Payeer

Payeer is a digital wallet allowing users to send and receive money with fiat and cryptocurrencies

Home Payment Methods Payeer

If you’re anything like us, you’ve probably spent a fair amount of time curiously looking at cryptocurrencies. On one hand, the prospect of a truly private currency unchained by anything else does sound exciting. At the same time, no government controls result in wildly fluctuating prices at the drop of a hat.

If you want to try cryptocurrencies without fully committing to them, then Payeer is the right choice for you. This multi-currency e-wallet allows users to store both fiat and crypto in one place, making it extra convenient. Will that be enough to win over casino-goers and make it their e-wallet of choice? The OG24 team is on the case, and we won’t rest until we have the answers you’re looking for.

PAyeer can be used for online gambling
Payeer can be used for online gambling

What is Payeer?

Payeer is a digital wallet that stores fiat currency and crypto coins in the same place. It’s an ideal payment method for players interested in starting with cryptocurrencies who aren’t ready to switch over fully. It’s also great for users who like using both coins and regular cash. With Payeer, you can do your online shopping and enjoy a few spins in your favourite crypto casino with just a single login.

Before you can jump in and take advantage of this fantastic e-wallet, you need to complete the sign-up. Fortunately, Payeer makes registration as easy as it can be. On its website, hit the Create Account button, then submit your e-mail. You’ll be asked to verify your address by entering the five-digit code sent to your inbox. Once that’s done, you fill out the rest of the required fields: personal information, account name, password, and secret code. Finally, you must complete KYC verification by sending a photo of a valid document and proof of address.

Payeer is available in over 120 countries worldwide, giving it a rather impressive reach. Whether you live in Germany, the Philippines, or South Africa, this payment method has your back. It also accepts deposits and withdrawals in Euros, US Dollars and Rubles, alongside popular cryptocurrencies like Bitcoin, Ethereum, and USDT. If you don’t have any coins, Payeer offers a currency conversion service that lets you trade and exchange various cryptocurrencies.

Facts

Payeer logo small og24

Payment TypeE-Wallet
HeadquartersTallinn, Estonia
Founded2012

Pros

  • Lightning-fast deposits
  • Simple to use
  • Excellent cryptocurrency support
  • Cryptocurrency exchange

Cons

  • Has a few steep fees
  • Limited availability of fiat currencies

How to Deposit with Payeer

Despite the inclusion of crypto coins, Payeer works identically to any other e-wallet. Using it is so straightforward we can easily sum it up in a couple of steps.

1. Sign into your account. The casino will have an obvious login button on the home page. Enter your e-mail and password, then click the button to sign in.

2. Open the Banking or Cashier page. On most websites, you access the banking page by pressing the deposit button. Other online casinos may require you to open your account page to find it.

3. Select Payeer as a payment method. The cashier page displays all available payment methods. Find Payeer on the list and pick it by tapping on its logo. You then type in your account details and how much you want to deposit.

4. Authorize the deposit. You’ll be prompted to log into your Payeer account to approve the deposit. The funds will be transferred after you sign in.

5. Enjoy the games. You can start placing real money bets with the funds now in your casino balance.

How to Withdraw with Payeer

Cashing out with Payeer is even easier than deposits since you don’t have to log in to approve the transaction. Select the withdrawals page from the banking section and pick Payeer as your payment method. Enter how much you will cash out and your Payeer account details, then hit the Withdraw button. That will start the withdrawal request the casino must process before sending you the funds.

How long these requests take varies between online gambling sites, but it usually shouldn’t take more than a few hours. On top of being fast, Payeer withdrawals are secure, with the service taking multiple precautions to protect its users.

FAQ

Payeer is a digital wallet allowing users to send and receive money with fiat and cryptocurrencies.

The e-wallet is accepted in 120+ countries, including Denmark, Singapore, Chile, etc.

Yes, you can. Payeer withdrawals are secure and fast, making it one of the better payment methods to cash out with.

Transfer Times and Fees

While the e-wallet is free and has no monthly costs, it has a few extra fees you need to watch out for. First are internal EUR, USD, and RUB transfers, with a 0.5% fee. Similarly, you have to pay a 4.99% commission if you credit your Payeer account with less than €10,000 using Visa or MasterCard. If the amount exceeds €10,000, the commission drops to 3.99%.

Payeer deposits appear in your balance immediately. Withdrawal times vary based on how long it takes for an online casino to process a payout request. However, completing the withdrawal shouldn’t take more than a day.

Security

One of the things we like about Payeer is the option to enable two-factor authentication. Users can turn SMS protection on, requiring them to enter a code sent to them via text to approve transactions. However, this service costs €0.05 per message, which can add up if you use Payeer a lot.

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