Advcash is an online payment processing and money transfer system that has been operating since 2014. The service offers more than 20 different ways to replenish a virtual wallet, which effectively replaces the physical one in the online and mobile environment.
Advcash supports transfers in both fiat (national) currencies and cryptocurrencies. The last option to withdraw funds involves transferring money to cryptocurrencies without commission at the internal rate of the service.
Thus, Advcash is a worthy competitor for older EPS, such as Qiwi or Payeer.
What kind of service it is and how it works, we will consider in more detail later in the article.
- What is Advcash
- Advcash registration
- Advcash login
- AdvCash Security Configuration
- Advcash Verification
- Advcash Card
- Advcash Replenishment
- Advcash Conclusion
- Advcash and cryptocurrencies
- Advcash advantages and disadvantages
- Competitors Advcash
- AdvCash reviews
What is Advcash
Advanced Cash (Advcash) is, first of all, an electronic wallet that customers from different countries use to make online payments in real time.
Being an offshore company, the legislative principles of other countries do not apply to the service, so that Advcash can afford to significantly reduce costs and taxes, while ensuring the proper level of anonymity of its customers.
Advcash supports settlements in the following fiat currencies:
- US dollar.
- British pound.
- Ukrainian hryvnia.
- Brazilian real.
- Kazakhstan tenge.
- Russian ruble.
In addition to the above currencies, it allows customers to make transfers in cryptocurrencies Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Zcash and Tether.
Advcash can be an ideal platform for those who are looking for a global alternative to national providers of banking and financial services due to the support of a huge range of financial instruments necessary for comfortable settlements.
Clients can also always transfer money to any other AdvCash wallet without commission or any restrictions. The best part is that this process does not require verification. At the same time, identity verification will become an integral part of working in the system, if necessary, to use more advanced features.
Service developers are constantly working to improve it by adding new functionality.
According to the information provided on the Advcash website, soon the service will delight its customers with the addition of a mobile application. The upcoming update will allow everyone to manage payments through the use of smartphones and tablets based on IOS and Android.
Official Advcash Website
How to register in Advcash:
- Go to the official Advcash website.
- Select the type of account - Personal or Business.
- Enter your personal data.
- Verify your account by clicking on the link in the email.
- Congratulations! You are registered in Advcash.
Advcash supports the interface in Russian and English, thus making it absolutely accessible for customers from the CIS countries.
Creating a wallet begins with the transition to the official website of the service. On the main Advcash page, click on the "Become a customer" button at the bottom of the main page. As another option, to register, use the “Login” located in the upper right corner, and then click “Register” in a new window. Regardless of which option a potential client will use, in the end he will be redirected to the same page.
So, in the window that appears, the system will offer to fill in personal information, the type of which will vary depending on the purposes of using the account.
Upon successful registration, the user will be redirected to the Advcash account created by him.
Registration of Personal Account
To register a personal account, the system will request information about the name, surname, email of the potential client. The specified email will be used as a login to access the payment system.
Special attention should be paid to a password, which should include at least eight characters. Do not forget that the more complex the password, the more reliable the account protection.
We register the requested data in English letters and click "Register".
Upon registration, a greeting letter from AdvCash will be sent to the specified email, and the user will be redirected to a page containing information about the protection and verification of your personal account.
Next, close the window and get into your personal account.
Business account registration
When registering a business account, the user will need to fill out information about the director or authorized person (name, surname), company name, company website (optional), type of activity, company country of operation, postal code, city and legal address.
Click "Save and continue", after which we get to the tab that requires entering an email, password and phone, to which SMS will be sent with a code. Email will be the login to access the AdvCash system.
Click "Register" and in a new window enter the code that came to the number indicated on the form.
Upon registration, a greeting letter from Advcash will be sent to the email specified in the registration form, and the user will be redirected to a page containing information on the protection and verification of your personal account.
In order to get directly to the wallet, click on the cross in the upper corner of the window, or on the button “Go to work”.
How to log in to your AdvCash account:
- Log in to the official page of the service.
- Click on the “Login” button, which is located at the top right.
- Enter the mail and password that the user specified on the platform during the registration process.
- Click on "Enter Advanced Cash."
If the user has forgotten the password, it can be restored by clicking on the “Forgot password?” Button in the account login window.
After that, the Advcash system will ask you to enter the mail tied to the account, to which a letter will be sent further with further instructions and a new password.
