Paysera review in 2024

Detailed review of Paysera

The platform provides an opportunity to open a personal or corporate IBAN account online. The company has offices in Europe, but it is not necessary to visit them in order to register an account. Paysera adheres to the international standards, working with the absolute majority of banks, payment systems and platforms.

A user can open several accounts and aggregate data in one mobile app. The features of payment by QR code, SMS are available; it is also possible to add customized mechanisms by sending an individual request to the customer support. The API of the system is simple and adaptive; it is easily scalable. Therefore integration with any technology stack takes very little time.

If a business of a client involves sale of physical goods, the aggregator of Paysera delivery services comes in handy. The platform also has its own functionality for distribution of tickets to events with marketing options that allow you to promote the upcoming event on popular platforms. Notably, if the event is free, the platform offers the features for its promotion and ticket distribution also for free.

Paysera's success by the numbers:

• 180+ – countries, where the system is available;

• 30 – currencies that you can hold in your account;

• 13 000+ – number of corporate clients;

• 20 – number of plugins for content management systems;

• 0 – cost of account opening and servicing for individuals.

Paysera provides a micro payment feature to the developers. At the moment, a payment through a cellular operator can be performed in 55 countries. Payment by SMS is possible for an amount of up to EUR 43.

Useful features by Paysera:

• International transfers. They are available in all supported currencies, are instant or almost instant. For individuals the transfer fee is zero.

• Online payments. You can use your Paysera account to pay for goods and services in online stores, marketplaces and aggregators and also for subscriptions to different services.

• Offline payments. You can use the NFT payment feature or the platform’s payment card. The card of the system is a VISA card, and is accepted all around the world.

• Deposit/withdrawal at ATMs. Paysera cards work with all ATMs, but the fees may differ. The best fees are at the ATMs in the eurozone.

• Reports and statistics. In the app, a user gets detailed information about all transactions on the connected accounts. There are tools for basic analysis.

• Savings accounts. A user can open a savings account on regional conditions, in order to hold money at an interest to grow capital.

• Control of business processes. The features of data aggregation from different channels with online monitoring and granting the rights to other users are available for corporate accounts.

• Connecting to POS. An account can be integrated with a device for accepting payment cards; if necessary a smartphone acts as such device.

• Universal checkout. It is possible to connect the Paysera Checkout feature from any place on the planet in all currencies of the world through banks, cards, and electronic payment services.

• Ticket sale. Paysera (Paysera Money Transfer) offers a simple solution for the sale of tickets to events with connection of marketing features.

• Parcel delivery. The platform has a built-in aggregator of transport companies, which allows clients of online stores to choose their preferred method of delivery.

Benefits of Paysera payment system:

• Individual and corporate accounts are open for free, no subscription fee is charged on individual accounts.

• The fees are average or lower than average in the market; especially beneficial for individual accounts.

• Euro is the base currency, but the system supports 30 currencies, in which users can hold their funds.

• There is a built-in converter offering the market exchange rate; the exchange rate for high volumes is even better than the market.

• An account can be replenished in any convenient way; it is possible to deposit and withdraw funds at the ATMs all around the world.

• It is possible to order a Visa payment card, which is accepted in online and offline stores.

• The mobile app has extended features, like payment by QR code and SMS, NFC and online checkout.

• Corporate accounts can accept payments from all cards, accounts, electronic payment systems.

• Full control of financial flows is available through the mobile app with a feature of delegating the authority.

• Individuals can open savings accounts on regional conditions.

• The platform allows you to have your order delivered by choosing one of the popular transport companies.

• There are many additional features, including ticket sales and marketing events.

Types of accounts in the Paysera payment system

Paysera offers two account types: individual and corporate. Individual account allows you to open an international IBAN account for private use. A client can deposit funds in any convenient way and withdraw when desired, including at ATMs. The account can be used to pay at online and offline stores, to make international transfers to individuals.

A corporate account is designed to accept payments, issue and pay invoices by legal entities. This account type is opened by business owners to accept payments in online stores and services that provide access to certain services by subscription. The system can also be integrated with online checkouts at physical points of sale. A smartphone can serve as a checkout.

Besides the features, personal and corporate accounts differ in fees. Some fees are the same or are not charged at all, for example, all account types are opened for free. However, account services are free only for individuals and international companies in the eurozone, with the exception of Latvia, where the companies registered there pay a monthly service fee of EUR 3.

Banking features

If a user understands, at least generally, What is Paysera, he knows that it is a functional payment system with the main possibilities of online banking. The services of the platform are focused on international transfers. The users can make payments, issue invoices and accept money, working with other payment systems and banks of all developed countries. The standards set by neobanks are now supported by the majority of payment services, which is the foundation of their progressive potential.

Social programs of Paysera

Paysera (Paysera Money Transfer) does not implement social programs. It is designed for payment of goods and services online, and also in offline stores all around the world. Plus, it has features for corporate accounts (acceptance of payments, online checkouts, etc.).

How to open an account at Paysera

Access the official website of the platform paysera.com through the browser on your mobile device. In the top right corner tap on REGISTRATION. In the new window select one of the digital stores – Google Play, App Store or App Gallery. Select the store you need and tap on the logo. The page with the Paysera app for download will open.

You can also simply access your app store and find the Paysera app through the search feature. Go to the page of the app and tap Download. Wait until download and installation is complete. Open the app and tap Create Account. Provide your phone number and generate a password, tap to agree to the Terms of Use and tap Create Account again.

A confirmation code will be sent to your phone, which you will need to enter in the app. Come up with a PIN. Depending on the gadget, you may be offered to use your fingerprint. Once the account is created, the main features won’t be available until you pass verification. Tap on the reminder in the main menu of the app, specify and confirm your email (the letter with the code will be sent there), and then fill out a questionnaire.

Identity verification is the final step. Tap on the corresponding button in the menu, select your country and type of identification document. Take a photo of the document and your face, send the photos for verification, follow the instructions on the screen. After the verification is complete and confirmed, you will have access to all features of the app.

Technical support

You can contact customer support using a feedback form on the website. The company has a general call center and regional call centers. You can find their contact numbers in the Help menu. There is also a contact email. All channels of communication are available 24/7.