When you are planning to venture into online market especially joining HYIP programs, cycler and any other online money making-- first thing you should do is to have yourself an online money processor.
What is online money processor?
It is a link between you and the site/program you want to join. It is like a bank in offline world. Before you can make any payment online first you need to register to any of this payment processor. It is FREE! This is where you deposit your money--either from your credit card, through bankwire or by buying directly to people who do buy and sell of this fund or it called e-currency money.
What are the uses of this online money processor?
As the name itself, it says "online money processor"obviously we use this to pay our online purchases (amazon,ebays and over a thousands of online store) , and investing & paying online programs (PTC, HYIP, etc,) . Also, if you do an online work like blogging--most of the time advertiser/client pay you online thru one of this money processor.
What are those money processor?
Paypal (PP)- It is one of the most "love way" money processor online as PP describes it. You can use this to purchase/pay. over a million store online. A Blogger's must have money processor. HYIP is a no no to Paypal. They cater mostly on online stores and recieve's payment for online services.
Liberty Reserve (LR)- This money processor is base in Costa Rica. You can also deposit your gold to them. They also had many feature services like exchanger. If you want to convert your LR fund to Paypal they had exchanger partners for that or if you want to receive your money to your bank they had exchanger for that. They accept HYIP's site.
Solid Trust Pay (STP)- Just like liberty reserve they also accept HYIP's programs they also partners to some online stores. STP offers 3 unique account types personal, business and corporate accounts.
Payza (PZ)- This money processor is formerly known as Alertpay. They change this to Payza I think late last year. We use this to pay some program and investment sites. They don't cater HYIP programs.
Ego Pay (Epay)- A sister site of Payza. This is barely new to world wide web.
Perfect Money (PM)- they more like of liberty reserve-they also buy gold. Has personal and business account type. Also make payment for goods and services in internet shops.
Planning to venture online? get yourself an online money processor now and enjoy online market.
Cheers! :)
