Tuesday, January 20

Payment Processors Of 2015

Hello moneymaker,

More than one week ago exchangers and HYIP projects have stopped accepting EGO Pay payment processor and it is clear that EGO Pay is pure history. With this article I want to remind that world do not stand still and it is time to talk about payment processors what you can use or avoid in 2015.

If you follow DavidNews.com daily than you know that I have always divided payment processors in two groups, one group what is advantageous for investors and another group what is disadvantageous for investors. This time I will start with disadvantageous payment processors, with payment options what you should avoid when you deal with HYIPs.

Disadvantageous payment processors!

Why I call these payment processors disadvantageous? Because fees from payments are paid by receiver (I have explained problem of fees earlier in articles over here and here). Today there is not that much such payment processors left but historically there used to be EGO Pay what is gone and it is nice that Solid Trust Pay does not accept HYIPs anymore because clearly it was just one big fail. Today, when these ones are gone from ashes reborn new disadvantageous payment processor called Payza.

Disadvantageous Payza?

More and more HYIPs start to accept Payza lately, but please think with your own head and do not exchange to Payza even there is some disloyal promoters and blogs pleasing it. Do not believe sweet words from them and remember that with Payza you will lose more just because fees will be paid by you when you will receive payments from HYIP (fee with Payza is 2.50 % + $0.25 and is paid by receiver). There is one myth circulating around that if you will be scammed by HYIP than Payza will give you some money back, but in reality I have heard exactly zero such cases and it stays only like a myth. So, there are no real benefits for using such payment processor and I want to remind that it is better to stay away from Payza.

Advantageous payment processors!

I’m glad that in advantageous payment processor section I can include three payment processors and I can say that (almost) all of them are good for HYIP investments.

Perfect Money

Perfect Money is the most widely accepted payment processor in industry and the best thing about Perfect Money is low fees but most importantly sender not receiver covers them. 1.99% for unverified account and just 0.50% fee for verified account. 0.5% fee from your payment is basically the lowest fee in the market and if you want to make more from HYIPs than Perfect Money must be choice for you.

Perfect Money is not available payment option in US, but in general it is just better for all of us because than US institutions will not close it and keeping money in Perfect Money is little bit safer for all of us. Of course there are no real guarantees with Perfect Money like a payment processor but still for now Perfect Money is the best available option.

Bitcoin

The main advantage of Bitcoin is that Bitcoin is decentralized payment processor what is not controlled by any institution and because of that no one can shut Bitcoin network down. Yes, the problem of Bitcoin is floating exchange rate of it like it is happening right now, but when market is stable that floating does not happen that much. I’m big Bitcoin supporter myself and I’m sure that Bitcoin or something very similar will be currency of future because it allows sending payments without any borders to any place in the world without any fees.

Payeer

You know, even with Payeer fees are paid also by receiver I must say that they are not that big if you compare with disadvantageous payment processors. For receiving payments Payeer will charge you 0.95% of your received payment what is quite a lot, but in the same time it does not discriminate small investors and I’m sure that biggest part of us are small investors.


In the end I can say that the best payment options for HYIP investors are Perfect Money, Bitcoin and maybe Payeer. Please forget about all the payment processors what are dead or charges you with ridiculous fees where you like an investor just lose just by using them. Today when every cent counts I suggest using payment processors where you are the winner, not HYIP administrator or some anonymous owner of payment processor.

David
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3 comments:

  1. Hello,

    Apparently the EGOPay returned to work. I imagine it was something temporary. But not to leave all your eggs in one basket, which is the easiest way to transfer some of the money to Perfect Money?

    ReplyDelete
  2. In my opinion, the ultimate Bitcoin exchange company is CoinMama.

    ReplyDelete
  3. eToro is the #1 forex trading platform for beginning and advanced traders.

    ReplyDelete

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