Thursday, July 3, 2008

Receiving Payments

The most important thing in making money online is receiving payments. How do you expect to have access to your money if it is still in your PTC account? Most websites will use these 3 payment processors:
  1. PayPal- This is a very trusted virtual bank. It's been around since 1998! Most sites will not use this, but it is very important to have an account with PayPal.
  2. E-Gold- They've been around since 1996 and are very secure. They don't charge you for sending or receiving money. Your account balance can also be converted into ounces of gold to be sent to you. Many older PTC sites will use this.
  3. AlertPay- This is quickly becoming the most popular choice for payment processors. Just about every PTC site will use this, so register here first. You must verify your account before transferring money to your bank account or receiving checks.
There are also hundreds of other payment processors, but these are the most used and secure. Never sign up for a virtual bank before doing a little research. You are giving them your bank information and/or address, therefore you cannot afford to risk your personal information.

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