Payeer Review
From the offset, Payeer is one of the most popular payment systems for gambling websites. The service was developed in 2012 and with more than 500 thousand active users it also boasts a great reputation and widespread trust.
It’s used by many online casinos globally – which makes it an alternative to PayPal. This e-wallet system performs operations all around the world but as we’re focusing on Canadian transactions only, you’ll be pleased to know that this platform supports CAD currency.
Payeer is an officially registered payment method and complies with all Canadian laws regarding financial data security. It uses the most advanced technology to protect you from fraudulent activity, including SSL encryption on its site and 2-factor authentication during logging in.
One of its major advantages over other services is that it allows players to withdraw their funds independently without needing to involve any third parties or banks.
In addition, when Paying at a Payeer online casino Canada site, your information will not be shared as your bank details are only known by this e-wallet service.
Is payeer safe?
As we’ve previously mentioned, Payeer is a secure payment method and e-wallet. As with any financial service there are some drawbacks to using the platform online. Most notably will be that you incur fees on transactions and funding your wallet.
Fees – Every time you make an exchange or transaction into another currency within Payeer, such as from crypto to fiat currency, it can cost you upwards of 2% in commission.
Unclear origins – As many users face issues when their identity cannot be validated due to lack of documentation
For these reasons alone it’s worth considering other trusted methods like PayPal which come without hidden charges at reliable casinos.
Alternatives To Payeer For Online Casino Payments
If after reading our review about payeer for casino payments isn’t for you then don’t worry! There are plenty more platforms out there designed specifically for gambling site deposits.
How to use Payeer at Canadian Online Casinos?
Although we can’t provide a single universal guide, here is what it looks like:
How to deposit and withdraw
As usual, you need an account with the online casino before doing anything. Once that’s dealt with – go into your profile (usually on top right corner) and click “Deposit/Withdrawal”.
Depositing: Go under ‘deposit’, select Payeer from payment options list – choose how much money you want in there ($10 minimum), then confirm at last step.
Withdrawing: Same thing as above but instead of clicking Deposit > Withdraw.
Safety & Security
Payeers’ security features include SMS Verification protection feature which shields its users against fraud once they have been notified through their mobile phones
Are There Any Fees When Depositing And Withdrawing At A Casino In Canada?
The majority of our recommended casinos don’t ask fees when withdrawing/depositing via cryptocurrencies; Should one charge though it will only be between 1-2% max usually.
Payeer deposit Fees
All Payeer casino deposits are instant and no fee, which means that you won’t have to wait around for the funds to appear in your casino account. Most casinos won’t charge a fee when making a deposit via this e-wallet.
For regular operations fees are as follows:
- Deposit in Payeer with Visa/Mastercard in USD / EUR – 3.99%.
- Deposit with Advcash – 0.00%.
- Deposit with any possible crypto (USDT, BTC, ETH, and so on) – 0.00%.
- Withdrawal with Advcash USD / EUR – 1.99%.
- Withdrawal with PerfectMoney USD / EUR – 1.99%.
- Withdrawal with any cryptocurrency – 0.00%.
For Internal transfers they sometimes charge 0.5%, but it is not related to casino payments.
But what about first withdrawals? Most Payeer online gambling sites will not charge any additional fees. It’s always worth checking with each site – as there may be other third-party charges you need to consider.
Common Payeer issues at Canadian Online Casinos
Issues can arise occasionally for everyone. So, we have compiled a list of common issues that sometimes come up while using Payeer in online casinos.
I don’t want to use my bank account with this payment method – do I need it?
No! This is one of the best features about Paypal e-wallets like Skrill or Neteller and you only really create an account when depositing funds into your new 3rd party wallet.
If there are any fees associated with using this payment option at Canadian Casinos?
This usually depends on if the casino charges anything (or not) as each venue has its own rules. Keep in mind that our recommended sites above certainly all offer fee-free deposits!
Payeer is a safe choice for Canadian players.
Payeer is one of the preferred payment methods by many players in Canada. It has been proven to be safe, and it’s a fast way to get your funds into any online casino.
Plus, since you can use this e-wallet for other things outside casinos like Pay per Head services among others – we advise looking more closely at what they all offer.
