Kooday Switches From PayPal to AlertPay

@diamania (7011)
Netherlands
August 26, 2010 1:05pm CST
It's just become known that he upcoming 6 months, AlertPay will replace PayPal as the payment system for Kooday. What do you think about this? Is this a good thing or what?
3 people like this
19 responses
• United States
26 Aug 10
Snap! Noooo, I rather have PayPal for all earnings. My PayPal never, ever charges me a fee. If I am not mistaken alert pay does. Dang it. I suppose Alert Pay is cheaper to the owners than the PayPal.
@diamania (7011)
• Netherlands
26 Aug 10
I suppose the owners have less problems with PayPal. They had signed a bloody contract with PayPal. Contracts aren´t signed by people who know they´re not going to comply to the agreement.
• United States
26 Aug 10
Ok now your response makes me a bit nervy, hopefully they will continue to be a sustainable site. Huh... the questions coming in my mind now.. hmmm
@diamania (7011)
• Netherlands
27 Aug 10
They change to Alert Pay because PayPal does not want to be liable for the funds accumulated through unproven and original business plans...
@dlh0728 (29)
• United States
26 Aug 10
Has anyone ever actually received a "payment" from Kooday? Just wondering.. I joined Kooday a while back but have been using my earnings to purchase additional keywords so I haven't actually put into it more than the original $5.00.
@diamania (7011)
• Netherlands
26 Aug 10
The admin from earnvestor did. My initial investment was 5 bucks, and just to be sure I deposited another 5 bucks to be sure I would be qualified for their bonus.
@diamania (7011)
• Netherlands
27 Aug 10
Very trusted. mark from kooday answered several questions at two online conferences hosted by a respected guy in the community. just wait a few hours and ill summarize it later on so that there is no need for you to listen to two and half hours of telephone quality audio.
• United States
27 Aug 10
Thanks diamania. I'm just wondering if I should go ahead and cash out. I don't have an Alertpay account. I suppose I could get one, just not very familiar with it. All in all, how does everyone feel about Kooday? Trusted? Not-Trusted?
@browneyed (2522)
• United Kingdom
27 Aug 10
I'm not happy with the switch. If I wanted an AlertPay account, I would have opened one a long time ago. I'm wondering if this also affects current payout requests to Paypal accounts, and future ones (up to 6 months).
@browneyed (2522)
• United Kingdom
27 Aug 10
I think the conference call should have been made known on Kooday's News page. Unless a member's aware of Kooday Profits or a new Kooday forum I read about on Kooday Profits, there's no way they would have known about the call. I don't understand why Kooday didn't notify its members on the News page. Secondly, I also read on a mylot thread (a reply someone made) that they tried to make a deposit into Kooday using their Paypal account and it wasn't accepted. I'm not ready to join AlertPay, not for Kooday, not for a very new site, not for a site I'm still testing out. If there's a window of 6 months for members to switch to AlertPay, that'll be good 'cos it'll give me more than enough time to develop my faith (or doubts) about Kooday.
@diamania (7011)
• Netherlands
27 Aug 10
From what I know there is a 6 months window for you to create an Alert Pay account. If you don't feel like continuing request an account buyout.
@LouieWpHs04 (4555)
• United States
26 Aug 10
I always find something fishy when a site has to switch from Paypal to Alertpay. Or simply never use Paypal in the first place. I mean, I don't see a problem when sites use both as a way to pay but when Paypal up and goes away that's just suspicious to me. Means also I won't be joining as I have no intention on getting an Alertpay account. This doesn't necessarily mean anything is wrong with the site but it could raise suspicion of it being a scam especially if they were to have gotten banned by Paypal for some fraudulent activity.
• United States
27 Aug 10
Yeah, I don't know if I buy what he said. Of course, I am not saying he's lying but I mean. I have seen business sites making quite a bit of money. Maybe even beyond that of Kooday that have been using Paypal for years. Something tells me that he's not telling us the whole story. That's just me, though. Either way. If I do decide to get Alertpay i'll maybe check it out, then.
