Perfect Money is a leading financial service accessible to Nigerians, Russia, Ukraine, UAE, Turkey, Moldova, the UK, China, Azerbaijan, Georgia, Iran, and to some extent, Japan. Perfect money availability in Nigeria makes instant payment and anonymous money transfers through the internet easy.  The online payment system provides a perfect option for transferring and receiving money anywhere there is no access to traditional banking and financial services.

Perfect money was founded in 2007 in Panama. Its headquarters is based in Zurich, Switzerland. However, there is no record anywhere that shows that Perfect Money is a regulated financial service company in any country. USD, EUR, Gold, and Bitcoin are fiat and cryptocurrency supported by Perfect money.

Courtesy: perfectmoney.com

You can freely and easily access Perfect Money account here in Nigeria. This article will show you how to open, fund and withdraw from Perfect Money account in Nigeria. We’ll be discussing this in detail….

Perfect Money has been making e-currency/online money transfer easy, secure and instant since 2007. After the shutdown of Liberty Reserve, Perfect Money just like Skrill has grown to become one of the most popularly used digital currencies online for online betting, forex trading, ecommerce product payment and online gaming. Many companies and forex brokers accept Perfect money, an example is Hotforex. It is one of the best PayPal alternatives. PayPal doesn’t permit residents of Nigeria to receive payment in Nigeria only just to send.

Read: Skrill account in Nigeria: How to Open, Fund & Withdraw from Skrill

Perfect Money offers two online wallet account type – Personal and Business accounts:

Perfect Money Personal Account and uses

Money Transfer – with your Perfect Money Personal account, you can transfer money to Perfect Money users in another country.

Receive money – secondly, as Perfect Money personal account holder, you’re allowed to receive money in Nigeria from other Perfect Money users across the globe, instantly. You can also save money to gain monthly or yearly interest in your account

Online shopping – thirdly, Personal account users are allowed to make online purchases from merchants offering different products and services online.

Forex Trading – Again, Perfect Money personal account users can fund their forex trading account using their Perfect Money online wallet

Trade Cryptocurrency – Personal account users can also buy Bitcoin, Ethereum and so many other cryptocurrencies instant.

Perfect Money Business Account and Uses

This is useful to those merchants who want to use Perfect Money to receive payment for goods and services offered over their online business platform. This is a good option if you have international based customers. It is fast and easy for customers to pay you through Perfect Money.

 Open/Create Perfect Money Account

To open Perfect Money account is relatively easy.  You need the following:

• Account name
• Your full name
• Address (this includes your current address, country, postcode)
• Functional email address
• Phone number(optional)

1. Visit the “sign-up” page on the perfect money website
2. Fill in your personal information as required
3. Select the Account type you want to open
4. Enter the “turing number” shown on the registration page.
5. Check the “Agree to terms of service” box
6. Click on “Register” to create your account.

Immediately you submit your filled form, you will receive message telling you that your registration of your account is completed and Perfect Money has sent you an email with your Member ID.

Use your member ID and your log detail to log into your account following these steps:

• Enter your membership ID
• Password
• turing number and then
• Click the “Authorize” button.

When you click the “authorize”, your account dashboard will be displayed. This is where you can carry out all transaction on the perfect money platform.

Verify your Perfect Money Account

To increase your account transaction limit, you have to verify your account. To verify your Perfect Money account:

1. Login into your dashboard and select verify
2. Upload your scanned copy of your Identification Document (passport or driver’s license).
3. Upload Scanned copy of your utility bill with your name and address printed on it. A utility bill is water, gas or electricity bill sent to your residential address by your local utility company.
4. Confirm your Phone Number (A code will be sent to you through your registered phone number, you are to use the code to confirm your account).
5. Click on “Verify” button

 Deposit fund into Perfect Money Account

Now that you have opened your account, it is time to find out how you can deposit money into your Perfect money account. Perfect money has quite a number of ways to deposit fund into an account.

As a Nigerian, you deposit fund into your Perfect Money account  by logging onto your Perfect Money account, click on “Deposit” button and Select the desired funding option.

The funding options include:

1. Bank wire: Minimum deposit amount is 300 USD (the same equivalent in Euro and gold).
2. Bitcoin: Instantly fund Perfect Money B account with Bitcoin crypto-currency. To use bitcoin to fund your perfect money account, add B wallets to your account.
3. Cash deposit: Make a deposit to your Perfect Money account in cash. Cash deposits are processed by local exchangers conveniently located near you.
4. E-Voucher: Got Perfect Money e-Voucher or Prepaid Card? Credit your account balance in real-time with no fees.
5. Certified Partner: Deposit funds via Certified Exchange Partners. Perfect Money E-currency is available for purchase with Western Union, MoneyGram. Several Exchange Partners provide instant E-currency to E-currency exchange.
6. Loan: Here you can borrow money from other users when needed or profit from lending your money by setting an interest rate.

Here is a comprehensive list of the certified Perfect Money exchangers that you can use to deposit funds into your Perfect Money account.

Warning: Make sure you check on the exchanger’s reviews before using their service.

Withdrawal fund from Perfect Money Account

To withdraw fund from your Perfect Money account in Nigeria:

• Login to your Perfect Money account, click on “Withdraw” button
• Select the desired withdraw option.

The withdrawal options include:

1. Bank Wire: Withdrawal of funds from the account can be conducted by means of wire transfer to the user’s bank account. You can use the “payee list” to make the withdraw process easier.
2. E-Voucher: You can always transfer it to your friends, family or reward someone. E-Vouchers never expire and are safe to use as a mobile money keeper.
3. E-currency: you have the opportunity to withdraw funds from your account in Perfect Money to the account in an electronic payment system having indicated the payment system account details for this transaction.
4. Bitcoin: Sell funds from Perfect Money B account for Bitcoin crypto-currency.
5. Certified Exchange Partners: Withdraw funds via Certified Exchange Partners. Perfect Money E-currency is available for sale with Western Union, MoneyGram.

To withdraw your money in Nigeria via the certified exchange partners, follow these simple steps:

• Register on the exchanger’s site
• Sell your Perfect money to the exchanger

You will receive your money into your Nigerian local account

This is a comprehensive list of the accredited exchangers on the perfect money platform. For Nigerians, you can use those certified exchangers that are based in Nigeria.

You can check out our list of payment methods for receiving money from clients and customers in Nigeria. A good alternative of all is Perfect Money.

Perfect Money exchange rates

Perfect Money provides you with rates for cross exchange. This exchange rate is the same with or close to the world market exchange rate.  And their exchange rate is as follows:

Conclusion

Perfect Money is great for making person-to-person (P2P) and business-to-business (B2B) payments. If you want to safely make an online payment on international platforms like popular international betting sites, eCommerce platforms, Forex platforms, etc. Then opening a perfect money account will help you to do it with ease.