Payment system Solid Trust Pay. Solidtrustpay: registration, account replenishment and withdrawal of money More about STP
Canadian payment system, operating since 2006. At the moment, it is the only payment system available to PTC sites that works with credit cards both for replenishing an account and for withdrawing money from the system. Many sites are starting to introduce this system, so I am writing detailed instructions for registering and working with Solidtrustpay.com.
Types of accounts and registration in the SolidTrustPay system
2) Send scans of your documents by email (indicate your login in the letter)
3) You can send it by regular mail, but I think this is not an option at all and I won’t write the address where to send it
You don't need such verification to work, so don't worry if you don't have the necessary documents.
4. BANK VERIFIED - elite account status that allows you to work with bank transfers.
The first 2 verification points are the same as the standard one.
Step 3 - fill out the Bank Authorization Form, located in MY BANKS & CARDS.
A verified account in the system is required for payments over $1000.
Top up your SolidTrustPay account
1) Credit or Debit Card Deposit is the most acceptable way to replenish your account. Cost 6.5% + $1.50, not profitable for small amounts.
ACTIVE and CREDIT CARD VERIFIED users can add a maximum of $150 per day.
Verified users: maximum $500.00 per day.
2) Bank Wire SWIFT Transfer - transfer cost $20, takes 2-4 business days.
3) Check/Money Order/Bank Draft - free, but takes 3-15 banking days
Withdrawal of money in the SolidTrustPay system
1) Credit Card - available for Credit Card Verified and Standard Verified users, cost $5.
CREDIT CARD VERIFIED: daily limit $500 USD
STANDARD VERIFIED: daily limit $999 USD
Withdrawal time is 4 working days.
2) Bank Wire Transfer - only for BANK Verified users, cost $40.
Transferring money in the system
As I wrote above, to transfer money you need a SolidTrustPay user login. You are not charged any commission for transferring money; I have already indicated the commission for receiving money.
PERSONAL ACCOUNT: 1.5% + $0.25
BUSINESS ACCOUNT: 2.5% + $0.30
CORPORATE ACCOUNT: available only to those with a verified bank account, their rates are 3.5% + $0.50
MICROPAYMENTS ACCOUNT: for receiving micropayments (relevant for project owners who enable mass payments) - 5% + $0.05 per transaction.
Affiliate program at Solidtrustpay
We present to you another product of Canadian developers - SolidTrust Pay, one of the most popular and reliable payment systems in the world. Canada rightfully takes a leading position in the development of such services and SolidTrust Pay is a clear confirmation of this. The service began its work back in 2006 and is currently the only existing RTS system that allows you to top up your online account with credit cards and withdraw money to them. In today's global e-commerce market, a huge number of sites use and an increasing number
is implementing this payment system, so its capabilities and advantages should be described in more detail.
SolidTrust Pay allows you to create two types of accounts. The first is a personal or personal account - Personal Account, which is issued upon registration and is the main one for most users. It has the most favorable commission fees in the system, they are only 1.5% and $0.25 per incoming transaction. But the transfer of funds to other accounts is carried out without any commission at all, which applies to any type of account. The second type of account is the Business Account, which is used primarily for commercial purposes and is intended primarily for
website owners, webmasters and companies running their business on the Internet. If you use a commercial account, you will be subject to a fee of 2.5% plus 30 US cents for each incoming payment.
The Canadian payment system is one of the few where the account owner’s details are his login. This is the data, if specified, another participant in the system will be able to make a transfer. On websites and in payment requests, you must indicate your login, and not your email address or account number. At the same time, the service offers several functions for
security and protection of funds. When creating an account in the system, you must create and enter a “secondary password” - a repeat password, which, like a PIN code in other systems, is needed to confirm transfers and any other actions in your personal account. The payment system also allows you to create a secret question and answer, this will help you get
access to your account if your IP address has changed. When registering, you must confirm your email address by clicking on the link in the received email; the fields are required and the data must be accurate.
