Paypal Alternative To Merchants or Webmasters
PayPal might be the current number one company for sending and receiving money online, but does that mean that they’re the best? Certainly not because Alertpay is also very good.
We’re going to take a look at one of PayPal’s chief rivals, AlertPay, and see how they stack up against the king of the hill.
People who do a lot of online business know that PayPal’s fees can cut a huge chunk out of their profit margins over time. PayPal’s current fee structure is about 2.9% when receiving funds from sources other than from a PayPal balance while AlertPay runs at 2.5%. It doesn’t seem like a huge difference, but for the person that conducts a lot of transactions, it adds up to more money in profits. While both companies make it free to send money, only AlertPay offers a Starter Account that allows people to receive money for free. This is a huge benefit to the casual user. Also, AlertPay offers several account choices designed to accommodate different needs while PayPal seems to have a one-size-fits-all account.
AlertPay is also a good fit for the online merchant because their fees are competitive and users won’t have to deal with high chargeback rates like they do with other companies.
Online merchants typically have to deal with orders that are placed from outside their respective countries, which means that they need to accommodate different currencies. As of this writing, PayPal supports 18 currencies while AlertPay supports 22. In the area of countries supported, AlertPay beats PayPal by a wide margin with 206 supported countries compared to PayPal’s 17.
When dealing with money, credit cards and bank accounts, security is of the utmost importance in today’s online business world. Both companies offer good security measures, but AlertPay goes a step further with their Know Your Customer Policy. This policy ensures that the user’s identity is kept private throughout the transaction. In addition, all funds deposited in AlertPay accounts are insured through the FDIC and Canada Deposit Insurance Corporation.
While PayPal is good at what they do, anyone who has had a customer service issue knows what a nightmare it can be to get a problem resolved. AlertPay employs qualified support specialists who are dedicated to resolving issues promptly and fairly.
It’s clear that by comparing the services head to head, AlertPay comes out as a better alternative to sending money than PayPal. PayPal is number one mainly because they were first out of the gate and were adopted early on by eBay users, but if you’re looking for a better, less expensive and more secure way to send and receive money online, check out AlertPay at “AlertPay”