I know some of you have been wondering, "Once I earn all this money this woman keeps talking about, how will I spend it?" That answer is more simple than you think . Although a few companies online still mail paper checks to your address, the majority of online firms use Online Payment Processors to handle all incoming and outgoing payments. If your goal is to earn online, it makes perfect sense to obtain one or more accounts at different services.
Think of Online Payment Processors as an online bank account. It provides a way for online businesses to make multiple payments to multiple payments to several debtors at once for a low cost; while protecting their banking information and keeping. This service also protects individuals who sign up by giving them the ability to make purchases and receive payments online, without having to reveal banking information or credit/debit card numbers.
Choosing an Online Payment Processor
Do a search on Google for Online Payment Processor and you will get results for thousands upon thousands of companies to choose from; however, when speaking about online earning, you will hear two company names most often: PayPal and AlertPay
PayPal, the name you'll hear most in the online earning community. This site is the most widely used and most reliable payment processor online today. On E-bay, you will be hard pressed to find a member who will deal with a person not using PayPal on either the buyer or seller side of the table. This is because PayPal offers buyer protection, where both they buyer and seller are insured by PayPal in their transaction. It is also the most widely used for online businesses to both receive and make Payments.
AlertPay, what I would call the "B" grade processor online. Although very similar to PayPal, this processor is used by online businesses who are infinitely smaller than the norm at Paypal, and also types of business not allowed to join PayPal.
*NOTE* Although this doesn't instantly qualify a website using this processor as a "scam" website, as PayPal's terms of Service are very strict; however, a company that does use this payment method does deserve a closer eye.
Creating Your Personal Payment Account
To create your account is basically the same for both sites mentioned here. Both consist of an application, which takes less than a minute, and then the verification process, which can take up to 5 business days. Before you begin, you should have a secure e-mail account that only you will use, and a routing and account number for your checking/savings account, or a credit/debit card number handy. (If you have none of these, read further how to solve this issue)
Go to either website mentioned above (I suggest starting with PayPal, as it is the most widely used. You can sign up for AlertPay once you come across an opportunity where its necessary.) and click the "Sign Up" link. Once you have completed your profile, you will be taken to your back office. Here, you will see a link that says "Confirm Your Bank Account/Credit Card". This is a necessary step, as your account will not be verified to receive payment until this process is complete.
Activating this process places two small deposits in the account you listed; usually not totaling more than $0.25. These deposits usually take two to three days to appear in the account. Once they do, complete the verification process by listing the amount of both deposits in the appropriate form in your back office. Once that is done, you are ready to receive payments online using no more than your e-mail address, and you can transfer the money to your account with a couple of clicks!
No Bank Account? No Problem!
For those of you who don't have a checking/savings account, nor a credit/debit card to sign up with; or are still uncomfortable with using your personal information online, even with these trusted companies; a PrePaid Debit Card can be the solution to this issue.
Prepaid Debit Cards can provide an online financial identity for those who have no other means to provide one, or would like to keep their online budget separate from others. You can load this card with money, either directly from a bank account or in person at one of their payment stations. These debit cards can be used online to make purchases, wherever Visa and/or MasterCard is accepted, and you can also use these cards to verify Online Payment Processing accounts; with some either as a debit card or a checking account (many cards come with routing and account numbers)
Again, there are many places where you can get a Prepaid debit card, both on and offline. Instead of wading through the many choices you have, I will recommend one who has features I have yet to see copied. It its AccountNow. It has the basic features of being able to load money and use it as a checking account, but what makes this service stand out for me is:
- You have the option of depositing at MoneyGram, Western Union, and even PayPal!
- You can get direct deposit on this card from your employer or government benefits, which waives the monthly fee of $9.95 once activated
- You can improve your credit score by using this card to make your regular monthly payments such as Gas and Electric or Cell phone bills.
- *You get a $10 bonus for signing up and making your first deposit, then $20 for every person you refer to AccountNow
Now, at last you know you you will get the money you earn online from your computer to your pocket, where it belongs lol. Stay tuned for my next post, where I will give you a little glimpse into the Welfare part of my life in this journey from Welfare to Wealth; or what I like to call, Kenya's balancing act. Then after that, the post that you've signed up to read; "9 Simple Ways You can Start Earning online Today Free!!!" Until then people!
