-- Begin B GPT Insanity: Auto-Surf-Money.com Payment Processor

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Tuesday, February 21, 2006

Auto-Surf-Money.com Payment Processor

The recent problems with Stormpay has created a vacuum for other payment processors to replace.

One of the more highly anticipated processors, Auto-surf-money.com, officially opened its doors on 15th Feb 2006. Alexa shows a web traffic reaching a peak of about 150 million hits somewhere around Feb 16-17, though this has since dropped significantly. Strangely enough, there is a review on Alexa, but it appears to be outdated - the domain was previously an autosurf.

The creators of auto-surf-money.com appear to be owners of 2 other autosurfs, recently merged into one, eprofitsurf.com and autosurf.biz. The idea of using an in-house payment processor is not a new concept. Studiotraffic.com, another autosurf program that has been operating for over 2 years, created their own processor, StudioPay.com. The stability of Studiotraffic has been under scrutiny for the last few months, but that is a separate issue.

These are the current fees for Auto-surf-money.com, as stated on their website 21/2/2006:
Open an account: FREE

Send Money: FREE

Receive Money: 2.0% plus $0.25 USD per transaction

Withdraw Funds
Check from Auto-Surf-Money = $8.00
Electronic Wire Transfer $35.00
Withdraw to Atm/Debit Card $3.50 (coming soon)

Deposit Funds
Fund by Credit Card = 3.5% +0.39 Per Transaction
Fund by Online E-Check = $ 2.00
Fund by Money Order = $2.00

The transaction fees are comparable to other payment processors, although withdrawal fees appear to be relatively high.

Although not listed, there is a funding option via e-gold, with a fee of 3.5% + $ 0.50.
Minimum deposit is $10.

You can also withdraw your money via e-gold, and strangely enough, via Paypal. The fee (for both) is 3 % + $0.39.

There is also an affiliate program. The current commission is 1% on a single level referral system - no doubt, the aim of this is to steer away from the stigma of the multi-level referral commission system (Stormpay being a famous example).

It is still uncertain whether the autosurf industry will embrace this new processor, although the initial response looks promising. At the moment, there appears to be over 9700 members signed up. Auto-surf-money.com is obviously aimed at the autosurf industry, but it has the potential to be so much more.


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