BJ's Blog

AlertPay Overview

The Canadian based corporation AlertPay, is an online payment processing service. Although they they have not toppled paypal.com of the leader board yet they have acquired a huge share of the online internet processors market.

GreenWinNetwork.com have chosen to have Alertpay.com as their only online payment gateway after having numerous complaints about Netteller. I believe GreenWin is going to be bigger than skype is currently, with their free mobile calls , instant messenger and multiple other income streams for its members. If Green Win Network continuous to use AlertPay as their main payment gateway , it is going to have rapid growth for AlertPay.

History of Alertpay.com

Firoz and Ferhan Patel founded AlertPay in August 2004 and started off with six employees in Montreal, Quebec. Five years later, AlertPay now has over 70 employees and over four million (4,000,000!) members.

Firoz was an innovative business man from an young age an Ferhan an computer science graduate which after running various online business realized the need for a more efficient online payment solution and thus AlertPay was born.

Regulations of Alertpay.com

AlertPay strictly complies with the regulations of the Office of the Superintendent of Financial Institutions Canada (OSFI), the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Financial Crimes Enforcement Network (FinCEN).

Insurance of Alertpay.com

All monies deposited with AlertPay are FDIC (Federal Deposit Insurance Corporation) and CDIC (Canada Deposit Insurance Corporation) pass-through insured in the US and Canada and are held with federally chartered and regulated banks.

Statistical Information about Alertpay.com

- Over 4500 sign ups a day
- Almost 5 million users
- AlertPay has members in 190+ countries
- AlertPay supports 23 currencies
- Offers localized banking in 46 countries

How It Works – Overview

Making and receiving online payments couldn’t be easier! There are only three simple steps

Step 1: Sender makes a payment

Click on a payment button or the “Send Money” feature. Pay by e-wallet, which can be funded by bank account or check (no personal checks or cash), or pay by credit card.

Step 2: Payment is processed

AlertPay processes the payment in real-time, transferring the money to the receiver’s account. A confirmation email is sent to both parties.

Step 3: Receiver gets paid

The money is instantly available in the receiver’s AlertPay account, which can be withdrawn by bank account, credit/debit card or check.

Alert Pay features for buyers:

* Pay by credit card
* Flexible deposits and withdrawals
* Send money from over 190+ countries
* Shop and sell online securely

Alert Pay features for sellers:

* Accept credit card payments
* Manage multiple online businesses
* Easy integration
* Built-in fraud protection

10 Facts About AlertPay

Wondering what you can do with AlertPay? The sky is the limit! You can use your AlertPay account for many reasons:

1. Send Remittances

Send money to anyone in any of the 190+ countries we support for FREE!

2. Exchange currency

For a low 2.5% spread over the daily rate, exchange your currency to make cross-border purchases.

3. Earn Money

Make extra cash by referring people to AlertPay.

4. Manage An Online Business

Manage payments for one or more online businesses with a Business account.

5. Send Invoices

Send a friendly reminder to request money from friends, family and buyers.

6. Deposit And Withdraw Money

Withdraw your payments or credit your e-wallet to shop online or send money.

7. Pay Salaries, Commissions, Referral Rewards And Bonuses

Pay several people at once.

8. Work Under Your Company Name

Work under a business name if you want to keep your personal details personal.

9. Expand Your Customer Base

Increase your customer volume by offering more payment options.

10. Shop Online With A Credit Card

Use your credit card to make secure instant payments to any of our online sellers.

www.AlertPay.com