ONLINE PAYMENT PROCESSORS REVIEW.

EVERY BUSINESS MAN WHOM WANTS TO TAKE HIS BUSINESS TO THE NEXT LEVEL MUST MOVE WITH THE TIMES AND SINCE WE ARE IN A TECHNOLOGY AGE,AS A BUSINESS MAN YOU NEED TO HAVE A WEBSITE AND IF YOU SELL THINGS YOU HAVE TO PROVIDE YOUR CUSTOMERS WITH A FLEXIBLE WAY OF MAKING PAYMENTS ON YOUR SITE,IF YOU ARE A WEBDESIGNER YOU NEED THIS REVIEW TO OFFER YOUR CLIENTS QUALITY CONSULTANCY SERVICES ON THE BEST FOR THEM TO USE,I IMPLORE YOU TO PLEASE TAKE THIS REVIEW SERIOUS.

BEFORE I START,I WOULD LIKE TO TELL YOU THAT AN ONLINE PAYMENT PROCESSOR IS A COMPANY THAT OFFERS YOU THE ABILITY TO ACCEPT PAYMENTS ONLINE FOR EITHER LITTLE OR NO FEE AT ALL.THEY ARE NOT JUST ANY COMPANY BUT THEY ARE REGISTERED COMPANIES THAT HAVE A NAME TO PROTECT AND SO THEY WON'T STEAL YOUR MONEY FOR WHATSOEVER REASON RATHER THEY WILL HELP YOU SECURE YOUR MONEY.THERE ARE MANY ONLINE PAYMENT PROCESSORS OUT THERE BUT TODAY I AM GOING TO REVIEW THE OLDEST,MOST PORPULAR AND MOST TRUSTWORTHY THREE AMONG ALL THE HUNDREDS.

1) PAYPAL:

NOW THE FIRST,OLDEST AND MOST TRUSTWORTHY AMONG ALL THREE IS PAYPAL.THIS COMPANY HAS BEEN AROUND FOR OVER 5 YEARS NOW AND THEY HAVE BEEN KNOWN TO OFFER QUALITY SERVICE,THEY ARE THE MOST WIDELY USED PAYMENT PROCESSOR IN THE WORLD.NOW EVEN WITH ALL THEY DO THEY HAVE SOME SHORT COMINGS LIKE;

A) THEY DON'T ALLOW EVERY COUNTRY TO WORK WITH THEM:THIS IS BECAUSE THEY CONSIDER SOME COUNTRIES AS HIGH RISK COUNTRIES E.G NIGERIA,SO ANY BUSINESS MAN WHOM WANTS TO USE THEM HAS TO FIRST SIT DOWN AND THINK THAT WHICH COUNTRY WOULD HE GET HIS MAJOR MARKET AND MUST CHECK IF PAYPAL ALLOWS THAT COUNTRY TO WORK WITH THEM BEFORE HE CHOOSES PAYPAL.

B) THEY PLACE CERTAIN RESTRICTIONS ON SOME COUNTRIES:THIS IS BECAUSE SOME COUNTRIES ARE NOT COMPLETELY HIGH RISK COUNTRIES BUT HAVE SOME LEVEL OF RISK. SO THEY GIVE THIS COUNTRIES SOME PRIVILAGES. LIKE SOME COUNTRIES ARE ALLOWED TO SEND CASH BUT CAN NOT RECIEVE CASH E.G SOUTH AFRICA.SO IF YOU WANT TO CHOOSE THEM YOU MUST CONSIDER YOUR TARGET COUNTRY AND CHECK THEIR PRIVILAGES BEFORE CHOOSING PAYPAL.
 THIS PAYMENT PROCESSOR IS STILL THE BEST DESPITE ALL THE ABOVE POINTS THIS IS BECAUSE;
A) THEY HAVE BEEN STANDING FOR OVER FIVE YEARS NOW.

B) THEY MAKE SURE YOUR CASH IS SECURE.

C) THEY ALSO HELP PROCESS CREDIT CARD PAYMENT.

