Transferring funds from Paypal to Payza (formerly Alertpay)
@wildflow3rz28 (180)
Philippines
4 responses
@yallit (3677)
• Philippines
2 Jun 12
There are no official exchangers that are allowed to transfer funds to and from Paypal with any other payment processors. Payza, meanwhile, acknowledges 5 exchangers that you can use with other payment processors except Paypal. There are of course "underground" exchangers that you can use but you'll risk both your Paypal and Payza accounts. Also, these "underground" exchangers are not safe to use and you may lose the amount you're trying to exchange.
So, your best options would be the following:
1. The bank - withdraw your earnings from either Paypal or Payza to your bank acount (by means of bank transfer or bank wire), then, fund your other processor account using the same bank account. Of course, you'll encounter some fees.
2. Exchange with someone you know - If you trust that person, then, why not?
3. Invest on a site that accepts both payment processor and cashout from the other - Just make sure that they will allow you to invest from one processor and cashout on the other. It may take you long to transfer the full amount from one processor to the other though because you still need to earn that money from the site back.
@wildflow3rz28 (180)
• Philippines
2 Jun 12
I think I'm just going to look for someone who can exchange his payza to my paypal amount. What I do not like with fund exchanges through banks is the hassle and the charges that you have to pay. If you're earning meager amounts from online sites, you exert effort for every cent that you earn and then these charges only steal what you have worked for. :D
@yallit (3677)
• Philippines
2 Jun 12
All so true. However, exchanges through banks should be the priority though if you're exchanging a big amount of money that you're afraid to lose. Better safe than sorry as they say.
I would have suggested to use credit card but it seems like funding Payza using credit card is again under what they call "maintenance". And you can't still withdraw via credit card from Payza either.
If you're going to exchange with someone, I suggest you do that with the sponsor of the site you're going to use it on. I'm sure he'd be willing to assist you without a fee since you'll be spending/investing that money on the site where he'll get his commissions from.
@Mashnn (4501)
•
2 Jun 12
There is no way you can tranfer your money in either of the two unless you find a middle man but unfortunately, most of those websites that claim to help you transfer your money are indeed scam. The other option is looking for someone that you trust and has a Payza account with money. You can tell him/her to send you money in your Payza account while you send to his/her Paypal account.
@wildflow3rz28 (180)
• Philippines
2 Jun 12
Just as I thought so when I searched the internet for ways to exchange the two. I think they are all scams, and besides, the fees are unrealistic :)) Thanks!
@aman1981 (793)
• India
2 Jun 12
Well Their is no ways to transfer fund from paypal to alertpay or vice versa, as in paypal in india your received fund automatically transfer to bank account with in 7 business day and you only transfer fund with link credit card.
well you may use currency exchange website which will transfer fund to any payment processor with some fees.
@Professor2010 (20162)
• India
2 Jun 12
Welcome to mylot
No this is not permitted, but if you know a person, he/she can act as middleman in doing this..
No this is not permitted, but if you know a person, he/she can act as middleman in doing this..
