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  #1  
Old 06-16-2008
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Default has anyone tried just dumping paypal funds into their own ccnow account?

How many of you have tried opening up a ccnow account, and just sending paypal immediately after you recieve it to your ccnow account to avoid funds being locked up?
Pros?
Cons?
thanks
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Old 06-17-2008
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Probably not many. But EBayhateLuv might be able to give you pros on cons on this.
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Old 06-18-2008
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I'll give you a quick con - You're spending nearly 8% of your sale on merchant fees.
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Old 06-18-2008
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yeah its possible but you should really should wait a while and then send it.
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Old 07-23-2008
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If you send it to your CCnow, don't you have to enter a tracking # in CCnow to show the item has been shipped? Or they don't care...
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Old 07-23-2008
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it can be done easily. The only con is the fee but if it is that or nothing then it is good. What you must do is be very careful because ccnow tracks names and ip addresses between accounts.

first, when you send the payment to your ccnow account you must be 100% sure that the paypal name and address and all information are completely different then the information on the ccnow account.

Second, when you send the invoice you obviosouly send it to a e-mail address completely unrelated to your ccnow e-mail.

Third, from the time you open up the invoice to you paying you must be on a completely different IP address the entire time or ccnow will link the two accounts and you will get a stat code 22 and the transaction will be blocked and eventually you will not be able to receive any paypal payments from that single account.

last, in order to send an invoice from ccnow you must create a phony eBay listing for you have an auction item # to create the invoice and you don't need to add tracking information into ccnow to accept the money.

Last edited by jerkyboy1; 07-23-2008 at 03:37 PM.
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Old 07-29-2008
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jerkyboy thank you for the info!! I appreciate it.
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Old 07-29-2008
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jerkyboy thank you for the info!! I appreciate it.
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Old 07-29-2008
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I've tried this, and I can tell you CCNow is not the way to go. This is because all items sold through CCNow must be tangible. 2CO is a better option because you don't have to enter tracking information - just list your items as egoods.
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Old 07-29-2008
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Yes but you will have to set up a phony shop website for that also no?
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Old 07-29-2008
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But you would only have to setup one phony website whereas with CCNow you have to create a new eBay auction each time.
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Old 07-30-2008
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Great, thank you all for the info... Will report the results in 45 days
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Old 07-30-2008
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actually you can just create a penny auction on eBay and once it completes you can use that item # to send out the auction invoice using ccnow and you don't have to provide shipping information and it also doesn't matter because the money is going from you to you and there is obviously not going to be any files disputed against yourself or maybe,lol?
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Old 08-02-2008
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Nah, Me and I had some issues before but now we're okay

The price on the listing should probably be equal to the sum you transfer, so a penny auction will not do the job right? In other words, does ccnow verify the eBay auction to see whether the price, description etc. match to those provided?
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