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Topic: MoneyPak - page 2. (Read 6967 times)

legendary
Activity: 3010
Merit: 1031
RIP Mommy
January 04, 2013, 07:02:32 PM
#6
So always get a receipt+MP pic/scan, match the MP public code to the receipt, and ensure that it was purchased with cash. Reject if not cash-purchased.
legendary
Activity: 1400
Merit: 1005
January 04, 2013, 02:39:04 PM
#5
They can be reversed.  I have heard that if the person cancels the credit card transaction used to purchase the moneypak, then paypal will take away the value of the moneypak from your account.  I have also heard that some stores will even allow you to return a moneypak, but that is unverified.

All I know is, moneypaks might be a little bit safer than using paypal directly, but certainly not fool-proof, and certainly still something that people can abuse.

Hmmm... that is a bit disconcerting.  Undecided

I was under the impression you could only use cash to buy MoneyPak for some reason.
Interesting... according to eHow, you are correct:  http://www.ehow.com/info_8501613_can-credit-card-buy-moneypak.html

And actually, I recently received a donation for my Minecraft community with someone who purchased a moneypak with their visa gift card (per my recommendation), then gave me the moneypak code.  So I agree with D&T that some places allow debit card/cash cards to purchase moneypaks.
donator
Activity: 1218
Merit: 1079
Gerald Davis
January 04, 2013, 02:37:09 PM
#4
Everything can be reversed.
Cash can be reversed.
Bankwires can be reversed.
Bitcoins tx can be reversed.

Stop thinking in black or white; irreversible vs reversible, safe vs unsafe.

Start thinking about HOW HARD IS THIS TRANSACTION TO REVERSE.  MoneyPaks are relatively hard to reverse but it can be done especially when the person accepting is naive or sloppy.

Some locations allow you to buy a MP with a debit card. 
member
Activity: 112
Merit: 10
January 04, 2013, 02:34:43 PM
#3
They can be reversed.  I have heard that if the person cancels the credit card transaction used to purchase the moneypak, then paypal will take away the value of the moneypak from your account.  I have also heard that some stores will even allow you to return a moneypak, but that is unverified.

All I know is, moneypaks might be a little bit safer than using paypal directly, but certainly not fool-proof, and certainly still something that people can abuse.

Hmmm... that is a bit disconcerting.  Undecided

I was under the impression you could only use cash to buy MoneyPak for some reason.
legendary
Activity: 1400
Merit: 1005
January 04, 2013, 02:18:10 PM
#2
They can be reversed.  I have heard that if the person cancels the credit card transaction used to purchase the moneypak, then paypal will take away the value of the moneypak from your account.  I have also heard that some stores will even allow you to return a moneypak, but that is unverified.

All I know is, moneypaks might be a little bit safer than using paypal directly, but certainly not fool-proof, and certainly still something that people can abuse.
member
Activity: 112
Merit: 10
January 04, 2013, 01:55:48 PM
#1
If I understand correctly, MoneyPak payments are safe to accept and cannot be reversed?

I can't imagine how they could be reversible, but I just wanted to confirm this before I start selling BTC and accepting MP payments...

Thanks,

--ATC--
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