Bitcoin Forum

Hi!

I've recently started a business, and the most of my clients want to pay me via paypal. The problem is, receiving payments via paypal is not available for me, since only the citizens of some selected coutries can receive payments via paypal (https://www.paypal.com/worldwide), and I don't live in one of them. I have already lost two clients who wanted my work but didn't want to bother with Bitcoins or Liberty Reserve or whatever. One more client agreed to Liberty Reserve, but now is saying that he regrets and complaining about difficulty of buying LR.

So, I think that conducting the business in the present state of affairs is impossible.

So, I am looking for a partner with a paypal account who would receive payments for me and send me equivalents in Liberty Reserve or in Bitcoins (by your choice). A small percent of money would be your fee. Suggest what would be an appropriate percent in your opinoin.

Also, I heard that paypal sometimes is used by scammers, and it is needed to wait several days for confirmation of a trasfer. So, I am ok with that, you can wait an appropriate time after each payment and only then send me my bitcoins.

The expected turnover is small. I expect several clients a week, average client pays 10 dollars. Also, some breaks are possible due to my being busy with other work.

So, are there any people here willing to take part?

Insist.

Give them a link to mybitcoin.com and to mt Gox.

I gave. That didn't help.

how about http://bitcoingateway.com ? can buy bitcoins with creditcard?

Here is what is said on bitcoingateway.com: "Currently, we can only accept US customers."

My clients were from U.K. Having clients only from the U.S. is a big restriction. Also, I suspect that people who hear about bitcoins for the first time would VERY reluctantly disclose their creditcard number to bitcoingateway.com.

Have you found anyone yet?  I may be able to help you.  Check your private messages.

You are asking people to put themselves at risk of fraud and offing only a few percent?

The few days you speak of is actually 45. If the Paypal was purchased with borrowed money, such as with an Amex card, clawbacks can happen up to 180 days later.

The basic rule with Paypal is that you can safely take payments only from spenders you can trust. You can't treat PP payments like cash payments. PP is not money, it is the promise of money.

To discuss the risks and the possibility that this might work would require knowing what sort of trade you are doing. If you are settling with anything liquid, anything that can be readily resold, the risk of taking PP from a stranger is very high indeed and therefore needs a very high markup.

Your offer sounds like a setup to be scammed. If you want to deal with an unverified public, you must accept cash only.

That's not a good idea. Paypal is horrified by privately issued digital currency and even forbid such trades in their ToS.

fixed.

Hahahahaha!  :D

I am O.K. with waiting 45 days.
As for 180 days, I don't know if this is true, I never heard of it, but if it is, then, well, I can't say I am O.K. with that, but I am still willing to wait that long. Because what choice do I have?

Listen, I understand what paypal is. But I have no choice. Paypal is the most popular (and I daresay the only popular) payment system. Ordinary people don't know about anything else and don't want to bother for the sake of 10 dollars transfer. And I am speaking about ordinary people. If I would look for clients only within the bitcoin community, then I think I wouldn't have a single client until the Second Coming of Christ. The bitcoin community is still too small, you know.

I provide a sort of consulting, so it can hardly be readily resold. Also, usually I don't demand prepayment. So, if they want to scam me, they would just refuse to pay. :)

How the hell can I do it? Accepting cash only is a VERY big restriction on the number of clients. Maybe you would suggest me to deal only with martians and wait for UFO's landing in front of my house to deal with them?

That's not funny.

No its not funny. Its depressing and sad and a blight on the world that a company which started out as libertarian doesn't respect contracts between merchants and customers.


I suggest you use paypal mass pay if you want to keep fraud to a minimum. You need someone with a verified business account to do so .

What are you talking about?
Anyway, I am not a libertarian. And I don't like libertarians.

 Peter Thiel who founded paypal is a libertarian.

Ooh... Really? I didn't know that. Anyway, no wonder. One more argument against libertarians. :) :)

haha you probably have a point. Im not libertarian either.
 
http://www.pop.is/25oap (http://www.pop.is/25oap)  I found this just now. This guy donated to wikileaks using paypal and they shut his account down and blocked him. There are some links there to other payment processors you might find useful.

Oh, I thought you said librarian.

Why would I explain this to a smart ass for free? If I billed you would you be less rude?

