Paymenticon Banking

Paymenticon is an online wallet that works similarly to Yandex.Money. It’s part of EMP Systems Limited, a company which is based in Malta. Unlike regular e-wallets, such as PayPal, Neteller or Skrill, this one’s based on a PIN code and has an option to keep private information hidden from the seller. They claim to have more than a thousand terminals all over the country and offer safe, swift and convenient payment solutions for online players and buyers in general. Here’s how it works along with important highlights. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.


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Paymenticon

How It Works?

First sign up for an account at Paymenticon’s official site, which usually takes several minutes to complete. When registering, choose between 4 different types of accounts: anonymous, limited, standard and enhanced. The main difference is money limits and the amount of private information that’s required for the setup.

The next step is to deposit money directly thought your bank account or in a Deposit Teller Machine (DTM), for which you’ll get a QR and PIN code. Use them to pay for goods or services via Paymenticon’s online or land-based terminal provided by certified merchants. This includes online shopping, mobile phone top-ups, currency exchange, repayment of loans, bills, etc.

Alternatively, payments can also be made at a counter or directly to their distributors of your choice. To do that, look for the Paymenticon logo.

Additionally, they accept EUR, PLN, RON and GBP, and let you use the electronic wallet like your bank account, for payments and withdrawals.

Security

When it comes to protection and security, Paymenticon complies with the provisions of the European Economic Area and uses physical, electronic and managerial procedures to keep your information safe, including SSL encryption.

As mentioned above, one of the main advantages of using this type of payment method over others is privacy. If it’s vital, then users may also open an account completely anonymously. The main limitation is the €500 yearly limit.

Either way, keep the PIN in a safe place to protect your funds and the account in general.

Banking

Paymenticon is a fairly cost-effecting payment solution, at least for the end user. There’s no account setup fees or any charges for top-ups nor money transfers. Keep in mind that there’s one free withdrawal per week, as more than that is subject to a 1% fee.

While the company may not be widespread just yet, it’s available at casinos like LVbet.com, both of which are closely related.

Summary

Paymenticon is an e-wallet that’s based on QR and PIN codes. It allows users to choose between several accounts and remain anonymous while making online payments for goods and services at certified merchants with a peace of mind.

Click to visit Paymenticon website.

Posted by CCJ Team