Paypal is a cash transfer site. That is it's purpose. It does not matter what we are transfering the cash for. We are not a gambling site, we are a cash transfer site. Thats our business, thats what we charge for.
We are limiting those who we deal with that wish to pay us by means of PayPal to avoid chargebacks. Those wishing to deal in larger amounts will have to provide a copy of their license along with a recent bill that matches their paypal account information. Also they must be paypal verified.
Online Poker Sites should freeze accounts if there is fraud. Thats their job. This is also the reason why we are charging 12%. It is our hopes to generate enough income to cover us against people who do fradulant activity that may result in StackTrader.com experiencing losses. We are trying to avoid coming too far out of pocket.
Also Kuzma you said you were interested in using our service at 12% to transfer your Affiliate money. Being that FT and PS have frozen your accounts due to chargebacks, you would have to provide us a SS of your affiliate account showing the funds are coming directly from money paid to you by FullTilt for us to work with you.
Im curious as to how you managed to get your personal accounts frozen due to chargebacks.
Quote:
Originally Posted by kuzma
What will Paypal think when they realize that people are doing transfers in order to get online poker money from this website.
i feel that this isnt a good idea...at any point in time paypal could place limitations on your guys paypal account and request for you to provide business information or shipping/delivery confirmation details...
i feel that the majority of ppl who agree to pay the 12% is becuase cashing out is very hard if not impossible...
this results in dealing with people who are :high risk: and from experiance online poker sites love to freeze accounts if any fraud goes on... chardgebacks...ETC..
however i feel getting paypal $ immediately for online funds is one of the greatest things that i can possibly think off..
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