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Originally Posted by ucladave
I would love it if someone outside the USA set up a non gaming neteller merchant account and sold off say $1000 prepaid Visa/ATM cards. At 3.5% per transaction, it's stiff...but there are hundreds of Americans that would gladly pay that plus a bit extra just to get their money out.
If anyone would like to do this, I say pretty please?
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My thinking, also.
However, we may be looking for something mythical.
Neteller says we can make such purchases, but they also say we can get checks.
I still would like just one verification of the existence of a non-gambling merchant account.
I did a search for merchant codes, and actually somebody from some sort of forum had put up a huge list of merchant codes and names of merchants...I just assumed they were all gambling related, but I do remember one that had "financial" in the name. They seemed mainly British.
Still, I wonder what is wrong with UCLADave's idea. What does it take to become a re-seller of prepaid Visa cards...(in GB they have UKash or something)? and what does it take to become a neteller merchant?
You do have to have had a pre-existing business, I do believe.
They obviously need to know if you can be trusted.