Does MoneyPak support any exchanges?
No exchange I know of currently accept MoneyPak as deposit.
Topic: MoneyPak (Read 1130 times)
Does MoneyPak support any exchanges?
I forgot who it was, but someone on this board once said everything can be reversed. There are just different levels of how hard and soft payments are.
PayPal is very soft.
Western Union and MoneyGram are hard.
MoneyPaks are somewhere in the middle.
When trading, you should do what works best for you. I personally cannot believe some people still sell for PayPal. But hey, it works for them. Or at least they think it does.
PayPal is very soft.
Western Union and MoneyGram are hard.
MoneyPaks are somewhere in the middle.
When trading, you should do what works best for you. I personally cannot believe some people still sell for PayPal. But hey, it works for them. Or at least they think it does.
Yes.
And even wire transfer can be reversed.
I forgot who it was, but someone on this board once said everything can be reversed. There are just different levels of how hard and soft payments are.
PayPal is very soft.
Western Union and MoneyGram are hard.
MoneyPaks are somewhere in the middle.
When trading, you should do what works best for you. I personally cannot believe some people still sell for PayPal. But hey, it works for them. Or at least they think it does.
PayPal is very soft.
Western Union and MoneyGram are hard.
MoneyPaks are somewhere in the middle.
When trading, you should do what works best for you. I personally cannot believe some people still sell for PayPal. But hey, it works for them. Or at least they think it does.
So now moneypak can be charged back as well? A while ago it was only paypal and then I read a post here somewhere that some scammer charged-back skrill. It's getting hard n hard to trade bitcoins, isn't it?
Not "now" -- always. Always be careful sending bitcoins in exchange for a 3rd party-backed payment.
So now moneypak can be charged back as well? A while ago it was only paypal and then I read a post here somewhere that some scammer charged-back skrill. It's getting hard n hard to trade bitcoins, isn't it?
Moneypaks are on their way out next year. Use them while you can.
I lost a good deal of money trading online poker funds for moneypaks and getting scammed. 
Apparently, if you use a bad moneypak to load your greendot card, you get your account locked and possibly banned.
https://bitcointalksearch.org/topic/m.7630539
https://bitcointalksearch.org/topic/m.7630539
Can greendot card user cash it out at atm to prevent any reverse?
Apparently, if you use a bad moneypak to load your greendot card, you get your account locked and possibly banned.
https://bitcointalksearch.org/topic/m.7630539
https://bitcointalksearch.org/topic/m.7630539
I'm a tad confused now. This whole time I though Greendot was the company and moneypaks that you buy is the product from Greendot. But it seems like these are separate companies and separate products?
Which can be charged back, the Greendot card or the moneypak?
They can be charged back. Abuse does not seem as widespread as with Paypal, but I'd say, only deal with reputable people.
Which can be charged back, the Greendot card or the moneypak?
the moneypak can be charged back. the Greendot card is just a prepaid debit card like any other -- so if a moneypak you loaded onto it was charged back they would take from your balance. i don't know that they would necessarily close your Greendot card account, not sure.
I'm a tad confused now. This whole time I though Greendot was the company and moneypaks that you buy is the product from Greendot. But it seems like these are separate companies and separate products?
Which can be charged back, the Greendot card or the moneypak?
They can be charged back. Abuse does not seem as widespread as with Paypal, but I'd say, only deal with reputable people.
Which can be charged back, the Greendot card or the moneypak?
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I was under the impression this is a safe method since you have to buy the moneypak with cash, hence it can't be charged back.
Not through conventional means, but I'm sure I've heard stories of people claiming they had calls from Greendot that the card they applied was fraudulently obtained and that they'd have to reverse the transaction.
So the only purpose of buying this card is to load the balance onto your paypal. I was under the impression this is a safe method since you have to buy the moneypak with cash, hence it can't be charged back.
However I've seen a post or two that said the moneypak was somehow charged back and they got scammed. I think some people also got their account frozen from using illegitimate moneypak. Any comments to verify this? Or just in general how safe moneypak is?
However I've seen a post or two that said the moneypak was somehow charged back and they got scammed. I think some people also got their account frozen from using illegitimate moneypak. Any comments to verify this? Or just in general how safe moneypak is?
No, I originally started using them to cash out of online poker sites (P2P), to load onto prepaid Greendot cards. I only started noticing the Paypal thing maybe a year ago, I think that came later.
They can be charged back. Abuse does not seem as widespread as with Paypal, but I'd say, only deal with reputable people.
As far as I understand, BTC sellers sold BTC for MoneyPak, and before they could redeem it to their PayPal, the buyer redeems it first, so the seller gets scammed.
if they buy the money pack with cash they would have to file a police report to get the moneypak cancelled, and i think most people use moneypaks to load on their geendotcards.
So the only purpose of buying this card is to load the balance onto your paypal. I was under the impression this is a safe method since you have to buy the moneypak with cash, hence it can't be charged back.
However I've seen a post or two that said the moneypak was somehow charged back and they got scammed. I think some people also got their account frozen from using illegitimate moneypak. Any comments to verify this? Or just in general how safe moneypak is?
However I've seen a post or two that said the moneypak was somehow charged back and they got scammed. I think some people also got their account frozen from using illegitimate moneypak. Any comments to verify this? Or just in general how safe moneypak is?
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