Pera Fund — Supported Payment Methods by Region

Overview

Pera Fund lets you buy ALGO and USDC directly inside Pera Wallet using fiat currency or by converting crypto from other blockchains. What’s available to you depends on your region and the third-party providers that serve it.

This article covers what you can use and where. For the full step-by-step on how to buy, see Funding an Account using Pera Fund.

Fiat Payment Methods

Fiat purchases in Pera Fund are powered by Meld’s on-ramp API, which connects you to multiple regulated providers depending on your location.

Common payment methods:

Method	Description	Typical processing time
Credit card	Visa, Mastercard	Minutes
Debit card	Visa, Mastercard	Minutes
ACH transfer	US bank accounts	1–3 business days
Apple Pay (iOS) / Google Pay (Android)	Mobile wallet, where the provider supports it	Minutes

The Provider and Payment Method sheets in Pera Fund show exactly what’s available for your device, region and amount. Pera Fund lists the providers under Select provider, with the Best offer selected by default, and shows each provider’s MIN and MAX limits. Pera sets your country from your location (it can’t be changed in the app, so check for an active VPN if it’s wrong), and funding is only available on MainNet.

Card payments settle fastest. ACH transfers take longer because they clear through the traditional banking system, but may have higher purchase limits and lower fees depending on the provider.

Fiat currencies supported

Supported fiat currencies vary by provider and region. Common ones include:

• USD (US Dollar)
• EUR (Euro)
• GBP (British Pound)
• CAD (Canadian Dollar)
• AUD (Australian Dollar)
• BRL (Brazilian Real)

The exact list depends on which provider serves your location. When you start a purchase in Pera Fund, the available currencies and payment methods for your region will be displayed automatically.

Regional availability

Pera doesn’t ask for KYC. The third-party provider’s terms apply, and providers may require identity verification. Availability is subject to local regulations. Some regions may have limited or no fiat on-ramp access.

Not available in your region? You can still fund your wallet by:

• Transferring ALGO or USDC from an exchange — see Transferring from an Exchange
• Converting crypto from other blockchains using Pera Fund’s crypto option (below)
• Receiving ALGO or USDC from another wallet

For country-specific availability, see Can I use Pera Wallet in my country?

Crypto Conversions

Crypto-to-ALGO/USDC conversions in Pera Fund are powered by XO Swap API from Exodus. Pera doesn’t ask for KYC for these, and Exodus’ terms apply. They are available more broadly.

Supported source assets and networks:

Asset	Network(s)
BTC	Bitcoin
ETH	Ethereum, Base
SOL	Solana
AVAX	Avalanche
ARB	Arbitrum
SUI	SUI
ADA	Cardano
XRP	XRP
BNB	Binance Smart Chain
HBAR	Hedera
USDC	Ethereum, Base, Solana, Binance Smart Chain, Polygon
USDT	Ethereum, Tron, Solana, Binance Smart Chain, Polygon, Arbitrum, Optimism
PyUSD	Ethereum, Solana

Output assets:

• ALGO
• USDC (on Algorand)

How it works:

1. Select Crypto as input in Pera Fund
2. Choose your source asset and network
3. Enter amount (smaller amounts than the provider’s minimum are blocked)
4. Pera Fund generates a deposit address
5. Send your crypto to that address from the source network
6. Converted ALGO or USDC arrives in your Pera Wallet

Processing times depend on the source network’s confirmation times (Bitcoin: 10–60 min, Ethereum: 1–15 min, Solana: seconds).

FAQ

Which option has lower fees — card or crypto? Crypto conversions generally have lower fees than card purchases (which include card processing fees from the provider). However, you also need to factor in the source network’s gas/transaction fee for sending crypto to the deposit address.

Why is my card being declined? Many banks flag crypto purchases as high-risk and block them by default. Contact your bank to authorize the transaction, or try a different card. This isn’t a Pera issue — it’s your card issuer’s fraud protection.

Can I use Apple Pay or Google Pay? Apple Pay shows on iOS and Google Pay on Android, when the provider serving your region supports them. The Provider and Payment Method sheets show what’s available.

Is KYC required for crypto conversions? Pera doesn’t ask for KYC. The provider’s terms apply, and fiat providers may ask you to verify your identity.

I sent crypto on the wrong network. Can I recover it? Unfortunately, sending crypto on the wrong network usually results in permanent loss. Always verify the network matches exactly what Pera Fund specifies before sending.

Related Articles

• Funding an Account using Pera Fund
• Can I use Pera Wallet in my country?
• Transferring Algo from an Exchange to Pera Wallet
• Transacting with a Centralized Exchange

Need more help? Visit perawallet.app/contact-us.