Pak3000
2020-08-15, 12:17 AM
Payco is one of the most favorite online transaction site mainly for the Asian Countries specially for instaforex members. The best thing i like is to send and receive money without any kind of high level verification in your Payco account. Here You can get the 3 types of e-wallet from where we can do all our transactions. 3 Currency wallet are USD,EUR,RUB. Instaforex also added to this payment processor for deposit and withdrawal of funds for the Forex traders. In Instaforex most of the users/members are used Payco for withdrawal funds so i like it as it is most loved and secure payment system.
Good things:
1. Easy and simple use for transactions
2. Most Popular deposit options are available
3. They are having their own official exchange partners so no need of searching other exchange website on internet
4. Many famous brokers are now connected to this site which increases the trust level among its customers
5. PayCo Supports Bitcoin for bitcoin transactions
Some bad Things:
1. We cannot withdraw any funds to our bank from PayCo. In this case we have to use their official exchange parthners.
2. Withdrawal process is slow and the transaction fee from exchangers to the bank accounts for withdrawal is very high i.e 5% when we want to transfer that in Skrill or Paypal though for MYR/IDR its 1%.
3. Customer support service is too bad and too slow
Good things:
1. Easy and simple use for transactions
2. Most Popular deposit options are available
3. They are having their own official exchange partners so no need of searching other exchange website on internet
4. Many famous brokers are now connected to this site which increases the trust level among its customers
5. PayCo Supports Bitcoin for bitcoin transactions
Some bad Things:
1. We cannot withdraw any funds to our bank from PayCo. In this case we have to use their official exchange parthners.
2. Withdrawal process is slow and the transaction fee from exchangers to the bank accounts for withdrawal is very high i.e 5% when we want to transfer that in Skrill or Paypal though for MYR/IDR its 1%.
3. Customer support service is too bad and too slow