A lot of people get confused the first time they use AlertPay. It is not like PayPal where everything is turned on once you enter your payment information. With AlertPay you can send a payment the instant you join using your credit/bank card. You do not have to wait until you verify your account and bank. But you do have to turn this on because the default tries to pull from your AlertPay account and you have a zero balance. This causes some people to think that they have to transfer funds from their bank which takes up to three days.
Go to Profile, Financial, Credit Card to set up your credit card. This turns off the AlertPay default, then go to Financial, Payment Preferences. Select accept payments by credit card/bank card then click “save settings” (lower right corner). Now you are ready to send/receive funds. Go back and set up your bank account so that you can transfer funds to your bank. You will receive two small deposits into your checking account. Write them down and use these amounts to verify your account. You may also verify your account by mail with a copy of your drivers license and a utility bill if you do not have a checking account.
Make sure you sign-up for the Personal Pro Account. The Personal Starter account is too limited to do business online.
A Personal Pro account offers you access to a number of business tools to help you thrive online. If you are an active seller or an avid online shopper, this is the account choice for you. When sending money always remember to include the fee so that the receiver will receive the whole amount.
Please note: If you are sending a gift through Alert Pay and you want to make sure the recipient receives the full amount you intended to gift, you may want to use the table below.
Credit card payments:
$3.00…send $3.40
$20…send $21.23
$50…send $52.70
$100…send $105.15
$250…send $262.50
$500…send $524.75
$1000…send $1049.25
Calculated at 4.9% + $0.25 USD
Alert Pay balance:
$3.00…send $3.32
$20…send $20.75
$50…send $51.50
$100t…send $102.75
$250…send $256.50
$500…send $512.75
$1000…send $1025.25
Calculated at: 2.5% + $0.25 USD
Multiply the amount times the percentage then add $0.25 per transaction.
For Businesses:
Accept Credit Card payments
Website Payments: Buy Now Buttons, Subscriptions and Instant Payment Notification (IPN): Real-time notification to your servers.
Mass Pay: Send out payments to groups of people.
