Came across this one, not sure what to say on it. Someone was selling there in game items for real money cash (i’m sure this goes on all day long), all was going well until the next day when they got a email from PayPal account “unauthorized account activity” and the money reversed (charge back?) with PayPal chasing the seller (as usual). Now i’m not even sure if digital items are allowed to be sold and payments put thru PayPal I know eBay no longer allow it and there must be a physical item to go with it at least. This would seem to be a excellent scam to gather up free game items or even worse virtual currency’s which the scammer could then sell/use for whatever.
BIPS – Another Bitcoin payment processor this time based in Denmark, usual features bank transfers, card payments and the ability to buy, sell and transfer bitcoins into other currencies Site says they have been around 5yrs. They also offer mobile payments and shopping cart plugins and addons for ecommerce sites.
Bitpagos.co – A payment processor who specialises in BitCoin payments. A PayPal for bitcoins basically. Has support for mobile payments over mobile phones, I presume via some kind of app. The major advantage of bitcoin transactions is they cannot be charged back something which PayPal transactions can all the time.
With BitCoin reaching stupid exchange rates of late more and more stores are accepting them from domain name registers to server sellers, webs hosts etc. and from what I found a number of stores selling normal items.
Found another PayPal alternative that uses BitCoin, another brooker/exchange service this ones a little different as they seem to be offering merchant accounts allowing you to accept bitcoins as payments for your goods and services. Another alternative to PayPal as always is very welcome 🙂
Internet host/domain name register PRQ have been banned by PayPal after having a account for 3yrs. The account was frozen and when asked what to do about it PayPal told PRQ to open another one while that was fixed, then in typical PayPal style that account was frozen too! PRQ is the company set up by the people behind The Pirate Bay so I wonder who was pulling the strings to get this done…