Perfect Money

Perfect Money is a digital wallet platform that offers electronic wallet services, allowing users to make online payments using virtual cards. It has gained popularity among online casino enthusiasts in several Arab countries for providing a reliable and user-friendly method for managing financial transactions, whether for depositing funds or withdrawing winnings. In this guide, you’ll find detailed information on:

  • Online casinos that allow direct withdrawals through Perfect Money,
  • The costs and fees associated with Perfect Money,
  • How to create a new account and get Perfect Money cards,
  • How casino players in Arab countries can benefit from Perfect Money,
  • The advantages and disadvantages of using the Perfect Money e-wallet.

Choose Your Country

List of Casinos Supporting Direct Withdrawals via Perfect Money

Rank Casinos Evaluation Bonus Secure Link
1
0/5

Bonus

100% deposit match bonus up to $300

2
0/5

Bonus

Welcome Offer of 3000$ Split Across the First 3 Deposits

3
0/5

Bonus

Welcome Offer of £1000 Split Across the First 3 Deposits

4
0/5

Bonus

100% deposit match bonus up to $200

5
0/5

Bonus

Welcome Bonus: 100% up to €500 + 200 FS + 1 Bonus Crab

6
0/5

Bonus

A 100% deposit match bonus up to €1,000 or 100 micro-Bitcoins + 300 free spins.

7
0/5

Bonus

A 4-tier welcome package up to $7,777 with 300 free spins.

8
0/5

Bonus

Welcome Bonus 1: 100% up to €500 + 200 Free Spins + Bonus Crab

9
0/5

Bonus

100% first deposit match up to €200 + 100 free spins.

10
0/5

Bonus

First Deposit Match: 180% up to 20,000 USDT

 

What is Perfect Money?

Perfect Money is an e-wallet service designed to facilitate instant payments and secure money transfers online. Since its launch in 2007, it has aimed to simplify personal and business transactions globally. The platform supports various currencies, including US dollars, euros, Bitcoin, and gold. Perfect Money offers two types of accounts: personal accounts for individuals and business accounts for companies.

Managed by Perfect Money Finance Corporation, based in Panama, The platform is recognized for its low transaction fees, advanced security features, and intuitive interface, making transactions quick and easy. Additionally, Perfect Money is available in all Arab and Middle Eastern countries, including Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain, Egypt, Jordan, Lebanon, Iraq, Syria, Yemen, Somalia, and Iran.

Perfect Money Fees

 

Category Type/Method Fee
Deposit Fees Bank Transfer 0.5% of the deposited amount
Bitcoin No fees
Certified Exchange Partners Varies by partner terms
Withdrawal Fees Bank Transfer From 0% + bank fees
Bank Transfer 2.85% or more, depending on service provider
Bitcoin Instant: 0.5% + $10
Bitcoin 0.5% of the withdrawn amount
Certified Exchange Partners Varies by partner terms
E-Voucher No Fees
Transfer Fees Premium/Verified Account 0.5% of the transferred amount
Unverified Account 1.99% of the transferred amount
Currency Conversion USD/EUR, EUR/USD At market rate
Interest on Balance 4% annually (max $500/month)
Other Fees SMS Notification $0.1 per message
Annual Service Fee $0
Account Recovery $100
Deposit/Withdrawal Limits Minimum Deposit $300 (varies by method)
Minimum Withdrawal $100 (varies by method and partner)

More Details on Perfect Money services

➡️Processing Times for Deposits and Withdrawals

deposits

  • Bank Transfers typically take between 3 to 5 business days to complete, with the funds being added to your account once the bank confirms the transfer.
  • Bitcoin and Other Crypto deposits are usually instant, making it a fast and convenient option for those who prefer cryptocurrencies.
  • If you are using Certified Exchange Partners, the processing time can vary, but it’s generally completed within 24 hours.

✅ withdrawals:

  • Bank Transfers can take 1 to 3 business days to process, though this might take longer depending on your bank’s procedures.
  • Bitcoin and Other Cryptocurrencies withdrawals are typically processed within 1 to 3 business days.
  • Withdrawals through Certified Exchange Partners are often completed within 24 hours, though the exact time may depend on the partner’s policies.

➡️Supported Currencies

Perfect Money supports a wide range of both fiat and digital currencies, as well as gold, providing flexibility for users managing different types of assets. Some of the supported currencies include:

  • US Dollar (USD)
  • Euro (EUR)
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Dash (DASH)
  • Tether (USDT), supported across multiple networks such as ERC20, TRC20, and BEP20.

