Has anyone heard of this payment merchant service provider?
- Thread starter Datfeel
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webpays seems a bit of a Mickey Mouse operation. Also it's not clear who really owns the company. Their API interface documentation is not good either. But they do offer to process high risk. It seems to be based in Hong Kong with the bank in Singapore and the owner being in the BVI.
I'm not sure that the certificate matters︃ that much these days. One of the banks I use ( large bank, 100+ years︄ old, trillions in assets) doesn't display site ownership information either.
Then if you are smart you can setup account with them, let's see where's the money goes to,
when i did setup my own MID i was getting forms from the bank itself to sign or at least i got some forms with the company name to sign with , instead of .doc without any company information who i deal with.
also i got my own descriptor , so when someone telling me you will get your own MID with some "generic descriptor" then it will be his shared MID .
and the fact that he didn't response to my last message anymore for me it show that its︀ big potential for scam.
when i did setup my own MID i was getting forms from the bank itself to sign or at least i got some forms with the company name to sign with , instead of .doc without any company information who i deal with.
also i got my own descriptor , so when someone telling me you will get your own MID with some "generic descriptor" then it will be his shared MID .
and the fact that he didn't response to my last message anymore for me it show that its︀ big potential for scam.
Nothing in these messages indicate that Webpays is a scam. You may however not be as experienced in payments processing as you think. The service being advertised by Webpays is very, very common.
I'm not vouching for Webpays, though. Just that the model is common and not by itself an indication that a whole business is fraudulent.
I'm not vouching for Webpays, though. Just that the model is common and not by itself an indication that a whole business is fraudulent.
Hey Alex40︁ i think you didnt understand the pun when i asked myhand the question.I actually agree︂ with you.
Most often mot, but it depends on if the merchant account provider has put your business in as a SUB MID which was the case in one of the MAP's I used many years ago and got me into troubles.
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