Do you remember the good old days when you were in online casinos with PayPal could pay? Unfortunately, this is no longer possible and will probably remain so. But maybe yes Payment method Perfect Money is a good alternative for you. It has a very similar approach to PayPal.

How common is Perfect Money as a payment method in online casinos?

While PayPal was found in almost all online casinos at the time, Perfect Money is unfortunately not yet offered everywhere. However, there are quite a few providers who have the payment service provider, which was founded in 2007, in their range. For example, you can currently Shangri La use this payment method.

How does a payment with Perfect Money work on the Internet?

Payments with Perfect Money are comparatively uncomplicated. As already mentioned at the beginning, the service is based a little on PayPal. Basically, Perfect Money is nothing more than a modern e-wallet. Before you can make a payment, you must first create a user account that requires you to provide your personal information. You then link your user account to your bank account. So just like PayPal. However, there is one small difference: Before you can make a payment, you have to top up your Perfect Money account first. This works, for example, with Bank Transfer or via Credit card. You can then use the credit to make payments. For example, making a deposit in an online casino. There you select Perfect Money as the payment method before you are connected to your user account. Now log in briefly, confirm the payment and the transferred money is available to you in real time on your player account.

Incidentally, Perfect Money offers you other great advantages. There is an annual credit interest rate of 4%, which you are guaranteed not to find with every e-wallet. You can also create separate accounts for euros, dollars or gold and you can even keep bitcoins in your user account. So if you have multiple bank accounts, using Perfect Money is even more convenient than using PayPal.

And back to the online casino: If you have won money here, you can of course pay it out very conveniently and then have it debited to your bank account if necessary.

Are the payments in the casino safe?

Yes, the payments are completely safe as all transactions are made through an encrypted connection. This way your data (or your money) cannot accidentally fall into the wrong hands.

Are there any fees?

There are no fees for using your user account. Deposits or payments to the online casino are also absolutely free. However, if you wish to have received money deposited into your bank account, Perfect Money will charge you a fee of 2,5% of the amount. And that's not a little!

Pros and cons of paying with Perfect Money at the casino

Pro:

• The money is available in your player account immediately after the transfer
• The online casino does not have access to your sensitive bank details
• Payouts of winnings are also possible
• There are no fees for deposits
• All transactions are particularly secure

cons:

• Fees apply when debiting funds from the bank account
• Initial setup of the user account takes a lot of time
• Currently only available in a few online casinos

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