2)

THIS IS ANOTHER VERY GOOD PAYMENT PROCESSOR COMPANY I USE THEM TO ACCEPT PAYMENT FOR E-BOOKS ON MY BLOG.THIS COMPANY IS STILL NEW ACTUALLY THEY HAVE JUST BEEN STANDING FOR JUST OVER 3 YEARS NOW.DESPITE THE WHOLE GOOD THINGS ABOUT THEM,THEY STILL HAVE SOME PROBLEMS YOU AS A BUSINESS MAN YOU MUST CONSIDER.;

A) THEY ARE STILL YOUNG AND SO THEY NEED SOMETIME TO BE STRONGER.

B) THEY WERE FORMALLY CALLED ALERTPAY AND THEY CHANGED THEIR NAME ALL OF A SUDDEN,THIS KIND OF CHANGE IS ONLY CAUSED BY A FEW THINGS,

i) THE COMPANY IS NOT WELL MANAGED AND SO THERE WAS A PROBLEM.

ii) THE COMPANY WAS SOLD OUT TO ANOTHER COMPANY AND THIS SHOWS THE COMPANY IS NOT STANDING STRONG.

iii) THE COMPANY JUST DECIDED TO CHANGE THEIR NAME TO OFFER YOU BETTER SERVICE.

C) THEY DON'T HAVE ANY COUNTRIES THAT ARE SEEN AS HIGH RISK COUNTRIES,SO SUCH COUNTRY'S HACKERS COULD BE CAPABLE OF DESTROYING YOUR FUND.

  DESPITE ALL THE  PROBLEMS ABOVE, THIS COMPANY HAS SOME EXCEPTIONAL CHARACTERISTICS;

A) THERE HAS NOT BEEN ANY RECORD OF INSUFFICIENCY SINCE THEY STARTED SO THEY ARE DEPENDABLE.

B) THEY ALSO OFFER CREDIT CARD PROCESSING SERVICES LIKE PAYPAL.

C) THEY ACCEPT EVERY COUNTRY GIVING YOUR BUSINESS A LEVERAGE OF EXPANDING WORLD WIDE.

3) LIBERTY RESERVE:

THIS IS ANOTHER GOOD PAYMENT PROCESSOR COMPANY THEY OFFER QUALITY SERVICE TO THEIR CUSTOMERS.THEY HAVE BEEN AROUND FOR QUITE SOMETIME NOW ,THEY ALSO HAVE SOME THINGS YOU NEED TO CHECK;

A) THEY HAVE A LOT OF THIRD PARTY MERCHANT WHICH ARE NOT AVOIDABLE IN ANY WAY,WHICH MAY CAUSE YOUR MONEY TO FALL INTO THE WRONG HANDS.

B) THEY DON'T HAVE ANY HIGH RISK COUNTRY,SO JUST LIKE PAYZA HACKERS FROM THIS COUNTRIES MAY TRY TO TAMPER WITH YOUR CASH.

C) THEY DON'T ALLOW DIRECT WITHDRAWAL OF CASH YOU MUST GO THROUGH THEIR NUMEROUS THIRD PARTY MERCHANTS TO WITHDRAW YOUR CASH.

DESPITE ALL THE ABOVE THINGS YOU MUST LOOK AT AS A BUSINESS MAN THERE ARE STILL SOME ADVANTAGES;

A) THEY HAVE BEEN AROUND FOR QUITE A WHILE NOW SO THEY ARE DEPENDABLE.

B) THEY TAKE LOTS OF MEASURES TO AVOID YOUR ACCOUNT FROM BEING HACKED SO THEY ARE SECURITY CONSCIOUS.

C) THEY HAVE ENLISTED ON THEIR WEBSITE THE MOST LEGAL MERCHANTS CRETIFIED BY THEM.

D) THEY OFFER CREDIT CARD PROCESSING SERVICES.
 
NOTE: PLEASE THIS ARTICLE IS NOT MEANT TO HURT ANY ONE,BUT IT IS MEANT TO ENABLE THE RESPECTIVE COMPANIES IMPROVE THEIR SERVICES AND THEN THE BUSINESS MAN TO MAKE HIM MAKE THE RIGHT DECISION.