How does the system choose an account to send money from?
The system selects an account with sufficient funds. If a user has several accounts with sufficient balances, the system will ask the user to make this choice.
What is the Credit Exchange?
The Credit Exchange is a service offered by the Perfect Money system to its users who wish to borrow or lend money at an interest and on mutually beneficial terms. More information on how to get or issue a loan, visit the “Credit Exchange” section at https://perfectmoney.is/credits/about.html.
Changes to Perfect Money commission schedule 10.09.13
To improve the service provided to our customers and further expand the Perfect Money payment system to new markets, starting on 10/09/2013 our commission schedule will be updated. The new commission for internal transfers (transfers within the Perfect Money system) is set to 1.99%. For customers making ransactions from verified accounts, and for premium account holders, the commission remains at 0.5%.
In line with our continuing commitment to transparency within our system, we encourage our customers to verify their Perfect Money accounts. The verification process is as straight forward as possible and should not take more than 72 hours if a customer follows the instructions closely.
KYC (Know Your Customer) is an important, globally-accepted policy that is essential to ensure greater customer satisfaction and quality of service as well as compliance with modern business practices. As of 10/09/2013 our commission schedule will directly reflect the above mentioned policy.