Payment Provider

Overview

In the online industry, there are a few other ways of payment and ways of payment, such as credit card, bank transfer and Paypal. The above-mentioned possibilities of payment, their advantages and disadvantages and all information should be known to everyone, so I will not go into these in the following category more detailed.

Although these possibilities are now very common in everyday life, they are rarely represented in the online industry, instead there are so-called payment processors. These pages actually work according to the same principle and offer their customers the possibility to pay via the usual payment methods such as credit card or transfer money. As soon as you have charged your account with the respective processor, you can pay over this money with the desired system.

The disadvantage of most of these processors is that they often charge comparatively high fees and are not always available in all countries.

Another very popular payment option, however, is the bitcoin which is also my personal favorite.

In the following category, I will introduce you to the most popular and most frequently accepted payment processors in the online industry. Also I will try to give you always a brief overview with the advantages and disadvantages of the respective processor.


In the following I show you all the points to which you should pay attention when choosing your processor:


  • First, you should be in your
  • I’m the one
  • Many processors have a bank account abroad, also drop you plans to transfer funds can play a role
  • Check before the processor also offers the necessary deposit and withdrawal methods
  • An important criterion is, of course, also the fees which are incurred, also see you this before your decision
  • If you have a little security look for a processor that gets you. I’m a
  • You should definitely set the limits
  • Note that you have to verify your account sooner or later with most processors, so you should have the necessary documents ready
  • If you are not too fit in English, you should also pay attention to a good, understandable & nbsp; And & nbsp; German version of the page
  • A rather less important but for some of the most important point is the desing of the site here everything should be uncomplicated and clear
  • The last point of you might still be interested is the processor offers its own credit card. Englisch: www.socialistgroup.eu/gpes/sessiond…07&place=STR. Bookmark at Mr

Before you can fully utilize a processor, it is common for you to verify your account. The process usually works so that you submit two documents for review, once the check of the address (proof of identity) and the verification of the identity

In most cases, an electricity, gas or water bill, a credit card statement or an account statement is suitable for checking the address. To verify the identity, you should submit a copy of your ID, driving license or passport.

With all these documents, it is as new as possible. Englisch: www.munichre.com / en / press / press_rel … release.aspx. On a daily basis is the person who is the data on the documents

The entire process of verification usually takes a few days. For some processors, you must immediately Verify, while for the first time you need a certain

Popular Payment Processors

Payza is among the best known among the processors, if it is not even the most famous.

Payments and withdrawals are possible by Visa card, bank transfer, Bitcoin and various Exchangers

Payza’s charges are relatively high, but there is also, in my opinion very good service offered. The support replies seher fast and the possibility in case of losses through an online system to get a part of his lost money make Payza very interesting. The repayment of losses from my experience is between 30% and 50% of the originally paid money. This can of course deviate in reality. To do so, however, a so-called dispute must be opened which is only possible within a certain period after the payment.

Payza’s bank account is located within the EU, which provides an advantage for transfers and withdrawals by transfer.

Registration

Fees

Payeer is also one of the most famous processors.

You can deposit and withdraw with Payeer with Visa card, bank transfer, Bitcoin and a large selection of other payment processors.

Payeer offers its own master card as I find very good conditions for its members, also the backoffice is arranged quite clearly.

The fees paid by Payeer are comparatively low to other processors. The downside here, however, is that the bank with which Payeer is connected is not located within Europe, but in Georgia, which means a high fee for a bank transfer for most German users. If you still want to use Payeer I recommend you to inform you at your bank how high the fees for an international transfer would be.

Registration

Fees

Payeer-Card

ADV-Cash is a relatively well-known processor, but I know some systems in which ADV is not available.

The deposit and withdrawal is possible by bank transfer, Bitcoin and, of course, other payment processors. However, the bank transfer is lost during payout.

Like Payeer, ADV-Cash also offers its own credit card for its customers, which in my opinion also has very atractive conditions.

The fees are comparatively low and apart from the relatively low level of acceptance in the industry, there is no need to hire ADV-Cash from my side.

Registration

Fees

Perfect Money is one of the not so well-known processors, but is often used at Revshares.

