Piastrix

What is Piastrix

A relatively new payment platform, its main goal is to provide a wide range of financial services to its customers with the utmost emphasis on security and protection of users’ personal data. Customers can choose the most suitable payment method from a rich selection and use it to make transactions and online payments almost anywhere in the world and in various currencies. It is a very simple way as a virtual wallet to pay on the Internet easily, quickly, and securely and in four currencies:

• USD
• EUR
• RUB
• KZT

The company offers its users not only various payment methods in one digital wallet but also payment gateways and payment terminals, which can be used by individuals as well as commercial companies to receive and conduct payments even more simply, including at the international level. Because it includes many popular payment methods, it can be used almost all over the world.

History of Piastrix

The relatively young company Piastrix was established in 2018 and is headquartered in Moscow, Russia. Gradually, it crossed the boundaries of its country and also expanded into some European, North American, and Asian countries. Currently, it operates in more than 200 countries, has more than a million users, and is a very popular payment service, offering users a variety of payment methods.

Who owns Piastrix

The co-founder of Piastrix is Alexey Mokrin, who to this day also holds the position of Chief Executive Officer (CEO). He is a Russian businessman with many years of experience in the financial sector, who has capitalized on his knowledge and experience in fintech and online payment systems precisely at Piastrix.

How to get Piastrix

This payment service is available only to registered users after logging into their account. They can then make online and international payments at various merchants much faster, easier, and safer. With a virtual payment card, offline payments can also be made at merchants or service providers. This service is also popular among players for easy deposits into online casinos.

How to create an account with Piastrix

Users can create an account on the Piastrix website and in their mobile application. In the first step of registration, new users must enter their email address and set a password, which must be written in Latin and contain at least one uppercase and lowercase letter, one digit, and be at least 8 characters long. After verifying the email address, further personal and contact details must be provided, including place of residence and date of birth. Verification by the service provider follows, and after approval, new users can start using this service. Money to the created account can then be transferred simply using one of the payment methods such as Visa, Mastercard, or via SWIFT, Payeer, bank transfer, and others. Although Piastrix does not charge for deposits or withdrawals, these transactions may be subject to fees set by the business terms of the banks and companies from which their clients send money.

Where to use Piastrix

The company Piastrix also functions as a payment gateway, so it can be used almost all over the world. It is available in 200 countries and can also be used for transactions with cryptocurrencies such as bitcoins and ethereum. It can be used for purchasing goods and services on the internet, conducting cashless transactions (including international ones), exchanging currencies, or making deposits into online casinos and paying for gambling games. Piastrix collaborates with more than 40 banks and payment service providers including several electronic wallets like Skrill, Neteller, or Perfect Money.

Limits of Piastrix

At this company, users with a verified account and identity have a major advantage. While the basic unverified account version has a transaction limit of $10,000 (approximately 238,000 CZK) per year, users with a verified account see their transaction limit increase to $50,000 per year (approximately 1,187,000 CZK). Similarly, the maximum amount of transactions changes according to daily and monthly limits, which are always more favorable for verified users. The lowest transaction can be made at a minimum of $20 (approximately 470 CZK).

How to pay with Piastrix in an online casino

1. Select an online casino that accepts payments via this service
2. Enter the exact amount you want to pay
3. Log into your digital Piastrix wallet
4. Confirm the email address
5. Go to the “Account” section and confirm the payment for the deposit into the online casino

Registration bonuses

Upon registering at an online casino, players usually receive a welcome bonus. However, it is most often associated with making a deposit into the created player account and other conditions, such as wagering a certain amount or spinning a specific amount of money. Among the most attractive bonuses are increasing the deposited amount by 100%, free spins, or cashback.

How to withdraw winnings with Piastrix

Withdrawing funds from online casinos works almost the same as depositing them into a player account. However, with the difference that in the player account, you need to select the option “Withdraw money”. Not all online casinos, however, support this payment method for withdrawing winnings. Players, however, have the option to choose another digital wallet or payment methods and subsequently transfer the money back to their account at Piastrix.

Fees

This payment service is especially popular for its low fees, which are among the lowest in the world. Deposits and withdrawals via Piastrix are free, but individual banks may charge users a fee according to their own business terms. Transfers between Piastrix bank accounts are only charged a low fee of 0.5 – 1% of the total amount depending on the transaction size. However, using other payment methods linked to this service may be charged (e.g., Perfect Money up to 10%, payments using the cryptocurrency ethereum $10).

Piastrix App

The Piastrix mobile app is completely free to install for newer types of mobile devices. It can be downloaded from Google Play for Android devices or from the App Store for iOS. Here, users can manage their finances even more simply and make payments faster. Even in the mobile app, they have the option to use four currencies (USD, RUB, EUR, KZT) and perform international transactions, both online and offline payments, and use the most popular payment methods.

How to deposit money into the account

The Piastrix app offers several methods for users to deposit their money into the account. Just go to the relevant section in the mobile app to make a deposit and enter the exact amount and specific currency you want to transfer to the account. Then choose one of the available payment options and confirm the transfer. These transfers are free at Piastrix, but fees may be charged by the bank or company from which the money will be transferred.

How to withdraw money from the account

Users also have several options for withdrawing their funds from the account. If they do not want to use the money for making payments, they can withdraw it using a bank transfer or one of the digital wallets. However, the minimum transaction amount is set at $20 (approximately 500 CZK) and banks may charge a fee of various amounts according to their business conditions.

Ratings

This Russian payment service can be an excellent solution for merchants and individuals who regularly perform transactions in foreign currencies. It is very beneficial to trade in four currencies in one account, namely USD, EUR, KZT, and RUB. The relatively low fees associated with conducting individual transactions and transaction limits, which are even higher with a verified account, are also pleasant. Piastrix serves as a digital wallet that includes the most famous and most used payment methods, so it can be used almost anywhere. The biggest disadvantage is the website and mobile app in Russian language and written in Cyrillic, which can pose a significant problem for some users. However, players in online casinos can easily make deposits into their player account and withdrawals with the help of Piastrix.

Frequently Asked Questions

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Also read:

• Payment methods
• Online casino reviews

Sources: piastrix.com