ON THE LINES OF PAY PAL
Almost all people who surf internet regularly & are earning from PTC , PTR , PTP or blogging website or are shopping on eBay know about Pay Pal .Pay Pal is world’s biggest internet bank. Pay Pal transfers money in almost all countries. On the lines of Pay Pal recently many internet banks have come up. Alert Pay , Alert Gold , Money Bookers , Netspend etc are some of the new internet banks.Since the new banks are not well established like Pay Pal , they have lot of limitations.For instance people from few countries can only open a account in these new bank. Also in very few countries these new banks transfer money electronically into the bank account. Other limitations of the newly launched banks are that many do not have the facility to accept credit card or debit card payments.
However the new banks have some advantages & because of these advantages they are better than Pay pal with respect to security of account . For eg) In Alert Pay there are two passwords . One is login password & the other is transaction password. So in that way there are lesser chances of scams. Also the help & support team of Alert Pay is very efficient . They respond to the query of the member immediately .Since there are so many internet banks it is not possible to create an account in all the banks & also the reliability of the bank is a big question as there are lot of scam websites.
In near future there will be more of Internet banks because of the the increasing number of PTC , PTR , PTP websites. Hope that these new Internet banks are as reliable as Pay Pal.