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Paypal Heading to Coinstar Machines (NEW WITHDRAW METHOD?!)
 

PayPal Heading to Coinstar Machines | News & Opinion | PCMag.com.

Not available everywhere YET however users will be able to send money load money and WITHDRAW from their PayPal accounts
(PayPal accounts must first be registered for the service)
If anyone can look up if there are locations near them from PayPal.com

Read more on the article

Input guys.....and gals

Not going to Work...Requires you to provide your SSN# or EIN#. You would trust Paypal on a Coin Machine?

This would be a total fail! Can you imagine having a cam at coinstar just like an atm, take a pic of you, video and when you get limited and get a review on your account they review the videos + pics of the account holder? Talk about nwo! Fail! Imagine a world where you can only accept paypal for everything and your banned from your original paypal account so you would not make it in life. Crazy!

Knowing paypal they would put a hidden camera inside and take a picture of you every time you visited the machine.

Only if I'm at the Casino. :eek:

Coinstar's standard 9.8 percent fee is deducted from all coin deposits, and customers are limited to adding $500 to their PayPal account from the kiosk each month.

10% fee, are they serious?

Higher rates than Tony Soprano.

Re: Paypal Heading to Coinstar Machines (NEW WITHDRAW METHOD?!)
 

Knowing PayPal they'd put one of these on there
http://money.howstuffworks.com/atm-skimming.htm
:)

:shocked:


It would have a recording----


Hello Slim Jim

How are you doing today?

I see you are back for another 5000 quarters to cash out for the day.


:yar:

Re: Paypal Heading to Coinstar Machines (NEW WITHDRAW METHOD?!)
 

I bet they'll try and charge 3% on the withdrawal too

I wish............

Re: Paypal Heading to Coinstar Machines (NEW WITHDRAW METHOD?!)
 

Old news, coinstar and Paypal been going for a while now. Well at least in one location in Texas

Awesome MM.

Was this one put in YOUR front yard?

:yar:

It's weird, some years ago their fee was 6.9 or 7.9% now it sits at 9.8%. Its just insane at the rise of fees in the US these years. Everything raises besides wages, if I had a real job.

I would never in my sane mind load or withdraw money this way. To load money to buy stuff, I'll use my debit card for that, thank you but no thank you paypal. They already take enough fees with the double tag team of eBay and Paypal fees.

almost 10% fee, thats just nuts! I rather buy giftcards online and cash them at the bank...

Talking in truth can we stealthers use this coinstar or no?

Even if stealth people could do it. Sounds like a limitation waiting to happen.

I would like to withdraw 1 million quarters please!!!

This has not hit Canada yet

It will.

You and Stan can cash out every day!

Look at my First Response.

If you have a bank, why would you use coinstar???

and if you don't have a bank? what's up with your posts, are you always in a bad mood?

If you don't have a bank how are you even a seller on PayPal. The last two times I made stealth's and didn't add a bank right, I got a notice saying I had 30 days to add one or I was going to be indefinitely suspended. That was right at about $800 or 900 in sales.

a vba is merely a way to verify your account which should always be done. there are lots of sellers that only add a vba and cash out through other means, such as this idea being suggested

Exactly.

It grinds my gears when people on these boards automatically dismiss every other cash out method besides a bank account. I see this on here time and time again. I have a few bank accounts of my own and honestly, I am ALWAYS open to new cash out methods. Banks are slow and some people want faster access to their money. Plus I sell very high risk items and I am always trying to stay two steps ahead of Paypal when it comes to getting my money. The more options the better, IMO.

Just my two cents.

Anyway, sorry for contribution to the derailing of a good thread.

When a different method other than bank is found that does not require showing I.D., SSN#, or any type of verification where you have to visit a Store to TRY and get cash...is not exactly the greatest method, Hell even Bank Accounts are tricky if they don't accept the deposits.

Would you say that using Coinstar sounds like an awesome method? or even viable since they require you to register with your SSN# or EIN#?

Everyone on this board would LOVE to get their cash quicker, I can wait 2 days...not gonna kill me.

Sounds like your selling Ph@kes, since your trying to cash out quick.

^ No. I am not saying it is an awesome method. But if you DO have an EIN, this may be a viable option. Not singing its praises, just saying it is an option.

Although waiting on the bank sucks, it isn't even my main beef with using banks. I am more skittish about Paypal trying to dip into my account and take back funds.

Finally, no. I am not selling ⊗⊗⊗⊗. I sell digital goods.

Whats Coinstar`s cut on the loot by the way? Here I think I saw 11.1 cents on the dollar - thats pretty bad.

For a 10-11% percent loss...I'll stick to my Bank method! 2 days is not gonna break me.

coinstar and hidden cameras, peekaboo lol:eek:

this method works
 

i just used this method yesterday on one of my stealth accounts, no ssn or ein attached to the paypal...just fully confirmed, signed it up and went to the store...no problems whatsoever. i don't know about the whole camera thing and if paypal would check or not but its pretty easy, just enter your email address and first 4 of your paypal password. comes in handy when you dont wanna wait the couple days for a transfer. i don't know if i would do it across multiple accounts though...for fear of going to the same store over and over again. but once in a while i don't see any problems with it. good luck to all and i hope this helps!!

What fees did you have to pay on the withdrawal?

For what it appears they are charging anywhere between 8-11%.

I will wait for my money using other methods.

If you need your money that fast then you need to sell more to have more cash flow so you wont need to worry about waiting.

Why get suckered into making pp more money?

I dont trust them and wont give them 10% of my profits.

The thread is still a good one, we all have different opinions on things which is a good thing.

Some will like it and dont care about the fees and others wont pay pp another dime of our money.

Either way it is all about discussion and letting people decide on their own if it is good or bad for you.

Banks are slow? 2 days and sometimes less and I have cash sitting to withdraw from the ATM.

If I need money faster then that then I am either doing something wrong or need to up my sales for more cash flow.


All experiences with this welcome! For or against that is what is great about sharing our opinions.

I don't think it's about speed so much Sandy. I feel it will be abused by those who want to remain 100% anonymous as well is their money. If you truly do not need any information attached, won't be long before it becomes popular.

it costs 3 fee for up to 200 dollars

You mean $3? Same as ATM withdraw. Who cares...

This will last about as long is it did with DHgate...

I don't see why people are all excited about Coinstar and Paypal??? It's just a really dumb way to cash out, not to mention the possibility of being limited just to get cash faster... Am I just not seeing the awesomeness of this cash-out method?

I must be missing it also because I cannot see it being anything special.

Sandy, We just don't see the pot at the end of the Rainbow!

I'm counting the days for the following thread:
"Help, Limited because of Coinstar withdrawal"!