Updated: 09/12/2013 08:12
Reprints/Permissions  Hyip Monitor
Perfect Money , one of the most popular payment processors used at the HYIP market nowadays has made some changes to the payment commission schedule....

Perfect Money, one of the most popular payment processors used at the HYIP market nowadays has made some changes to the payment commission schedule. Particularly, starting from September 10, 2013, new commission fees are applied to the transactions within the system. The changes is applied in order to: "...improve the service provided to our customers and further expand the Perfect Money payment system to new markets...".

Great intention, indeed! I would also say that another more obvious reason for the fee rates increase is to somehow limit transaction from non-verified accounts. That is because increasing fee from 0.5% to 1.99% for internal transfers is only applied to non-verified accounts. All verified accounts and Premium holders will enjoy low commission of 0.5% per transaction.

At the same time, Perfect Money authorities encourage all customers to get through the verification procedure with the purpose making the system more transparent. Obviously, Perfect Money, after the collapse of Liberty Reserve is nearly the only absolutely anonymous e-currency that may be used for HYIP investing. In its turn this factor puts some risks of being closed the same way as Liberty Reserve, at least Perfect Money authorities try to do all possible to not let that happen. First they blocked US citizens from using the system, then verification rules have been applied. And now more changes to the commission fees as of encouraging to get verified. The official position of Perfect Money is as follows:

"KYC (Know Your Customer) is an important, globally-accepted policy that is essential to ensure greater customer satisfaction and quality of service as well as compliance with modern business practices. As of 10/09/2013 our commission schedule will directly reflect the above mentioned policy."

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