liberty reserve

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dknauf90

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i cant wrap my brain around this for some reason, can someone explain what liberty reserve is and how it actually works? is it a payment processor/merch account?

say i collect payment for selling verified ac counts through paypal.. i can then send it through liberty reserve and collect the money anonymously somehow? or am I actually able to receive payment using liberty reserve?

liberty reserve is an eccurency? funded by real monies? so I cant filter something through to being anonymous by say using stealth pp to cash out on my own LR account and then collect anonymously rite?
 
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LibertyReserve is an independent payment processor just like PayPal and AlertPay. However, it can be used to send/receive payments anonymously and it does NOT require any kind of verification whatsoever. You can have multiple LibertyReserve accounts at the same time but from different e-mails (yes, it's allowed). It does NOT have any chargeback option. Once you send payment to a LibertyReserve account, it CANNOT be refunded under any circumstances. Funding and withdrawing money from LibertyReserve is a bit complex - you will need to use exchangers but if you can send bank wires then it's easy.
 
liberty reserve is a lot like e-gold used to be
 
SilverKnight said:
LibertyReserve is an independent payment processor just like PayPal and AlertPay. However, it can be used to send/receive payments anonymously and it does NOT require any kind of verification whatsoever. You can have multiple LibertyReserve accounts at the same time but from different e-mails (yes, it's allowed). It does NOT have any chargeback option. Once you send payment to a LibertyReserve account, it CANNOT be refunded under any circumstances. Funding and withdrawing money from LibertyReserve is a bit complex - you will need to use exchangers but if you can send bank wires then it's easy.
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i asked customer service if it was a payment processor and he kept saying no, it was a currency.. if I used it as a payment processor, people wouldnt be able to pay me via paypal would they?
 
dknauf90 said:
i asked customer service if it was a payment processor and he kept saying no, it was a currency.. if I used it as a payment processor, people wouldnt be able to pay me via paypal would they?
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I don't know the difference between payment processor and e-currency. I think they're the same thing. And no, people can't pay you through PayPal. In order to receive money in your LibertyReserve account, the other person must have a LibertyReserve account to send from.
 
payment processor is someting like plimus or 2co or paypal
 
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