• United States
27 Aug 10
and yes, I am referring to those type of business sites with a unique concept. Not any old business. One's that have made millions of dollars(or so they claimed.)
@diamania (7011)
• Netherlands
27 Aug 10
It was paypal notifying Kooday they don't want to be liable for the dollars generated through unproven and original business ideas. Kooday even signed a contract with PayPal but PayPal didn't feel too good about it and Kooday will cease doing business with PayPal in 6 months.
@calai618 (1773)
• Philippines
28 Aug 10
The moment I read that news, I immediately felt scared. DUring the past year, this sort of switch has been an indication of "fraud/scam". Any legit site would definitely prefer Paypal. Paypal is well-respected and really is well-established. Paypal banning Kooday really feels negative to me. I hope Paypal also releases a statement explaining everything. i don't feel comfortable that we are only hearing from one side, which is Kooday. I hope paypal try to appease us, users, maybe by confirming Kooday's explaination. I really feel uncomfortable with what is happening. I do have alertpay but I havent used it..ever! I also wouldnt know how to withdraw my money from there. However, I have no plans of stopping at Kooday. I am enjoying, though with a bit of nervousness now, and I hope I still get to earn more from it.
@diamania (7011)
• Netherlands
31 Aug 10
It was pre-announced in their second conference call. But indeed they'd better put some more emphasis on it. Oh well, at least we are going to make huge money. :)
@diamania (7011)
• Netherlands
28 Aug 10
You haven't read the news. ( which I laid my hands on well over 24 hours earlier than officially released... mind you...) Kooday had signed a six-figure agreement with PayPal but as you might know PayPal prefers taking the least risk possible so they told Kooday they will not continue serving Kooday. As such Kooday was forced to switch to Alert Pay. So fraud/scam isn't even a point of discussion. Why would they agree with participating in Kooday conference calls if they are scam. We now know that Mark Tuhutella ( or whatever it's spelled) is a staff member of Kooday. You're not going to tell me that fraudsters are so dumb to say their names and actively try to Q&A us, no way Jose. \ You have multiple options now: - You can file a dispute with PayPal. Your Kooday account will be blocked but you will receive all the monies you are entitled to beside the snapshot bonus which is up to 5.5 million US dollars per Kooday Diamond. ( 1 buck per PSC, in my case currently 17.000 dollars, 100 bucks per Gold Credit) Or you can just continue but you will need to have an alertpay account. Just find out how you can deposit your money sitting in your alertpay account to your bank and everything will be like nothing has happened. I urge everyone to go to Kooday Profits at facebook, if any information is leaked in whatever way you will read it there. We also have tips, strategies and tricks on Kooday. Do you for example know how to get 1000 profit share credits easily? No? See! :)
@calai618 (1773)
• Philippines
30 Aug 10
I read that news on Kooday News page and it was sad cause it wasn't really that emphasized in there. The page looks the same to me and hadn't been updated but then when I read it again, there was actually a huge change that I think should have been more clear. It was an essential info that could have been put right to the very top of the page so everyone's attntion will be caught. Anyway, I have also joined that FB page. It's nice to see people crossing to the gold and diamond status but I feel sad for myself because I dont know when I'd get there.
@dlh0728 (29)
• United States
2 Sep 10
Has anyone been on Kooday tonight? I am TOTALLY confused on this Alertpay negative balance thing!! Hopefully over the next few days it clears itself up for me.
@diamania (7011)
• Netherlands
2 Sep 10
the investment you made will appear as negative on your alert pay balance so as to ensure that fraud is kept to a minimum. dont be worried referral earnings and keyword earnings will solve that. also you will be able to swap out the balances soon. i hope this cleared things up. typing on a mobile phone is not so easy. :)
@diamania (7011)
• Netherlands
3 Sep 10
I agree it's confusing and honestly, I am beginning to have doubts about certain things.
