Payment gateway for Replica Watches

[Bufus777]

Hi everyone,

I have been selling replicas of luxury watches for over a year.
In the beginning I used stripe. When it closed, I switched to a Greek high-risk payment processor.
After six months of managing payments with the latter gateway, they started asking me for various documents and, finally, they closed my account because they realized that they could not work with my products.

Now I accept payments by bank transfer, bitcoin and paypal (formulates friends and family).
However, it is very cumbersome and above all my conversion rates are lower than when I accepted credit card payments.

My monthly volume is currently 25-30k and my company is Italian.

If someone knew how to help me, I would be very grateful!

 

[Bufus777]

Various brands: rolex,‌ audemars piguet, patek philippe, omega, hublot, iwc, richard mille, etc.

Why?

Do the chances of‍ accessing a gateway change according to the brands?

 

[reesek]

Definitely. And depending on geo of customers as selling something fake to the territory with‌ an official reseller is a crime

 

[Gediminas]

This sounds like a mission impossible. For replica business, you are facing much higher fees for‌ the simple reason - acquirers may get fined BIG TIME for doing business with the‍ replica.

 

[Zappat]

Will continue using PayPal then, and try to find some solutions which are not asking‌ too many questions.. 🙂

 

[GAC Limited]

Stay with PayPal until they audit your account. Once they figure out it is replica,‌ your account will be shut down and typically refunds will automatically be issued to your‍ customers. You run the chance of losing your processing revenue and your product. Not to⁠ be negative to your set up but I guarantee it is not if PayPal will⁤ shut you down it is a matter of when. Just an FYI so you can⁣ have a contingency plan in place.

 

[Zappat]

Thank you for the input, I've always had thoughts about this. That's why I've opened‌ up three different verified accounts, i also sell on Ebay. I know however that one‍ day I'll probably have to use another payment provider.

If you know any payment provider⁠ feel free to share in a PM mate. thu&¤#

 

[GAC Limited]

We currently have a provider that takes basically any legal entity no matter of what‌ they sell (within reason of course.) He charges clients of their merchants via bitcoin and‍ settles next day with merchant via coin as well. It is a very easy and⁠ streamlined situation. There are no reserves, transaction or chargeback fees as the client cannot charge⁤ it back. Processing cost is a flat 12% all in. Signup and boarding fee is⁣ normally $2500 USD which you pay to us after your first settlement from the processor.⁢ I will cut it to $1500 and one of your top selling replica watches as︀ I am interested in seeing the quality of the product. I can email you the︁ "application" and transaction flow if you would like. My email is gaclimited at proton mail︂ dot com. FYI, I have been in the financial and merchant services world for 25︃ years and know my stuff. This is a huge processing channel for the whole high︄ risk industry and it has been working like a charm.

- Dominic

 

[Money king]

Hey,
Have you found anyone?

 

[Rao Anwar]

If you found any please share

 

[clemens]

why would he‍ not do that if they can payout as a clock work ?

 

[bountymounty]

Few are mentioned in the mentor group , if it is worth it for you‌ than check out there!

 

[lostguy]

Go inside the mentor group gold and reopen the thread, I can point you to‌ at least 2 or 3 threads that will solve your problem. If not, I can‍ tell you how to go about it.

 

[boomy]

what processor would⁠ you suggest? maybe post in mentor group. I will have access shortly again.

 

[spantelis97]

did you found any payment provider? i am interested too. also which greek company high‌ risk you worked with? i am from Greece btw

 

[CoinMaster]

It's possible to speak with Durango merchant service, beside the scam processor they suggest from‌ time to time they have others.

 

[CoinMaster]

No they suck, but have you tried again... just ask them avoid the scam processor‌ ipay total and it's associates. but they may have new available.

 

[JohnnyDoe]

I’m so much demotivated with this processing trouble that I’m even thinking of paying⁠ taxes and using a domestic company gru87¤¤
Last time I contacted Durango was just a few⁤ months ago

 

[Spinat]

Durango has some good connections but they prefer to suggest iPay total because they‍ take all what they can, problem is they fail to pay their merchants.

A local⁠ company could most often be a great alternative to setting something up offshore, but how⁤ would that solve your problem to find a valid payment processor for replica business?

 

[erni]

You may already have found one, but else there is a good thread started in‌ the mentor group gold by a trusted member
https://www.offshorecorptalk.com/th...-risk-payment-processor-check-the-list.39138/
we are building a huge list‍ there.