UK eBay & PaypalGeneral discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.
If there is a company that lets you transfer money to theirs, they would be super rich even if they had a low % on each order
Doubt it, they'd probably go bust very quickly. Everyone using them as a 'quick' way of getting cash outta PayPal. They'd be screwed with all the reversals, disputes and chargebacks.
Depending on there policies and people applying to transfer money from a PayPal account to some other e-currency. Or PayPal to CHAPS is also an option people will soon adapt and find there's money to be made. Although never ever deal with an unauthorised "Cash Out" service, as some vendors offer this and they will "Cash Out" but not your money. Like I said there must be some sort of verification system they could use to screen fraudulent transactions. I think it's a brilliant idea but not for me!!.
You can use CCNow for web trading (I used them many years ago for 'adult' material) and you can buy from yourself using your Paypal funds. CCNow will take their percentage which I understand can be quite high.
Once it is in your CCNow account it can be transferred to your bank account.
I believe you have to wait 45 days for the first pay out.
If your business model can stand the percentage then it can work
You can use CCNow for web trading (I used them many years ago for 'adult' material) and you can buy from yourself using your Paypal funds. CCNow will take their percentage which I understand can be quite high.
Once it is in your CCNow account it can be transferred to your bank account.
I believe you have to wait 45 days for the first pay out.
If your business model can stand the percentage then it can work
In theory it sounds very good, but PP will catch on to what is going on if there are constant payments to CCNow, and you know what that means.
Reminds me of something I used to try back in the day about 6 years ago whereby you send money from one PP to another and try to cash out. It all flopped in the end and I had to go permanent stealth in the future because of it.
And what if CCNow are as shifty as PP? They may not transfer the funds to your bank account.
Might be a case of transfering money from one dodgy company to another and ending up with no money for yourself...???
^ I totally agree - if you do find something that works, its not going to last long - I have never found anything I feel confident in. Personally, I not got time for that these days. Also dont wanna pay silly fees etc.
Paypal withdraw to bank - works for my setup.
KISS - keep it simple & sweet
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