1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

"Pay By Visa"

Discussion in 'BlackHat Lounge' started by SpellZ, Aug 15, 2011.

  1. SpellZ

    SpellZ Regular Member

    Joined:
    Feb 8, 2009
    Messages:
    357
    Likes Received:
    312
    Location:
    Toronto, ON
    You know how some sites have an option of "Pay By Visa"... And you enter your visa, and the money goes to the site/person/company.... Where does the money go? Their paypal? or their bank?
     
  2. SpellZ

    SpellZ Regular Member

    Joined:
    Feb 8, 2009
    Messages:
    357
    Likes Received:
    312
    Location:
    Toronto, ON
    37 views, 0 replies.. wow
     
  3. sonataseo

    sonataseo Newbie

    Joined:
    Jan 2, 2010
    Messages:
    20
    Likes Received:
    1
    example?
     
  4. IndianGrad

    IndianGrad Junior Member

    Joined:
    May 13, 2011
    Messages:
    156
    Likes Received:
    31
    Occupation:
    Internet Marketing
    Location:
    In the sea of blackhatters
    I guess it goes to their credit card.
     
  5. wowhaxor

    wowhaxor Executive VIP Premium Member

    Joined:
    Apr 28, 2007
    Messages:
    2,021
    Likes Received:
    3,353
    Location:
    ?¿?
    Home Page:
    It goes to their merchant account/payment processor. And ya, that could be a bank or they could use paypal or they could use a merchant account...
     
  6. ``Yousef

    ``Yousef Power Member

    Joined:
    Oct 16, 2009
    Messages:
    534
    Likes Received:
    286
    Location:
    Cooking up the medicine.
    Home Page:
    ^ That's nice right there. I dropped you a PM and you didn't even bother to reply to tell me that you weren't interested (even after you'd PM'ed me back before).

    The money goes through what's known as a merchant account, after which funds are processed and sent to their bank.

    Merchant accounts are only available by application, and most banks offer an online version (in addition to offline versions such as credit card processors which are essentially the same thing - but physical).

    I took the liberty of finding a decent merchant account provider in CA - http://www.versapay.com/
     
  7. xdream

    xdream Registered Member

    Joined:
    Jun 30, 2009
    Messages:
    55
    Likes Received:
    1
    most likely the merchant processor...