To place an ad on PeerPe, you need to top up your wallet with credits, where 1 CAD equals 1 credit. You can use 90% of your credits for placing ads. For example, if your credit balance is 1000 CAD, you can place an ad worth up to 900 CAD. After paying the buyer, you can withdraw your remaining credits.

Credits are essential as they ensure all transactions on PeerPe are fraud-proof and are used for deducting both your and the counterparty’s fees.

Overall, P2P money transfer apps provide a faster, more flexible and convenient option for money transfers, while often presenting a more cost-effective alternative to regular banks.

Unlike financial institutions, P2P money transfer apps like PeerPe facilitate direct transactions between users, offering greater flexibility in terms of transaction amounts, timing, and currencies, competitive conversion rates, potentially lower transfer fees or no extra charge at all, along with greater transparency regarding exchange rates, fees, and transaction status.

Step 1. Download and sign up You’ll need to pass an email and KYC verification before moving on to the next step.

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Step 2. Set up your accountAdd payment methods for the country from which you will be transferring money.

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Step 3. Add recipients Input the bank account details of recipients in the country of your transfer destination and wait for admin verification.

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Step 4. Top up your accountAdd credits by making a manual deposit using a unique code with your verified card payment method.

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Step 5. Create and ad and waitFollow the intuitive instructions to post your ad. Once you're done, all you have to do is wait for a buyer to show up — then you'll receive an instant alert.

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Step 6. Transfer money and press ConfirmOnce sent, the recipient has to confirm receiving the money from their side. After they do — congrats, you've successfully completed the transfer!

Of course! You can track the status of your transaction on PeerPe in your account details. There, you will find detailed information about each transaction and transfer charges, including its status and any relevant updates. If you have any questions or concerns about the status of your transaction, please don't hesitate to contact our customer support team for assistance.

The transfer time can vary depending on the banks involved in the card payment transaction. It's always a good idea to check with your bank or the recipient's bank (or any other financial institution involved) for more specific information regarding international transfer times for your transaction.

At PeerPe, disputes are managed by our dedicated 24/7 support team, who act as mediators between the parties involved. Users can reach out to us to report any issues encountered during transactions. We thoroughly investigate disputes, gather relevant information from both parties, and work towards reaching a fair resolution, all while providing guidance and throughout the process.

Such dedicated support ensures that our users have a reliable and efficient mechanism to address any concerns, ultimately fostering trust and confidence in our platform — which is the utmost priority for the PeerPe creators.