• United States
2 Sep 10
Thanks diamania, I did read that, but it's a bit confusing (I think) - the way it is set up seems like I've lost some money. I think I'll just wait to see what happens when we can "swap" balances, then see where it is. Thanks for the help.
@bacchu30 (585)
• India
26 Aug 10
It will be very bad for me. Paypal is much better than Alertpay. I shall not be able to withdraw money directly to my bank account. By the way, where from did you get the news?
@bacchu30 (585)
• India
26 Aug 10
I tried to add some money to my account through PAYPAL and I got this msg. "This recipient is currently unable to receive money." Their Paypal Account is blocked right now. My $50 is pending since last week and today was the day of payment.
@diamania (7011)
• Netherlands
26 Aug 10
Hence the 6 month period! I think we will hear more tomorrow. Thanks for your welcome contribution.
• United States
26 Aug 10
I researching any information that I could find about kooday so that I could join. however now that they are switching to alert pay I will not be joining since most of my other sites pay by paypal and I have a paypal debit card means I have immediate access to my cash. Oh well guess I have to find something else.
@diamania (7011)
• Netherlands
26 Aug 10
You would have more or less jumped behind the bandwagon anyway. It is becoming harder and harder for newbies, and even those with more money, to grow their inventory.
@meowcow (931)
• Philippines
27 Aug 10
just read this, you think it would be difficult to grow money now? Even with a $10 start? and how do you put in the money now that Paypal has put them on hold? My head hurts...
@few00cent (2183)
• India
26 Aug 10
where you get this news from ?...this is really depressing me as I would like to have my payment into paypal and I don't have fund in alertpay.well the kooday admin has stated that they gonna sign up some contract with paypal and paypal is looking forward to do business with kooday.I wonder,if site going to scam people ?.. alertpay is not secure processor for investor thats why many scam site used them as payment gateway.
@diamania (7011)
• Netherlands
27 Aug 10
Conference call held with Mark Hutella ( I really don't know how to spell his name so mark if you see this sorry mate!) and Hosted by Eric something. Those calls aren't very well known but I am part of a facebook community that always knows things sooner than the rest. The news about the switch will officially be released somewhere today.
@yugasini (12893)
• Secunderabad, India
27 Aug 10
hi diamania, you are so fast to know about kooday,i have understand where do you got all this new information about kooday site,i am not familiar with kooday site,you are taking lot of ground work to know about kooday site,all the best keep it up, and let us know the new things in the net,so that all of us will share the information,is there any chance to upgrade my kooday account,have a nice day
@diamania (7011)
• Netherlands
27 Aug 10
You can't upgrade your account in the sense that you can't buy some subscription or offer earning you more money. What I urge you to do now is follow Davids strategy at facebook Kooday profits. Should you have applied the method you'd be as 'rich' as me now. :)
@yugasini (12893)
• Secunderabad, India
27 Aug 10
hi diamania, thanks for the news,i am finding there is a delay in processing of buying keywords in kooday,but i do not know the reason,i think the work was slow ,do not know the reason,i have alertpay and paypal account,today morning i have sent a mail about my profit share earnings for this week,it is very very less,how to increase the amount of profit share,have a nice day
@yugasini (12893)
• Secunderabad, India
27 Aug 10
hi diamania, the amazing thing for me from the beginning,you have started with 5 dollars and added 5 more dollars to kooday site,but initially i have invested 10 dollars only,but you are 10 days earlier than me and i am 10 days later than you,but in the earnings there is lot of difference, i too also concentrating in buying the low priced key words,have a nice day
@diamania (7011)
• Netherlands
27 Aug 10
I think there is a difference in strategy between the two of us. Follow Davids strategy over at facebook's Kooday Profits and you will see that when you apply it to the letter you will start reeling in the big money fishes.
