PayPal vs AlertPay: Which is the best online payment processor?

If you want to set up online business or you just want to shop on the Internet the easiest way how to send and receive money are online payment processors. These programs are like online banks. You can deposit and withdrew money from your online account, send and receive money from other people. It is simple and it is free to set up. There are many providers of this service. I think the best know is PayPal which was the pioneer in this industry. Later more money processors were created. The second well known money processor is AlertPay which is often considering as main competitor of PayPal. So let’s have a closer look at these two online payment processors what are the differences and which one is better?
AlertPay

Alertpay is well established company which has been in the business since 2004. And become fast the main alternative for PayPal.

The basic features of AlertPay are deposit, withdrew, send and receive money. You can add funds to your AlertPay account easily and you can chose from various ways such as bank account, credit card, debit card and checks. AlertPay is connected with big companies like CNN and VISA so you don’t have to be worry about your funds.

Alertpay offers 3 types of account:

• Personal Starter Account – this is basic account which allows you to shop and receive money. Since this kind of account was not meant to be for business there are limits set for receiving money. You can receive up to $400/month or $2000/year. Also you can not receive money by credit card. The good thing is there are no fees charged when you send or receive money.

• Personal Pro Account – this kind of account is good for affiliate programs or small businesses because there are no limits for receiving money. You will be able to use special online selling tools such as receiving money by credit cards, mass payments, website payments, „buy now“ buttons, subscription and recurring payments and more. There are fees set on receiving money in amount of 2,5% + $0,25 or 5% + $0,25 (when you receive money by credit card).

• Business Account – this kind of account was design to meet all needs of online business. You will be able to manage your business account under your business name. This kind of account offers all benefits of Personal Pro account and add new features like managing multiple online businesses with one account, integrate AlertPay into third-party applications and more while the fees remain the same.

Support
If you need to contact AlertPay you can use support ticket system, you will receive the respond usually within 24 hours. In the case of emergency you can use support phone number.


PayPal

PayPal is number one online payment processor which is owned by eBay Company. It offers all the standard features like deposit, withdrew, send and receive money. Establishing of account is free of charge.

PayPal offers 3 types of account:

• Personal Account – it is standard account tailored for ordinary internet user. You can shopping online or send and receive money from other PayPal users mostly without any fees. These accounts are mostly used for buying.

• Premier Account – is designed for small online business. You will be able to buy and sell using your personal name. Also you are able to accept credit card, debit card and bank account payments.

• Business Account – is used for all kind of business. You will be able to sell and buy using your business or company name.

Fees are different they depends on where you live, but they are in range of 1,9% – 3,9% + $0,3.

Support
You can contact PayPal through email or phone.

In conclusion I think for business purposes it is the best when you use both processors. PayPal is a must in online business it adding more trust and respect to the business owner, it can be used in more than 190 countries worldwide. AlertPay offer very nice design and it is great alternative for PayPal because you can withdraw money also in many countries which PayPal not support. For personal needs I will prefer PayPal because most of online sellers accept this processor while many don’t accept AlertPay.