Do you own a business and need to
transact business beyond your shores? Do you transfer funds to friends and
family from abroad? Do you need to make online purchases or sales? Are you
stuck on paypal? Have you been blocked by paypal for no particular reason? Have
you been spending so much time trying to get them to unblock you without any
success? Has paypal blocked your country out of their system for some reason? Honestly, there’s no doubt that paypal is the
most proven, reputable and popular online payment platform in the world.
Because of this, they are highly sensitive to any least suspicious activity and
can legitimately decide to block entire countries or individual accounts.
Most
importantly, do you wish to improve your financial life with some great passive
income beyond what paypal offers? Well, worry no more because new alternatives
to Paypal have sprung up and are giving them big time competition? These new paypal
alternatives operate in almost every country save a few and they can make you
some great passive income combined together. I am talking beyond $500 every month! Yeah,
that’s very possible, but wait a minute!! If you’re thinking that, you can get
rich quick with this without hard work, quit reading, right now because this
would be an honest and unbiased opinion! You know what they say, “If you're not
willing to work for the extra-ordinary, then you will have to settle for the ordinary”!
However, if you’re one willing to do the initial hard work, then, go on, read
it!! Someday, you would thank me! J
Why do I write
this…..??
I have had to write this blog
because I have seen several online petitions against paypal from many countries
and individuals complaining. I had similar problems when I started working
online because paypal has blocked my country. I did my research and came up
with a few alternatives. In doing so, I also came across the fact
that all these alternatives to paypal actually have referral and affiliate
programs that can earn anyone passive income. Awesome, isn’t it?? Well, I am no ‘good Samaritan’ but I just
thought; why not share it to save everyone the time and hopefully get some good
traffic to my blog in return? Not to bore you further, I have listed my
personal 5 best alternatives to Paypal and their benefits in a summary form.
This should hopefully end all your money transfer woes and earn you some
passive income (with some good strategy and hard work of course). Sit tight
and enjoy!
A
VERY IMPORTANT NOTE……….
This is just an opinion based on
my personal experience using these alternatives to paypal so it is not cast in
stone. Other systems may exist which may be probably better.
Also, just like Paypal, these systems do not tolerate any illegal transfer of
funds, are highly fraud -proof and scam -sensitive and have limits on the
amount that can be transferred at any point. They are also wary of pyramid
schemes that increase referrals. Simply put, they do not tolerate money
laundering so if you have intentions of engaging in any illegal activity, then
this is not for you!! I repeat, “then, this is not for you”!!!! It’s important
that you read their terms and conditions before you join. The difference
between them and paypal is that, they treat every case on an individual level
and would not block entire countries unless there are very serious and highly
significant issues.
Payoneer were the first I discovered when I
started out. They operate in over 200 countries around the world which means
your country is likely to be included, right? You simply need to register with
them here: Payoneer and you’re good to go. Just like any registration, they
would verify you initially through your registration email but your entire
account would only become fully verified once you enter a PIN number on the
debit card that they would ship to you. They also allow you to connect other
cards like paypal, Master card etc to their platform and also allow you to
transfer funds from other online payment platforms. Better still, payoneer has
a referral system that pays you and whoever you have referred $25 each for
every $100 transaction, a high potential for passive income! How about that,
huh?
The
downside…
Full verification may go beyond
1month depending on your location, though it’s still possible to fund your
account during the period. Delayed shipping and stolen debit cards, are some complains
people make so if you want a safe and quick shipping, you need to pay extra ($) for a safe DHL delivery. However,
they deliver a clean service. You should give them a shot!
Payza is an interesting
one. Of course they perform all the normal functions that all these online
payment systems do but the difference here is that, with payza, they
perform exchange functions too. For example, you can send and receive funds in
your local currency and you can also exchange currency in about 21 supported
currencies worldwide. You can also exchange your currency into any E-Currency
of your choice. With payza, you can simply send money by email. Yeah you
heard me right! They even have a localized remittance platform called SimplySendBD,
a very affordable platform from where you can send remittances to friends and
relatives if you live abroad. Better still,, you can connect your bank account
directly if you wish; though I don’t advice it when it comes to online
transactions. Now I know you’ve been waiting for the juicy part; referrals!
Their referral program is a bit tricky but still juicy so here’s the deal. Payza pays you $5 for your first 10 referrals and $10 for each referral thereon.
The
downside…
It takes hard work to get beyond
your first 10 referrals and start earning real money. Even after that, you only
receive your reward when your referrals make any transaction of at least $250.
Trust me however that, once you go through this hard part, the income is
stupendous!
If
there is any online payment system whose name speaks volumes for it, then it’s
(ref link). It’s exactly what its name says it is. Imagine a payment system
that pays you an interest on your account just like a normal bank savings. Perfectmoney also has an affiliate program that would pay you (%) for every referral. Better still, you can actually store the
value of your crypto-currency like bitcoins in your account without the hustle
of having to create a digital wallet! Yeah you heard me right!! There is more
juicy stuff for you there so go find it for yourself here: perfectmoney.com.
The downside….
Perfect money has one of the most rigorous verification systems I know which though
makes it near perfect, can be irritating. You’re required to become fully
verified by completing four tasks which includes, phone number verification and
the uploading of government verified documents, like driver’s license, National
ID card or passport. This however is for your own safety, I guess. Thorough
identity check is a way of protecting their integrity and yours as well. You
have no reason to worry if you have no ‘evil’ intentions, right? Go find things
out for yourself. It might just be what you need.
For the
awesome services they offer, okpay has a name too ordinary, trust me. They
are far beyond ‘OK’!! Okaypay offers all forms of online payment
transactions including wire transfers. They are one of the most convenient
online platforms to use if you trade in Forex or Options. They even offer
discrete transactions for anyone involved in the adult industry. However, the
best benefit to using this payment system rests in their referral system which
is probably your best bet at making some passive income. They have a two-tier
level referral system. The first level will be the one you directly referred to
their system and the second level is the one referred to their system by the
one you referred(1st level). At the first level, you earn a 20%
commission on their transactions and 10% on the second level transactions.
Now
here’s a short example copied directly from their website okpay.com: Suppose your second-level
referral makes a €500 EUR transaction. For this transaction you, as the initial
indirect referrer, will receive 10% of our service fee, i.e., €0.25 EUR in your
account! In a similar fashion, if the same operation is performed by your
first-level referral, you will receive 20% of the fee, i.e., €0.50 EUR will be
deposited to your account. This system simply creates a long chain of passive
income for you through primary and secondary referrals
The downside….
You
and I know that getting referrals with all the competition out there isn’t
going to be easy. Also this system has the tendency to make you lose focus off
the real purpose of online transactions but is that really a problem?? Go
figure, it's worth the try.
I conclude that any of
the above alternatives to paypal is worth trying. You just need to weigh the
pros and cons and decide which one to go for. These paypal alternatives are
really here to stay. Feel free to comment and share this article if you found
it useful, I believe you did though!
