Paypal Transactions

[jdonn77]

Hello Everyone...just moved back to the area and encountered something different today. I was speaking with a provider who noted only taking paypal or venmo...would not accept cash as a payment. Is this a new direction the industry is going towards?

This was a new provider I have not seen before so do not have the rapport...didn't find anything bad on the homework however my first thought was possible fraud where the funds are sent and then lockout or runaway occurs. I have had a runaway before which is why I am a little skeptical about it.

Thoughts and insights are appreciated...Play On Playas!!!!

JD

[bluffcityguy]

Originally Posted by jdonn77

Hello Everyone...just moved back to the area and encountered something different today. I was speaking with a provider who noted only taking paypal or venmo...would not accept cash as a payment. Is this a new direction the industry is going towards?

This was a new provider I have not seen before so do not have the rapport...didn't find anything bad on the homework however my first thought was possible fraud where the funds are sent and then lockout or runaway occurs. I have had a runaway before which is why I am a little skeptical about it.

Thoughts and insights are appreciated...Play On Playas!!!!

JD

The obvious precaution is that you don't send the money via the app until the services have been rendered. If the lady doesn't agree to that, move on.

I've used PayPal to reimburse a couple of my ATFs in the past, but these were women with whom I've had long friendships with and we trust each other. I'm ok with using a payment app in those situations, but I'd never pre-pay to a woman I'd never met (or indeed, not seen for a long time and many sessions).

Cheers,

bcg

[Fsn57]

Sounds like a scam to me. Never pre-pay for a visit. I wouldn't even give a "deposit" to a provider I don't know. There are plenty of providers out there that don't require such risk.

[RocketSurgeon]

A few things ...

Venmo is owned by PayPal, but operates independently.

Once you send $ via Venmo, or Paypal Friends & Family (ie. no charges assessed to recipient), the money is for all practical purposes gone forever and you cannot reverse. You can contest with your credit card company or bank (whichever source you used to fund transaction), but then your Venmo/Paypal account will be locked, they'll try to collect the money from any other source you have linked, and you'll be banned from using their services. If you get banned, you'll just need to use different email, address, name, funding sources next time.

This is the important part: EVERY transaction is logged by Venmo/Paypal, and law enforcement and IRS among others have access to it. This will be irrelevant to almost everybody, because there are so many transactions, and so many people people openly using those services for both legal and illegal purposes. If the provider gets popped though, or you get popped for anything, or you're going through a divorce, or you're getting audited, there is now a financial paper trail of your hobby activity that could cause problems for you.

Another thing to consider is that if you use your real name or primary email (based on your name?) to set up a Venmo or Paypal account, or have that account linked in any way to social media, or your home address or work address, etc, then the provider and her pimp can possibly see some of that info.

Bottom line: financial transactions are moving to all digital whether you like it or not, and soon you'll be paying for everything digitally. Thus, there will be logs and trails, and the govt, the courts, background check companies, and consequently employers, will have access to all of the data. So just like you have a hobby phone, you'll want to have a hobby credit card too.

[jdonn77]

Thank you everyone for the insight...I was thinking along these lines however adds some additional precautions to think about...Play On Playas!!!

JD