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The Chinese have 200+ accounts?
 

So I've been talking to some Chinese.
One of them told me that sellers have upto 200 accounts!
OMG!

He said they don't care if the accounts are banned as they still have 199.

Having 200 accounts is one thing. Logging in and keeping every account separate is another matter. But let's assume this is true.

He told me that they use Citibank virtual accounts.

How can we do similar?
In the USA and UK?

Just wondering 🧐

Re: The Chinese have 200+ accounts?
 

Payoneer they use.

Re: The Chinese have 200+ accounts?
 

I believe it. There’s one seller I see who keeps listing counterfeit Sony products across multiple accounts, usually spread across 3 accounts. Inevitably his listings get taken down, and he’ll use another 3. Each have 10k+ feedback. He sells thousand per week

Mind boggling how EBay turns a blind eye to this but puffs it chest flexing its counterfeit items policy all the time

Re: The Chinese have 200+ accounts?
 

payoneer is the new paypal as most stealth accounts have been moving to payoneer for months , their verification is a joke and easy to pass

Re: The Chinese have 200+ accounts?
 

Am I missing something, you can't add Payoneer to eBay, they don't accept Payoneer bank accounts?

Re: The Chinese have 200+ accounts?
 

that is only in a few countries , in most countries payoneer is the only accepted withdrawal method

Re: The Chinese have 200+ accounts?
 

Can you actually open a stealth ebay and Payoneer account in a country where only payoneer is accepted and still sell in the UK ebay market? Is that a possibility?

Re: The Chinese have 200+ accounts?
 

yes but it costs 20% VAT and less traffic if you state a foreign item location or VAT registration if you want to state a UK location

Re: The Chinese have 200+ accounts?
 

How do they do it when u have to use real bank accounts now?

Re: The Chinese have 200+ accounts?
 

Large accounts are possible as they been doing it for many years.

Re: The Chinese have 200+ accounts?
 

So... OK to use Payoneer...
Just need to be VAT registered?

Re: The Chinese have 200+ accounts?
 

this is a requirement for use on ebay directly , if you use payoneer then ebay send to their US account and you withdraw from payoneer and they do have many options to withdraw , I am sure the chinese can use both ATM withdrawals and withdrawals to virtual bank accounts on payoneer

Re: The Chinese have 200+ accounts?
 

use to be very usual.but not really since MP,if they talking about they have 200 working accounts they are boasting.as since july 80% of virtual banks was banned and most accounts with those are toasted.

In trading center city like shenzhen etc,there are company's with huge investment doing these online trading business like ebay、amazon ,there are over 30,40+ even 100+ employees each in them so it pretty usual they have over hundreds account.there are groups running them.they doing some crazy turnover like hundred millions a year at their Peaking ages.

however since this year both ebay and amazon are hunting these people down and there are many that already bankrupted due to surge of accounts to run.this business is now a setting sun and people are leaving from this market and back to their wholesale job.whichs good opportunity for most local sellers in the future I believe.

Re: The Chinese have 200+ accounts?
 

and Payoneer is not the top virtual accounts for chinese sellers.
most they using are worldfirst,pingpong,photonpay,xtransfer,ewhale etc etc there are many in china.but most their accounts are banned by MP at this stage unfortunately.

Re: The Chinese have 200+ accounts?
 

payoneer is not used as virtual account by the chinese but as payment gateway for ebay , they receive funds directly through MP sync and withdraw from payoneer

this is a very convenient way to circumvent the restrictions in Adyen countries

Re: The Chinese have 200+ accounts?
 

Yes china ebay use payoneer.
but those people I am talking about are US/UK/EU accounts runners they barely use china accounts,it useless for them due to the low traffic and stricter rules in them

Re: The Chinese have 200+ accounts?
 

they simply open in a payoneer country where they can provide docs and withdraw from payoneer to various bank accounts they have as payoneer have a very wide selection of countries where you can withdraw to

needless to say that china is not the only country where chinese can open if they can not open up in USA/EU/UK

Re: The Chinese have 200+ accounts?
 

Totally agree with 997turbo that's true story ebay is cracking down on virtual accounts, even transferwise is also banned in their system
Payonerr they only allow if you open account on Chinese address and selling in uk but uk resident with uk ebay cant use payoneer

Ebay is gone for good not sure if revlout is working for ebay or not since its in their verification list auto verifiy

Re: The Chinese have 200+ accounts?
 

I was going threw my old feedbacks and a lot of the OG accounts that had shooting stars from China all have 0 items for sale. I used to buy auction jewelry items to get my feedback star rating up. I'm assuming sellers in China have issues due to payoneer. Wouldn't be surprised if they have a lot of accounts.

Re: The Chinese have 200+ accounts?
 

payoneer is available in 100+ countries though

Re: The Chinese have 200+ accounts?
 