Users of Perfect Money can hold multiple types of accounts, including wallets for USD, EUR, and digital currencies, offering flexibility for managing various assets within one platform. Perfect Money also allows users to receive, store, and send digital currencies directly from the platform. Additionally, Perfect Money provides users with the option to convert fiat currencies (such as USD or EUR) into supported digital currencies. It also allows conversions between different cryptocurrencies within the Perfect Money account. Perfect Money works with certified exchange partners to facilitate cryptocurrency conversions, ensuring that users can convert their digital assets at competitive market rates.

➡️Interest Earned on Perfect Money Accounts

Perfect Money offers a unique feature that allows accountholders to earn an annual interest rate of 4% on the funds stored in their accounts, with payments made on a monthly basis. Interest is calculated based on the lowest balance maintained in the account during the month, with a maximum monthly interest of $500.

Eligibility Criteria for Earning Interest:

  • To qualify for interest, your account must maintain a minimum balance of $1,000. If the balance falls below this, no interest is accrued for that period. If the balance falls below this threshold, no interest will be earned for that period.
  • Interest is calculated annually at 4% based on the lowest daily balance during the month.
  • The maximum interest that can be added to the account each month is capped at $500.

The account balance is evaluated daily to determine the lowest balance during the month. This daily minimum is then used to calculate the monthly interest. For example, if your Perfect Money account maintains a daily low balance of $15,000 throughout the month, the interest would be calculated as follows:

Annual Interest Calculation = 4% × $15,000 = $600 per year

Monthly Interest Calculation = $600 ÷ 12 = $50 per month in interest.

➡️Perfect Money Referral Program

Perfect Money offers a referral program where you can earn commissions based on the activities of people you refer. You specifically earn 1% annual interest on the lowest monthly balance of their accounts. This interest is calculated and paid on a monthly basis.

When someone creates an account using your referral link, you receive a commission equal to 1% of the lowest balance they maintain in their Perfect Money account each month. This commission is paid to you every month. For example, if you refer a friend who keeps a minimum balance of $1,000 in their Perfect Money account throughout the month, you will earn 1% interest annually on that balance. The monthly interest calculation would be as follows:
Monthly Interest Calculation = (1% ÷ 12) × $1,000 ≈$0.83 per month

To start earning through the referral program, create a Perfect Money account. After logging in, your unique referral link will be available. Copy the link and share it to invite others to sign up.

➡️Types of Accounts on Perfect Money

Perfect Money offers two primary types of accounts: Personal and Business accounts. Personal Accounts are designed for individual users. Business Accounts are ideal for entities and companies. In addition to these two main types, Perfect Money also provides other specialized account categories, such as Premium Accounts and Partner Accounts. Premium Accounts is special with reduced bank transfer fees, which can be as low as 2%, and offer a higher annual interest rate of up to 8%. Unlike PayPal and other payment systems, Perfect Money allows users to create up to six additional sub-accounts. These sub-accounts can be used for separate purposes, such as personal spending, business expenses, or other individual financial needs, without incurring extra fees. For example, a user might maintain one sub-account for personal use and another for business expenses. These sub-accounts also enable users to create their own e-vouchers for additional flexibility.

 

➡️Security Features of Perfect Money

Perfect Money offers excellent security features to keep your account and transactions safe.These include two-factor authentication (2FA), IP-based identity verification, and SMS authentication for login or transaction confirmation. Additionally, the platform uses CodeCard, which provides users with a set of unique codes required for accessing their account or authorizing transactions. These measures ensure that users’ data and funds remain secure during all online activities.

 

➡️Mobile App Availability

Perfect Money offers a mobile app available for both iOS and Android devices. The app allows users to manage their accounts, perform transactions, check balances, and access additional features with ease while on the go. It is user-friendly and secure, supporting the same security features as the main platform, such as two-factor authentication (2FA) and SMS verification.

➡️Customer Support Options

Perfect Money provides several customer support options, with Arabic language support available. Users can access live chat services through the official website for immediate assistance. Additionally, they can contact customer support via email by filling out a form on the support page. There is also a comprehensive FAQ section and help center on the website, offering answers to many common questions and issues.

