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Author Topic: MoneyPak safe?  (Read 796 times)
haploid23
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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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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
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StrictlyBusiness
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May 28, 2014, 03:51:49 AM
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Mp could be bought with fradulant credit card... That's what I'm guessing
jeffersonairplane
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May 28, 2014, 04:08:15 AM
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They can be reversed.
onlyu
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May 28, 2014, 04:49:39 AM
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They can be reversed.

If you can cash out before releasing the money.
BenAnh
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May 28, 2014, 05:09:05 AM
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Not safe so you use it as your own risk!
haploid23
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May 28, 2014, 05:38:33 AM
 #6

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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June 01, 2014, 06:37:28 PM
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Moneypak can be reversed, not safe.
joesmoe2012
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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

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June 01, 2014, 06:50:31 PM
 #9

I have used moneypak before, but with a trusted individual.
ganabb
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June 02, 2014, 04:45:38 AM
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Moneypaks are NOT irreversible payments that Means they can be reversed.

Coinsera
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June 02, 2014, 01:11:19 PM
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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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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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