Bank wires are possible even if you don’t have a bank account, ask Perfect Money

 Perfect Money payment system has done one more step on its way to constant excellence in the financial services market by introducing the new function that allows online businesses to easily accept payments from their customers via bank wires even if they do not have bank accounts or proper experience and understanding in the wire transfer industry.

Bank wires today are a preferred payment option for many customers who have no plastic card to purchase online or they just fear to have their card information exposed to interception by fraudsters. Bank wires are considered as safer and more traceable transactions than direct online payments. On the other hand, merchants who sell on the Internet now always have an opportunity to accept such kind of payments. Many small businesses haven’t either sufficient experience or bank accounts to process such transactions. It is where the new service from Perfect Money becomes more than relevant and useful.

Perfect Money enables online merchants to accept ban wires as a payment fro their merchandise purchased by customers via Perfect Money API. The principle of such payment processing is as follows.

A customer selects an item on the merchant’s website and goes to checkout where he or she can choose to pay via wire transfer by Perfect Money.

After the shopper selects this payment option he/she is immediately redirected to a special secured page on Perfect Money website where after a short registration he/she gets payment details to send a wire transfer to as a payment for some services of goods.

Once the bank wire reaches the bank of Perfect Money the company immediately transfers the amount to the merchant’s account within the payment system and sends a corresponding notification. With a user-friendly interface businesses can easily identify a customer who sent the transfer and the items purchased.

Main advantages of Perfect Money API transfer service are these:

• You needn’t to open a bank account for accepting wire transfers
• Perfect Money can process any amount with unlimited turnovers
• Businesses can order a required number of different payment details which will be used individually
• In case there are any legal problems Perfect Money can provide proper services
• Businesses can avail themselves of the services of Perfect Money team who can help with installation and setting of the wire transfer receiving system on the merchant’s website

In order to activate the wire transfer service by Perfect Money a business needs to file the application on the company website where among other things he/she should specify such details as average sale amount on the website, approximate monthly turnover and required number of payment details. It is as follows:

Then a business signs up into his account and needs to wait until the application is considered and approved by Perfect Money. Once a merchant gets a reply from the payment processing company he/she can install Perfect Money API on his/her website. The system automatically distributes payment details to customers.

At the times when ecommerce along with other areas of our life does not stays stagnant and constantly moves forward it is necessary to be flexible and offer more functionality and diversity of services to customers in order to retain existing clients and attract new ones as the competition is tough. Apart from goods and services sold an online business needs to consider the convenience of payment options so that shoppers could have more satisfaction that will make them more loyal. Perfect Money is just the partner in online payment industry offering a wide range of processing services to help its business partners be more diverse in their payment methods offering. New service on accepting bank wires is yet another convenience to add credit to the reputation of your online business.