Payeer: a crypto friendly payment gateway and wallet for global merchants

Payeer is a multi-currency platform that combines an e-wallet, a crypto exchange, P2P marketplace, and merchant acquiring into one account. Merchants can accept payments online in more than 100 cryptocurrencies via the Payeer Merchant product, hold both fiat and crypto balances, and transfer funds via cards and bank transfers where available. The service is promoted as available in 127 countries and aims for fast onboarding for individuals and companies.

What Payeer is and who it serves

At its core, Payeer is a crypto-first platform featuring an integrated electronic wallet. Users can store and convert fiat and digital assets, trade on a spot exchange, buy and sell via peer-to-peer, and connect a website to accept customer payments. This breadth makes Payeer especially appealing to online sellers who want to add crypto acceptance without stitching together separate wallet and exchange integrations. It also suits marketplaces, content platforms, and digital services serving customers who prefer paying in crypto.

Payeer highlights that millions of users from more than 200 countries trust the platform, helping merchants reach customers in regions where traditional processors may have limited coverage.

Key products and capabilities

Merchant acquiring with 100+ cryptocurrencies

Payeer Merchant allows merchants to accept payments directly on their websites. With a user account, merchants can locate and use the API for Business within their dashboard. Payeer supports over 100 cryptocurrencies and payment options and provides a demo to show the checkout flow.

For businesses operating in crypto-forward markets, this extensive coverage reduces friction for customers using stablecoins or popular tokens, while offering a unified balance hub for settlements. Integration with platforms such as WooCommerce is available through the API.

Wallet, exchange, and peer-to-peer trading in one account

Beyond merchant acceptance, Payeer offers an e-wallet that handles both fiat currencies and cryptocurrencies. Within the same account, users can convert currencies, access spot trading, and engage in peer-to-peer trading with card or bank transfer options, all from a single interface.

Funding and withdrawal options

Payeer supports deposits and withdrawals via Visa, Mastercard, and bank transfers in select locations, in addition to supporting operations with over 100 cryptocurrencies. This allows businesses to manage working capital, cash out earnings, or shift assets between fiat and crypto, depending on their needs. Actual availability depends on the user’s location and compliance status.

Geographic coverage and limits

Payeer markets its coverage across 127 countries. The platform notes that some jurisdictions enforce per-transaction limits under local regulation and advises users to review limits applicable to their country or region before activation.

Fees and currencies

Payeer maintains a publicly accessible fee schedule detailing costs for deposits, withdrawals, and transfers. Actual fees fluctuate based on currency and method. The platform provides transparent fee information within user accounts and on its public fee page, helping businesses assess their pricing and margins more accurately.

Compliance and security

Site footers indicate that the PAYEER trademark is owned by a Payeer group entity and that the company is registered with the Ministry of Economics and Finance of Paraguay, under a specific number and date. A correspondence address in London is also listed. Businesses should collect these disclosures, request documentation during vendor onboarding, and document any region-specific licensing.

On the security front, Payeer promotes multi-factor authentication within its e-wallet. Merchants are strongly encouraged to secure admin accounts, rotate API keys, and restrict callback IPs where possible.

Onboarding and verification

Becoming a merchant is streamlined. Users register and verify their account, then activate merchant services in the API section. For businesses, typical documentation includes company name, registration date, scope of activity, legal address, and taxpayer ID. Verified personal accounts may also activate merchant features in certain cases, which is helpful for sole proprietors or initial testing.

There is no dedicated sandbox for testing. Instead, Payeer advises testing live flows using low-value transactions, which is standard practice in crypto payment processing.

Developer experience and integrations

Payeer offers publicly available API documentation for merchant invoicing and payment callbacks, including a Trade API for exchange-related actions. Community-maintained SDKs in languages like Node.js, PHP, and Django can expedite integration, but developers should always verify community code against official documentation.

Typical merchant integration includes account setup, verification, generating API credentials, configuring endpoints for success, failure, and status notifications, and executing low-value test orders. Platforms like WooCommerce can integrate using API guidance provided in the merchant dashboard.

Settlement and funds management

With wallet and exchange functions built-in, merchants can hold incoming crypto, convert to stablecoins, or exchange to fiat within Payeer. Funds can then be withdrawn via supported fiat rails or sent to external crypto addresses. This flexibility helps manage volatility and liquidity without needing external tools. Merchants should confirm funding and withdrawal options in their jurisdictions before defining refund or payout policies.

Best use cases for Payeer

• Merchants who want to accept a wide array of cryptocurrencies quickly with a unified integration and hosted checkout.

• Businesses dealing with global customers, especially those paying in crypto for cross-border purchases, subscriptions, digital services, or tipping.

• Organizations looking for a consolidated model combining acquiring, wallet, and exchange services under one provider.