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-   -   How handle 100k to 500k per day? (https://www.aspkin.com/forums/general-platform-discussions/133553-how-handle-100k-500k-per-day.html)

amazonp 02-14-2020 04:03 AM

How handle 100k to 500k per day?
 
I doing shopify+facebook and reach 30k per day and plan to reach 100k to 500k this year.

if i take money to one paypal, pp will hold like 20% to 80% for like 1-2 month which is bad to my cash flow and **** my biz.

It look like ok to split money to hundred of pp each one get 1k to 10k per day.

but how to create/buy/manage so many pp effienly? I can like to pay you commision if you help with it.


when big money come pp get limited so money flow break and give up look below https://i.postimg.cc/Nf2wmG98/Screenshot-1.png

https://i.postimg.cc/Nf2wmG98/Screenshot-1.png

please help me!!! want to make miracle here and someone want to learn. one tis you need to spent to get experence. me got 300k experence yes not much yet but enough to get start to somewhere to high goal

josh 02-14-2020 04:40 AM

Re: How handle 100k to 500k per day?
 
500K a day? really do not think paypal is best option for this at all!

re think your strategy..

robjobs 02-14-2020 04:46 AM

Re: How handle 100k to 500k per day?
 
didn't know nfl players use paypal.

rsot 02-14-2020 06:59 AM

Re: How handle 100k to 500k per day?
 
OP, you need to find a much better way of dealing with payment then relying on PP - it's rough volume and messy

amazonp 02-14-2020 07:59 AM

Re: How handle 100k to 500k per day?
 
NOT NFL all legal and here china most of player rely on pp and they range from 1k to 800k per day it look like pp are best ( instant or one day withdraw) but if you take too much on ONE PP, they will hold part of money that is all profit which will put biz dead because lot of company have not enough money to support.

agnostixxx 02-14-2020 08:08 AM

Re: How handle 100k to 500k per day?
 
$500,000/day = $15,000,000/month = $180,000,000/year

Even if OP meant not USD, but Chinese Yuan it’s still too much for PayPal (~25.8M USD/year). At least to speak about it publicly lol

prodigyace 02-14-2020 08:21 AM

Re: How handle 100k to 500k per day?
 
You need to look into credit card processors when doing that kind of volume, paypal sucks when you move that kind of money, and are known for shutting down accounts doing that kind of volume for any reason

Etycoon 02-14-2020 09:04 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by amazonp (Post 1069282)
I doing shopify+facebook and reach 30k per day and plan to reach 100k to 500k this year.

if i take money to one paypal, pp will hold like 20% to 80% for like 1-2 month which is bad to my cash flow and **** my biz.

It look like ok to split money to hundred of pp each one get 1k to 10k per day.

but how to create/buy/manage so many pp effienly? I can like to pay you commision if you help with it.

Teach me! lol

dano 02-14-2020 09:37 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by Etycoon (Post 1069350)
Teach me! lol

Go in China and sell anything. The secret is the land in this case

amazonp 02-14-2020 09:41 AM

Re: How handle 100k to 500k per day?
 
USD 180M is big company with hundred of ppl to facebook . read my message clear PLEASE. lot of reply do not read my message. all of here use pp means PROVE it work

amazonp 02-14-2020 10:01 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by tinsoldier (Post 1069363)
Your getting your numbers messed up again. You aint making millions for 'hundreds of people' on facebook.

If you're making the numbers you claim what the hell are you doing here, pay a top lawyer, fluent in the art of crookery, to sort it out for you.

OH MY GOD another one not read my message and jump to judge me, at least please read my FIRST sentence in my FIRST .

james_112233 02-14-2020 10:33 AM

Re: How handle 100k to 500k per day?
 
If I read your post correctly. Your problem is your current paypal account holds most of the money which affects your cash flow ?

I can tell you it's impossible to create so many stealth paypals to accept 1-10k everyday right away.

It takes a lot of time and effort to establish a single stealth paypal account and I take it you want to get back to business right now but split all the money into many other accounts right ?

If people help you, they risk their stealth accounts.

