Recent content by Solis500

Thanks, this is really helpful advice. Do you have any links to stories about the incarcerated Paxful traders? I would like to read up on their cases so I don't make the same mistake.

As far as I understand I don't need to be registered with FINSEN if I'm a paxful trader since paxful is already Paxful is already a registered MSB. I'm buying gift cards for crypto, which are considered physical/digital goods not a form of currency. I also live and have my business registered in...

I have a website

the chargeback rate will be very low. Less than 1%

I'm a US citizen living in the United States. I need a bank account to make transfers to bitcoin exchanges. I will be selling crypto on Paxful and will be getting paid via ACH transfers from a merchant processor. I need is the bank allow me to: 1) Receive Wires or ACH transfers domestically...

Hi, I'm looking for a payment processor for my gift card sales and buy back business. I will be selling discounted gift cards online and also buying back gift cards from customers. I can't use paypal or stripe since one of the things that I will need to do is redeem open loop Visa/Amex gift...

Hello Gediminas, I was wondering if you can help me find a payment processor for prepaid cards. I buy visa and amex prepaid cards with crypto and need a way to redeem large quantity. Thank you

Hi I know it's been a while but I'm having the same issue. Can someone please let me know if there are any merchants who will accept this type of business?

Hello, I'm looking for a merchant account to redeem prepaid cards that I purchase. I'm based in the US and have a registered company. All my cards come with cash receipts so there are no chargebacks.

So far I've been rejected by several high risk processors because they say they don't support the business model :( Like I said would pay for help setting this up.

I know it can be done because I see it on paxful. There are merchants on the platform that process millions on dollars worth of visa and amex gift cards per year. They do it through payment processors since I've personally sold gift cards to them before and the cards are redeemed instantly under...

Does anyone know of a payment processor that's willing to accept prepaid visa and amex gift cards in large quantity. I buy these cards for crypto and need to be able to redeem them. I know paypal and stripe will shut me down and I've talked to some high risk merchant processors as well who are...