If your account is a “personal starter� account then its free to send and receive money, no tax will be charged. But if you have a “personal pro� or “business account� then there will be some charge for both sending and receiving money.
When you make an account with AlertPay it will ask you to create a transaction pin. This pin will be used as a security password whenever you send money, request money, make payment or withdraw your AlertPay money.
Explain different account types:
Three types of accounts are explained below:
1). Personal Starter:- This account is the best for common person. Sending and receiving money is free and there is no tax included in any transaction.
2). Personal Pro:- Good for small online business. It includes some additional services like website payment, mass pay etc. Taxes are charged for both receiving and sending money online.
3). Business:- This types of account with suit all your need if you run a big online business. Taxes are charged for both receiving and sending money online.
Is it possible to change account type later?
Yes, you can change your account type later. You can upgrade your account from starter to pro or from pro to business. You can also degrade your account but for that you need to contact the customer care.
What is account verification?
If you want to increase your sending, receiving and withdrawing limit then you need to verify your account. For account verification you can either upload your documents along with photo proof also you can verify by adding a bank account. Only banks from AlertPay supported countries can be added.
How to withdraw money from AlertPay?
Three options are available to withdraw your AlertPay money:
1). By Check:
You can withdraw your AlertPay money by check which is issued only in us dollars ($). So if you are not from U.S. then first confirm whether your bank support the collection of checks in foreign currencies. Checks are issued to the name and address which are stored in AlertPay so if your name is not same as the bank account then correct it and also check your mailing address. It will take 1-2 business days to process your request and delivery time is not included in it.
2). Bank Wire:
AlertPay can send your money to your bank account by using a special electronic transfer known as bank wire. This service is available world-wide. Wire transfer is made in three currencies- EURO, USD, GBP. So please contact your bank to verify whether they accept wire transfer in the above listed currencies. To make a wire transfer request you must first add your bank account and select the bank wire option. It will take 3-4 business days to process and complete your request.
3). Bank Transfer:
First find whether your country is supported by AlertPay to make bank transfer or not. You can find it after login. Then add your bank account. Select the amount. And also check the name whether it matches with your bank account name or not. It may take 3-6 business days to process and complete your request depending on the country in which you are.