VMI cards rock : ACH is back on VMI

From the Virtual Money inc. faqs :

 

Then we can withdraw money to the card now? May you tell me all the fees?

 

Bank to card: 3$
withdrawal from ATM US: $1.50
withdrawal from ATM int: $4.50
monthly $4.95

 

You can withdraw moneybookers and PayPal... too

 

could you pm me details how you can use VMI with moneybookers ? I think moneybookers asks to send $ to their account in europe via SWIFT to verify your account. Can you do SWIFT transfers with VMI or am i missing something?

Regards.

 

I am almost certain that Paypal accounts will be limited if you use a VMI. According to Paypal the beneficiary name is under a different name and not under the account holders name.

Does the VMI above work any differently? Also some financial instituitions are banned and are flagged by Paypal, has anyone used the above successfully?

 

Good question

It reminds me Epassporte cards (not possible with Paypal) and cards like Gcard (dead)

No contact details on the website, it's like you're trying to hide your identity
Although when it comes to some kind of financial services, it's good to know with who we are going to deal with

Last but not least, you publish a Paypal logo for the payment process (with Plimus)
I'm not sure that Paypal would like to be linked in any way to your website

Nice offer (at first glance) but I'm not sure that you can mass market it like that

My 2 cents

 

i think your correct.. i just got my account limited, and the bank acount disabled..

i added the VMI card with new the new ACH details..

Anyone else had this problem?

 

That's called "take the money" (a few bucks) "and run"

Whith the help of Plimus

 

VMI, is not legal in PayPal's view.

They limit such accounts, as soon as they find about that.

 

Whats this ? pls explain ..

 

this is waht i got from them



Thank you for taking the time to contact us with your concerns. My name
is Frank and I am happy to assist you.

Understand your concern over the Arkansas Valley State Bank account.

I am sorry that this bank is not supported by PayPal. So it is disabled
by our system automatically. Please add another bank account for use, if
necessary.

Thanks again for contacting us, and thank you for being part of the
PayPal community. Should you have further concerns, please feel free to
let us know. Remember, we are always ready to help you out.

 

A place called greendot is similar, but their rates are lower for international withdrawals
from ATMs.

 

Thats bad!!

 

Conclusion : do not use VMI is you want to keep you Paypal account

 

don't use vmi with paypal you will got limited

 

this way VMI will lose alot of clients

 

can i have one cheap VCC from this thread???

 

Are you sure for that email?

This day, I had been confirmed my VMI card with paypal, I got 2 small deposit from paypal, and now my VMI card is confirmed by paypal.

 

yes, actually i ahve went to that stage, even min had the small deposit done and verified.. try withdrawing and see..

I bet the system will limit your account and remove the card