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06/03/2010. Small Review of Most Used Payment Processors Used In This Industry and Other News.
Articles - Daily News
Written by Peta Wilson   
Saturday, 06 March 2010 06:53

Hi guys! First of all I want to reveal the winners of last contest: zingoulou, wibboo, aphryl1028, lima and sumit2nice. These accounts got credited with $10. You all like to invest in High Yield Investment Programs and/or AutoSurf Programs, but which payment processor should you use? Today I will give you my idea about the most-used payment processors. Here we go:

1) LibertyReserve

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* New logo:

    

LibertyReserve is a payment processor which almost every program accepts. First of all you need to know that they work with a "Paid is Paid" concept. So once you paid someone, you can't ask LibertyReserve to reverze the transaction. Secondly, we don't know who the owners of LibertyReserve are, which can make it a dangerous payment processor. However, because of their low-fees and because you can exchange your LibertyReserve amount pretty easy, it is my number 1 payment processor. Please also know that they already exist for more than 7 years. 

2) StrictPay

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StrictPay is a payment processor which is pretty good accepted in this industry. Like LibertyReserve they work with a "Paid is Paid" concept. However, sometimes the admin of this payment processor reverze some payments (when a program scams for example). The fees of StrictPay are pretty low and StrictPay even has his own debit card. 

3) GlobalDigitalPay

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GlobalDigitalPay is a pretty new payment processor , but I am pretty sure it will be one of the most used in the future. First of all you can compare this payment processor with LibertyReserve: easy to exchange, low fees,... GlobalDigitalPay is made by a famous exchanger: LondonExchanger. They have a very good reputation and for that reason I am pretty sure that GlobalDigitalPay isn't made to scam. With other payment processors we don't know the creators like with GlobalDigitalPay, so more and more people will go from LibertyReserve to GlobalDigitalPay. At the moment more and more programs start accepting GlobalDigitalPay.

4) AlertPay

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You can compare AlertPay a little bit with PayPal. It is a big project. However there are big fees if you use it often and it happens a lot that AlertPay accepts a High Yield Investment Program and suddenly freeze the admin his account. For that reason I don't like AlertPay personally. When you use AlertPay you can easily withdraw funds to your local bank account (when you live in their supported countries). That is pretty nice and for that reason AlertPay is pretty popular. Something, which is good for investors is the fact that you can dispute your transaction. However as I learnt it doesn't happen that often that you get your money back after a program ran away, but it happens. For that reason I would always sent a dispute when a program ran away. Oh and something interesting: AlertPay started in 2005.

5) PerfectMoney

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Like LibertyReserve, PerfectMoney is accepted by almost every program. Why? For the admin it is a nice payment processor as they work with a "Paid is Paid" concept. The fees are even lower than LibertyReserve and you only need to pay a fee when you sent money. However, in my opinion I don't like them that much. Why not? We don't know the creators of PerfectMoney and they are still young (when you compare them with LibertyReerve). And it is also not that cheap to exchange your PerfectMoney (+/- 10%). 

We also have some other payment processors, like SolidTrustPay, but they are not that popular (anymore).

Other news for today:

CottonFunds sent a small update. From now one you can invest via Credit Card when you deposit with AlertPay. You can read the update below:

Hello Investors, friends and associates,
I would like to share with you today that cotton prices jump dramatically, what is great news for all of us. Here is an article you might be interested in.
http://www.thenews.com.pk/daily_detail.asp?id=226835. In short words, we are doing great.
And more great news we accept now American Express, Visa and Master card Payments, just click Alertpay to do so.
Gilbert

NanoMoneyCorp paid some people, but most of the pending payouts (especially the big ones) aren't paid yet. If they don't pay them quickly I am afraid they even can't restart as they will have cashflow problems. Please don't invest in it at the moment. Today I removed all banners from them on my blog. Let's hope that the best program in this industry will return.

 

 

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