Author

Topic: Paypal 4 bitcoin - US Paypal Service Wanted: Can you process my paypal payments? (Read 667 times)

hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I did not take on this for OP. The terms were not what I was 100% on.
With the above posts now I will not risk my account for any amount offered.
My account is more important to me than a couple of dollars.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
This is where the funds would be coming from by his online services:
https://bitcointalksearch.org/topic/m.15730839

I am in talks with him right now trying to work out an acceptable amount for taking on this amount of uncertainty that has been brought up on this thread. I am leary now to take part in this venture unless I can can feel comfortably compensated for taking on the burden that can occur 180 days down the road.

Has the OP told you why he/she can't open a PayPal account? I bet it's a great story.

KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
I have fully verified US business Paypal account. I made it somewhile back ago and just sits like that. Shame I cant do business with you...

And I cant stop but thinking this sounds a lot like money laundering
How would this be money laundering if he is getting paid for the services that he is providing and the person would be paying him in bitcoin?
If that were the case then the whole currency exchange section would be accused of money laundering emporium.

I'm talking in a sense if we didn't know what he was doing(hmm do we?). Lets say he has a paypal account with funds obtained illegally, he sends the money to your paypal, then you send him clean bitcoins. That's how..
This is where the funds would be coming from by his online services:
https://bitcointalksearch.org/topic/m.15730839

I am in talks with him right now trying to work out an acceptable amount for taking on this amount of uncertainty that has been brought up on this thread. I am leary now to take part in this venture unless I can can feel comfortably compensated for taking on the burden that can occur 180 days down the road.

Why in hell would you risk your account for this vast uncertainty? No amount of compensation will be of consolation if you are caught in some nefarious scheme. I seriously question your judgement or is it blind greed?
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I have fully verified US business Paypal account. I made it somewhile back ago and just sits like that. Shame I cant do business with you...

And I cant stop but thinking this sounds a lot like money laundering
How would this be money laundering if he is getting paid for the services that he is providing and the person would be paying him in bitcoin?
If that were the case then the whole currency exchange section would be accused of money laundering emporium.

I'm talking in a sense if we didn't know what he was doing(hmm do we?). Lets say he has a paypal account with funds obtained illegally, he sends the money to your paypal, then you send him clean bitcoins. That's how..
This is where the funds would be coming from by his online services:
https://bitcointalksearch.org/topic/m.15730839

I am in talks with him right now trying to work out an acceptable amount for taking on this amount of uncertainty that has been brought up on this thread. I am leary now to take part in this venture unless I can can feel comfortably compensated for taking on the burden that can occur 180 days down the road.
newbie
Activity: 28
Merit: 0
I have fully verified US business Paypal account. I made it somewhile back ago and just sits like that. Shame I cant do business with you...

And I cant stop but thinking this sounds a lot like money laundering
How would this be money laundering if he is getting paid for the services that he is providing and the person would be paying him in bitcoin?
If that were the case then the whole currency exchange section would be accused of money laundering emporium.

I'm talking in a sense if we didn't know what he was doing(hmm do we?). Lets say he has a paypal account with funds obtained illegally, he sends the money to your paypal, then you send him clean bitcoins. That's how..
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I have fully verified US business Paypal account. I made it somewhile back ago and just sits like that. Shame I cant do business with you...

And I cant stop but thinking this sounds a lot like money laundering
How would this be money laundering if he is getting paid for the services that he is providing and the person would be paying him in bitcoin?
If that were the case then the whole currency exchange section would be accused of money laundering emporium.
newbie
Activity: 28
Merit: 0
I have fully verified US business Paypal account. I made it somewhile back ago and just sits like that. Shame I cant do business with you...

And I cant stop but thinking this sounds a lot like money laundering
newbie
Activity: 42
Merit: 0
Here's why no one is interested:

You get a customer.

They pay me $10 PayPal.

I send you $10 in BTC (minus commission).

Oops you never sent anything to them. *chargeback*

Or

You sent it but they charge back anyways.

What then? I'm out $10 in BTC.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Looking for a Full member+ to process paypal payments on my behalf.
Someone with a established verified US Premier/Business Paypal that my customers can send payments to.
Preferably someone who is already offering this service to other members. No negative or bought accounts.

It would work like this.
My customers pay into your paypal account
You pay paypal fees
You pay me in btc minus your commision.

Please don't post/Pm if you are not a Full Member+ or have negative (DT) trust rating

I currently offer Official streaming services including 25% discount on Legitimate Netflix Subscriptions. (See my signature)
Obviously most people pay via bitcoin but some prefer to pay with paypal & I want to give them the option.
All my payments are between $3 -$12


Why can't you set up your own PayPal account? Why do you need third-party members to bear the risk for you? This is an extremely risky proposal you are offering here.

Sounds and stinks like an MITM scam. There is no way your bitcoin partner knows that you will deliver to those customers. If all those "customers" decide to do a chargeback later, guess who suffers the loss here.


That is a good question now that you mention it.
I wouldn't want my account to be at any kind of risk from a mass amount of chargebacks. Embarrassed
If there is a chance of that happening then I would need to request more in a commission to equate in taking on this a probability of this happening.
hero member
Activity: 896
Merit: 1082
Looking for a Full member+ to process paypal payments on my behalf.
Someone with a established verified US Premier/Business Paypal that my customers can send payments to.
Preferably someone who is already offering this service to other members. No negative or bought accounts.

It would work like this.
My customers pay into your paypal account
You pay paypal fees
You pay me in btc minus your commision.

Please don't post/Pm if you are not a Full Member+ or have negative (DT) trust rating

I currently offer Official streaming services including 25% discount on Legitimate Netflix Subscriptions. (See my signature)
Obviously most people pay via bitcoin but some prefer to pay with paypal & I want to give them the option.
All my payments are between $3 -$12


Why can't you set up your own PayPal account? Why do you need third-party members to bear the risk for you? This is an extremely risky proposal you are offering here.

Sounds and stinks like an MITM scam. There is no way your bitcoin partner knows that you will deliver to those customers. If all those "customers" decide to do a chargeback later, guess who suffers the loss here.

hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I could start doing this right now for you. Just let me know when your first order is and I will send you the details that are needed.
I did mean 72 hours to get the bitcoin to you.
sr. member
Activity: 980
Merit: 282
Catalog Websites
Thanks. For quick response.

But would need to be able to pay you in btc within 72 hour period for the first one.
I deal primarily in Btc. Want to offer paypal to attract a few more customers.
But can't guarantee when the first customer will pay might be within 72 but could be within 14 days.
Unless you mean there will be a delay between when you receive the first payment & when you pay me in btc?
In which that would be fine.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
I could do this for you. The amounts don't seem to much for a paypal account to handle.
Once it goes into higher amounts in one payment then I can see it being an issue.
My account is not business but it is verified.

Let me know if you want to me to do this for you. I am ready!  Smiley

But would need to be able to pay you in btc within 72 hour period for the first one.
sr. member
Activity: 980
Merit: 282
Catalog Websites
Looking for a Full member+ to process paypal payments on my behalf.
Someone with a established verified US Premier/Business Paypal that my customers can send payments to.
Preferably someone who is already offering this service to other members. No negative or bought accounts.

It would work like this.
My customers pay into your paypal account
You pay paypal fees
You pay me in btc minus your commision.

Please don't post/Pm if you are not a Full Member+ or have negative (DT) trust rating

I currently offer Official streaming services including 25% discount on Legitimate Netflix Subscriptions. (See my signature)
Obviously most people pay via bitcoin but some prefer to pay with paypal & I want to give them the option.
All my payments are between $3 -$12
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