If you’re looking for a trusted and reliable payment method to use on Arab Casinos, then Perfect Money is the right choice for you. This banking method is free to use and offers swift deposits and withdrawals.
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In this article, we’ll discuss everything you need to know about Perfect money payment method. We’ll also recommend the best online gambling sites that support Perfect money. Stick around, as we dive into the full details.
When choosing an online casino to play at in the UAE, Qatar, Oman, and other Arab countries, the security of your finances is critical. While the best online gambling sites in these regions ensure maximum protection using SSL (Secure Socket Layer) encryption, choosing a casino that offers impressive online casino games with the most reliable payment options is your responsibility. And one of the most secure payment methods Arab players can use is Perfect Money.
So, what exactly is Perfect Money, and how does it work at online casinos? Is this payment method a good option for Arab players? This guide answers these queries and more. We will discuss the pros and cons of this payment method and how to make deposits and withdrawals using it. Read on to learn!
What is Perfect Money?
Founded in 2017, Perfect Money is a digital payment system that allows users to make online transactions seamlessly. With Perfect Money, Arab players can deposit and receive gambling payments in multiple currencies, including USD, EUR, Gold, and Bitcoin. Signing up is super easy, as you only need to tap the “Sign Up” button and enter the requested information.
Apart from making casino payments, Perfect Money users can enjoy various features, including online shopping, money transfers, and currency exchange. This electronic wallet also has a prepaid Mastercard for purchasing and withdrawing money from ATMs. You only have to apply for the card, which will be delivered to your doorstep.
But what makes Perfect Money ideal for Arab players? First, this e-wallet offers secure payments thanks to two-factor authentication and an anti-fraud system. In addition, players can transfer money using unverified accounts, although the wallet will charge you a 1.99% fee. And another thing, you don’t need to share any details with the casino before transacting using Perfect Money. We’ll discuss the pros and cons in detail later in this Perfect Money Arab review.
How to make a deposit using Perfect Money
Making a deposit using Perfect Money is relatively easy. As a registered user, you are not required to enter details like card number, CVV, cardholder’s name, etc. Here’s how to go about it:
- Step 1: Find a reliable online casino that accepts Perfect Money.
We understand that finding an online casino in the Arab countries that accept Perfect Money payments can be challenging for beginners. For this reason, we have listed three well-researched options in the Middle East and North Africa. Alternatively, you can find a Perfect Money casino on your own, provided it ticks critical boxes like fast payments, licensing, encryption, etc.
- Step 2: Create an account at the Perfect Money casino.
After finding a Perfect Money casino, open the registration form and enter the requested details. Gambling sites usually ask for information like email, phone number, home address, username, and password. In some Arab casinos, you may need to enter the bonus code for the welcome promotion.
- Step 3: Make a Perfect Money Arab casino deposit.
Now you’re ready to make your Perfect Money casino deposit. To do that, open the cashier with your casino balance and select Perfect Money under the “Deposits” option. Then, enter the amount to deposit and the bonus code if the casino has any. Confirm the transaction, and you’ll be redirected to your Perfect Money account to authorize the payment. It’s that easy! With that done, you can enjoy all your favourite games. Top blackjack arab casinos and leading online roulette casinos for Arab players come loaded with a variety of games to meet your standards.
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How to withdraw from a casino using Perfect Money
Sometimes you can be lucky to win a withdrawable sum using your first Perfect Money deposit or bonus. In that case, logic dictates that you should cash out immediately or risk losing the entire amount to temptations of bigger wins. Below is how to request a casino withdrawal using Perfect Money:
- Step 1: Choose Perfect Money as the withdrawal method.
Log into your Arab casino account and tap the cashier button. Then, open the “Withdrawals” page, where you’ll choose Perfect Money and see other payment options eligible for withdrawals. Note that most casinos only process payouts through the deposit channel.
- Step 2: Enter the amount to withdraw using Perfect Money.
Next, select the amount you want to withdraw, keeping in mind your casino balance. Remember, different payment methods have varying transaction limits. So, don’t forget to read the payment terms to know the transaction limit for Perfect Money payouts.
- Step 3: Request a withdrawal and wait for the payout.
Once the withdrawal amount is auto-accepted, confirm the receipt and await your payment. The best online gambling sites for Arab players often instantly process withdrawals via Perfect Money and other e-wallets. However, you may have to wait up to 48 hours for the Perfect Money payout to reach your wallet.
- Verify Your Casino ID.
