A review on PayCo Payment System

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.

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Advantages:


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 ( Most Popular Instaforex)

5. PayCo Supports Bitcoin for bitcoin transactions

6. Payco also has Affiliate program so you can earn from there as well.


Disadvantages:

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


My Experience as a Customer of Payco for last 3 years i am using Payco i got payment on time and got it in my account so no issue of scamming in Payco. One more good thing when you receive money from instaforex account it is always free there is no any fee so overall i will give rating 4 out of 5.

payco payment theak hai par es mein dollar exchange karte howe 5 se 7 din guzar jate hein hum chahte ya to wthdraw direct skrill mein dein ya payco service ko better kya jaye thake waqt par payment receive ho instaforex se withdraw time par ajata hai par agy payco wale bhut zayda late karte hein mujhe enke service kuch ache nhe lagte hai bhut se members ko payco service se complain hai hum chahte hein withdraw direct skrill mein kya jaye es service ko bethar karne ky advice dy jaye Payco walon ko

Payco payment system only used by Instaforex brokers because Payco is a subdiary of Instaforex broker. or it could be that Payco's payment instrument is still doing promotions for their products, it can also be used by brokers or other merchants.
there are several advantages of Payco payment system, one of which no need to do verification, we only do register then can use this payment for transfer and receive balance.
withdrawal process to local bank takes a long time, so most users choose to sell their balance to exchanger with no more than five minutes process.

I only know that Payco is the newest payment system used first by Instaforex broker. Payco supporting deposits and withdrawals at Instaforex. there is only a problem when the user wants to withdraw balance to bank account, very longtime process causes almost payco users decide to sell their payco balance to exchanger. customer service very difficult to contact.
Generally, Payco is very easy epayment for traders with small capital. we can use Payco without verification.

Quote:

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Originally Posted by axist

I only know that Payco is the newest payment system used first by Instaforex broker. Payco supporting deposits and withdrawals at Instaforex. there is only a problem when the user wants to withdraw balance to bank account, very longtime process causes almost payco users decide to sell their payco balance to exchanger. customer service very difficult to contact.
Generally, Payco is very easy epayment for traders with small capital. we can use Payco without verification.

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hanji payco new payment processor hai lekin ye kaafi famous hogaya hai esme instaforex sabse jada esko he support karta hai lekin sirf forum walo members ke liye aur esme payco me abb kaafi offers bhi aara hai jisse aap esme khud se apna paisa bhi lagkar kaam kar sakte hai.

PayCo is pretty good payment method. there is non charge fees for withdrawals and transfers between PayCo accounts. transfers between accounts are usually done for less one minute. need more than two weeks for withdrawals using local bank services, so, if you need quick money , it's better to sell PayCo balance to exchangers, even though the rate lower than witdraw through local bank. hopefully getting faster the local bank services by PayCo
Payco services only for Instaforex customers who wish to depsit and withdraw funds.

Payco advantages
1. Easy to use and stable service
2. Low fee transaction
3. unlimited nominal transaction everyday.

Payco Disadvantages
1. Technical support services are not full service
2. Still using the website , there is no Android-based platform.
3. Very slow response to all merchants.

I use payco by withdrawel money from this forum .
It is a good way to get money by easy system ,
Payco is related by Indian forex forum by investors.
It has good payment systems best way with no charges fee ,as easy to use ,
Be happy with my suggestions,

PayCo is a company full of innovation that aims to provide safe and convenient payment services for all clients, both individuals and companies around the world. Our company is one of the fastest growing companies in the payment options field and is on its way to becoming the pioneer of this particular industry. PayCo provides high quality payment services, and we are sure that our clients experience comfortable financial transactions.

PayCo prides on its ability to adapt and grow in tandem with the changing global financial environment by using only the best IT technology that provides a high level of security, fast and efficient transaction platform. Our ability to match various demands in the financial sector gives us a significant advantage over other competitors.

Payco payment system only used by Instaforex brokers because Payco is a subdiary of Instaforex broker. or it could be that Payco's payment instrument is still doing promotions for their products, it can also be used by brokers or other merchants.
there are several advantages of Payco payment system, one of which no need to do verification, we only do register then can use this payment for transfer and receive balance.
withdrawal process to local bank takes a long time, so most users choose to sell their balance to exchanger with no more than five minutes process.

start main tu muje payco ke bare main zida knowledge nh tha or na hi main es ko use krta tha laken jab se maine insta forex broker ko join kia hai tu main ab payco payment method hi use krta hon es ke transfer insta hai or aj kal main tu yeah dirt bank main bhe payment de raha hai or es ka card bhe hai es hisab se yeah zida famous ho chuka hai or agar ap log es ke payment ko exchange krna chate hain tu ap log who bhe kr sakte hain es ko skrill main bitcoin main payment le sakte hain or es ke ab tu bht method hain withdraw ke or yeah online main bhe best payment method hai ab tak main , main tu already es payment method ku use kr raha hon ap bhe es ko lazmi hi use kren transfer ke fees yeah nh late hain but withdraw ke fee es ke 5% hai