Friday, February 20, 2009

Payment Processors

Congratulations! You've finally made some money online. Now, where are you going to keep all of that cash? Fortunately there are solutions. For the sites that pay you by check, you can simply cash at your local bank. Other sites pay you straight to your PayPal or AlertPay account. I've added some additional information on both of these payment processors below.


Sign up for PayPal and start accepting credit card payments instantly.

PayPal

  • Personal Account Fees: None!
  • Business Account Fees: $0.30 + 1.9% USD per transaction
  • Referral Program: Start earning 0.5% of your referral's revenue — up to $1,000.00 USD — for the first 12 months that your referral has his PayPal account.
  • Money Market Program: Earn some interest on your money while it is sitting in your PayPal account. Current the rate is just under 1% APY but it pays better than most savings accounts. Just another way to watch your money grow!



AlertPay
  • Personal Starter Fees - None!
  • Personal Pro Fees - $0.25 + 2.5% USD per transaction.
  • Request a Check: $0.50 USD
  • Referral Program: After someone you have introduced to AlertPay has more than $250 in transactions, then you will receive $5.00. After 10 people have done this you will received $10 when someone has more than $250 in transactions.