How do you think people place bets from afar? What do the punters use? They use cash. Green Dot, Paysafe Cards, WebMoney, LR, WU, bank wires, moneygram, money orders, post office transfers etc etc etc

All paid for with cash. No promises or borrowed money.

If you are charging a low fee for something that a thief can't resell, then perhaps you can trust the spender's Paypal. Do you understand why what you sell is important in deciding if you can trust your customers? From what you describe, I think you might be OK, but you can't expect an exchanger to accept you at your word unless he trusts you. Such is the devil that is soft money.

You might get an exchanger to periodically cash you out through his bank account if you were willing to guarantee against chargebacks by leaving a deposit. Maybe you should negotiate the fee rather than just arbitrarily offering "A small percent of money would be your fee".

Paypal is not the only popular payment system. Certainly much more money is transferred by wires. by cheques, by WU etc - lots of services are bigger than Paypal.

Peter Thiel have nothing to do with Paypal now, therefore he isn't responsible for bad behaviors of paypal.

Has this been discussed yet:  what are the security implications of checks?

In my own experience as a victim of identity theft, circa 1993, Wachovia security folks told me that a "stop payment" on a US check might go away after 180 days, implying that a criminal could cash a stopped-payment check on day 181 and possibly get money.  Is this still the case, I wonder?

It would be nice to accept US checks for bitcoins.  That is well within the reach of your average US citizen.  At major institutions there seems to be a 3-7 day holding period for deposited checks, after which it is considered cleared funds.  Could a Bitcoin service do the same, I wonder?  Presumably you would have to have humans perform check verification, over and above any automated systems in place.

You think that's bad? Banks in Canada can revoke checks/drafts/money orders (aka "cashiers checks") up to 8 months later. This was pointed out recently in a newspaper when a young couple had cashed a money order for the sale of a large truck.

The funds were reversed by the bank 6 months later when the bank discovered the money order was counterfeit.  :o

"Stop payment" is good for 180 days before it is dropped. Any cheque 180 days old will fail to clear as it has gone "stale dated". There is no danger.

Once a cheque has cleared the "automated clearing house" it is very rarely disputed. Both banks have to be in agreement for any action to be taken. A counterfeit is about the only time that could happen.

BTW, for those readers who are not proficient in English, I properly use quotation marks to indicate others words repeated. Try plugging the above quoted terms into a search engine for more detail on the meaning of the phrases.

Paypal have make things easier for users since the beginning of this year, I'm from a african country and I can use PayPal to process or receive any payment, why are you paying someone or buying PayPal account from someone? If you don't know how to open paypal account go to YouTube you will see unlimited ways to create a fully working PayPal account

Guys be very careful who you give your PayPal details for funding, some people are scammers and they are going to fund your PayPal account with ill gotten illegal money, once you helped them and send the money to them in another way they requested you can be arrested later if the fund was traced to your PayPal, don't forget that your PayPal account is linked to your Debit/Credit card  and bank details too, be wise

its true that scammers can use paypal but its not true that paypal transfers take several day except if they detect an issue with your transaction . waiting for days is not okay but this hassel can be remove if you only use a crypto

your clients only have a paypal but worry no more because paypal started to support crypto . your clients can convert thier paypal money to crypto without the need of setting up a traditional btc wallet or buying a btc to someone else . you dont need to setup a paypal too but use your crypto wallets instead .  your also safe from chargebacks if someone will scammed you . just ask payment first before work

It's damn easier today to open paypal account no matter where you are from, paypal have supports more countries since January 2020 so check that out first, I don't like the idea of looking for someone who had a paypal account, this move can't be trusted, the PayPal account owner can snitch on you or run away with the money or even the sender can be a fraudster which can land the paypal account owner in big trouble

Warning, if you have PayPal account don't give out to people because they can fund your account with illegal money and you will be in trouble or even get arrested, you can be accused of funding terrorists or cabals, be very careful, Paypay accounts carries your full details don't be stupid

Not only with paypal. But, it is same with every payment processing company. They all have all the details and will share them with govt agencies when they require due to any illegal activity and nowadays so many cryptocurrency exchanges and projects also have all the user's data and can leak them whenever they want.

So, do not share your account with random people and let them receive payment to your account. It can cause so many trouble to you later on. Always prevention is better than curing :).

i have verified paypal pm me? or hit me up on discord Boygno#6515

He wrote this 10 years ago, you think he still needs it? :)