Lesson 3 - Basic Training Series
Become Familiar with Internet Marketing Essentials

 Lesson 3Payment Processors

     In today’s world we demand security. With identity theft on the rise, you have to have it. Internet payment processors can be the best thing sense sliced bread, or your worst nightmare. 
As always use common sense when giving your personal financial information to anyone.

If you have a check book or credit card of any type then you have used a payment processor of some type. In the age of the world wide web so many things are being bought and sold each year, it adds up into the BILLIONS of dollars. That’s where payment processors come in at. You can use them to pay for products in other countries too. You are no longer limited to writing a check in your city. Use your bank account all over the world with confidence and peace of mind.   

Have you ever heard of E-bay and PayPal?
This is the tip of the iceberg. 
There are so many payment processors out there than I can name. 
There are things that you want to look for in a payment processor.

·        Accessibility

·        Both user and seller friendly

·        Ability to exchange foreign currency from your currency.

·        It is important that you know the limitations and exclusions of your payment processors as well as the TOS 
( Terms of Service )

We will talk about 3 payment processors in particular and why some differences between them.

 ALERT PAY

Alert Pay is extremely user and seller friendly with nice security features. They are able to transfer money for goods and services all over the world. Their fees are low compared to others like PayPal. 
I highly recommend Alert pay for your primary processor ground work. It seems most companies are switching to Alert Pay for their security features and versatility.

After you have created your Alert Pay account, Alert Pay will make 2 small deposits into your banking account.
This will normally take 5 to 7 business days. When you see the deposits immediately go into your Alert Pay back office and verify the deposits. This will verify you account and open it for funding. 
You will also need to mail documentation to Alert Pay to prove who you are. Mail requested documents to:

AlertPay(Inc) - 5200 De La Savane, Suite 220 - Montreal, Quebec – Canada - H4P-2M8

If you mail your information with in the same time frame as waiting for the deposits, you will be ahead of the game.

If you run into issues you can phone Alert Pay at (514)748-5774

After funding your account you are all ready to go.
It is critical for you to fund your payment processor to avoid any mishaps with missed or late payments for any subscriptions you may have. For example if you were to have a subscription, and on the due date your payment processor had no funds, the delay to transfer funds from your bank account to your payment processor then to the subscription, may cause subscription canceled or suspended for non-payment.

Be Smart about Your Business and Your Money.

Pay Pal

PayPal is the industry leader in payment processors as they have been around for a very long time in electronic years. Although they are widely accepted it is advised that you have a primary, Alert Pay and a Secondary PayPal payment processor for your various needs.

Recently PayPal has become a little sticky with Matrix Programs. So is you every consider joining one please don’t use PayPal.  There has been an instance or two where PayPal locked accounts because of this position. If you want to join a matrix program use your Alert Pay.

That being said, I highly recommend Paypal as a secondary or back up payment processor.

If you have any issues with this process call PayPal at 1-888-221-1161.

 Revolution

     Revolution Money Exchange is a new company and is only available to North Americans with Social Security Numbers.  They are user friendly and security is good.

The only reason I opened an account is because they paid me $25. That’s $25 I did not have before. And they paid me $10 for every new member I refer to them up to $500!
I was extremely happy to see spend able money fund this account after I verified the small deposits just as Alert Pay and PayPal. ITS FREE MONEY so what do you have to loose.

At the time of this training they have extended  this limited time offer. So if they are still doing it, why would you not want FREE MONEY.

The last word of today’s training is on user name and pass words. I strongly recommend that you create a file folder with any program you choose, I use excel, to keep all your user names and pass words in. This is prudent a measure that will save you time and frustration. There are many more suggested and recommended programs you will have user names and passwords for through out this training. Keep yourself organized, let someone else have the head ache.

 ·       Call to Action

·        Create an Alert Pay Account

·        Create a PayPal Account

·        Create a Revolution Account

·        Create a file in which you will keep all your usernames and passwords.

Here is to our success!

Wayne Loomis

Mentor 
Info Team
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