Making a Perfect Money casino payment may sound straightforward, but only after verifying your casino ID. The best Arab online casino often requires players to complete the KYC (Know Your Customer) process before processing payouts. As mean as it sounds, this is a legal process for weeding out bad practices like money laundering and underage gambling.
The casino will request to confirm your identity using a copy of your national ID, passport, or driver’s license. Regulated Arab casinos also ask players to upload proof of residence, such as a copy of their latest bank statement or utility bill. After uploading these documents, the Perfect Money casino will take 24 hours to approve the documents. Remember, this is a one-time process.
The best Perfect Money Online Casinos for Arab players
|Rank||Casino||Bonus Offer||Number of Games||Payment Speed||Win Rate||Play Now|
|#1||YYY casino||500 $||500+||1 – 5 days||96.5%||Play Now|
|#2||BetObet casino||3000 $||700+||1 – 2 days||98%||Play Now|
|#3||Betfinal||500 $||300+||According to the payment method||97%||Play Now|
Pros and Cons of Perfect Money Casinos
Now, without any further dilly-dallying, let’s discuss some advantages and disadvantages of playing on Perfect Money casinos:
Advantages of using Perfect Money at Online Casino
✅ Simple Registration: Creating a Perfect Money account is excitingly easy, unlike other Arab casino payment options. You only need an active email address to create an account and link a payment card to fund it. This process should take less than five minutes from our experience.
✅ Secure Payments: Although there’s very little information about the legality of Perfect Money, this online casino payment option is safe and secure. The wallet is securely encrypted, and players can use two-factor authentication to protect their accounts. Also, Perfect Money is exclusively available in regulated and reputable casinos like Betfinal Casino Arabic and YYY Casino Arabic.
✅ Low Transaction Fees: The transaction fees matter greatly when choosing a casino payment method. Perfect Money casino deposits and withdrawals are often free. However, the wallet will deduct 0.5% if you’re a verified user or 1.99% for unverified customers. This is still a friendly rate compared to, let’s say, credit/debit cards and bank transfers.
✅ Instant Payouts: This is arguably the most attractive reason to use Perfect Money for online gambling. This option allows Arab players to receive their casino payouts almost instantly. Usually, withdrawals via this electronic wallet would take a few minutes, up to 24 hours, although it could take up to 48 hours.
✅ Privacy: You probably know how hard it is to process gambling payments in Arab countries using bank transfers. Perfect Money offers you an excellent alternative, as there are no banks to approve transactions. This is another reason why Perfect Money transactions are fast and pocket-friendly.
✅ Bitcoin Payments: Making casino payments using Bitcoin has lots of advantages. First, your BTC payments are anonymous because cryptocurrencies are a decentralized form of payment. In addition, BTC casinos often offer players bigger bonuses and promotions. With Perfect Money, you can directly purchase Bitcoin and deposit it into your casino account. In short, it’s an excellent Bitcoin wallet for Arab crypto gamblers.
Disadvantages of using Perfect Money at Online Casino
❌ Bonus Ineligibility: Some online casinos in UAE often specify the payment methods that qualify for the deposit bonus. Unfortunately, e-wallets like Perfect Money, Skrill, and Neteller are usually not on the list. So, always confirm the qualifying payment options for the bonus before making a deposit.
❌ Availability Issues: Don’t get it wrong; Perfect Money is widely available at Arab online casinos. However, the availability of this banking option is limited compared to other e-wallets like Skrill, Neteller, and PayPal. Thankfully, we have already done the donkey work to recommend the best Arab Perfect Money casinos.
❌ Slow ID Verification Process: One of the main concerns amount Perfect Money uses is the slow verification process that can take days. However, this is also common with other e-wallets, especially if you upload the documents on weekends.
Arab countries that accept Perfect Money
Perfect Money offers convenient transactions for individuals and small-medium businesses. In the Middle East and North Africa, this online payment option is available to gamblers in the United Arab Emirates, Azerbaijan, and Iran. Perfect Money has cash terminals in these countries where players can reload their accounts. Players can also use credit or debit cards to top up their Perfect Money wallets. Overall, there is no shortage of Arab countries accepting Perfect Money payments.
Perfect Money security and privacy features
Perfect Money is one of the most secure payment options in Arab countries. This online payment option runs a thorough identity check to ensure you’re the account’s actual owner. For example, the system automatically blocks sign-ups from different IP addresses if account authentication is done online.
Another security feature that should endear you to Perfect Money is SMS authentication. While logging into your account, the system will send a code to your provided phone number. This has proved to be a reliable online account protection technique worldwide.
