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Topic: MoneyPak safe? (Read 930 times)
haploid23
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MoneyPak safe?
May 28, 2014, 03:21:43 AM
#1
I want to accept MoneyPak (loading funds from moneypak card into my paypal account) for payment when selling btc. It seems like this is cash and not reversible once you use up the moneypak code. So can someone tell me why moneypak payment is not safe? It's marked as a "high risk" payment on LBC.
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StrictlyBusiness
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Re: MoneyPak safe?
May 28, 2014, 03:51:49 AM
#2
Mp could be bought with fradulant credit card... That's what I'm guessing
jeffersonairplane
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Re: MoneyPak safe?
May 28, 2014, 04:08:15 AM
#3
They can be reversed.
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onlyu
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Re: MoneyPak safe?
May 28, 2014, 04:49:39 AM
#4
Quote from: jeffersonairplane on May 28, 2014, 04:08:15 AM
They can be reversed.
If you can cash out before releasing the money.
BenAnh
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Re: MoneyPak safe?
May 28, 2014, 05:09:05 AM
#5
Not safe so you use it as your own risk!
haploid23
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Re: MoneyPak safe?
May 28, 2014, 05:38:33 AM
#6
Quote from: onlyu on May 28, 2014, 04:49:39 AM
Quote from: jeffersonairplane on May 28, 2014, 04:08:15 AM
They can be reversed.
If you can cash out before releasing the money.
How can they be reversed? I was under the impression you can't pay with a credit card. And once you load the card with cash, you can't get a refund.
Has anyone tried to buy a moneypak with credit card, or tried to get a refund after you've loaded the card?
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Unpopped
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Re: MoneyPak safe?
June 01, 2014, 06:37:28 PM
#7
Moneypak can be reversed, not safe.
joesmoe2012
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Re: MoneyPak safe?
June 01, 2014, 06:46:50 PM
#8
Once it's loaded to your Paypal account you should be fine. However when I tried loading a bunch of MP to my Paypal after a couple thousand paypal locked my account requiring all sorts of difficult to provide ID verification. Took me a few weeks to get it unlocked.
Posted from Bitcointa.lk - #QZqIOry1PBU5D9HT
Check out BitcoinATMTalk -
https://bitcoinatmtalk.com
Unpopped
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Re: MoneyPak safe?
June 01, 2014, 06:50:31 PM
#9
I have used moneypak before, but with a trusted individual.
ganabb
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Re: MoneyPak safe?
June 02, 2014, 04:45:38 AM
#10
Moneypaks are NOT irreversible payments that Means they can be reversed.
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Coinsera
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Re: MoneyPak safe?
June 02, 2014, 01:11:19 PM
#11
Quote from: joesmoe2012 on June 01, 2014, 06:46:50 PM
Once it's loaded to your Paypal account you should be fine. However when I tried loading a bunch of MP to my Paypal after a couple thousand paypal locked my account requiring all sorts of difficult to provide ID verification. Took me a few weeks to get it unlocked.
Posted from Bitcointa.lk - #QZqIOry1PBU5D9HT
Here I am confuse or may be because if it is cash loaded into card how do it can be appeared in my paypal. Not safe at all, I guess.
Merci !
Maidak
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Re: MoneyPak safe?
June 02, 2014, 08:27:07 PM
#12
If I ever accept a moneypak I make sure said person pays cash and gives a photo copy of the receipt. That would be the safest way to accept one.
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