@diamania (7011)
• Netherlands
27 Aug 10
I know yugasini. It isn't much because you missed the 10k bonus. The little money you received makes therefore sense. The slow servers were caused by people constantly requesting their transaction history. Things are solved now.
@akn1961 (1034)
• India
28 Aug 10
i undertstand paypal is better system ,i do not know why company is changing to alertpay ,services of former is better.
@diamania (7011)
• Netherlands
28 Aug 10
I created a discussion with the news, I copy/pasted it on the first page that all even before the news was released. Now if you want to read it go to the Kooday news section.
@BigTips (304)
• China
27 Aug 10
Is this news true? If it is true, I will get confused because AlertPay is not so popular in my country. Why their account is banned by PayPal? I think they should contact with PayPal effectively and to improve the current situation so that most memebers on Kooday can get the payments easily. After all, AlertPay is not so popular around the world.
@diamania (7011)
• Netherlands
27 Aug 10
Things are not going to improve with PayPal at all. PayPal has notified Kooday that they don't want to be liable for the funds as Kooday uses an unproven and original business plan. Kooday has been forced to switch.
@Pepecas (39)
• Mexico
30 Aug 10
Didnt like the idea of using alertpay at all. Alertpay is not accepted in my country.
@diamania (7011)
• Netherlands
30 Aug 10
You can file a dispute on PayPal with Kooday. They'll buy out your account and give you the value of your keywords and the left over balance.
@mysdianait (66009)
• Italy
26 Aug 10
I use both and I have no problems with either but I do find it a negative sign when a site moves from Paypal to Alertpay Why not use both? By the way I am not a member of Kooday but I am watching the developments just like I did with Readbud
@diamania (7011)
• Netherlands
26 Aug 10
I take it they have been banned by PayPal hence the 6 month period in which they will be slowly switching to Alert Pay. 6 months is the period after which earnings can be redeemed. Been there, done that.
@sona22 (1430)
• India
26 Aug 10
I am worried on the change. It is not for paypal to alertpa, it is fr quiting payapl. All the users of paypal know that a complaint with 45 days against a party, the member who makes payment will get back the money. Paypal do it. But no other system do it for the member. Thats why many sites avoid paypal and they are arguing against the fees of paypal. Turning the payment system may be a sign of other. I am in doubt.
@diamania (7011)
• Netherlands
26 Aug 10
We will see what happens. PayPal is indeed not quite doing a good job being so strict in their policy. I think that is what happened to kooday, they might have had too much money to payout so they said bye bye to the individual contract they had with Kooday. That's my take.
@shontia08 (846)
• United States
26 Aug 10
i'm going to stop using it. i don't use alert pay at all and i don't plan on starting. i just don't trust alert pay. i think that is a bad decision on their part. thanks for letting us know
@diamania (7011)
• Netherlands
26 Aug 10
You're welcome. Hopefully you'll be able to enjoy the accumulated earnings despite of this not so welcome news. Having been using PayPal for a long time and although my past negative experiences with PayPal I still prefer them above whatever payment processor.
• Hong Kong
26 Aug 10
It is a bad thing to both user and Kooday. To me, at the place I'm living, Alertpay is not working so well and sometimes it fails to send money to my bank account. I like paypal more than Alertpay. On the other hand, if Kooday is not supporting Paypal soon, I guess there maybe many people rush to cashout, it will be dangerous to a new company like Kooday.
@diamania (7011)
• Netherlands
26 Aug 10
I think they are forced to. They're not intentionally trying to flush people out, can't be true. That's equal to dropping an atom bomb in your backyard, not the smartest move.
• United States
26 Aug 10
Well, that my be good for altertpay users, but PayPal users will probably be annoyed that they have to switch.
@diamania (7011)
• Netherlands
26 Aug 10
Yes I am not happy with it. I have added my debit card to my account and now I have no clue how things work with alertpay. It is an annoying switch but I am not too annoyed as long as I will be able to grow my keyword inventory.