However, from personal experience, we note that when trying to request a password recovery, the system does not always respond from the first attempt to clicking the “Forgot password?” Button, so it’s better not to forget it.
Upon the fact of successful login, the user is redirected to a page that contains information about the registered account.
At the top of the interface contains information:
- About the account holder and the time of the last activity in the account;
- About correspondence with the support service of the service (creating tickets and answers to them);
- About security settings (increase account reliability);
- About the referral program (20% of the commission from transactions of referrals of the 1st level);
- About vulnerabilities found (notification of bugs in the system for a fee).
The first thing you need to do after registering on Advcash is to set up your profile, as well as implement all possible steps to increase the security of your account. To do this, click on your name at the top of the interface.
AdvCash Security Configuration
Let's dwell in more detail on the item “Configuring Security”. Reliability of funds is the main need of each client when working with finances.
Thus, the payment service offers to improve the level of security by adding:
- Identification according to various network parameters;
- Bindings to IP addresses, that is, the input may be limited to the specified IP;
- One-time password protection by activating two-factor authentication (2FA);
- Requesting a password by the system when making a payment;
- Special code card;
- SMS authorization at every login.
All features except the last are provided by the service for free, when notified via SMS, the system automatically charges $ 0.1 per message.
Note that if there is no activity on the page for more than 15 minutes, AdvCash can stop the session for security reasons. You must log in again to resume.
So, the system provides the ability to manage three main accounts (Russian ruble, US dollar, Euro) and four additional (Ukrainian hryvnia, British pound sterling, Kazakhstan tenge and Brazilian real), which will have to be protected from potential threats.
Each currency account is assigned a unique wallet, which is necessary to receive payments.
Advanced Cash allows users to:
Top up accounts. So, replenishment of the account is possible with the help of bank cards, for cryptocurrency, with the help of bank transfer, Internet banking and for cash;
Transfer funds and monitor transactions.
In case of any problems or questions, service customers can refer to the FAQ in the support section, or contact via online chat or by phone.
The user will not be able to fully use the Advcash service until verification is completed. More on this in the next section.
In order to pass verification on Advcash you need to do the following:
- Step 1. Go to the "Profile" of the user.
- Step 2. Go to the "Verification" section.
- Step 3. Verify your identity.
- Step 4. Confirm the address of residence.
- Step 5. Confirm the mobile phone number.
- Step 6. Verification on Advcash passed.
Successful verification is the key to trust on the part of the administration. Verification is possible only for persons at least 18 years old.
Until the user’s data is approved by the service’s security service, the user’s name will be “Not verified”. If you hover over this inscription, the following will appear:
“We recommend that you pass verification in order to use all the features of the system without restrictions. To start verification, click here. "
Actually, and click. Next, a profile opens, in which we select the "Verification" section.
The following window will appear:
Here the user is given the opportunity to get acquainted with typical questions, which will help in the successful implementation of all system requirements.
So, the system requests passport data, the address at which the user lives and the mobile number. Provided that all the necessary documents have already been found and scanned or photographed, it will take no more than 5 minutes to do everything.
Let's start in order. The security service of the service, first of all, expects a copy of the passport or driver’s license from the account holder. The image should be full, clear and color, larger than 800x600 pixels in the format of JPG, JPEG, GIF, PNG, PDF, not more than 8MB. We load the document by clicking on the button “Download a copy of the document” and select the required document.
After the document has been sent, we proceed to the verification stage of the address. In this case, the following documents are suitable:
- Copy of receipt for utilities, for Internet or landline phone;
- Bank / card account statements with a seal and signature of a bank representative;
- A document confirming the opening of an account in your name with the seal and signature of the bank representative, registration in the passport, notification from the tax.
The document, the issuance of which must be made no earlier than 3 months before the provision (does not apply to registration in the passport and driver’s license), must contain information about the name, surname and current address of residence. We load the document from the device by clicking on the "Download a copy of the document" button.
And the final step is to verify the user's phone number. In the form we enter your phone number and then click "Verify". An SMS with a code will come to the indicated number, which we enter next.
Dates may be delayed if verification is completed on weekends or holidays.
But in the end, the user will be able to freely use all the features of the Advanced Cash payment system.
