It looks like Alertpay issues are a bit bigger than what people thing and I suspected from the very beginning. Alertpay right now is having problems processing BankTransfer withdrawals and all type of Visa & Mastercard transactions, so members can’t use Credit Card nor withdraw using the above mentioned methods, not even checks are working for withdrawal.
What I noticed is that in the past 6 months Alertpay credit card system was down several times, my only guess was that their merchant accounts were banned and they had to switch to another provider, not it seems that its happening faster and more often.
My bank stopped working with them which is the reason why my Credit card won’t work and program owners are starting to say the same.
The reason for all this ofcourse is the nature of programs that Alertpay affiliates with, since these programs are always going up and down many and I mean many people report their transaction, do a charge back, file disputes, etc. This is causing some major issues for them.
In the past the biggest payment processor that every program is using always ends up closing. Let’s hope history doesn’t repeat itself here.
I wish them luck solving their problem and I also which that if they get out alive out of this one, they reduce their fees 😛
Share your thoughts and comments using the section below.
Dirson E. Jimenez Santana (strosdegoz)