The Chinese have 200+ accounts?

[starengine]

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 🧐

[muzzie]

Payoneer they use.

[kirkland]

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

[murdered_by_ebay]

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

[Davfos]

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

[murdered_by_ebay]

Originally Posted by Davfos

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

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

[Hardgrafter]

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?

[murdered_by_ebay]

Originally Posted by Hardgrafter

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?

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

[glacier922]

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

[mindsource21]

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

[starengine]

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

[murdered_by_ebay]

Originally Posted by glacier922

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

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

[997turbo]

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.

[997turbo]

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.

[murdered_by_ebay]

Originally Posted by 997turbo

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.

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

[997turbo]

Originally Posted by murdered_by_ebay

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

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

[murdered_by_ebay]

Originally Posted by 997turbo

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

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

[e2free]

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

[solefoodbk]

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.

[murdered_by_ebay]

Originally Posted by e2free

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

payoneer is available in 100+ countries though

[e2free]

Originally Posted by murdered_by_ebay

payoneer is available in 100+ countries though

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

[Gotya108]

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.