The deposit is possible by bank transfer and by bitcoin however, it is a little complicated to deposit by bank transfer at PM because firstly a minimum amount of $ 300 must be given to make a deposit and secondly your deposit first has the process and fees of an Exchangers Because PM accepts only deposits in USD. For this you should also take a few days.

The backoffice is designed for my taste a little confusing, the only plus point that I can forgive here is that the fees which PM outgoing are comparatively low

Registration

Fees

Solid Trust Pay is a relatively widespread payment processor which attaches great importance to security, so the verification is also complicated.

Payments and withdrawals can be made via bitcoin, bank transfer, visa and mastercard.

The fees at Solid Trust Pay are relatively high and the website relatively unclear. The limits were also changed, which is why some online systems had already had to exclude Solid Trust Pay from their portfolio. So if there is another possibility available I would recommend you to draw this into consideration.

Registration

Fees

Bitcoin is, in principle, not a payment processor but a so-called crypto currency, ie a digital currency. I do not want to go too deeply into the details here, but Bitcoin is a serious currency, it can be converted into all possible traditional (Fiat) currencies at any time and enjoys ever-increasing popularity and acceptance. In our online world there is hardly a system which Bitcoin does not accept. In addition, it is also accepted by other major companies such as Apple, Microsoft or Subway, to name but a fraction. In my opinion, bitcoin and other cryptowogy will play a huge role in our near future. For this reason, I strongly suggest that you keep a closer eye on this subject if you have not done so before. & Nbsp; the advantages over the other payment processors and some of the reasons why I almost exclusively use bitcoin as a means of payment:

  • Very low fees (most cents also for 3 or 4 & nbsp; digit amounts)
  • High anonymity of the person but still a record of all transacted transactions
  • High International Attitude
  • No limits
  • No freezing of funds

There are far more advantages of Bitcoin than the above, nevertheless, these are probably the most important related to Bitcoin as a payment.

If you want to use Bitcoin, you first need a wallet where you can store your bitcoins and send them to other wallets. Secondly, you need an Exchanger (exchange exchange) where you can buy Bitcoins with the usual payment methods such as bank transfer or credit card. There are a lot of different vendors from both, the & nbsp; & nbsp; & nbsp; & nbsp; & gt; practically the same rules as & nbsp ;, all other vendors found at the beginning of this page.

It is important to know that each wallet has a 34-character address (bitcoin-address), and you must specify this address for each transaction. & Nbsp; Note, however, that & nbsp; usually changes for security reasons after each transaction, However, all old and previously used addresses always remain valid. The Bitcoin address should be found in the backoffice of your wallet.

A Bitcoin transaction usually takes no more than a few hours in some cases, but it can only be a few minutes.

Another important point is that it is impossible to undo a Bitcoin transaction as soon as it is done once, so be careful to make sure everything is done correctly.

I can not imagine you all Exchanger and Wallets but I will show you in the following a combination of both more precisely. Xapo is also the wallet I use for almost all of my transactions, if for any reason you are looking for another wallet, then I’m sure you’ll find a lot on Google.

Xapo is a bitcoin wallet where you can buy, store and send bitcoins via bank transfer (SEPA). For the purchase of Bitcoins there are fees of 1% from Xapo.

Xapo also offers its customers a debit card, which allows you to convert your bitcoins directly into euro or other currencies & nbsp; With the map you can also in various online shops numbers and the whole to, as I find, very good conditions. The exact limits and fees can be found on the website.

A standard verifzierung of identity and address is necessary, however ‘nbsp; this, at least with me, was not directly from the beginning, but only after some & nbsp; months queried.

The backoffice of Xapo is very clear and there is an app with which a 2-factor authentication is possible.

I chose Xapo because it is practically an “all-in-one” solution and I am also very happy with the support, which is often a little too short for other wallets.

Registration

Xapo Card

Solid Trust Pay is a relatively widespread payment processor which attaches great importance to security, so the verification is also complicated.

Payments and withdrawals can be made via bitcoin, bank transfer, visa and mastercard.

The fees at Solid Trust Pay are relatively high and the website relatively unclear. The limits were also changed, which is why some online systems had already had to exclude Solid Trust Pay from their portfolio. So if there is another possibility available I would recommend you to draw this into consideration.

Registration

Fees