Joint venture vs Stealth payment gateways

[artificials]

Which one do you choose if you are in an unsupported geolocation and can't create accounts? And why?
JV with an account holder
Buy stealth payment gateway.

 

[halamadrid7]

JV with an account holder as if any issue persist or required more documents JV will get the issues done. More long lastable for long term

 

[RichMedusa]

Buy stealth PayPal or Stripe accs
I did that for a few years , it gives you more independence, you don't need to reduce your profit margin giving a chunk of your profit for someone else who is the owner of the account
Also, it's safer...there are people who only offers a JV to scam you and take the money of your sales after a while

 

[artificials]

Buy stealth PayPal or Stripe accs
I did that for a few years , it gives you more independence, you don't need to reduce your profit margin giving a chunk of your profit for someone else who is the owner of the account
Also, it's safer...there are people who only offers a JV to scam you and take the money of your sales after a while

What's the chance of account ban in your experience? That's the concern.

 

[RichMedusa]

What's the chance of account ban in your experience? That's the concern.

It depends on what you are selling, your chargeback rate, disputes, etc
For me it can last years if you are selling something white hat and with a low chargeback rate

 

[artificials]

It depends on what you are selling, your chargeback rate, disputes, etc
For me it can last years if you are selling something white hat and with a low chargeback rate

Haven't you face any issue with them asking kyc again or more documents?
It's good if they last years
Do you use normal accounts or LTD based?

 

[snowreyhs]

Yeah Paypal is the best way to go.

 

[RichMedusa]

Haven't you face any issue with them asking kyc again or more documents?
It's good if they last years?
Do you use normal accounts or LTD based?

Well, your supplier must be able to provide additional documents if needed
I'm using just one of those accounts now, an individual one, but in the past I used some LLC business accs

 

[artificials]

Well, your supplier must be able to provide additional documents if needed
I'm using just one of those accounts now, an individual one, but in the past I used some LLC business accs

Normal documents is not the issue, but if they ask face verification, live video etc...

Good to know an individual account can last long without issue. Some people say if you run a business, you have to have business accounts.

 

[RichMedusa]

Normal documents is not the issue, but if they ask face verification, live video etc...

Good to know an individual account can last long without issue. Some people say if you run a business, you have to have business accounts.

I just receive a few payments per week, so an individual one is enough for me...if you plan to run a business that requires several payments per day, you might consider prioritizing a business account, since they are stronger

I can't tell about face verification and live video since I have never experienced this kind of issue on PayPal

 

[artificials]

I just receive a few payments per week, so an individual one is enough for me...if you plan to run a business that requires several payments per day, you might consider prioritizing a business account, since they are stronger

I can't tell about face verification and live video since I have never experienced this kind of issue on PayPal

Pp is easier than some others like wise, stripe.

 

[halamadrid7]

I have never used stealth accounts

 

[artificials]

I have never used stealth accounts

What is your strategy?

 

[osearthesp]

Also never use stealth accounts so good to know this

 

[artificials]

I just receive a few payments per week, so an individual one is enough for me...if you plan to run a business that requires several payments per day, you might consider prioritizing a business account, since they are stronger

I can't tell about face verification and live video since I have never experienced this kind of issue on PayPal

If I use a stripe on a website and that stripe gets banned, will the domain be blacklisted by stripe?
I mean will I be able to use another stripe on the site or not?
How about with PayPal?

 

[RichMedusa]

If I use a stripe on a website and that stripe gets banned, will the domain be blacklisted by stripe?
I mean will I be able to use another stripe on the site or not?
How about with PayPal?

When this happens, I just clone the website (built on wordpress, so, just need to use a migration plugin) and transfer its content to another domain to avoid problems, I wouldn't recommend you to keep using the same domain

 

[halamadrid7]

If I use a stripe on a website and that stripe gets banned, will the domain be blacklisted by stripe?
I mean will I be able to use another stripe on the site or not?
How about with PayPal?

Stripe bans account in a second. I have never saw any way to cross stripe system of detection

 

[artificials]

When this happens, I just clone the website (built on wordpress, so, just need to use a migration plugin) and transfer its content to another domain to avoid problems, I wouldn't recommend you to keep using the same domain

Well, this one is a big risk for me. The website is white hat and is a brand. Wouldn't be easy to change domain to another.

Stripe bans account in a second. I have never saw any way to cross stripe system of detection

But apparently some people are using those stealth stripe as they say.

 

[RichMedusa]

Well, this one is a big risk for me. The website is white hat and is a brand. Wouldn't be easy to change domain to another.

Well, if it's a white hat website with a low chargeback rate (like 0.5% or less), it shouldn't be banned so easy by payment processors

 

[artificials]

Well, if it's a white hat website with a low chargeback rate (like 0.5% or less), it shouldn't be banned so easy by payment processors

The website is all white hat.
The possible problem is the payment processor itself. And what they may ask in the future etc...different docs and verifications...
My concern is that stripe may ban an account anyways! Really don't know How much risk does it involve using a stealth stripe on a white hat brand.