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PayPal Alternative?

Discussion in 'Making Money' started by MontyzPython, Dec 16, 2007.

  1. MontyzPython

    MontyzPython BANNED BANNED

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    I'm hearing a lot of groaning about PayPal. Who else do you all use or suggest? Should I just have the CPA networks, AdSense, etc mail me a check?

    Thanks.

    - M
     
  2. scubaslick

    scubaslick Regular Member

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    Direct deposit is the way to go, but not all the networks support it. I don't really understand why to be honest. A buddy of mine works in the credit card industry and has kind of given me the inside scoop on how it all works if you look behind the curtain.

    These folks are paying PayPal a percentage of every dollar they give you. Doing a direct deposit (called ACH - automated clearing house) costs just a few cents per deposit, and it's a flat fee.

    So let's say you make $5,000 this month. The ad network sends it through PayPal and pays some percentage. Let's say 1.5%. I think that's really low, but I don't honestly know the exact number.

    $5,000 x 1.5% = $75

    An ACH transfer (direct deposit) costs something like $.15.

    I really can't understand why all of the ad networks don't do direct deposit.

    Anybody know?
     
  3. coreygeer

    coreygeer BANNED BANNED

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    I like PayPal personally.. but I believe there's AlertPay.

    I don't have a bank account right now (I overspent a few). PayPal's one of the safest that's for sure.
     
  4. coreygeer

    coreygeer BANNED BANNED

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    My post didn't show up for some reason?

    I know there's AlertPay but I only use PayPal because it's secure. Yeah they take a measly .50c off of every profit you make, but other than that, they're good in my book.
     
  5. yakuzax

    yakuzax Newbie

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    howbout moneybookers, anyone have use them?