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Payment Processors, E-Currencies, & Currency Exchange Services From Paypal, E-Gold, AlertPay, StormPay and MoneyBookers to all the hundreds of payment processors and currency exchange services on the web. Discuss and describe your interaction and business with each. Please stick to factual and rational discussion regarding these many companies.

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Old 07-23-2007, 09:40 PM
germelle germelle is offline
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Which is better: Stormpay or paypal?

Is paypal really safe? So many people complain about them now. Do you know the best way to receive money safe?
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Old 07-23-2007, 09:41 PM
tearsofthemoon00 tearsofthemoon00 is offline
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Western Union or direct bank wire is safest.Paypal is safe as long as the person is confirmed address and verified.These are 2 different things and they need to be both.And the amount is over $50.00 and under $1000.00 THEN you are covered.
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Old 07-23-2007, 09:43 PM
wildflowerskl wildflowerskl is offline
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It is official: as anticipated by the Fair Trade Authority, Stormpay money transmitter license renewal has not been granted, so far; Stormpay payment processor is out of business. You can check the list of approved licenses for the state of Tennessee here.

If you have any material or personal experience to share with us, about StormPay, please, post it here. Particularly, we are looking for StormPay users whose money was frozen and not involved in any autosurf-related transaction or payment.

The FBI encourages anyone with information or who suspect being a victim, please contact the National Fraud Information Center at 1-800-876-7060 or the Internet Crime Complaint Center at www.ic3.gov.

The above is what I have found out about Stormpay. I also have seen numerous complaints about paypal. Use caution with whom you decide to go with. Read all contracts before you get set up.

If you are selling items over the internet I recommend Simple Payment Systems. It is the second link I put in below for you. The give you free software,free training step by step, some of the software comes with shopping carts. No annual fee, no set up fee, no application fee, cheaper than paypal, beat all discount rate quotes you give them, free credit card terminal, free check service terminal,24 Hour live help.
If you are not selling over the internet and do not have a store. Maybe Money Gram or Western Union can assist you.
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