📣 Updates to Payeer service: important information for 1WM users

31.10.2025

The Payeer service has announced the termination of service for certain users following the introduction of a new package of European Union sanctions. According to the official statement, fund withdrawals will remain available until November 24, 2025. As a result of these changes, the 1WM – First Way Money platform is ceasing to accept any cryptocurrency operations from Payeer. This decision is driven by adjustments in the platform’s regulatory policy, which no longer supports cryptocurrency transfers. At the same time, fiat currencies – euro (EUR) and US dollar (USD) – remain available for exchange until November 24, 2025. Users are encouraged to complete their transactions in these directions within the allowed period. Previously, Payeer served as a convenient tool for converting between fiat and digital assets, effectively functioning as a mini-exchange. However, recent policy updates now include additional AML/KYC checks and a complete restriction on cryptocurrency transactions. The First Way Money team continues to provide users with reliable alternative payment solutions and advises completing all fiat transactions through Payeer before November 24, 2025.