My 40,000 Subscriptions + Your Aged Stripe Or Merchant Account

Status
Not open for further replies.

Zed Instruments

Junior Member
Joined
Aug 8, 2019
Messages
127
Reaction score
27
Throughout the last 3 years, ive managed to accumulate over 40,000 customers at a $19.99 Monthly price point. They are all customers that have subscribed for a subscription on our website. The problem is running these subscriptions on our merchant accounts, due to the sheer amount of volume, it's hard to continue to process these on our merchants.

Here's where you come in, if you have AGED Stripe accounts, or merchant accounts in which we can run our subscriptions, i'm offering a 15% profit split with you each and every month. If you can do the math on this,

Trust me, it's alot.

if this sounds like something you have, or you'd be interested... Send me a message. Please be ready for a call and facetime/skype maybe potentially a meet up in person as this is a very serious proposition. Thanks
 
Questions before this is considered being made live.

1) Why not hire a staff member just to process payments?

2) What is this for, could it put a persons Stripe account at risk?


3) If this is $80k a month income, it would be seen as pure profit, so are you going to invoice for the difference? Otherwise the taxman will be rubbing his hands here.
 
As an example, rounding this to £800k a year.

Corporation Tax (on £800,000, Fiscal Year 2020/2021)
BandRateLower LimitUpper LimitTax
Main rate19%0-£152,000
Total Tax:£152,000
 
Send me more information about the business with proof of past income and we can get the payment processing + accounting and legal legs handled through an established LLC or LTD engaged solely with ecoms and digital businesses.
 
Questions before this is considered being made live.

1) Why not hire a staff member just to process payments?

2) What is this for, could it put a persons Stripe account at risk?


3) If this is $80k a month income, it would be seen as pure profit, so are you going to invoice for the difference? Otherwise the taxman will be rubbing his hands here.
1. There's alot of trust involved. Ive used close relatives, friends etc in the past and present,.

2. This is for processing subscriptions, we try our best to keep chargebacks as low as possible, it usually ends up dwindling around 3-4% which is higher than stripe allows, after a few months,Stripe won't allow to process as it's above the 1% chargeback threshold that they allow. So this is best if you're currently not using Stripe anymore or have moved onto other merchant accounts.

3. I've got a CPA who's been handling all my books and the ones of our signers, the 80% i pay out is my expense and i don't pay taxes on that. I can either 10-99 you, but either way you'd be paying taxes on it and of course my team can help with this as this is something we're already well familiar with.

Of course, there are other expenses incurred on holding the subscriptions, customer service etc, monthly fees, advertising expenses etc.... So it just comes down to your CPA, or if you decide to use ours (which i recommend) who's very good at what he does, and making sure you're an S-CORP, and paying yourself through your LLC's etc...But we can talk all day on ways to restructure your business and save on taxes but thats a conversation in and of itself.
 
Send me more information about the business with proof of past income and we can get the payment processing + accounting and legal legs handled through an established LLC or LTD engaged solely with ecoms and digital businesses.
I'll send you a message, if you have an aged Stripe, or if this fits you, i'd be more than glad to send past income etc as well
 
You have a charge back problem, So any stripe account will eventually shutdown as far as you are hitting 3-4% cb. You should either find a high-risk merchant account or add some security features to reduce your chargebacks, Its not adult since you are using stripe. What industry are you?

Are you able to activate 3d secure payments? The card holder receive a SMS verification code, It almost kills all card fraud...
 
I've got a 4+ year old Strip account that I've never used. Could be interested but would need further details to ensure your subscribers aren't paying for something that's illegal in Australia.
 
Bump. We've got in touch with a few members who we're currently doing business with. We have secured a few old stripe's that are aged. But none that has already done transactions.

Also, USA only! We've had a few responses from Canadian accounts and UK
 
i have 7 years aged stripe account with lots of transaction history, if u still searching pm me with ur past income and industry details
 
It’s truly unfortunate when you are scammed by a reputable user on this forum. Smh. @Therealdarkpegasus scammed me for $2,000. I purchased 3 different aged stripe accounts.
Upon delivering the accounts he was not able to access them or give me the code to login. I’ve messaged him, called him over a week to finish the account and to allow me access. He’s ignored my claims. Truly sad as this is a forum I turn to for real long term JV’s and to be taken advantage of from a top person on this forum is truly disheartening. If you know @Therealdarkpegasus please message him to make this right.
 

Attachments

  • 0B5E0251-04DC-467A-82C9-0B0B2643E269.png
    0B5E0251-04DC-467A-82C9-0B0B2643E269.png
    780 KB · Views: 59
  • ACF7254D-028F-4C15-BD1E-425F180C692A.png
    ACF7254D-028F-4C15-BD1E-425F180C692A.png
    714.9 KB · Views: 57
  • EC3BF180-A54D-4906-AC10-06A38014CF0C.png
    EC3BF180-A54D-4906-AC10-06A38014CF0C.png
    421.4 KB · Views: 48
  • 46D9977A-FA89-476D-AC59-930B135FD49A.png
    46D9977A-FA89-476D-AC59-930B135FD49A.png
    506.9 KB · Views: 52
It’s truly unfortunate when you are scammed by a reputable user on this forum. Smh. @Therealdarkpegasus scammed me for $2,000. I purchased 3 different aged stripe accounts.
Upon delivering the accounts he was not able to access them or give me the code to login. I’ve messaged him, called him over a week to finish the account and to allow me access. He’s ignored my claims. Truly sad as this is a forum I turn to for real long term JV’s and to be taken advantage of from a top person on this forum is truly disheartening. If you know @Therealdarkpegasus please message him to make this right.

@BassTrackerBoats @MisterF Sorry for tags, the guy got scammed by a JR VIP as he claims. Probably has no clue about the shit-list.
 
Status
Not open for further replies.
Back
Top