The Perfect Money payment system, founded in 2007, officially ceased to exist in 2025. The service’s website now displays only a short message: “The payment system that began in 2007 ended in 2025.”

Earlier, it was reported that "Perfect Money is ceasing operations in Russia and other countries".

What Happened

• Throughout 2024, Perfect Money gradually withdrew from key markets due to tightening regulations.
• In October 2024, users from Europe and the CIS received notifications requesting them to withdraw their funds and close their accounts within a specified period. The letters explained that the decision was related to legislative changes that made it difficult for the company to operate in these regions.
• Similar notifications were sent to clients in other countries, such as Nigeria and Bangladesh, where the service also ceased operations due to difficulties with local regulators. Users were given a limited time to withdraw their funds, after which access to accounts was permanently closed.
• In early 2025, the Perfect Money website was completely shut down, and the company did not provide any detailed explanations or farewell messages. In effect, the service “left without saying goodbye,” ending nearly 18 years of operations.

Reasons for Closure

The main reason is the tightening of regulations on payment systems in a number of countries, which made further operation of Perfect Money impossible. The company had previously stated that it hoped to return to the market if a suitable regulatory framework emerged, but this did not happen.

Summary

• The service no longer operates, and the website is offline.
• All users were advised to withdraw their funds in advance.
• Perfect Money was popular among forex traders, the crypto industry, and online investors, but in recent years faced a mass exodus of partners and clients due to regulatory restrictions.

Perfect Money ceased operations without explanations or official farewells, leaving users with only a brief notice on the website and closing access to the service in early 2025.