Yes I know but ebay only accept if you not based locally for example uk seller can't use payoneer, Chinese can on ebay uk
Usa resident cant use payoneer on ebay.com

Re: The Chinese have 200+ accounts?
 

There´s multiple ways to do it as well and the process depends on what type of account your are trying to setup pure burner or an account that can age well. Push comes to shove its not difficult or expensive (relative to profits) for a high volume Chinese seller to rent/buy a shelf company in the USA/UK with bank accounts and/or marketplace accounts already attached and cash out via wire or a service like Wise. A few dollars a month and between 4% and 8% as a service fee. We´ll have anywhere from 400 to 600 Ebay and Amazon ready to rent/sale at any given time but there are bigger companies who offer the same services that will have 1100+. For UK, EU and US sellers 200 accounts you can run a few thousand dollars through and don´t care about burning is not difficult pull off.

Re: The Chinese have 200+ accounts?
 

Now ebay ban Citi virtual bank now

Re: The Chinese have 200+ accounts?
 

Correct ban wave all over on ebay!!!!

Re: The Chinese have 200+ accounts?
 

It's actually not difficult to manage that many accounts as long as you're organized and disciplined.

Citibank?? Doubt it... I have citibank myself and no such thing as a VBA with them for sure.

Re: The Chinese have 200+ accounts?
 

not citibank but sort codes / swifts / routing numbers of worldfirst , payoneer , pingpong and some others

Re: The Chinese have 200+ accounts?
 

Large sellers have 200 accounts is normal thing, not just Chinese

Re: The Chinese have 200+ accounts?
 

Every single large Bank in the USA/UK/EU have digital only services now. The few banks that don´t have robust digital offerings have partnered with Fintechs like N26, Acorns etc who offer digital services but actual deposit and banking services are offered though Axos, Evolve, or another chartered bank. With the amount of established banks and challenger banks/Fintechs a legit LLC/Inc could open a few hundred accounts with dozens of Sort/ACH and issue a few thousand VCC´s... Ebay´s transition to MP has made it harder for sellers trying to run informal stealth accounts but a lot easier for those using proper protocols to open and run multiple stable accounts. "Failure isn´t fatal, but failure to change might be".

Re: The Chinese have 200+ accounts?
 

99% of chinese seller use PINGPONG. Pingpongx offers citi bank routing.

Re: The Chinese have 200+ accounts?
 

How LLC could do it?
Same LLC name for multiple accounts, different ACH?

Re: The Chinese have 200+ accounts?
 

Sounds exaggerated

Re: The Chinese have 200+ accounts?
 

its not, these sellers exist

Re: The Chinese have 200+ accounts?
 

correct:cheer::cheer::cheer:

Re: The Chinese have 200+ accounts?
 

So just to summarise...
- The Chinese have a way to have 200+ accounts.
- We (the rest of the world, USA, UK, Europe etc) are under the evil shackles of ebay MP.

What a wonderful way of letting China take over the world.

Re: The Chinese have 200+ accounts?
 

They surely have third part software made with eBay API...and they manage them without any worries

For example an advanced and private software like Crazylister is needed

Re: The Chinese have 200+ accounts?
 

No, as I said the only thing MP has done is made informal stealth more difficult but easier if you are willing to put a few extra dollars into your setup. We sell marketplace accounts, rent Inc's and LLC's and are releasing a guide for Ebay, Amazon and Etsy in a few days so I'm not going to go too much into detail but as for the basics. It cost $50 in certain states to setup an LLC or Inc. For our retail marketplace accounts we setup a different account per product category so that means a different LLC or Inc, EIN, and bank account per category. If you've seen a few of my other post you'll see I always suggest at the very least setting up different bank for different marketplaces and activities (eg Amazon, Ebay and Etsy would be 3 different bank accounts even if you used the same LLC and EIN. Money in, money out, payroll that's 7 accounts) The easiest way to setup multiple stable marketplace accounts is by opening legit corporate entities per account. For sellers in the USA and UK or sellers trying to open USA and UK accounts you need to update or rethink the definition of stealth. Everyone is trying to rethink the entire process as opposed to the definition. It's like modern NBA basketball. Made shots are still worth 2 and 3 points but if you have a slow 7 footer focused on hook shots while the other team has Steph Curry shooting 45% from half court, you're screwed. The Basics are still the basics but how they need to be applied has changed.

Re: The Chinese have 200+ accounts?
 

how could he take out money from Citibank virtual accounts?

Re: The Chinese have 200+ accounts?
 

What about wealthy banks?

Re: The Chinese have 200+ accounts?
 

200 accounts it's really a lot.

It's manageable, but how many listings they have?

Millions? I think it's still better wholesale

Re: The Chinese have 200+ accounts?
 

those companies usually have 100+ employees
not for private sellers