Solid Trust Pay and Paypal

[Decub]

Well, I feel STP will match PayPal a lot only and only if they would gain much access to the online stores. This is a task that will take STP almost years to accomplish because the reason PayPal has gained much confidence is their presence as a means if payment in buying and selling.

 

[Pettyeve]

I don't see STP coming close to PayPal even in the next 5 years. PayPal has made a name that will not be easy for any payment processor to make in a little time. Their security system is one of the best and they are well trusted.

 

[sindarin]

So do i, but we need to know also that STP is totally different than Paypal, paypal is create for consumer or people that want have comfortability in earn money and sell something through an online shops or auction site like ebay, while STP it seems create for all around business included HYIP.

 

[hadg33]

HYIPs,Cyclers,Matrixes,MLM etc made STP to be more popular but I noticed that it is just perfect with HYIPs. STP is always having issues with Cyclers/MLM because I can see that in some programs that I invested in,admins of those programs are always removing STP as one of the payment processors that is been used in the program. I don't really like STP because of the high fees.

 

[Decub]

So do i, but we need to know also that STP is totally different than Paypal, paypal is create for consumer or people that want have comfortability in earn money and sell something through an online shops or auction site like ebay, while STP it seems create for all around business included HYIP.

Exactly, if not now that Paypal has increased its tentacles a lot to digress into a lot of all other online earning means. I feel that the reason for the creation of Paypal or its establishment was mainly to foster relationship between online merchants and buyers while STP would cut across all nooks and crannies.

 

[hadg33]

Even if STP has some online shops or stores that accepts it just like paypal,I still don't think it will ever compete with paypal. Paypal is more regulated and so many users of it are comfortable with it but in STP,so many users complained about it. I don't think I will prioritize STP in the nearest future.

 

[Decub]

Same here. To me, STP has a very long way to go when it comes to getting close the the achievement PayPal has. I was thinking that by now, they would have been all over the popular stores because of the wag it was talked about some three months ago. They might just end up being the way they've been because I am yet to see that which makes them get close to PayPal.

 

[ryuken]

STP seems to be slowed down because of less investment into the get paid quick type of programs. after the loss of LR, people have moved to the STP for the payouts but it seems like that STP is not accepting the programs like that anymore, same with paypal.

 

[hadg33]

What programs are you talking about,I can see that STP is been seriously used in HYIP but most investors prefers to use PM simply because the fees of PM can't be compared to STP. STP is also been used in MLM,Matrixes or Cyclers but I don't know the admins of Cyclers are mostly having issues with STP.

 

[Decub]

That might just be because sometimes, STP becomes too hard on the users as I can remember some people in some forums complain of hoe STP blocked their account in the heat of the period that US was against PM. So far, I still do not find them indispensable, so there are just those that can easily substitute it.

 

[ryuken]

Yes, the verification process from the STP seems to be the hardest of all. They have made it very hard to even send the document. old interface of the site and the odd way to verify makes me want to skip them for the usage as well.

 

[Decub]

Sometimes it baffles me to see some of these easily replacable payment processors become unnecessarily strict because for my kind of user, I wouldn't even bother verifying an unregulated payment processor when the process is tedious because it's not just worth the stress.

 

[ryuken]

STP and Paypal both have their own way to manage the funds and they are trying to be under regulation too. which is something we can find it easy to verify based on their rule sand the amount of money they make sure go through the payment processor.

 

[hadg33]

Well,I can only tell that STP is being regulated in Canada,if we take a proper look at the site we would be able to see that in the buttom of the site. Anyway,I also read a lot of negative comments about the payment processors in different forums. As for me I don't think I have a problem with STP. The high fees is what is making me not to prioritise it. If not for the fees,I would so much like the payment processor.

 

[ryuken]

Hmm, however they are going to be regulated and considering more rules to be added. I am sure US will maintain some level of control on them too. it just makes me feel odd about how some of the people will use them if they are not going to accept some of such countries. which are not listed in their site.

 

[hadg33]

Yes,the U.S would have some level of control over them as Canada and U.S shares the same bother. STP even has an office in the United States so I believe they have something to do with the U.S. Well,I think is only few countries that are blacklisted,let me say 21 countries can't make use of STP but I think it is still low compared to number of countries Paypal blacklisted.

 

[ryuken]

And the office if located in another country then they have to follow all sort of advice of the same government there. so that way they are under obligation to follow the rules of the US all over the world too. it is quite possible to see that they may become even strict in that case.

 

[Decub]

For the simple fact that STP is a Canadian payment processor and there is PayPal which is entirely US, there would be that shadow with respect to the two. STP and PayPal cannot draw lines and battle as same because US wouldn't permit that. However, STP would stay for long since it is owned by a country that has that tie with US.

 

[sindarin]

For the simple fact that STP is a Canadian payment processor and there is PayPal which is entirely US, there would be that shadow with respect to the two. STP and PayPal cannot draw lines and battle as same because US wouldn't permit that. However, STP would stay for long since it is owned by a country that has that tie with US.

STP is canadian but i am not sure if they can beat paypal, and it seems they are more like paypal rather than other payment processor, one thing i like about them that they still accept some high risk program like Cycler and that is good for usesr that want to use STP in business like that.

 

[Decub]

Surely they can't. PayPal has come of age if I must use that word. The e payment system has gained so much ground in the payment world that it will take more than ages to over turn their achievement. STP might still be doing fine in the areas they cover but definitely not to overcome PayPal.