Perfect Money Pros and Cons

Advantages of Using Perfect Money Disadvantages of Using Perfect Money
Perfect Money offers instant deposits and withdrawals, ideal for online casino players in various Arab countries. Despite global acceptance among casinos, Perfect Money is not supported by all commercial websites.
Supports bank transfers, digital currencies, credit/debit cards, and electronic vouchers, with support for fiat currencies, cryptocurrencies, and gold. Requires a $100 minimum balance and $300 minimum for bank deposits, which may not suit all users.
Accepted by many online casinos, especially in the Arab world. Upgrading to a Premium account for lower fees requires either high trading volume or a long account history.
Known for low transaction fees, making it affordable for users. Does not offer its own debit card; users need to rely on third-party providers for prepaid cards.
Provides 4% annual interest on account balances, along with a referral program to incentivize users to keep funds in their accounts. Some exchange providers impose their own fees, adding to transaction costs.
Available in several Arab countries, allowing users to make global transactions without restrictions.

How to Create a Perfect Money Account – Step-by-Step Guide

Creating an account on Perfect Money is a straightforward process involving a few key steps. Simply visit the Perfect Money website and click on the “Signup” button. Select the type of account you wish to create: Personal for individuals or Business for companies and legal entities. Provide your personal details, such as your name, address, email address, and phone number, set a password, and choose a security question. After confirming your email address, complete any additional security steps, and finalize your profile setup, which includes:

  • Uploading a scanned copy of your passport or driver’s license.
  • Uploading a recent utility bill showing your address.
  • Verifying your phone number by receiving a code and entering it.

How to Deposit Funds via Perfect Money at an Online Casino

Choose a casino that supports direct transactions via Perfect Money from the options listed on ArabicCasinos.Com. Register with the casino and navigate to the deposit section. Select “Perfect Money” from the list of available payment methods, then specify the amount you wish to deposit, ensuring it aligns with the casino’s deposit requirements. You will then be redirected to the Perfect Money login page. Once the payment is confirmed, you’ll be redirected back to the casino. The deposited amount should immediately appear in your casino account balance, allowing you to start playing.

To withdraw funds via Perfect Money from the casino, follow the same steps as for depositing. Ensure the withdrawal amount meets the casino’s minimum and maximum limits. Enter your Perfect Money account details (User ID). The casino will process your withdrawal request. Processing times may vary depending on the casino’s policies, but they typically range from 24 to 48 hours. Cryptocurrency withdrawals are usually instant. Make sure your Perfect Money account is verified for faster processing and lower fees.

ATM Withdrawal Options Using Perfect Money

Perfect Money does not issue physical ATM cards directly. However, users can still benefit from Perfect Money’s services through third-party providers who offer prepaid cards that can be used for ATM withdrawals or online shopping.

Certain third-party providers offer prepaid cards that can be funded via Perfect Money, functioning similarly to debit cards. These cards allow users to withdraw cash from ATMs, make online purchases, and perform other transactions.To do this, users need to transfer their Perfect Money balance to their account with one of the providers that issue these cards. To fund your card, register with a payment service that can be linked to your Perfect Money account, such as Payeer or FaucetPay. After registration, transferring funds to and from your Perfect Money wallet is easy.

Receiving Winnings via Perfect Money in Arab Countries

Users can withdraw funds from Perfect Money via bank transfer to their local bank accounts. Additionally, Perfect Money works with certified exchange partners who facilitate the conversion of Perfect Money funds into other forms of currencies or payment methods, including prepaid cards. These exchange partners, listed on Perfect Money’s website, offer options for withdrawing cash from ATMs using the cards they issue. To find an authorized partner, visit the Perfect Money website, where you will find names like Western Union or MoneyGram. Check the list of certified exchange partners in your region, as these partners are licensed to handle Perfect Money transactions.

Furthermore, users can create electronic vouchers through their Perfect Money account, which can be exchanged for cash or converted into other payment methods that support ATM withdrawals. As mentioned earlier, while Perfect Money does not issue its own cards, users can still access ATM withdrawal services through external providers offering prepaid card solutions.

For all terms and conditions of Perfect Money, visit Perfect Money Terms and Conditions

Icon
Icon 5.0

Casino Expert and Professional Writer

Meet Ali Al-Ghazali, Casino Expert, Professional Writer, and Your Guide to the World of Online Gambling. Ali’s expertise resonates with those who enjoy online gaming. He has conducted over 300 reviews across various online casinos.
As an experienced player and professional writer, Ali specializes in crafting detailed reviews of online casinos worldwide, tailored to the specific interests and needs of players. Although Ali has a personal passion for casino games, he ensures his reviews are focused on helping others find safe, reliable sites for responsible gambling that aligns with their preferences.
Ali’s reviews are known for their accuracy and objectivity, with each review on ArabicCasinos.com written according to key criteria that matter most to Arab players: regional payment options, a variety of popular games, promotions, Arabic language support, and more.

Written by Ali Al-Ghazali