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The software component is also responsible for encrypting all the monetary transactions that happen via Payeer. Remember, this payment provider is essentially an e-wallet. It might differ with respect to the currencies it supports. However, its core functionality remains the same as that of any digital wallet.
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Any citizen or tax resident of a country where Payeer legally operates as a banking solution can sign up and use the platform provided, they are 14 years or above. Please note that Payeer requires all users to furnish information about their nationality, domicile and tax residency as well as valid documents to support the same. Always check the details of a recipient twice or if needed, thrice before sending funds. Change your password frequently to keep your account safe from unsolicited access. To test the efficiency of their email support, we sent them a message asking some basic questions.
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