The service has earned the attention of users due to the availability of the payment card issue option. At the beginning of its development, Advcash took the right step by concluding an agreement with MasterCard aimed at the issue of plastic cards. Now Advcash boasts not only cards from MasterCard, but also from the payment giant Visa.
The service has earned the attention of users due to the availability of the option to issue a payment card. At the beginning of its development, Advcash took the right step by concluding an agreement with MasterCard aimed at the issue of plastic cards. Now Advcash boasts not only cards from MasterCard, but also from the payment giant Visa.
So, in order to order a service card, you must click on the "Create a map" button on the left side of the interface. As a result, a list of cards available for ordering will appear. All cards are divided depending on the region of use (World, European Union, Russia) and on type (virtual and plastic). Let's consider each in more detail.
Only supports US dollars. Issuing a plastic card will cost $ 14.99, while a virtual one will cost $ 7.99. The validity period of both is three years, with free maintenance, a refund from the card to the service wallet in the system
The fees charged by the service for issuing funds on a plastic card in USD are $ 2.99. In this case, the removal from the virtual is completely free. The plastic card has restrictions on withdrawing funds through an ATM ($ 5,000 or 10 withdrawals in one day) and making purchases ($ 10,000 or 25 transactions in one day).
The European Union
Supports US Dollar and Euro. Issuing a plastic card will cost $ 24.99, and a virtual one at $ 14.99. The validity period of both is three years, with free maintenance, a refund from the card to the service wallet and making purchases.
The withdrawal fee is from € 1.99 to € 2.99 on a plastic card, and is completely absent when withdrawing from a virtual card. A Visa plastic card has restrictions on withdrawing funds through an ATM (€ 80 per day or 5 withdrawals; € 250 per year) and making purchases from a card (€ 250 or 25 transactions per day). As verification progresses, the limits can be increased.
Supports US Dollar and Russian Ruble. Unlike the previous ones, the release of this type of card is possible in three variations: Standart (₽799), Pro (₽1099) and a virtual Standart card (₽199). The validity period is three years, with free maintenance, a refund from the card to the service and shopping wallet (for plastic cards).
The commission for replenishment from the AdvCash system on any card is from ₽69. A plastic card has restrictions on withdrawing funds through an ATM (₽5000 per day for Standart cards and ₽60000 per day for Pro cards) and making purchases from a card (₽200000 per day for Standart cards and ₽600000 per day for type cards Pro). As verification progresses, the limits can be increased. None of the cards are currently available for order.
At the moment, employees have announced the beta stage of a new type of international card in the US Dollar, during which everyone can participate in the card program.
To issue a request for receipt, you must click on the "Order" button under the card you are interested in. We check the name, indicate the real date of birth, select the delivery address, delivery method. Delivery is possible either on a free basis (the card will be sent by mail in an envelope) or for $ 66.97 in case of delivery within 10 days. Note that the amount of payment for the card is $ 3 more than originally indicated!
When ordering a card, we also confirm that we are familiar with the rules for using the payment service.
If the user is satisfied with the price, then the funds will be withdrawn from the wallet specified in the AdvCash system, and the card will be prepared for sending to the new owner.
How to replenish AdvCash:
Step 1. In the header, select the tab "Deposit".
Step 2. Choose the amount and currency.
Step 3. Choose a country.
Step 4. Choose the most convenient way to replenish.
Step 5. Click to receive.
Step 6. We are waiting for the receipt of funds in the account.
The payment system offers to replenish an extensive range of options, among which everyone will find the most suitable:
- Bank cards (Visa, MasterCard, World, others) with a commission of 1.99% -3.49%.
- For cryptocurrency (BTC, USDT, ZEC, BCH, ETH, XRP) without commission, except for Tether $ 1.00.
- With competing payment systems (Yandex.Money, Qiwi) with a commission of 4.99%.
- Bank Transfer (SEPA) with a fee of $ 1.09.
- Internet banking (ATF24, Bank RBK24, Alfa-Click) with a commission of 3.49%.
- Cash (transactions are provided by third-party services).
- Online exchangers.
You can learn about exchange services that support this EPS through the use of aggregator services, for example BestChange.
Depending on the location of the user, the list of proposed replenishment methods may vary.
How to withdraw money from Advcash:
Step 1. In the header, select the "Transfer funds" tab.
Step 2. Choose the amount of currency.
Step 3. We indicate the number of the account, card, email, depending on the withdrawal method used.
