I just want to know which is the best payment processor?
By hafiz_saad
@hafiz_saad (246)
Malaysia
2 responses
@cambiste (1244)
• India
18 Sep 08
they all have their drawbacks.
paypal has "unreasonably" high fees.
e-gold has high exchange fees and is now very unpopular since e-gold accounts cannot be created. besides, its only an ecurrency, not a processor.
alertpay has the habit of closing accounts without reason. many have lost $3000+ in AP.
but paypal is te most secure, and e-gold has the lowest fees.
i recommend you use paypal.
2 people like this
@mysdianait (66005)
• Italy
18 Sep 08
If you have a 'Personal account' with Paypal are there fees too? 
2 people like this
@cambiste (1244)
• India
18 Sep 08
no, its not a prob.
the thing with e-gold is that its owner was sued by the FBI for operating a moneytransaction business without proper license. this is a long story, and finally Douglas Jackson, the owner, pleaded guilty to this fater a few years of denial.
so, this november, he'll he facing a trial in court. anyway, creating new e-gold accounts are temporarly disabled.
hence its popularity is also gone, as new customers cant sign up
2 people like this
@myliezl0903 (2726)
• Philippines
18 Sep 08
hi there! for me , paypal is the best payment processor cause you can use it in to pay online or in ebay., and they just deduct 50 pesos / $1 in my account when i withdraw my money., 
im happy with their service., have a nice day ahead!
im happy with their service., have a nice day ahead! 1 person likes this
@hafiz_saad (246)
• Malaysia
14 Oct 08
Really great you can withdraw with a low service charge.Do you withdraw it to bank account or credit/debit card?
