28 February, 2010, 23:17 PM
How much would you pay for a VCC?
Let's say you need to verify PayPal, eBay, AdWords - whatever. You can't or don't want to use a debit or credit card of your own, or you want to use it to verify something without worrying about being charged in the future. Now, how much would you be willing to pay for something like this?
VCC Price = Amount on Card + Fee
The amount would have a minimum of say - $20.
Then the fee is for having the VCC created.
I'm stuck as to what would be a fair fee for the consumer. Any thoughts?
Keep in mind that you would receive your information immediately after payment was confirmed, and that it would be 100% legal and secure.
1 March, 2010, 04:44 AM
I used to work for a guy who sold virtual credit cards that his bank could generate for him. These sold for a minimal $7-8 each. It's a pretty risky .biz that I wouldn't really recommend getting involved in. Plenty of chargebacks etc.
1 March, 2010, 15:24 PM
2 March, 2010, 19:35 PM
and if pp catch you that you are selling vcc then may be you get ban from pp
its too risky or try other payment method to accept cash.. like moneybookers and alertpay.
2 March, 2010, 19:51 PM
Right. I agree that it's a risky business.
This was more so a hypothetical question to get some community feedback, rather than me actually having an interest in this market.
6 March, 2010, 20:48 PM
Here i must say something about that guy that though it is risky but we can't deny that HIGH RISK HIGH PROFIT, LOW RISK LOW PROFIT and NO RISK NO PROFIT
6 March, 2010, 22:34 PM
Only thing is... Virtual Credit Cards are a high risk, low profit concept. They don't sell for very much, they generally don't sell to the correct hands and are used illegally, PayPal are not supportive of the concept and are from afraid of limiting their users accounts - demanding detailed descriptions of past transactions, before unlimiting your account.
Originally Posted by ad33l
6 March, 2010, 22:37 PM
I would pay 6$ tbh, every one claims they can generate legit VCCs and its so annoying to see all these
"selling vccs dumps wu transfers, etc." threads.
7 March, 2010, 02:19 AM
Furthermore, does that not defeat the purpose of a virtual credit card, by being such an expense? In NZ, we have Prezzy Cards - which are basically credit cards loaded with an amount from $20-$1000 NZD. These cost $5 NZD, plus the amount that you wish for it to have loaded on it (minimum of $20 NZD). Do other countries not have similar concepts?
Originally Posted by Kovich