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Saturday, April 28, 2012

Payment Processors

In this page you're going to learn how to use electronic Payment Processors as a way to pay and get paid online. This is important cause you need a way to connect yourself to the sites' wallet in order to give or take money.


What is a Payment Processor?


A Payment Processor is a company that handles money movement from a customer to a seller. You need to have a bank account or credit/debit card in order to make purchases online. But it is very insecure to give out such personal data to potential internet scammers. So it would be better if there was a safer way to trade that keeps such data private. What if there was a middle man that both you  and the seller trust and handle your transactions for you? That's actually what Payment Processors do, put in a simple way. 


Which Payment Processors do we need?


There are many, but in the PT world we mainly use 2 of them which by the way are the most trustworthy of all. They both have a high reputation score and are leading the money transfers on the web. You've most likely heard of both of them. So, here we go : 


Payment Processor #1 - PayPal


PayPal is the world's number one payment processor that handles payments from credit/debit cards, bank accounts or even PayPal Balance, which is something like an online wallet that automatically does your currency exchanges for you. First of all you need to open a PayPal account by clicking here :

Sign up for PayPal and start accepting credit card payments instantly.


Follow the instructions on site and visit their help page in order to get more information about  PayPal. Also make sure you check out their T.O.S. You need to be very careful not to violate any of their terms in order to avoid problems with your account.


Payment Processor #2 - Payza


Payza is the next bigger payment processor that is accepted in the most PT sites. Some say it's even better than  PayPal  but for now we would suggest you to use it in certain cases that PayPal is not accepted. Create a Payza account here :





Well now that you have created your e-wallets you are ready to start earning from PT programs. From now on we will start reviewing the current online business opportunities that are legit and profitable. So move on to the next post and start earning right away!

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