Funding Your E-Currency Accounts

Hello Again,

I have been getting several questions about funding your e-currency accounts from new hyip investors. Let me start by saying this to the newbies. Hyip's can be very profitable. But they are also very risky. So, you should never invest more than you are prepared to give away. Yes, I said that correctly.

There are several payment processors that I am currently working with and I will explain the easiest ways to fund hese accounts. If I have excluded a payment processor, Its because I am not working with them currently.

Liberty Reserve: This is by far the most popular payment processor in the hyip world. Their emblem is seen on probably 99.9% of the hyip sites that you know of. Liberty Reserve only deals through exchangers. In other words, you cannot send or receive your money directly to them. You must use a third party. These third parties are known as exchangers. Sending your money to an exchangers is also a very risky process so I urge you to use extreme caution and only work with reputable exchangers that have a reputation for actually going through with the process. If you need a referral to some reputable exchangers, please email me. Of course an exchanger wont exchange your money for free, so you must also decide how much to set aside for an exchanger. I would encourage most of you to send between $500 to $1000 at a time if you are going through an exchanger. The reason I say this is because first of all, you never want to send so much money through an exchanger that they will be tempted to keep it or if something goes wrong with the exchange, then you are losing sleep. $500 to $1000 at a time will work just fine and if you are investing in a good paying program, you can make up the lost charges in a matter of just a few days.

Perfect Money: This one is probably the second most popular exchanger in the hyip world. Perfect Money is fairly new and they are growing very fast. the one feature that I really like about Perfect money is that they allow you to deposit money directly to them via bank wires. This is a very nice feature as you do not have to worry about trying to put your money in more hands than necessary. You can also fund your perfect money account through an exchanger if you wish to do so, but I cant understand why you would. They have some very good security features also. they have implemented the new e-voucher. For datails about the e-voucher, please go to their website. You can also deposit to your perfect money account if you have an account through pecunix. You can also withdraw through a bank wire for a small fee ($50.00 plus 3%). This is by far one of the best ways to fund your hyip investments. Its just unfortunate that Perfect Money doesnt control as many hyip's as Liberty reserve.

Strict Pay: Strict pay is one of the fastest growing e-currencies in the hyip world. You can see more and more hyips using strict pay as one of their choices for e-currency. What I really love about strict pay is that they allow you to fund your account through an ach bank transaction. In other words, if you live in the continental US and you have a checking account, you can fund your strict pay account directly. The wait period is 5-7 business days, but the charge is very minimal ($3.75) You can also do a "quick ach" for $3.75 plus 5%. The most beautiful thing is that you can also withdraw your money the exact same way. You can also request a payment by check in which the charge is $2.00 and they will mail a check to you. The other forms of withdrawal for strictpay is the debit card that they offer and solid trust pay. This is one of the most versatile payment processors on the market and I hope that they are able to continue expanding their reach.

Solid Trust Pay: It is very similar to Strict pay in a lot of ways but they also have added features such as funding your account through them using your visa or mastercard. Here is a schedule of their fees:
Account Opening: FREE
Monthly Account Maintenance: FREE
Send Money to another STPay Member or Merchant: FREE
Receive Money from another STPay Member or Merchant:
1.5% plus $0.25 USD per transaction
Withdraw Funds from Your STPay Account
(allow 1 - 10 business days for receipt of funds depending on the size and type of withdrawal)
Cheque from SolidTrust Pay = $4.00 (Canada) / $7.50 (United States Cashiers Cheque)Electronic Wire Transfer = $40.00Direct Bank Withdrawal (North America) = $2.00Direct Bank Withdrawal (Australia, Brazil, New Zealand) = $10.00STPay VISA Debit Card = $5.00
Deposit Funds into Your STPay Account
Personal/Business Certified Cheque = $1.00Electronic Wire Transfer = $20.00Money Order/Cashier's Cheque/Postal Order/Bank Draft = $1.00Direct Bank Deposit (North America only) = $2.00Direct Cash Deposit and Payments via Credit Card = 6.9% + $1.55 per transactionSTPay VISA Debit Card = 3.5% + $0.25

So as you can see, they have many different options. This is another site that I hope will be able to grab a large part of the market share in hyip world.

Alert pay: This is the final processor that I will cover in this segment. Alert pay is known all over the world. They have built a reputation thats really putting their name on higher levels of service and achievement. You will not see many hyip's using alert pay. This is because of their strict charge back policies. They have less tolerance for non-paying hyip's than any other e-currency. Just like strict pay and solid trust pay, they have the ability to fund their accounts through direct bank wire and ach functions. This is king to me. I would rather not have to deal with exchangers to get my money from one place to another. Maybe one day liberty reserve will figure out how to do the ach function and keep everything secure. Here is a schedule of alert pays fees:

Open an account: Free

Receive funds by Credit Card*: 5% + $.25 usd

Receive funds*: 2.50% +$.25usd

Send money Free

WITHDRAW MONEY
Check: $4.00 USD

Bank Wire: $15.00 USD

Bank Transfer: $0.50 USD

DEPOSIT MONEY
Check: Free

Bank Wire: $20.00 USD

Bank Transfer: Free

Money Order: Free

CURRENCY CONVERSION
Foreign Exchange
2.500 % The foreign exchange rate includes a 2.5% spread above the wholesale exchange rate at which AlertPay obtains its foreign currency. Exchange rates are adjusted regularly.
2.500 % The foreign exchange rate includes a 2.5% spread above the wholesale exchange rate at which AlertPay obtains its foreign currency. Exchange rates are adjusted regularly.
2.500 % The foreign exchange rate includes a 2.5% spread above the wholesale exchange rate at which AlertPay obtains its foreign currency. Exchange rates are adjusted regularly.

Hopes this informs you a little better on how the e-currencies work remember, only invest what are willing to give away and never go online with virus protection