Banking Partners Issues

**thetibetanlady** · 06-10-2012, 08:15 PM

or over 6 months now alertpay has had to disable 3 different cashout methods due to issues with their banking partners. First it was credit card withdraws:

http://blog.alertpay.com/2011/04/cre...alidation.html
(still disabled 6 months +)

Then withdraw by check was disabled.
http://blog.alertpay.com/2011/06/che...rarily_03.html (still disabled 4 months for non USA)

Then recently they disabled bank transfers for USA members. Instead they activated check withdraw to USA only. My recent bank withdraw was reversed. .

http://blog.alertpay.com/2011/10/ale...thdrawals.html

Also Visa & Master card payment option has been disabled. Which is causing issues for many site owners:

http://blog.alertpay.com/2011/10/upd...nt-option.html

A newspaper from Montreal has reported all this is happening due to claims that questionable goods are being purchased or sold using alertpay:

http://www.montrealgazette.com/Alert...861/story.html

**ryuken** · 06-12-2012, 10:38 AM

Payza is turning out to be more of an issue for many users. I am sure that there are people who wish to use other payment processor and can't use them at all. i see this happeneing all the time. in any case, it is good to see that they have some good changes going on but i see that they have bankkng issues which is not a good thing at all.

**Dabchi** · 06-14-2012, 10:50 PM

Well i don't any issue as at now with the payment processor and i hope that it won't be problem using the payment processor for me as time goes on and i think that i would better use the payment processor for just investment purposes and nothing more to that.

**Joseph123** · 06-16-2012, 05:01 PM

Well i guess they were doing that because at this period they were already strategizing and finalising their liquidating and methamophosing alertpay into payza with a new platform, well i dont really have issue with that, but i just hope they really improve on their services this time.

**cutiekc** · 06-18-2012, 09:42 PM

Well,i just don't understand why the change it,maybe they did that because of some illegal uses of it withdrawing,though i just think they should add nigeria to its direct bank withdrawal as it is going to be more easy for nigerians

**ryuken** · 06-23-2012, 04:13 PM

I think the issue with the multiple countries and their rules for the payment processing made the difference. I think it all goes to show you that we have to work hard and see how to make money with the bank fees too if we are excnaing because alertpay soon going to have more issues with the payments and not something good thing.

**damonhalden** · 06-27-2012, 01:08 PM

This is not good thing for alertpay . It has closed most of the withdrawing options and this surely lead to decrease in the number of people who use alertpay as their payment processor . Alertpay is taking wrong steps and sinking it down itself, even illegal payments also are made through LR but it didn't take wrong decisions . I hope alertpay takes any decision that would make people to use it .

**ryuken** · 06-27-2012, 01:39 PM

I have seen many other issues with ap as well so this one is nothing. there are some other issues where alertpay is forced to act and otherwise they are ignored by the sellers and the investors. if they continue to be lose on the fraudsters then surely they have nothing else to think of. i can tell you that for sure, it is not simple system.

**bulastika** · 07-30-2012, 08:18 AM

I don't see something irregular in term of bank issues. although the fees are high in here but when I visited our local bank I found out that they charge the same fees as payza also. 15 dollars when I want to transfer my funds. Although one the the cashier say that a bank manager can also waive the bank fees. I think this is the main reason why in paypal its does not charge fees when I withdraw more than 180 dollars.

**cutiekc** · 07-31-2012, 05:14 PM

The fee shouldn't be the same thing as most at times payza charges more fee rather than our local banks,well i am not worried cause withdrawing via bank have a delay of up to 10 days depending if our country is listed.

**tirus** · 08-09-2012, 01:40 PM

I am just happy that I have less to worry about when it comes to withdrawal fees. I get charged around $3 dollars for withdrawals to my bank account so I can afford to do so a number of times a month or as the need does arise. I hope that support for my country will stay as it is for longer.

**Dabchi** · 08-16-2012, 09:15 AM

I really don't understand thieving payment processor again on how they are been working out in the account funding and withdrawal issues and this is really not a very good idea for us to still be using the payment processor for such transactions,i stopped using them immediately investment sites stopped using them and that is really bad idea.

**jameshyder4** · 08-30-2012, 05:52 PM

I think that the alertpay cannot keep up the terms of the credit card , visa and other bankers that's why they have been splitting up themselves with the alertpay. And if they have been splitted up then the news for the alertpay is not good because people will stop using it and in the end the alertpay will be liquidated.