Fast Secure Transaction Idea for Recieving Funds

[TokenBlackGuy]

just thought of a crazy but very useful idea about long distant money transactions..ok here it goes
alot of people have probably heard of reloadable credit cards for example, Greendot brand cards.. Well lets say a cliet wanted to buy a $100 item from me.. but he lives 100 miles away.. So what he does is go buy the reloadable card for 4.95 and puts $100 on this reloadable card that just has a 10 digit number on it..
He then emails me the number and i go online to greendotonline.com and i have already purchased the $9.95 greendot prepaid credit card so i just sign into my account and punch the 10 ten digit number and i now have $100 in my account and can send him his item right away.. I can also use this card at an ATM and withdraw this money within an hour..
All this could be done for something like seedbay who doesnt have credit card transactions yet but wants something for fairly simple and fast..
Seedbay would have the Greendot Online Credit Card which holds upto $10,000..
The customer would send seedbay the 10 digit number with the appropriate amount for seeds..and also pay the 4.95 for the onetime use reloadable card..

This could also be used if i was sellin Glass pipes and i didnt know away for a purchaser to send me cash without them knowing something about it.. like my address or paypal account.. all they know is my username or my email address..

Any comments welcomed..

 

[TokenBlackGuy]

Just thought about it even more... lol.. This is also could be used for receiving Ransom money.. but just use more cards of course..

my brain never stops..

 

[Insomniac]

To buy this card and to use it, do you need to enter your personal information anywhere? If so, then I'm sure the gov't would keep an eye on it.

 

[ChaoticEntity]

always be careful of the company, whos to say they wont squeal the first time the feds give them the squeeze.

Cash is king, just make sure you can spot fugazzies.

 

[Pythagllio]

You are living in the past ChaoticEntity. Cash is Suck not King. There is a need for alternative ideas, cash is on the way out. Within twenty years it will be obsolete. It would be already if it weren't for poor people, a system to take the money they accidentally obtain has to be in place first.

 

[TokenBlackGuy]

To buy this card and to use it, do you need to enter your personal information anywhere? If so, then I'm sure the gov't would keep an eye on it.

I believe if you use the Greendot brand US version, you need an SSN that matches the name.. But if you get the Spanish version, then they dont have to match.

I searched around for a no information at all card for mastercard..
I came up with this card called PrivaCash Mastercard.. It is also reloadable but only down fall is that it only can hold upto $500... These cards can be reloaded with Greendot brand reload cards.. But this is still good for a small time vendor because i can take the money out that day and be back to a balance of 0.. you just couldnt sell anything over $500.. Or you could just buy 10 of these cards for $5.95 a piece..and be able to process $5000.. Or buy 40 cards and be able to process $20,000..
All while being completely invisible.. Only way someone could track you would be if they could track the Reload number they gave you and also track your email or username if done by PM..

Heres a link to that Card..
https://secure.privacash.com/index.cfm?catID=productPage_blue

 

[Frogger]

TBG...cool info man

 

[Frogger]

so you don't have to give up my info to the card company ?

 

[DogBoy]

It creates a papertrail that can be followed to both the person who loads the card and the person who withdraws the funds. All cash points and POS for these things have CCTV. If you have the time and location of either the loading or the withdrawl you have a pic of the people involved. No form of payment will ever beat cash for anonymity. Someone will always be able to find out about money as soon as it becomes electronically stored.

this is the danger we will all face when they phase out cash. Suddenly every penny you earn will be trackable from source to destination.

 

[ninfan77]

Well, if you pay for the greendot in cash... they aren't going to have a record of who you are other than a still image from CCTV, hardly linkable to a 10 digit number sent to someone else.

And places like CVS, Walgreens, i dont believe keep surveilance tapes for very long.

Greendot is a proven method to send "cash" anonymously.

Obviously people are gonna say, why not send real cash? Well, for one its easily stolen in the post, second its becoming harder to get a true "safe" address. Everyone has to show ID to get a private mailbox (ups store etc), or at the usps box.

Unless you have someone willing to let you send mail to their address, and even this isn't that safe imo, one visit from LEO and many ppl will turn the mail right over.

Without face to face contact, its becoming more and more difficult to send and receive cash.

 

[Truthman]

Tokenblackguy, thanks for linking the privacash card because that would DEFINITELY come in handy for me. I REALLY appreciate it. Peace.