AlertPay is rapidly growing to challenge PayPal’s dominance as the number one online money transfer company

November 11th, 2009 by admin

For those who find PayPal to becoming bloated and more expensive to use, there are alternatives that should be considered.

AlertPay is rapidly growing to challenge PayPal’s dominance as the number one online money transfer company, and while they’re still a long way from knocking the king off his throne, they are slowly chipping away at his customer base.

AlertPay is a privately owned company that operates out of Montreal, Quebec in Canada. They employ about 45 full-time employees and have over 2.1 million registered users.

Although AlertPay’s fees are sometimes higher than those of PayPal, their .25ยข per transaction fee is attractive to low-volume users. AlertPay also offers starter accounts that allow people to send and receive money for free. This is ideal for those who don’t do a lot of business online or who only need the service once in awhile.

In addition, small online businesses are often better off with companies like AlertPay because gateway fees, SSL certificates, shopping carts and web site integration simply aren’t cost effective for the online business that’s just getting started.

Another aspect of AlertPay that’s proving to be attractive is the number of currencies that they support. AlertPay currently supports 22 currencies and are available for use in 206 countries around the world.

While AlertPay is a Canadian company, they are a registered corporation in both Canada and the United States. In addition, the money in AlertPay’s accounts is insured through both the US FDIC and the Canada Deposit Insurance Corporation.

PayPal won’t be going away anytime soon. But for those who need a reliable alternative to the online money transfer giant, AlertPay deserves a look. You can learn more, and sign up for a starter account, by going to their website at www.alertpay.com.

Additional resources

AlertPay :: Home Page
AlertPay :: Article on DTlist
AlertPay :: Listed on MakeaSearch
AlertPay :: Information on DirectoryGiant
AlertPay :: Article on rediffiland.com
AlertPay :: Listed on My Opera