Problem with Redeeming Moneypaks.

[Dayvid]

So recently, when I try to redeem moneypaks for people, I get a big fat error saying "Due to prior negative activity with Paypal or Green Dot you will no longer be able to fund this Paypal account using a Moneypak. We will send you a refund for this Moneypak. The following information is required to send your refund."

I'm not sure why I keep getting these messages. And it's effecting my business because when I try to enter the code, it pretty much makes the Moneypak itself not work for anyone else who tries to redeem it.

 

[TradeFortress]

Make a new a new Paypal account or when you call ask for a supervisor or else you'll keep getting the same responses every time.

 

[Dayvid]

Make a new a new Paypal account or when you call ask for a supervisor or else you'll keep getting the same responses every time.

I can't really make a new paypal account since this one is already hooked up to my Bank account. But I guess I'll try to supervisor thing next time.

 

[Xier0]

You probably want to contact the fellows at green dot moneypak. It probably doesn't have anything to do with your paypal account, and making a new paypal won't help since moneypak requires your SSN.

 

[Superfluous]

> "Due to prior negative activity with Paypal or Green Dot..."

Sounds like they simply don't want people who have had negative balances using them...

 

[Fulla]

As Xier0 said, you need your SSN attached to your PayPal account.

Honestly, it is the dumbest thing ever. I am pretty sure I got scammed by MoneyPak (obviously not) for 30$ because it said they would give me a refund and I never received one, and I think I lost the card so I didn't have the correct information. Verified PayPal should be enough, no idea why they need your SSN.

 

[Dayvid]

> "Due to prior negative activity with Paypal or Green Dot..."

Sounds like they simply don't want people who have had negative balances using them...

I've never been chargebacked nor have I ever had a negative balance ever. I asked him if they had any record of my having a negative balance and they said no. I don't know why I keep receiving this message.

 

[Xier0]

I've never been chargebacked nor have I ever had a negative balance ever. I asked him if they had any record of my having a negative balance and they said no. I don't know why I keep receiving this message.

They could suspect you of doing things against the moneypak terms of service and banned you from redeeming them.

 

[Dayvid]

They could suspect you of doing things against the moneypak terms of service and banned you from redeeming them.

Yeah Ziggily already spoke to me about it. Apparently it's a security measure to stop possible Money Laundering

 

[YoHoJo]

I've gotten that, and since then I've never tested it/tried to redeem one again.
What you can do is find a 'redeemer' who can redeem it for you and send it to you via PP for a 5% fee.

Add me on Skype, and I can easily drag you over contact details for the ones I use (most/all are Sythe staff/ex-staff).

 

[Xier0]

I've gotten that, and since then I've never tested it/tried to redeem one again.
What you can do is find a 'redeemer' who can redeem it for you and send it to you via PP for a 5% fee.

Add me on Skype, and I can easily drag you over contact details for the ones I use (most/all are Sythe staff/ex-staff).

The issue here is that OP is a redeemer, and Moneypak put the brakes on his business.

 

[Dayvid]

I'm not sure if I'll still have this problem. Has anyone ever had this problem? If so, what can i do?

 

[RSGoldstop]

This happened when I tried to redeem a moneypak before I was 18. Since I wasn't 18 the SSN didn't return any information and was declined. Ever since, I haven't been able to upload moneypaks, I've had to ask for the refund check that takes around 2 weeks to come in the mail. Although its slower, if you have decent capital, you get an extra 5$ for asking for a check refund, so it might be worth it for some people that don't need money instantly.

Haven't found a way to clear it though

 

[fcpl0x]

Can you just redeem the moneypaks for checks? This would allow you to bypass the 4k limit if you have enough funds. I got that error too when I tried to redeem a moneypak from that Honest Iago guy on sythe.

 

[Dayvid]

This happened when I tried to redeem a moneypak before I was 18. Since I wasn't 18 the SSN didn't return any information and was declined. Ever since, I haven't been able to upload moneypaks, I've had to ask for the refund check that takes around 2 weeks to come in the mail. Although its slower, if you have decent capital, you get an extra 5$ for asking for a check refund, so it might be worth it for some people that don't need money instantly.

Haven't found a way to clear it though

The problem with this is I am able to redeem over 4k Moneypaks in less than a week, and I only have a 2k capital to work with

Do you think creating another paypal would work?

 

[Dayvid]

Still need help with this.

 

[RSGoldstop]

Creating another paypal will not work. I have a business paypal and a personal, the personal was flagged after the business.

Also, once you do a certain volume of "redeeming" paypal is gonna send you a tax form in the mail, and you'll have to file...then have fun explaining to the IRS what your business is..it's money laundering 100%

ALSO -

when you request a check, the original moneypak holder CAN CANCEL THE CHECK! Happened to me when I first started. Be careful lol

 

[Dayvid]

Creating another paypal will not work. I have a business paypal and a personal, the personal was flagged after the business.

Also, once you do a certain volume of "redeeming" paypal is gonna send you a tax form in the mail, and you'll have to file...then have fun explaining to the IRS what your business is..it's money laundering 100%

ALSO -

when you request a check, the original moneypak holder CAN CANCEL THE CHECK! Happened to me when I first started. Be careful lol

thanks for this info :3

 

[Dyfect]

No need to make any new Paypal accounts, I've personally ran into this problem a couple times, you ask to speak to a supervisor and give them all information that they request; they have authority to bypass the average "script" and standard responses that an actual response team/phone agent must follow. An average phone agent is almost useless unless it comes to giving information or helping you understand certain things, good little protip; always speak with a manager with any issue! They're 98% of the time the only ones who may actually be capable of helping you!

 

[Sephiroth]

Creating another paypal will not work. I have a business paypal and a personal, the personal was flagged after the business.

Also, once you do a certain volume of "redeeming" paypal is gonna send you a tax form in the mail, and you'll have to file...then have fun explaining to the IRS what your business is..it's money laundering 100%

ALSO -

when you request a check, the original moneypak holder CAN CANCEL THE CHECK! Happened to me when I first started. Be careful lol

He doesnt have to explain anything... Also, its not money laundering... He is not committing any crime (that we know). He has to commit a crime to get the money then transfer it into an asset thats profitable.. That is laundering.