It’s been a few months since my last post on Hit Exchange News because I’ve been in love and obsessed with Steemit!
I highly recommend everyone go and check it out, you’ll fall in love with content creation all over again 🙂
But today’s post is a must read and a must discuss for everyone in the traffic exchange and viral mailer business…
Here’s the situation;
Payza looks like it’s in some hot water…Again.
A recent blog post from ICE.gov claims that Payza along with two brothers from Canada have been money laundering and using their service for some shady practices.
Sadly, this does not come as a surprise to many of us that have gone through Alert Pay and then it’s rebrand to Payza.
Since this platform started it’s been nothing but a headache. What’s super scary about this though, is that only a year and a half ago, PayPal pulled the plug on many traffic exchanges and viral mailers. So owners flooded into Payza simply because they had very little choice. Now that Payza might be in for some even rougher times, we have to ask the question…
What’s next for traffic exchanges and mailers?
Personally, you’ll know what I would recommend…
Your own merchant account to accept credit cards. Sure that may take some work and you’ll have to actually treat your business like a business and file all the necessary documents to be above water but that could be a welcomed change to our reliance on these payment processors for good. A merchant account looks uber professional and puts a stamp of quality on your traffic exchange / mailer business.
But there is another option..Which will be able to handle all your payments, commissions and NEVER be shut down…
Finally embracing crypto!
I can see some of your eyes rolling but let’s look at the facts…
PayPal isn’t jumping to welcome us back anytime soon.
Payza may be going down the tubes at anytime.
Merchant accounts can be a lot of work to secure.
Crypto is there! Right now! And is a 100% digital product / currency. And the best part, it’s almost tailor made for what we do here online. It’s the perfect solution in my opinion.
What about you?
How does this recent news from Payza have you thinking about accepting payments online going forward? What are your plans for the future?