How common are Payment Processors that settle in NFTs?

[industriasinfinito]

I would like to see how easily one can get a high risk payment processor that does minumum KYC, and settles in USDT .. is that actually the monitority? should these be my objective for a high risk business?

I have an offer of 9% plus %2.5 for settlement in USDTA using 3ds and iam not sure how to compare it with the industry.

 

[BigUnicorn]

Could you PM the current provider you've the offer from?

Also you're confusing NFTs with Crypto/Stablecoins with the title of the thread, they're not the same thing.

 

[Sols]

The proposed pricing is a little high but reasonable if you're a new market entrant without connections.

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This is the probably the answer to your question.

 

[industriasinfinito]

BigUnicorn said:
Could you PM the current provider you've the offer from?

Also you're confusing NFTs with Crypto/Stablecoins with the title of the thread, they're not the same thing.
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Hello, my bad. I meant USDT only. I have to pay an introduction fee of $2k (which yes, it doesnt seem a little high) and iam trying to establish first if its worth it. I dont have a single processor yet.

 

[jafo]

industriasinfinito said:
. I meant USDT only. I have to pay an introduction fee of $2k
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I would evacuate right away. Paying introduction fees is a no-no to me. Of course, YMMV.

 

[Sols]

jafo said:
I would evacuate right away. Paying introduction fees is a no-no to me. Of course, YMMV.
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Completely normal in this particular industry. A few grand for an intro to the right people can unlock millions in revenue.

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This is the probably the answer to your question.

 

[jafo]

Sols said:
Completely normal in this particular industry. A few grand for an intro to the right people can unlock millions in revenue.
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I don't doubt this.
On the other hand, I am just painfully conscious/aware that I am NOT smart enough to be able to distinguish between a real deal like the one you described above vs. one like this: Advance-fee scam - Wikipedia.

So, erring on the side of caution, I avoid them all.

Akin to why I don't play golf for money. I am painfully conscious/aware that I suck at golf, so the chances that I would play against someone else who is worse than me and beat them, are non-existent, so I don't play for money. 🙄

 

[Sols]

jafo said:
Akin to why I don't play golf for money. I am painfully conscious/aware that I suck at golf, so the chances that I would play against someone else who is worse than me and beat them, are non-existent, so I don't play for money. 🙄
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Happy to coach you. Just go ahead and pay this 4,000 USDT advance fee and we'll tee off as soon as I get the funds. 😉

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This is the probably the answer to your question.

 

[JohnnyDoe]

jafo said:
Akin to why I don't play golf for money. I am painfully conscious/aware that I suck at golf, so the chances that I would play against someone else who is worse than me and beat them, are non-existent, so I don't play for money. 🙄
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that's why handicap exists, and why so many “scratch golfers” run away when money is on the table.

But it's always advisable not to bet on anything.

Unless you are Phil Mickleson: Phil Mickelson Updates Fans On Past Gambling Issues In Heated Twitter Exchange

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[jafo]

JohnnyDoe said:
But it's always advisable not to bet on anything.
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100% this! I'm glad I never had the gambling bug. Actually, the ONLY thing I am addicted to is work. I'm a workaholic! I find pleasure and relaxation ONLY when I am working. It's so weird 🙄

 

[kilianvelar]

industriasinfinito said:
I would like to see how easily one can get a high risk payment processor that does minumum KYC, and settles in USDT .. is that actually the monitority? should these be my objective for a high risk business?

I have an offer of 9% plus %2.5 for settlement in USDTA using 3ds and iam not sure how to compare it with the industry.
Click to expand...

hello what is the payment processor please ?