PexPay is an alternative payment processor, which is now working in an aggressive manner to strengthen its positions on the HYIP market compared to the leading payment processors, widely used by the HYIP admins,Liberty Reserve, Perfect Money and SolidTrustPay.
PexPay in its turn is a brand new payment processor and can become a solid alternative to SolidTrustPay for it also required verification from members. The PexPay processor is entirely registered in the US, hence requiring verification is an extra security layer for better funds protection.
So far it's not rather popular among HYIP investors and HYIP admins, however the management is trying hard to become a leader in this niche. NewGNI, which is one of the leading HYIP opportunities online has already added PexPay as the payment option, which can give a big spur to adding it by more and more merchants online.
With the purpose of attracting investors and admins attention, the management of PexPay has recently reduced the transaction fees, and notified its customers in the newsletter given below:
"Fee Update
Hello PexPay Customer,
We have exciting news! We have lowered our per transaction fee from $0.39 to $0.24. It doesn't seem like much, but it will equate to big savings for you in the long run. This change was due directly to customer feedback. We thank you for your continued support of PexPay and look forward to serving your next payment needs.
Thank you, PexPay".
Well, obviously, PexPay payment processor is currently growing and developing. Very much likely it will take its own niche in the HYIP industry, although right now it simply can't compete with such monsters as Liberty Reserve, Perfect Money and SolidTrustPay.