cryptocurrency. With Peerwallet, you can send and receive payments in crypto without having to go through a bank or other financial institution. You can also save on transaction fees when using Peerwallet. The gateway charges some of the lowest fees in the market, making it an attractive option for businesses and consumers.

Remittance

Remittance is a term used to describe the act of sending money from one person to another, usually between family members or friends. Peerwallet offers a great solution for those who want to send money internationally. With Peerwallet, you can easily find a merchant in the marketplace that accepts the currency you want to use for your transaction. Once you have found a merchant, simply follow the instructions on how to send or receive payments. Peerwallet makes it easy for you to send money anywhere in the world.

Internet banking

you have the option of carrying out internet banking using peerwallet. This is also an integral part of our payment methods as you can buy and sell online and pay for all of those services online without having to physically go to your bank to make payments. Peerwallet can be used for any online payment in any part of the world and from any part of the world. 

Other payment gateways

Peerwallet also has as part of her integral method of payment acceptance of payments from other payment gateways. For example, PayPal, flutterwave, etc can all be used integrally with peerwallet to ensure you have a smooth financial transaction. A Payment Gateway integrated with your site allows you to accept payments through the same form on your website. This way the user only has one place where they can enter their information and choose what method they wish to pay with.

Benefits of Peerwallet

There are many benefits of Peerwallet, but we would look at a few key ones:

- Peerwallet is a great way to promote your business to a wider audience. The gateway makes it easy for businesses to make payments in various digital currencies, and there are many benefits to doing so. Additionally, using the gateway can help you save on transaction fees (Peerwallet has the lowest fees ever), and it's a great way to promote your business to a wider audience.

- Peerwallet uses a peer-2-peer system. This means that only verified and approved merchants can offer services, ensuring that your finances are in good hands. Peerwallet is perfect for businesses or consumers who frequently engage in online transactions.

- Peerwallet offers over 300 different payment options. This makes it easy for businesses to find a payment option that is right for them, and customers can be confident that they will be able to pay with their preferred method.

How to use Peerwallet

Now that we've looked at some of the key benefits of Peerwallet, let's take a closer look at how to use the gateway.

If you want to send or receive payments, you first need to register an account on Peerwallet. You can do this by going to the registration page and entering your email address, full name, country of residence, date of birth, and other information required. Once you have registered an account, you will need to verify your identity. This can be done by providing a government-issued ID and a selfie. Once your identity has been verified, you will be able to use Peerwallet.

If you want to send money to someone who has a peerwallet account, you will need to create a new transaction. To do this, go to the "Send" page and enter the recipient's email address, the amount of money you want to send, and the currency of the receiver. You can also add a message for the recipient if you wish in the description box. Once you have reviewed the transaction, click "Confirm" to send the payment. You would be sent a message for verification (if you have 2-FA enabled, you'd need to input the code sent to you). Once you have confirmed the transaction, you are all set.

If you want to receive money from someone with a peerwallet account, you will need to provide the sender with your Peerwallet email address. Once they have entered this information, you will receive an email notification about the payment. You can then go to the "History" page to view the details of the transaction and enjoy your funds.

Conclusion

Peerwallet is a great way to send and receive payments without having to go through a bank or other financial institution. The gateway offers many benefits, including low fees, a wide range of payment options, and a peer-2-peer system that ensures that your finances are in good hands. Register for an account today to start using Peerwallet.