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?
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.
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.
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
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.
Its a COWBOY currency.. just cute one. You can do it what ever you want. Great liquidity and safety.. I love LR SL//
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
I would rather LR, PayPal is so strict, and when u really need your PayPal, it's limited look at this, it's funny http://psichron.za.net/wordpress/wp-content/uploads/2007/11/pps-cartoon1.gif
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
Anyway, i love LR as net fee is small if compare to paypal and it is the most secure of any bank service online.