Originally Posted by abibio2001
But would they accept western union if it was paid for using a prepaid card
There is no way for an exchanger to know if the card was credit, debit, prepaid or even if the card belonged to the person using it.
Very few exchangers have been able to keep the fraud away because WU does not give them the tools, and then blacklists them when fraudsters come calling.
Bottom line, online payments from any sort of card or account are suspect as being stolen. Any credit transaction that is done on line has no foundation and therefore no avenue to arbitration.
Add in cross-jurisdictions and the merchant has absolutely no recourse.
Why do so many exchangers quit after only a short time? Nothing is as easy as it looks.
Exchangers set themselves up to be trusted and spend years earning that trust. Unknown people want to be trusted without making those efforts. It is not sensible.
Why would any exchanger trust your promise to pay for his hard cash?
Yes, any sort of merchant has this problem, but only exchangers offer hard cash as their merchandise and only exchangers work on tiny margins.
Steal a widget from a widget seller and he looses a widget. He has path to arbitration because the card issuer will listen to his side - at least he has a record to prove he shipped the widget.
Steal digital cash from an exchanger and he is out the cash. No card issuer will hear his complain because he has absolutely no acceptable proof that he delivered the digital cash.
Western Union made the decision to accept creidit cards. That is their risk to take however note how they couch their position by insisting that people do not send money to people they don't personally know. That is the rule - look it up if you like. When sore losers charge back against WU, it's the mercahnt who suffers the clawback and/or blacklisting.
There was a time when some exchangers did allow promises against cahs, but they had to charge about 25% to cover the losses and spend several dollars and a coupl hours time to investigate the customer to determine his creditworthiness. Even with heavy fees, they usually failed.
Gamblers don't want to be investigated and verified. They want anonymous conversion of their money into the poker chips we call digital cash.
Consider gambling in a casino. Want to use your credit card? Well, you might, in person, after having your credit checked, getting interviewed and signing on the line. Now imaging phoneing up the cashier, perhaps from a foreign counrty and ordring some chips against a credit card that may or may not be your own. Also know that the losses must be borne by that cashier. That would never happen.
See how ridiculous it is to expect an exchanger to accept your money with strings, that may or may not belong to you in the first place, in exchange for the cold hard cash that DGCs are?
I hear the crying and piss-moaning daily. Puleeeeze accept my Paypal. Puleeeze accept my CC funded WU.
The answer has to be: For my real hard cash I must be paid in kind. That means you have to actually pay by irrevokable means, generally that is cash at the counter.
For those readers who don't know, cash is that stinky paper that you might carry in your wallet.