Thursday, 1 September 2011

Alertpay - Payment Processor to Know About


One thing I have found with trying to make money online is the number of payment processors out there.  Now like everyone and their grandmother I have a Paypal account.  This however is not the only thing you need when working online.  A lot of websites have a problem with Paypal and some will not even accept it for payments.

To get around this rather large problem you will need to open accounts with some of the other payment processors out there.  Personally I have just opened one with Alertpay because most sites will take this.  Liberty Reserve is another processor that most sites will take.  I just found that it is easier to open an Alertpay to Liberty Reserve.

Registering for an Alertpay account is about the same process as getting a Paypal one.  You just have to go to their website and click sign up now.  There are some things you will need to open the account and they are:

  • A valid email address that does not have an Alertpay account linked to it
  • A physical address for shipping
  • A credit or debit card that is valid
Once you have all of these things you can sign up for your account.  It is best that you validate the account as this is an easy way to have money in the account and to pay people.  Validation of the account can take around 3 days so just keep that in mind.  

There are some problems I have found with Alertpay that annoy me a bit.  The fact that Alertpay and Paypal are rivals in the payment processor industry means that you cannot move money between the two.  Transferring money from a bank account by bank wire will take 2-4 business days and has a fee of $20 and by bank transfer takes 4-6 business days and has varying fees.  The only other option is to send a check or money order by mail and seriously who does that anymore?

Other than these problems I find Alertpay to be quite useful and easy to use.

So if you don’t have an account yet you should get one.  Most online money making opportunities will take Alertpay but not Paypal so you will open up a host of income streams.

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