Online payment processor Perfect Money closes a deal with payment services provider LibertyReserve allowing the former's customers to load their account directly from the LibertyReserve payment system.
Using the Perfect Money payment system which has been designed for both business-to-business and consumer-to-consumer transactions, customers can perform money transfers between members, store money funds on electronic accounts as well as make payments for products and services in online shops. Liberty Reserve is an account-based e-currency system allowing customers to store their money in USD, EUR and gold as well as transfer payments to other people and receive payments. Such payments cannot be reversed. Perfect Money has also announced that it has made a Persian version of the website available. The online platform has already been translated into twelve languages.