Guidelines for receiving payments through Palremit P2P

Here are the key guidelines for receiving payments through Palremit’s peer-to-peer (P2P) feature:

• To receive payments, you need to have a Palremit account and complete the KYC (Know Your Customer) verification process. This ensures compliance and security.

• Once your account is set up, you can share your unique Palremit ID with the person sending you the payment. They can then transfer the funds directly to your Palremit wallet.

• Palremit supports instant P2P transfers between users, so the recipient will receive the payment in their Palremit wallet immediately.

• You can hold the received funds in your Palremit wallet, exchange them for other currencies, or withdraw them to an external bank account or crypto wallet as needed.

• Palremit provides real-time transaction tracking and the ability to view your balance and transaction history within the app.

• The platform offers competitive exchange rates and low fees when receiving payments in various currencies, including fiat and cryptocurrencies like Bitcoin, Ethereum, and Tether.

Palremit users are responsible for protecting the security of their accounts and devices to prevent unauthorized access to their wallets and transactions.