Alertpay Reviews - Alertpay the next best payment processor to paypal.

Alertpay was founded in 2004 by Firoz and Ferhan Patel in Montreal, Canada with a mission to simplify instant online transactions. Since then Alertpay has emerged as world's leading payment processors. Spread over 190 countries and 8000 users signing up daily, Alertpay is one of the safest and convenient payment processors for your online transactions. I thought of writing a review on Alertpay because I have been using it personally since past 3 years without any problem. With a lot of people getting troubled by paypal, the need to have a back-up payment processor has arose and its high time people should consider using Alertpay as a back-up to paypal or primary payment processor as per their wish.

Here is what you can do with Alertpay :-

• send remittances
• exchange currency
• earn money
• manage an online business
• shop online with a credit card
• send invoices
• deposit and withdraw money
• pay salaries, commisions, referral rewards and bonuses.
• work under your company name
• expand your customer base.

Alertpay gives you option to open 3 types of accounts, they are as follows :-

Personal starter account :- A perfect account to send and receive money.  Monthly receiving limit of this account is upto 400$ and a cumulative lifetime receiving limit of 2000$. You can use this account to shop online securely  and use credit cards for payments. Sending and receiving money is free.

Personal Pro account :- This account gives you access to numerous online selling tools to help you succeed on the web. Receiving fee is 2.5 % + 0.25$ per transaction. You can accept credit card payments. You also get website payment, buy-now buttons, subscription and recurring payments. Can send payment to group of people with Mass pay facility. You get instant payment notification to your servers.

Business account :- This account is tailored to meet all the needs of your online business. If you are managing a business, under a business name, this account is for you. The benefits you get are more or less similar as the personal pro account with some additional facilities for business purpose. Transaction fees are same as personal pro account.

I have written this review because I have personally been using Alertpay since 3 years and never had a issue and I also know many business websites who have been using Alertpay with great satisfaction. They introduced paypal but, often paypal's system creates problem for people and in such cases an alternative payment processor could be of immense help for you to keep your business going without any distractions.

Update:-  Alertpay has changed its name to Payza.

Paypal Review

Located in San Jose, California, PayPal was founded in 1998 and was acquired by eBay in 2002. I know that you all are very familiar with Paypal which is one of the world's widely used payment processor for payment processing or transactions over internet. I know that a great payment processor like paypal does not require any reviews but still I thought that it would be a nice thing to post a short review about paypal for the reference of those who are searching for the proof of validity of paypal as a genuine payment processor.

Here are some of the advantages/merits/pros of Paypal :-

1> It is the most widely used payment processor than any other payment processor over the internet.

2> By having Paypal as your primary processor your chances to do a transaction in any nook and corner of the world increase significantly.

3> All the Business2business sites, E-shops, E-sellers, and those selling goods and services accept Paypal.

4> Has the lowest transaction fee which is 1.9% to 2.9% + 0.030 USD depending upon the kind and amount of transaction.

5> PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, PayPal Smart Connect or account balances, without sharing financial information.

6> PayPal has received more than 20 awards for excellence from the Internet industry and the business community.

7> You can receive funds quickly from anyone with an email address in the 190 countries and regions that accept PayPal.

8> Best and safest payment processor for Merchants, E-businessmen and non-profit organisations to send and receive money.

9> The customer service and support is very good and fast. I have always got the answers to my queries quickly by their support staff.

10> Indian users get a great facility to withdraw money directly to their bank accounts.

Disadvantages or Demerits or cons of Paypal :-

1> Paypal is not available to some countries like Pakistan.

2> For Asian countries like India, there are strict restrictions where you cannot send or receive money from other people with using a credit card. This is due to the Rules set by the Reserve bank of India.

3> According to new rules by Reserve bank of India, Indian users cannot keep money in the Paypal account for more than 7 days, the money kept more than 7 days will be automatically transferred to the Government of India.

4> The verification procedure of paypal is stricter than any other payment processors.

Conclusion :
Paypal is tbe best and safest of the payment processors which is widely used around the globe.