Egold,Paypal,Alertpay or any other,which isthe best online payment prcessor?
July 13, 2007 4:06am CST
Their are many payment processors available on the internet now a days.The online payment processor which I use is paypal as my default payment processor and e-gold as my secondary payment processor for online transaction of money safely and securely. As the users now use these online money processors a lot so many new payment processors are been made daily.Some of the famous online payment processors are:- E-Gold:-This payment processor is very famous because their are many thing's we can do online with this payment processor.E-Gold is mostly used to invest your money in online HYIP's,sports betting sites,games specially designed for e-gold payment,many earning websites including paid to signup sites give their payouts mostly by e-gold.According to a survey more than 70 percent sites using e-gold are scams. Paypal:-Paypal is another online money processor which is the most famous and has most number of accounts than any other money processors available on the internet today.Most of the websites use paypal as their money processors including e-bay and others.Building up your account on paypal is quite simple but your newly created account is considered as unverified.To verify your account on paypal you have to give them your credit card or debit card information to veriy your account.American members can also verify their paypal account by providing their Bank account information.It is not so important to very your account but to do business on the internet you can verify your account.For verify users paypal cut less tax than unverified users.As you would be knowing that mylot also give their payment by paypal.You can have a unverified paypal account to receive your payment from mylot.The only bad thing about paypal is that it is just available in 120 or so countries and rest of the countries in the world does not enjoy paypal services.They send a check to international members only when they request more them 150 dollars or you cant withdraw money from your account.American members can request their money by the means of bank account as well. Alertpay:-Alertpay has not been so famous amongst the others but its too safe and secure payment processor.They have the facility to refill your alertpay account by credit cards or even by e-gold account.You can easily transact money between both of them when you need.Transaction of money between both the account is instant and does not take much of time. Moneybookers:-This is another payment processor which is growing its members rapidly.Those members who are in those countries where paypal services are not available paypal pays them currently by moneybookers.Moneybookers is also safe and secure way to transact your money online.There are many sports betting sites and gaming sites which accepts moneybookers as their payment processor.After creating moneybookers account you can add your credit card information as well as bank information if you would use those to refill your moneybookers account. Any others:-Many new payment processors are been made day by day but only few becomes famous as most of the people create a payment processor for scamming.Some of the new trusted payment processors which are safe and secure are google checkout,Solarpay and many of others. So,which is the safe and secure payment processor which you consider the best amongst the other and what is the reason behind it?
6 people like this
11 Dec 07
I never heard of the other ones and am not sure whether the other ones are reliable sites or not. I use paypal and till now never transferred money from paypal to my bank account but i heard from people that paypal is the best site and is very reliable to so i use it most of the time and don't use other ones. Thanks for taking your time and giving down all the info though.
29 Sep 07
I think I like this discussion-it raises what has also been bothering me-I have problems using paypal, but as ofnow, am using money bookers, but I for example woul like to pay for programs with my money bookers and i dont see the links so I end up failing to pay for programs i want online, does anybody have clues on how i could pay for any program using my money bookers? I consider it a good processor so far
29 Sep 07
Paypals are scammers, they have a history of suspending accounts on purpose without any reason, in fact, they can keep track of all the incoming payments into accounts, means your accounts in Paypal are scrutinized closely. Paypal is not global, a retired manager of Paypal came afore to confess of having suspended accounts without any reason and usurping the money in them. I would have avoided Paypal even if it was global. You never know until you run into trouble. AlertPay is not global also, have a limited range, not accepted everywhere, most of the sites don't take AlertPay and whats more your identity is always on the line with AlertPay. E-gold is global, easy to fund, easy to withdraw and of course, secured. Even the administration don't have access to your login credentials. But it has a history of running into trouble, sometime by hackers, sometime by DDoS attacks, sometime by Governmental financial institutes. Now their site's enhanced security has made it impossible for general folk to access their site. But there are still ways where you can access your e-gold account from anywhere through anonymous proxies which are free to be found on internet. I would still say e-gold is the best...
21 Sep 07
I signed with all of the ones you have mentioned. As of now, I use PayPal the most since it's available in my country. Having said that, I might consider using AlertPay as well - since not many people know of it and it seems more secure. I have a moneybookers account as well, but I haven't really used it yet...so I can't comment.
19 Jul 07
I use Paypal for paying for the ebay auctions. Since I live in Latvia, I can't receive the money to my paypal account, that it why I am looking for the other service. For now I have fond the moneybookers site, but the problem is that they are very sensitive to the e-currencies, if you tell or mention anything about e-gold in your payments then can block your account and also take all your money. About e-gold - it looks nice, but how to get the money out of the e-gold?
• United States
18 Jul 07
I strongly prefer PayPal as they are very easy to use for Ebay or whatever you want to use it for. I get paid a lot of money into PayPal for the online programs that I work. As far as E-Gold, while I like the extra security, it is very frustrating having to change my password or PIN when I try to login with a different computer, plus since I rarely use E-Gold as most of my programs pay via PayPal.
14 Jul 07
there r many online account holdings company where u can see all there benefits n all there good stuffs.....u don't find ne differences in them so rather i go for payapl account in whic i can find my all facility with which i required.... all others might have better facility but paypal is well known n good reputed company rather than others
• United States
14 Jul 07
I have only used PayPal but I like it because it's run by a legitimate business and they are careful about their customers. I also like the fact that I was able to get a debit card from them so when my family has needed to send money to me, I have access to it in a matter of a few minutes. I've found them to be very secure and they look out for me as one of their customers. And they have good customer service.
• Marion, Kansas
14 Jul 07
I only have direct experience with Pay Pal. I have my myLot money moved there at the minimum $10.00 payout, because for the United States members, Pay Pal offers moneymarket interest rates. It averages just a little over 5%. I do not earn a lot there, but it is still money coming in, and every penny counts. I think I may have an e-gold account, somewhere, but have never used it to any degree. I have heard that the US Government is investigating it or something, so I, as a US citizen, do not want to risk losing anything I might earn there. Too bad, as I know of an investment site I would like to take advantage of. I appreciate the information in this post.
13 Jul 07
Certainly not nochex! haha. I have tried several.. Paypal seems the most convinient, but it's a really big pain when you pay your ebay bills (sellers fees) and then get cut from Paypal during the payment, and then get cut again when try to transfer it to your bank account.. cheeky monkeys!
13 Jul 07
Since i joined mylot, i've been with pay pal. As for the others, it is not available in my country. However, i found out that i have to pay a few transaction fee. First, when i want to activate my credit card joined to my pay pal, then if i transfer pay pal amount less than $200, there is another surcharge. I didn't realise before that pay pal has so many surcharges for its usage. - Lyn
13 Jul 07
we all know that these are all online payment processors. each of them has its good points to share. since paypal is not available in country to receive money from anywhere, i would vouch for e-gold and moneybookers. i have been using e-gold since i joined mylot but lately mylot changed it to moneybookers. what i personally don't like with moneybookers is the transaction fee for every withdrawal you make from them which charges its members up to $2.40 which is quite high. so i still would like to use my e-gold because of its lower fees and easy transfer to your local banks.