As a web marketer one of your basic concern is about the payment system, How will the buyers make payments on my site and How can I add more payment options to my website ? These questions will be on top of your priority list as a web marketer. Of course there is paypal which is one of the largest web payment system around but paypal does not accept merchants from all niches. If you have an online casino, poker or a betting website paypal will not accept you as a merchant and you will need to look for other online payment processors to handle your transactions.
Liberty Reserve is one such system that allows any online store or web business to operate as a merchant and use its system to collect payment from customers. It claims to be the largest payment processor and money transferer in the world. Liberty Reserve is an account-based E-currency System which operates in the same manner as paypal, where you can store or trade your money in US Dollars, Euros and make or receive payments to other people. All payments are safe reliable and confidential, Liberty reserve is instantaneous and real time currency for International Trade. Just like paypal you can send and receive payments from anywhere in the world.
One of the main features of Liberty Reserve is that payments are irrevocable, unlike bank payments like wire transfer or checks and other online payment systems like paypal. Liberty Reserve is protected by an off shore trust and is backed 100 % by US Dollar for Liberty Reserve US accounts. Liberty Reserve has one of the lowest transaction fees, its fees are lower than top online payment systems like paypal and moneybrokers.
Liberty Reserve has website owners and web merchants in the following niches :
– Debit Cards
– Internet Services
If you have a web business that falls in the above niche then you many want to consider adding as one of the payment options to your website.