If you’re running an online business or earning money online, you need a good payment method that provides the opportunity to receive transfers from third parties, and networks, send payments, and that allows you to integrate non-cash payment methods into a website to save on commissions.
Capitalist is an online payment method that allows legal entities and individuals to perform financial transactions without having to report it to the government. We will show you how Capitalist‘s system works and what it does.
Capitalist, what is it?
Capitalist is an online payment method created in the year 2014. Its main clients were affiliate networks and Traffic Arbitrators conducting mutual agreements, along with Capitalist’s representatives, as well as other payment methods logos, Capitalist is a name that is seen often at marketing conferences. The company is registered in the Virgin Islands, which gives it the power of not having to provide any information about its clients’ agreements or transfers to other countries and banking structures, at least until 2020. Now the legislation has changed, but it has a really low effect on the company’s business.
This payment method has the following features:
- Multi-currency wallet for dollars, euros, and even cryptocurrencies like USDT, Ethereum, and BTC.
- You can transfer money to your account with credit cards, bank transfers, cryptocurrencies, or even cash.
- API to integrate the payment method on your website.
- Mass payment features.
For Traffic Arbitrators’ and Digital Marketers’ convenience, Capitalist created a marketplace where you can pay for ad network campaigns and services directly on the platform. Saving you money on commissions or being able to get extra profit.
Registration and verification in Capitalist
To Capitalist online payment system, you just need to register. To do this, go to the Capitalist.net website and click on the registration button, then just fill out the fields and the captcha code.
After sending the needed information, you will have to confirm your email address by entering a code that will be sent to it. Once this is done, the registration is complete, and the new account is assigned an anonymous status. For verified clients, operations on cryptocurrency accounts are available. To verify your account, you will be asked to provide a few documents.
For individuals:
- ID documents scanning: Passport, driver’s license, ID.
- A scanned document confirming your place of residence, bills, letters, or bank statements.
For legal entities:
- Constituent document scanning. Must be originals
- Bank account information.
- Representative/Owners ID verification like with Individuals.
How to top up with Capitalist
You can top up your Capitalist account from any part of the world using the following tools:
- Bank transfers via SWIFT: Only allowed to legal entities. A contract must be set up.
- Cryptocurrencies: Bitcoin, Ethereum, and USDT.
How to withdraw funds from Capitalist
You can withdraw money to PayTM, and cryptocurrencies like Ethereum and Bitcoin.
Commissions vary depending on what you do:
- Capitalist-to-Capitalist transfers are completely free.
- Withdrawing to Webmoney gives a 5% cashback.
Payments can take up to 3 business days to be processed, but bearing in mind the reviews, the waiting time is usually 2 hours.
Other features
Capitalist offers users other services like the following:
- Accepts payments on your website: To do this, just embed the widget on your website. All payments made will go directly to your account.
- The transaction history allows you to filter all actions from the selected timespan and find payment status.
- The built-in marketplace works for Traffic arbitrators to pay for spying services, regular apps, VPSs/Proxies, and ad networks. There are a lot of services among the partners. All services are replenished without any commission. Among the ad networks, are Google Ads, MyTarget, and more.