Step 4. Click Continue.
Step 5. Confirm the conclusion.
Step 6. We are waiting for the funds to be credited.
So, you can withdraw money from AdvCash in the following ways:
- Inside the AdvCash system (to another account).
- To a bank card account.
- An international transfer is processed within 3 days with a commission of $ 6 + 1.49%.
- To a bank account using SEPA, SWIFT.
- To cryptocurrency wallet address.
- Getting money "on hand".
- To email.
Note that withdrawal fees for SEPA directions and cards at the time of writing are reduced. Therefore, at any time, their size may change in the direction of increase.
Advcash and cryptocurrencies
Advanced Cash is another very popular and convenient way to purchase cryptocurrency with complete confidentiality.
Note that the system offers replenishment based on your own course, which can be found on the main page of the resource at the top of the interface. The course for other currencies, both virtual and fiat, is also presented there.
To transfer a transfer to a wallet, the user will have to wait for 6 confirmations of the transaction in the Bitcoin network, that is, at least an hour. The same goes for cryptocurrencies Litecoin and Bitcoin Cash. To conduct a transaction in Ethereum, the system asks for 35 confirmations, Zcash - 18 confirmations, Ripple - 0. The address for replenishment using any cryptocurrency can be used only once, that is, when the next operation is requested, the address will be different. There is no transfer fee.
Note that this EPS is supported by many cryptocurrency exchanges, for example, Binance.
Advcash advantages and disadvantages
We offer to consider the main advantages and disadvantages of the AdvCash payment system.
Among the main advantages of Advcash:
- The ability to store multiple currencies in one account.
- The ability to interact with many high-tech products from around the world (financial service providers in Russia, Ukraine and other countries).
- Ease of transferring funds between Advcash users.
- Ability to transfer funds by email.
- Interaction with cryptocurrencies.
- Availability of plastic and virtual cards MasterCard and Visa.
- Opportunity to receive income from the referral system.
Among the disadvantages of this EPS:
- Possible problems with verification of identity due to non-standard requirements for documents requested for KYC / AML.
- The absence of all types of cards provided by the service.
- The presence of hidden payments when placing an order for plastic cards.
- Lack of application for Android and iOS.
- While the service has an extensive set of financial instruments, which is constantly updated with new functions, the company employees still have work to do to make the service much more convenient for customers.
Of course, Advcash is not the only service of its kind and has serious competition in the face of such companies as Payeer, Perfect Money and others.
Payeer is a service that processes bulk payments with various payment systems, bank cards and bank accounts around the world. It was launched in 2010.
Working with this payment system is simple and convenient. Perhaps its only drawback is the presence of fees for transactions, but, nevertheless, most investment projects prefer Payeer.
Supports multiple currencies in one account. In addition, the wallet of any account consists of the same numbers and differs only in currencies. Like Advanced Cash, Payeer issues its own debit cards.
Perfect Money is a well-known provider of e-commerce services. The payment system has been operating on the market since 2007. Verification is provided in order to obtain more favorable conditions for interaction with the system. The service is also multicurrency and supports both fiat and cryptocurrencies.
Commissions in this EPS are considered one of the lowest on the market. Perfect Money also acts as a bank, offering a percentage of the amount stored in wallets.
In addition, the confidence assessment system allows participants to receive loans or lend money to other participants and receive interest for this, which is not in the Advanced Cash payment system.
The service provides its users with great opportunities and has thousands of satisfied users.
Special attention is paid to the operational and meeting support service.
However, in the network you can find negative reviews. So, for example, users write about hidden service fees. You can verify this when ordering a card. We have already noted the fact that the declared value of the card on the main page differs from the amount that must be paid upon placing the order.
Users also complain about the intricate verification process. So, according to the recall of one of the clients, the system rejected the verification request in confirmation of the request for additional documents.
Someone is dissatisfied with the prolonged period of delivery of plastic cards, while the site says that within a month the customer will have it (or up to 10 days when ordering express delivery). And others complain about the long transfer of funds to alternative payment systems.
In conclusion, we will only give a few useful tips that are applicable not only for AdvCash, but also for any other EPS:
- Be sure to connect the features that secure the wallet;
- Do not keep all funds in one account;
- Check the site when entering passwords (so as not to become a victim of phishing);
- Never share passwords with anyone.