You might think that PayPal is the only company that offers online money transfers because they’re the one that’s most widely-used and advertised. But there are alternatives to PayPal that you should be aware of, especially if you’re someone who does a lot of business online.

AlertPay won’t topple PayPal off the top of the mountain anytime soon, but they’re growing fast and gaining market share. AlertPay is a privately owned company that was founded in 2004. Although they’re headquartered in Canada, they are registered in the United States.

Their fees, on the whole, are higher than PayPal’s, but AlertPay users won’t experience high chargeback rates like they will when using other online money transfer companies. Generally, AlertPay’s fees come in under fees for 2checkout, which makes them a great alternative.

If you’re an online merchant, you should take a good look at AlertPay, because their merchant rates are extremely competitive and they don’t charge outrageous up-front costs that normally come when setting up merchant accounts. In addition, AlertPay is a great alternative for small, online business owners because gateway fees, SSL certificates, shopping carts and web site integration aren’t cost effective for business owners who are just getting started.

One worry that many people have when it comes to online money transfers is the safety of their funds, and with AlertPay, you can rest assured because money that’s placed in a registered AlertPay account is insured by the FDIC and the Canada Deposit Insurance Corporation.

AlertPay also employs a policy called, Know Your Customer. This policy ensures that each account is secure by keeping the identity of the account holder private.

If you’d like to give AlertPay a look, or want to register a free starter account that lets you send money at no charge, go to their website at www.alertpay.com.

Additional Resources

Alertpay:: Home Page

Alertpay:: Article on 800 review site

Alertpay:: Listed on Squidoo

Alertpay:: Information on Blogspot

Alertpay:: Article on review inc site
Alertpay::Facts on Newsvine