Forum

Taking money from paypal
 

What companies, sites, business, shops or whatever allow you to withdraw/transfer money from your paypal account to theirs or buy things etc

CCNOW is a common merchant service used by members on this forum, allowing customers to send paypal payments.

Well you've got to understand that PayPal do catch on to these types of loopholes "E-Lancer" was one. But "PayPal" are catching on now!

Doubt it, they'd probably go bust very quickly. Everyone using them as a 'quick' way of getting cash outta PayPal. They'd be screwed with all the reversals, disputes and chargebacks.

Depending on there policies and people applying to transfer money from a PayPal account to some other e-currency. Or PayPal to CHAPS is also an option people will soon adapt and find there's money to be made. Although never ever deal with an unauthorised "Cash Out" service, as some vendors offer this and they will "Cash Out" but not your money. Like I said there must be some sort of verification system they could use to screen fraudulent transactions. I think it's a brilliant idea but not for me!!.

if my understanding is correct, i sign up to ccnow and i can transfer paypal money to ccnow and cash out?

You have to invoice yourself and wait for money to come to your bank account automatically.

hmmm... ccnow are asking for a $40 fee for card+paypal ?

No SB. That's not the way it is I'm afraid.

You can use CCNow for web trading (I used them many years ago for 'adult' material) and you can buy from yourself using your Paypal funds. CCNow will take their percentage which I understand can be quite high.

Once it is in your CCNow account it can be transferred to your bank account.

I believe you have to wait 45 days for the first pay out.

If your business model can stand the percentage then it can work

:ranger:

pmsl... no chance then.

In theory it sounds very good, but PP will catch on to what is going on if there are constant payments to CCNow, and you know what that means.

Reminds me of something I used to try back in the day about 6 years ago whereby you send money from one PP to another and try to cash out. It all flopped in the end and I had to go permanent stealth in the future because of it.

And what if CCNow are as shifty as PP? They may not transfer the funds to your bank account.

Might be a case of transfering money from one dodgy company to another and ending up with no money for yourself...???

KISS - keep it simple & sweet :clap::yar:

yesterday i got the paypal appeal denied e-mail...

i didnt even finish all the steps... whn you dont even finish all the steps, what could possibly have been the reason?

i only step left was to provide tracking which i spoke to the woman about yesterday, i will be providing it today...


i will call them up and provide it to them and tell them why did u paypal appeal deny me...

They've obviously linked you if they didn't even let you finish the steps!