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Bisq exchange growth experiments
https://bisq.wiki/Growth_team
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Add Paysera - Multi-currency payment method #233

Closed pazza83 closed 3 years ago

pazza83 commented 3 years ago

Paysera - Multi-currency

Paysera Website Paysera Fees What is Paysera video How does Paysera work video Terms and conditions

Background

Paysera is a multi-currency mobile payment provider and web app based in Lithuania. It providing standard banking services but it is not a registered bank.

Why

Paysera is an established multi-currency payment service that provides users with the option to trade in multiple currencies instantly for low fees with the functionality of a mobile and banking app.

Region

Multiple counties over 180+

See here a list of places where Paysera works

Currencies

Multiple currencies (30+) Including: AUD, BGN, BYN, CAD, CHF, CNY, CZK, DKK, EUR, GBP, GEL, HKD, HRK, HUF, ILS, INR, JPY, KZT, MXN, NOK, NZD, PHP, PLN, RON, RSD, RUB, SEK, SGD, THB, TRY, USD, ZAR

Chargeback risk

Low the terms states:

If Paysera becomes aware of an unauthorized Payment Transaction, Paysera shall return the amount of the unauthorized Payment Transaction to the Client and, where appropriate, restore the balance of the Account, from which the amount has been debited, to the point before the unauthorized transaction was carried out, except for the cases where Paysera has reasons to suspect fraudulent activity and reports these reasons to the supervisory authority.

In the event that Paysera has reasonable suspicion that the Client is engaged in fraudulent activities, at first the funds of the primary payers in the Account of the Client are frozen and, if the Client does not perform the necessary actions (complete an additional identification procedure, provide the requested documents) or provide a reasoned explanation of the specified case in time, the frozen funds may be returned to the primary payers. This measure is also applied in cases where Paysera has a law enforcement order to return frozen funds to the primary payer.

Size of user base

Paysera has over 3 million users worldwide.

Duration

Instant less than 5 seconds.

Fees

Fees are competitively priced.

Paysera offers a exchange rates that are typically within 1% of the mid-market rate for currency exchange.

Payment between users is free.

Withdrawals to banks are free or low cost.

Swift payments are about 7 Euros.

Fraud risk

Low

Payment amounts

Within 0.25 BTC limit.

Paysera offers four levels of identification. The levels determine how much you can transfer daily, monthly and annually. You can move up in levels at any time for free, but you might need to provide additional information.

RififiCastorjunior commented 3 years ago

i love to see this page Time of money transfers, i will be hype to test this payment method. https://www.paysera.com/v2/en-GB/fees/euro-transfers

pazza83 commented 3 years ago

Paysera has been scored for inclusion to Bisq:

Essential Desirable Definite No’s
Very low risk of chargeback No risk of chargeback < very low risk of chargeback
Way to verify the sender in the received payment Way to verify the sender in the received payment and ability to enter a reference No way to verify the sender in the received payment
Trade time less than one week Instant payment Trade time more than one week
Singular Fiat currency Multi-currency Not a payment method for fiat currency
Significant user base Large user base* No significant user base
High usability High usability and great user experience < high amount usability
No KYC required for sending and receiving payments No KYC required for sending and receiving payments, allows users to trade with upmost privacy. Minimal identifying information as possible (no names, email, phone etc required) Some KYC required (proof of address, ID, selfie) for sending and receiving payments
Low risk of scam attempts Very low risk of scam attempts < low risk of scam attempts
Traders can provide evidence of payment / receipt Traders can provide evidence of payment / receipt and Verification of payment can be made using PageSigner or similar Traders will be unable to provide evidence of payment / receipt
Minimum limit at least equal to at least account limits protocols No minimum limits Minimum limit not able to achieve account limits protocols
Maximum limits equal to at least 0.01 BTC Large payment limits up to 2 BTC Maximum limit is less than 0.01 BTC
Likely to increase liquidity Likely to increase liquidity and open markets for different countries and currencies Likely to decrease liquidity
Low risk of mediation Very low risk of mediation < low risk of mediation
Low risk for traders from government agencies No risk for traders from government agencies < low risk for traders from government agencies
Fees should not be a barrier to trading No fees for transactions Fees will be a barrier to trading
Only minor changes needed to trade protocol No changes needed to trade protocol > Minor changes needed to trade protocol

Score: 26/32 Percentage: 81.25%

pazza83 commented 3 years ago

Paysera - Proposed National Currency Payment Method

I am proposing that Paysera be added as a national currency payment method.

@refund-agent2, @huey735, @leo816 please let me know if you have any questions as to how Paysera will be mediated / arbitrated. If you have any objection please let me know by 31 May 2021.

Date proposal being made: 02.05.21 Date feedback to be provided by: 31.05.21

Name of payment method: Paysera

Required fields (eg)

Currencies accepted

Signing required: No

Bisq Limits: eg 0.25 BTC

Trade window: 24 hours

Payment method limits: not aware of any

Any relevant information for users: None

Screenshot of expected GUI: TBC

pazza83 commented 3 years ago

Here is the XD for Paysera, this should be straight forward to add:

Payment method - Paysera

pazza83 commented 2 years ago

Completed wiki: https://bisq.wiki/Paysera