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You are here: Home Business Payment Systems

Payment Systems

General Information

We frequently receive phishing emails for most Pay Processors and even regular banks.

When the message has a link to enter the site and give your account details, you can be sure you're on a phishing site and I don't take the time to check the mail out (where it came from etc.) Tongue out

I just delete it.

Anyway, all serious payment processors never ask you to enter their site from an email message, never do it!!

Always enter your account the regular way and check if there is something wrong with your account, or the site has done some updates.

SolidTrustPay

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SolidTrustPay Payment systemSolidTrustPay is a Canadian company. It's operating for quite some time. I have been a member from the beginning.

STP is good for the usual online business as well as MLM, Affiliate and Network Marketing, Traffic Exchanges, Matrix models, even PTC/PTR, Membership & Subscription companies, auction sites e.g. eBay.

The choice of a Payment Processor depends always on the country you're in and the the sites to get involved with.

Check carefully the funding and withdrawal methods available in your country.

 

 

Last Updated on Wednesday, 14 January 2009 23:09

LibertyReserve

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LibertyReserve Liberty Reserve is incorporated under the laws of Costa Rica.

Liberty Reserve is a 100% irrevocable payment system and digital currency. You can send or receive money to or from anyone in the world. Special features include: Get paid, stay paid - unlike credit cards, all payments are irrevocable. You can even send payments to many users at once using the batch pay option. Pay your bills - Just use any of our approved exchange providers to send a check to you or anyone and anywhere in the world in exchange for your Liberty Reserve funds. Liberty Reserve is protected by an offshore Trust, and is at all times backed 100% by U.S. dollars for LR-USD accounts, and by gold for LR-gold accounts, etc.

Be aware, for funding or withdrawing your money to/from your LR account you will have to use a currency exchange service (see under Currency Exchanger). The fees for LR transactions are very low but in addition come the fees to withdraw/fund with an exchanger. So the cost of using a LibertyReserve account depends much on the frequency and amount you exchange your cash. On the website of Liberty Reserve is a list of exchanger services, it depends a lot what country you're in which is the best to choose.

Last Updated on Wednesday, 14 January 2009 23:08

PayPal

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PayPalThe PayPal Business Account features:

 

  • Low cost. No start-up or monthly fees, no cancellation fees, and no minimum payments. Lower transaction fees than other merchant accounts
  • Quick setup. Sign up and get started in minutes. No extra software or hardware needed
  • Security. As an industry leader in fraud prevention and risk management, PayPal has 60%-70% lower fraud loss rates than other merchant accounts
  • Network of buyers. One in three online buyers in the U.S. has a PayPal account, and over 58,000 users worldwide sign up for PayPal each day.

You may open an account here

Last Updated on Wednesday, 14 January 2009 23:11

MoneyBookers

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MoneyBookersMoneyBookers is a leading international online payment system and electronic money issuer authorised under UK and EU law and regulated by the Financial Services Authority (FSA) in the UK. They are already doing business for years. They have a pretty big list of countries where it’s possible to withdraw money to your bank account. Check their low fees for your specific country. Check the website as they support many countries with local payment methods (low fees for withdrawal)

To get to verified status is quite easy:

  • you request to be verified
  • they send a letter with a code to your physical mailing address
  • you enter the code on special webpage
that’s it, you’re verified customer. Very easy and safe (no personal data to send over to them at all.

Below are just some features which make our service easy to use:

  • Once registered with Moneybookers, all you need is your email address and password to make payments
  • You can send money worldwide to anyone with an email address – even if the recipient does not have a Moneybookers account yet
  • Register (if you wish) all your credit/debit cards and bank details with Moneybookers and use them to pay at over 3500 online shops. This means that you don’t need to provide them each time you want to purchase goods and services online
  • Moneybookers provides a localised service with 12 supported languages and domestic payment options in over 30 countries
  • All your transactions can be found in the history section of your account which can be accessed at any time. This data can be exported to an excel file if you want to have a digital copy of your Moneybookers transactions
  • Moneybookers provides additional services such as sending SMS and faxes
  • Our online Messaging Centre reduces unnecessary emails and enables our Customer Service Department to deal with your queries more efficiently.
Last Updated on Wednesday, 14 January 2009 23:10
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