One of the biggest headaches of everyone involved in more than one program on the internet is the fact that there are a large number of different payment processors and there is no one of them that all programs accept. In the case of funds in most of the payment processors there is no easy and convenient way to exchange funds between different processors.
Typically, people are in Program A which may accept Alertpay and Solid Trust Pay and they are also in Program B which only accepts Liberty Reserve and Pecunix. So what do you do when Program A pays you but you would like to put the funds into Program B? To make matters worse, even if a Program accepts 2 or more processors, they usually will only allow you to withdraw the funds to the same processor you originally paid with.
STP = Solid Trust Pay
AP = Alertpay
LR = Liberty Reserve
ST = Strictpay
The only currency exchanger I am currently using is Exchanges Plus. This exchanger does not cover all the processors, which would be wonderful, but it does exchange STP and LR, and Strictpay will exchange for STP and LR. There seem to be less and less programs which accept Alertpay which used to be much more popular.
Wednesday, November 19, 2008
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