Payment Receiving Question ....

Discussion in 'Payment Processing' started by SonnyCooL, Sep 1, 2009.

  1. #1
    I trade Automotive lighting equipment, OE part, Performance Part and ..... some bulk transaction might add up to be 10k or more ...
    New client from UK request me to open Moneybookers or any payment method (other then Paypal), for their first payment method.
    Their Requirement :
    Must Accept Credit Card Payment.
    No PayPal.

    For first transaction, the sales volume is kind of Big (7,000 pound), so it make me wonder is that scam or fraud ? if they are my regular client, this amount is reasonable ....

    This is my Question (worry) :
    1. Why they can't pay by escrow ?
    2. Why they don't accept PayPal ?
    If i received the money thru Moneybooker, how to prevent the money is real not fraud ?
    Should i keep the money for Month then only send out my stock ? (some one told me, fraud credit card need a month to verify)

    Any solution ?
     
    SonnyCooL, Sep 1, 2009 IP
  2. mentos

    mentos Prominent Member

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    #2
    Since it involve lot of amount.
    Why don't you meet up and pay cash/bank in to your account?
    Sometimes people not using escrow because their fee is high.
    Maybe your client country is not supported by paypal.
     
    mentos, Sep 1, 2009 IP
  3. SonnyCooL

    SonnyCooL Peon

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    #3
    he from UK and me Malaysia, all online transaction fees is high compare with TT ....
    For me i don't understand why he need to used CC for transaction, fees and risk higher too ...
    The amount is not that huge for my product but is kind of huge for first time transaction.
     
    SonnyCooL, Sep 2, 2009 IP