Lastly, Perfect Money uses CodeCard protection, where customers get a card with an image of the code sent to their email/phone number. The system will use this code to confirm transactions. All in all, Perfect Money is on par with the best online casino payment methods security-wise.
Alternative banking options
Looking for an alternative banking method to try aside from Perfect Money? Here are some options:
There are many e-wallets that Arab online casino players can use to process payments. Most of these payment options offer gamblers the same, if not better, payment services. Below are the most common e-wallets for Arab players:
Debit/credit cards like Visa and Mastercard are also a mainstay at top online casinos for Arab gamers. These payment options allow online gamblers to make secure and instant deposits from their bank accounts. However, withdrawals via these payment cards often take 3-5 business days compared to e-wallets which traditionally give players instant payouts.
Another excellent alternative to Perfect Money is payment apps like Apple Pay, Google Pay, and Samsung Pay. With these payment options, you only need to link your bank card and send/receive payments directly from the casino. These banking methods give players secure payments thanks to the TouchID system. However, payment apps rarely support Arab casino payouts.
We have reviewed tens of regulated Arab online casinos that support cryptocurrency payments. As said earlier, digital coins like Bitcoin, Litecoin, and Ethereum are decentralized currencies, meaning authorities cannot track your gambling payments. In addition, receiving casino payouts via cryptocurrencies often takes less than 24 hours. But on the flip side, these digital coins are highly volatile compared to fiat currencies.
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How We Rate Banking Methods
You might wonder how we decided on the best payment methods to recommend. Below are our selection secrets:
- Security: This is our first stop when researching online casino payment methods for Arab players. We only recommend payment methods with solid security measures such as encryption and two-factor authentication. Perfect Money ticks all the ideal boxes.
- Reputation: Our expert team also checks the reputation of the banking method and online casino. We read reviews on gambling forums like Trustpilot and AskGamblers to know player experiences with the payment options. Only top-rated banking methods make it to our list.
- Fast payments: We know that gamblers can sometimes be impatient to make deposits or receive their winnings. All the casinos we recommend process Perfect Money payments instantly.
- Bonuses: Some online casinos offer bonuses and promotions for using Perfect Money to make real money deposits. But we advise you to carefully read the bonus terms to know the qualifying banking methods.
- Transaction charges: The best payment method for you must offer low transaction charges. With Perfect Money, you’ll be charged 0.5% for every transaction.
- Customer service: Lastly, we look for Arab casino payment methods that offer excellent customer support. Perfect Money has a standby customer service that’s available 24/7.
Why would you use Perfect Money at online casinos?
If you’re still undecided about using Perfect Money for online casino payments, below are some convincing reasons:
- Instant deposits with withdrawals take less than 24 hours.
- Secure online casino payments with 2-factor authentication.
- Readily available at top Arab online casinos.
- Most casinos for Arab players offer bonuses for Perfect Money deposits.
- It’s easy to set up and fund a Perfect Money account.
FAQ about Perfect Money at online casinos
Perfect Money facilitates online gambling payments in multiple Arab countries, including the UAE, Azerbaijan, and Iran. However, it’s important to know if an online casino supports your preferred payment method before signing up.
Many online gambling sites in the Middle East and North Africa process Perfect Money payments. But the best casinos must be licensed by a legal body and use SSL encryption. Also, the best gambling sites offer quick customer support, prompt payouts, vast game libraries, etc.
Yes, Perfect Money is 100% safe to use on Arab online casinos. It uses military-grade encryption to protect transactions, and players can access their accounts using two-factor authentication.
Perfect Money casinos have varying deposit and withdrawal limits. So, read the casino’s payment terms to know the maximum amount you can cash out using Perfect Money.
Perfect Money supports payments in USD and EUR at nearly all online casinos supporting it. You can also make payments using Bitcoin and gold.
Most online casinos do not charge players fees for processing Perfect Money payments. However, some casinos can charge a small amount on your payouts. So, only play at Perfect Money casinos with free payments.
Now you have all the details you need before playing on Arab online casinos using Perfect Money. With this banking method, you can process instant casino deposits and withdrawals as well as claim online casino deposit bonuses. But if it’s hard to find a Perfect Money casino, refer to our top three list above or use an alternative like the ones in this guidepost. Gamble responsibly!
with a vast experience in the gambling industry both online and offline, Stephen Abiola is a passionate writer who is experienced in creating casino-related content. His main areas of specialty include casino reviews, sports betting guides, bonus articles and lots more.
So far, he has written thousands of gambling content and hopes to create more content so that new and existing players can learn tips on how to win.
During his spare time, Stephen plays video games and monitors the happenings in NFL, NBA and EPL.