Upon completion of the registration process described above you can log into your Member Area of the Perfect Money system.
The main section of the Member Area is "My Account". It contains all the information about your account and is visually divided into 3 sections which include the following:
- A greeting message;
- Information about the last login, including the IP address used for the most recent entry;
- Your account type, as well as a link to more detailed information about account types.
- Trust Score rating
- Credit status
Current security settings
In this section you can review all the enabled and disabled security settings of your account. You can change security settings at any time by logging in and clicking on "Edit Settings".
You can find more detailed description of the security tools offered by the Perfect Money system to its clients in the designated section.
In this section you can see the last ten (10) operations initiated from your account including: login and logout from the system, exchange, internal transfers, deposits, withdrawals, changes in security settings, and other actions completed within your account.
More information is available in the "History" section.
Perfect Money Account types
By default the system creates three accounts for each user:
- USD (PM units, the equivalent of the United States dollar)
- EUR (PM units, the equivalent of the Euro)
- GOLD (PM units, the equivalent of the precious metal, expressed in troy ounces)
User can also create a Bitcoin account
- Bitcoin (property rights for the publication of entries in the global public database of bitcoin.org network on behalf of Perfect Money are reserved by Startup Research & Investments LLC)
During withdrawal or deposit operations all the funds in the accounts listed above are equal to the current rate of US dollar, euro, troy ounce and BTC.
If you want to check the transaction history of each of your accounts, you need to click on the appropriate account number, represented as an active link.
The system allows users to register 3 USD Accounts, 3 Euro accounts, 3 BTC accounts and 2 Troy (oz) accounts.
If you choose to go through the optional verification process, you will gain access to more features available in your account.
In this section you can view the status of your account, verify your account and add your website addresses and phone numbers which will be open to the public. Adding websites and telephone numbers will become available only after your account is verified.
To activate your status as “Verified”, you have to go through a three-step verification process.
To verify your account you need to upload a scanned copy of your ID (passport or driving license), a scanned copy of the utility bill containing your name and address, and to confirm the mobile phone number entered in your user profile. If the language of the documents is not English, you should provide a notarized translation of those documents. To verify your telephone number, please accept a phone call and enter a code read to you by a robot.
The applications are processed within 72 hours.
After you successfully complete all the steps of the verification process, your account status will appear as “verified”.
It is very important to pass all three steps of the verification process. Each step becomes available only after the successful verification of the previous one.
Any change in name, address or phone number in your account after the process is complete will automatically cancel verification and change the account status to “not verified”.
Trust score and medals
Every user of the Perfect Money system receives his/her unique Trust Score, an activity index formed by a variety of components including:
a. Productivity – the number of accounts involved in the transactions;
b. Volume – the amount of funds transferred;
c. Lifetime– the age of the account (starting from the first transaction);
d. Reviews – any complaints and positive feedback on the account;
e. Amount - the monthly minimum account balance.
The actual formula of the Trust Score is a trade secret of Perfect Money and is not subject to disclosure. A Trust Score may decrease or increase depending on the user's activity. It affects the level of confidence in the account’s owner while in the Credit Exchange.
For users with high Trust Scores, a special rating system is applied which is expressed in medals. The medals are the hallmark of the account showing the rating and the status of the user. There are 3 types of medals - bronze, silver, and gold, corresponding to 3 different levels. The key factor in the medal award procedure is the lifetime of the account.