Liberty Reserve Shuts Down

When it was announced that Liberty Reserve is going out of business when authorities found out that the founder, Budovsky, is accused for being involved in a money laundering scheme, many were disappointed as it was one of the best payment options that help users maintain anonymity while paying for services such as VPN.

Since Paypal only allows verified accounts to pay for online purchases/subscriptions, many people shifted to Liberty Reserve since users can use the any details they want to. It doesn’t matter if you use your real name, your alias or somebody else’s; as long as you complete the required details, you can have your own Liberty Reserve account.

For users who have been using Liberty Reserve to pay for their VPN subscription, don’t panic just yet. There are other payment method alternatives out there that are even better than Liberty Reserve. We have listed below other payment channels you can use to pay for a VPN service.

  • Paypal – easy and convenient way to send and accept payments online
  • Credit Cards – pay your online purchases in minutes using your credit card (Visa, MasterCard, American Express, Discover)
  • Google Wallet – a virtual wallet for paying for in-store and online shopping purchases
  • Amazon – pay for an online order using your Amazon Payment account
  • Bitcoin – allows instant payments to anyone, anywhere in the world
  • Perfect Money – a new alternative payment method for Liberty Reserve
  • WebMoney – a trusted payment system for paying online orders
  • CashU – a prepaid online and mobile payment method available in the Middle East and North Africa
  • iDeal – a Dutch banking system for paying for online products and services
  • AliPay – China's leading third-party online payment solution

The above list is just some of the several options to Liberty Reserve. Check with your VPN service provider which payment methods they offer. Use the safest payment methods to pay for your VPN subscriptions. Here's a list of some of the many VPN service providers out there.