I could easily let you use 3 of mine but it's not worth the commission for me to potentially lose the stealths I worked so hard establishing myself.

You just need to work on establishing many stealth accounts yourself. Start today and by christmas you should have many established accounts.

agnostixxx 02-14-2020 10:45 AM

Re: How handle 100k to 500k per day?
 
Well, I guess you also just don’t want take the answer, you were already provided with:

PayPal DOES NOT SUIT for discussed volume of money.

Not with a single account, nor with stealths.

I more even wonder - why do you think that it should work? It’s flattering of course, that you think that users of these forum are multimillionaires, but.. Well, I haven’t found here any topic related to super yachts, ferrary vs. Lamborghini or at least vouches for best escort managers with the hottest Eastern European models lol)

Also IMO it’s pretty evident that with such volumes you have to operate legally. It’s 1B in 5 years. Any FBI or Chinese government will take it into consideration if you going to launder it, looking for advice on a public forum.

Take care and re-think your strategy. You were already told about it also.

james_112233 02-14-2020 10:49 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by agnostixxx (Post 1069375)
It’s flattering of course, that you think that users of these forum are multimillionaires

Come on ... I'd like to think there are a few on the forum. Genuinely rich people don't show off. It's always the poor people that need to buy the expensive clothes and rent the flash cars, real businessman get their fix from business.

amazonp 02-14-2020 10:54 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by agnostixxx (Post 1069375)
Well, I guess you also just don’t want take the answer, you were already provided with:

PayPal DOES NOT SUIT for discussed volume of money.

Not with a single account, nor with stealths.

that is reason to split money to hundred of pp so each one live longer enough to cover fee.

Quote:

Originally Posted by james_112233 (Post 1069370)
If I read your post correctly. Your problem is your current paypal account holds most of the money which affects your cash flow ?


You just need to work on establishing many stealth accounts yourself. Start today and by christmas you should have many established accounts.

no i have not such big yet. but it will happen when go big.

Quote:

Originally Posted by tinsoldier (Post 1069369)
pay a top lawyer, fluent in the art of crookery

could you please a bit detail, how that will fix my problem?

Twisty 02-14-2020 11:03 AM

Re: How handle 100k to 500k per day?
 
You can spread across PayPal accounts but you will lose loads of accounts and money by doing such large figures. Even 1k a day would limit your accounts and you will need to provide docs/info. The fail rate on stealths is really high at the moment and I don't see it changing.

Realistically, even card payment processors will find this risky right off the bat.

You can maybe do it but slower and not through PayPal. Don't compare your situation to other businesses that are doing these numbers over years via PayPal.

agnostixxx 02-14-2020 11:08 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by amazonp (Post 1069378)
that is reason to split money to hundred of pp so each one live longer


It’s utopia. For hundreds of accounts with even 100K usd each - for sure.

Quote:

Originally Posted by Twisty (Post 1069381)
You can spread across PayPal accounts but you will lose loads of accounts and money by doing such large figures. Even 1k a day would limit your accounts and you will need to provide docs/info. The fail rate on stealths is really high at the moment and I don't see it changing. .


Exactly

amazonp 02-15-2020 05:43 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by agnostixxx (Post 1069383)
It’s utopia. For hundreds of accounts with even 100K usd each - for sure.

WHY it is utopia? if 500usd per account/day it will live for long?


got a UK PP from friends with china photo id but real address/phone it take 500 usd and run very fine for a year and will keep running

Twisty 02-15-2020 07:33 AM

Re: How handle 100k to 500k per day?
 
Quote:

Originally Posted by amazonp (Post 1069531)


got a UK PP from friends with china photo id but real address/phone it take 500 usd and run very fine for a year and will keep running

A real PayPal will take 1k a day. We are talking about stealths.

If you can get 100 real PayPal's from friends and family then great. You will still lose a few though but not as many as stealth ones.

If your sales are via Shopify then why don't you take payments via a card processor?

Sellers tend to take payments via PayPal when they are confined to just having eBay as a sales avenue.

Be careful doing any deals with anyone you don't know. Do proper due diligence even if you are desperate and trying to operate in a grey area.


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