An even greater degree of protection is organized at the level of mandatory account verification, which increases the degree of trust in the account and the level of ability to deposit or withdraw funds from the system. The first type of verification gives your account the status “ACTIVE” and is provided immediately after registration. From the moment you receive this status, you can
receive money into your account and freely transfer money with a limit of $250 per day. But withdrawing money to a bank card is only possible through specialized exchange offices. The second type of verification is “CREDIT CARD VERIFIED”, which allows you to directly work with bank cards both for replenishing an account in the payment system and for direct withdrawal of funds. This status can be obtained by going through a simple procedure of adding and confirming a bank card number in your personal account. You just need to add a card, fill out a special authorization form and wait for approval. All this happens at the time of verification and does not require the attention of payment system employees. The third type of verification is “STANDARD VERIFIED” - documentary confirmation of the owner’s identity, which is necessary mainly to increase the limits of financial transactions. You can undergo such verification by uploading scanned copies of your documents in your personal account and sending them to a special service email (). After viewing them, the employee will set the appropriate status for you. And finally the last type
verification – “BANK VERIFIED” – the most privileged account status, which allows direct transactions with bank accounts. It removes any restrictions and is used, as a rule, by large companies for mass payments.
The SolidTrust Pay electronic payment system allows you to top up your account using debit and credit cards. The cost of replenishment in this case will be 6.5% plus $1.5, which is not profitable for very modest amounts. Users of accounts that have passed the initial verification and have “attached” a payment card to their personal account can credit,
thus up to $150 per day. But the owners of documented accounts receive the opportunity to replenish daily amounts of up to $500. It is also possible to top up using “Bank Wire SWIFT Transfer” with a commission of $20 and “Cheque/Money Order/Bank Draft” for free, but with a wait of 3 to 5 banking days. In the first
In this case, enrollment takes place within 2 to 4 days.
As for money transfers in the system, everything is simple and clear. You will need your user login. You will not be charged any commission when making a transfer. However, it is worth detailing the commission fees when receiving payments. Owners of a personal account (PERSONAL ACCOUNT) lose 1.5% plus 25 cents on each incoming payment. For owners of commercial accounts (BUSINESS ACCOUNT) they incur more significant expenses - 2.5% and 30 cents on all incoming transactions. For those who have verified and received a bank account,
the commission is 3.5% plus 50 cents per transaction. For project owners who need to make mass payments for different amounts, the “MICROPAYMENTS ACCOUNT” with a commission of 5% plus 5 cents per transaction will be convenient.
The SolidTrust Pay payment system offers its participants to take part in an affiliate program to attract referrals at two levels. At each level, the participant who invited the referral receives 1% of the commission that his referral will pay when making transactions.
With minor shortcomings and a relatively inconvenient interface (according to system users), the SolidTrust Pay electronic payment service is reliable, convenient and safe, and is also an indispensable tool for effectively conducting e-commerce and building a successful business on the Internet.
SolidTrust Pay (STP) is an international electronic payment system created in 2006 in Canada. Users have repeatedly recognized it as one of the most reliable in the world. STP has gained great popularity among residents of America and some European countries. The owners of the service are SolidTrust Pay Canada Inc. (Canada) and SolidTrust Pay Ltd. U.K. Inc. (Great Britain).
Using SolidTrust Pay, you can pay in an online store, make an internal transfer, transfer electronic money to the account of another payment system, top up your mobile phone account and pay for Internet service providers directly from your STP account. The company issues its own payment cards and also works with debit cards from various banks.
All transactions within the system are carried out in electronic money, equivalent to real financial assets (dollars, euros).
Registration. SolidTrust Pay account managementThe system provides 3 types of accounts: Personal, Business and Corporate.
A personal account allows you to make purchases in online stores; make instant money transfers; receive compensation as part of the affiliate program. In addition, users have access to several ways to replenish their account in more than 100 countries around the world.
Business account owners can set up payment acceptance on their website, including accepting payments for goods and services from clients who are not STPay users (payment by credit/debit card); quickly withdraw company funds using several popular methods in different currencies; receive remuneration as part of the affiliate program; place your store in SolidTrust Pay Shopping Mall for free; Receive a free consultation from specialists on setting up a merchant.
A corporate account provides almost the same opportunities as a business account: accept payments from clients of online stores; withdraw funds in several ways in different currencies; participate in the affiliate program; receive free consultation from specialists. However, it is intended for large corporations and firms with large cash turnover. A corporate account has all the necessary tools to conduct large transactions.
You can select the type of account (personal or business) during registration. Activation of a corporate account is carried out in the Merchant Zone menu section of your personal account.
To register in the SolidTrust Pay system, you must fill out a special form on the system’s website. It contains the following data: first name, last name (for a business account - company name and representative data), date of birth, occupation, citizenship, residential address, login password, payment password, e-mail, telephone number, secret question and answer.
