Payment Processors the key to your money

Payment processors such as PayPal, AlertPay, Moneybookers and e-gold are key to making money online.  Without them everything would be done with credit cards and things would get very confusing very quickly.  PayPal is probably the largest payment processor at this point with around 150 million accounts by my best guess.  They also are one of the oldest payment processors, being around since late 1999.  They also have operations in hundreds of companies.  PayPal is a great company to have an account with as you can do business with so many different people.

AlertPay is another payment processor based out of Canada.  AlertPay, according to DNS records, was founded on October 30th 2005.  Otherwise, their history is very difficult to track.  They have no Wikipedia article of anything about it on their website.  However, AlertPay is the payment processor of choice for many Paid to Click sites.  Paid to Click sites are no longer allowed to use PayPal as a payment processor due to PayPal’s Terms of Service.  While PayPal has blocked out this large source of income, AlertPay has welcomed it with open arms.  The disadvantage with AlertPay is that many of the bank transfers take a long period of time to get to and from your bank account.  In my experience, they have usually taken around 5 business days.

Moneybookers is a payment processor based out of the United Kingdom.  They offer a different twist on payment processing.  They allow many transactions considered to be “high risk”.  These include paid to click sites, casinos and pornography sites.  They have very stringent rules of money laundering.  Also, there are no fees to the person who is receiving money.  The downside once again with Moneybookers it that their support is not very good.  They also have fees for everything, sending money, getting a check, using a credit card, getting a deposit in the bank.  It is really overkill and if they would eliminate some of the fees it would be very nice.

Revolution Money Exchange or RME is a payment processor based out of Florida.  They are very new launching in 2007.  They offer $10 for every new account you get to sign up.  They do require you to give out your Social Security Number, therefore only U.S. residents can have an account.  They have very low fees with no send/recieve fees and free bank transfers.  A check from Revolution Money Exchange costs $2.50.  I have not had to call Revolution Money Exchange support, so I have no comment on their support.  They seem like a nice payment processors overall.

The one payment processor I would avoid entirely is e-gold.  They have been the subject of a federal investigation and nearly all of their transactions are considered to be high risk.  They have been caught doing some illegal activities and they company itself is not very ready to help you if you have any problems.  Use on of the four above, they at least have some policies in place to help you should you need it.  I hope you enjoyed this review of different payment processors.

ChaCha

ChaCha is an online people powered search engine.  They pay people to answer text message queries about nearly anything.  You get $0.20  per text query you answer and it can add up rather quickly.  You can either get paid via a EFT at the end of the month or via a special bank account that can only be setup through ChaCha.  This bank account comes with a Visa check card that you can use to buy things just like a normal Visa card.  The thing about ChaCha is that it is very specific about who it lets in.  You must be someone who is from the United States, knows a fair bit about the internet and able to legally work within the United States.  You have to go through the ChaCha guide academy, which consists of test queries that are analyzed by ChaCha and then it is determined whether or not you are allowed to become an employee.  Don’t worry, it is a simple enough process and ChaCha makes it clear throughout.  If you become a ChaCha guide it is a rather nice way to make a few extra bucks.  Their guide team is one of the best in motivating you to take on more work.  Don’t worry if you do not know how ChaCha works at first, they are there to help you and will make sure you get all the training you need to help people.  Have fun with a different job and help others at the same time.

Join ChaCha

TakeTheGlobe

TakeTheGlobe is the only Paid to Click site that I can recommend.  They make it easy for you to earn your money and they actually live up to their word.  With usually 30-40 ads daily for regular members and as many as 100 total for premium members they make it worth visiting.  You can also buy banner ad space and referals.  TakeTheGlobe is currently paying members on a 30/60 schedule.  30 business days after requesting cashout premium members are paid and 60 business days after requesting cashout regular members are paid.  All payment are made via AlertPay.  AlertPay is one of the best payment processors out there and you can register an account easily.  If you have any questions, I am a staff member at TakeTheGlobe.  Yes, I am a staff member but that doesn’t mean that hundreds of others haven’t said great things about TakeTheGlobe.  Join up today and see what TakeTheGlobe is all about.

GoDaddy Discounts

While I am not going to do a whole hell of a lot of posts with discount codes in them I thought this was a good idea because I see just how many people are getting ripped off every single day and it ticks me off.

Enter these codes at checkout at GoDaddy to save a heck of a lot of money!

DSC1-10% off any order
DSC3-$6.95 .com registration/renewal