Liberty Reserve?

Discussion in 'Payment Processing' started by rapidfree4u, May 28, 2010.

  1. #1
    I have been seeing some people that are offering some good deals but they are only accepting Liberty Reserve. Is their something about Liberty Reserve that appeals to them? Is it easy to scam?
     
    rapidfree4u, May 28, 2010 IP
  2. sushrukh

    sushrukh Member

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    #2
    People prefer to accept LR because it is so much seller friendly.LR does NOT support Chargebacks or the payment to a LR account is Irreversible.And they don't lock or Limit anyone's account without any reason like Pay Pal does.So, people prefers LR.
     
    sushrukh, May 28, 2010 IP
  3. mrockz619

    mrockz619 Peon

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    #3
    Main reason people prefer that is bcoz they dont have the option for chargeback and also , some people use it for scamming as you mentioned in ur post.
     
    mrockz619, May 28, 2010 IP
  4. torrfriend

    torrfriend Active Member

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    #4
    Have both advantage and disadvantage

    advantage- very low transaction fee(max fee is 2 or 3 dollar, even your transaction is million, this is not in paypal or others ,they eat 5% as transaction fee)

    disadvantage of Liberty reserve: it is a e-money, so we need to exchange it for real money....so exchange fee is also there in addition to transaction fee
     
    torrfriend, May 28, 2010 IP
  5. earnincome

    earnincome Peon

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    #5
    Actually Liberty Reserve is Just like Paypal, But paypal accepts funding directly, while liberty reserve do not accept directly. Paypal has chargebacks but liberty reserve do not have chargebacks. In the case of paypal, we have to trust buyer, but in the case of liberty reserve, we have to trust seller.
     
    earnincome, May 28, 2010 IP
  6. SkyisLimit

    SkyisLimit Well-Known Member

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    #6
    Its a COWBOY currency.. just cute one. You can do it what ever you want. Great liquidity and safety..


    I love LR


    :)

    SL//
     
    SkyisLimit, Jun 3, 2010 IP
  7. diamondinus4u

    diamondinus4u Peon

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    #7
    liberty reserve is best to use i love only liberty reserve
     
    diamondinus4u, Jun 3, 2010 IP
  8. bridge476

    bridge476 Peon

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    #8
    Didn't LR once use or was associated with egold - and what ever happened to egold?
     
    bridge476, Jun 4, 2010 IP
  9. sumit.d

    sumit.d Peon

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    #9
    LibertyReserve = you can no dispute can not charge back the fund you sent them. as they have Final Spent Policy

    Try to pay by PayPal . to avoid scam
     
    sumit.d, Jun 4, 2010 IP
  10. Safetyfirst

    Safetyfirst Active Member

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    #10
    They were rivals and egold went down because of US regulations , lr is based in costa rica.
     
    Safetyfirst, Jun 4, 2010 IP
  11. radium

    radium Active Member

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    #11
    radium, Jun 6, 2010 IP
  12. Nio

    Nio Peon

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    #12
    Only use LR if you trust the seller. If you do not trust, use paypal.

    Nio
     
    Nio, Jun 6, 2010 IP
  13. inta

    inta Peon

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    #13
    Yep LR is one of the best payments processors on the market
    only 1% for all transaction fee's
     
    inta, Jun 7, 2010 IP
  14. OldEgold

    OldEgold Peon

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    #14
    if u want to exchange PayPal to LibertryReserve there are couple of exchange service , by that way u can buy LibertyReserve and pay them by using ur Paypal
     
    OldEgold, Jun 7, 2010 IP
  15. radium

    radium Active Member

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    #15
    Do u know a trustworthy one? would u please mention
     
    radium, Jun 7, 2010 IP
  16. OldEgold

    OldEgold Peon

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    #16
    Yhe, u can try exeauto
    i have tried them with exchange of 100$ Paypal to LibertyReserve
     
    OldEgold, Jun 7, 2010 IP
  17. vannarith

    vannarith Active Member

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    #17
    Anyway, i love LR as net fee is small if compare to paypal and it is the most secure of any bank service online.
     
    vannarith, Jun 12, 2010 IP
  18. Accent1

    Accent1 Active Member

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    #18
    people prefer LR because it not take big fees
     
    Accent1, Jun 12, 2010 IP
  19. clbyodo

    clbyodo Peon

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    #19
    Liberty Reserve is better to use than Paypal as it does not take high fees.
     
    clbyodo, Jun 14, 2010 IP
  20. rapidshare88

    rapidshare88 Peon

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    #20
    Can i put money on LiberyAcc from credit card ? :/
     
    rapidshare88, Jun 16, 2010 IP