The account is managed using the menu built into your personal account.
The system website is available only in English. However, this problem can be easily solved with the help of modern translation tools.
Deposit/withdrawal of funds. System tariffsThere is no fee for registering in the SolidTrust Pay system. Account maintenance is also free of charge (except for corporate accounts). The monthly maintenance fee for a corporate account is $15.
Outgoing payments in the SolidTrust Pay system are made without commission. Incoming transfers can be received with a commission of 1.5% + $0.25 for personal clients, 2% + $0.25 for business account holders, 3.5% + $0.25 for corporate account holders.
You can top up your SolidTrust Pay wallet using a bank card, the commission will be $1.50 USD for each transaction + 5.5-6.5% of the payment amount; by bank transfer with a commission of $15-$20; from a Bitcoin wallet.
You can withdraw funds to a VISA/MasterCard bank card for a fee of $5; using a check, the commission will be $4-$10; by bank transfer or to your own SolidTrust Pay card - STPay Card.
SolidTrust Pay limits. Account verificationThere are several verification stages in the SolidTrust Pay system, and by passing each of them you increase the level of your account.
After registering in the system, you are assigned the Active status. With it you will not be able to exchange currency, the daily limit on payment transactions will be $250, you can top up your STP account with no more than $999 per day by bank transfer (no more than $150 by credit card, $250 by electronic check). Active account owners will be able to withdraw no more than $500 by check. Withdrawal to card from this account is not possible
If you add your credit card information to your account by filling out a special form - Card Authorization Form, and deposit $2/€3 from the specified card into your account, you will receive Card Verified status. In addition to the opportunities that the Active account provides, you will be able to withdraw funds to a bank card (up to $250 per day), and the limit on payment transactions will be slightly higher - $500 per day.
To obtain Standard Verified status, you will need to confirm the residential address specified during registration, as well as pass the ID verification procedure. Limits on deposits and withdrawals of funds for owners of Standard Verified accounts are much higher. Thus, the daily limit on payment transactions will be $9999. The number of ways to replenish an STP wallet will also increase. Standard Verified owners can deposit up to $10,000 by bank transfer, $500 by credit card, or $999 by check. You can withdraw funds using a check (up to $1000 per day), to a credit card (up to $500 per day). In addition, after passing verification, you will be able to exchange electronic currency and issue an STP Debit Card (up to $2000 can be transferred from/to the STP Debit Card per day).
The greatest opportunities for STP users are provided by a Bank Verified account. Its owners receive an additional option for withdrawing funds - by bank transfer (up to $10,000 daily), as well as extended limits. Thus, users who have passed full verification can top up their account with a bank card in the amount of up to $1000 per day. A similar amount can be withdrawn to the card daily.
Security in SolidTrust PayWhen choosing a payment system, the user is primarily concerned with the issue of security and safety of funds in the accounts of the electronic system.
SolidTrust Pay, in addition to the standard SSL protection for such systems, also provides a number of individual measures. So, when registering in the system, you will need to enter two identifier passwords - one to log into the system and view personal data, the second to confirm any payment transaction (when transferring funds both within the system and outside it).
In addition, STP provides identification by IP address and browser. In other words, if a user tries to log into the SolidTrust Pay personal account from an unidentified IP address or browser, the system will request an additional PIN, which is sent by email upon registration.
In the instructions for STP users, clients are advised to follow basic confidentiality rules when working with an electronic wallet - do not disclose passwords and login to third parties, use passwords consisting of numbers, letters of the large and small registry, do not enter as a contact e-mail, which is used for mailings and other public information.
To withdraw funds to a bank card (replenish an account from a bank card), users will need to verify their account (send for verification a copy of an identification document confirming their residential address).
affiliate programSolid Trust Pay has a two-level affiliate program. Each referral brings you 1% of the commission that he pays to the system. If your referral also became a participant in the affiliate program, you will receive another 1% of the commission of all participants invited by your referral.
- High level of reliability of payment transactions and safety of financial assets;
- Ease of use;
- Anonymity of accounts (information about transactions carried out, the parties to the transaction and its amount is strictly confidential);
- Issue of branded payment cards;
- Availability of an affiliate program.
Disadvantages of SolidTrust Pay:
- Many users consider the main disadvantage of the electronic STP system to be a poorly structured and inconvenient interface;
- Lengthy and complex registration procedure;
- Some users consider the increased security measures unnecessary;
- The system website does not have a Russian version.