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  1. #1
    Newbie
    Join Date
    August 4th, 2005
    Posts
    4
    Question about PayPal
    Hello Guys,

    I am writing to ask for your opinion on this - I have thought up a plan how to “overcome” the country-specific limitation PayPal imposes on the citizens of Russian Federation. It is not something illegal. In a sense, I am trying to comply with their standards – how I see them – but I need the opinion of the seasoned PayPal users to help me decide on the chances of this scheme actually working out:

    1. I am living in the Russian Federation
    2. I am planning to make an International portal, which will rely on affiliate commissions paid mostly through PayPal.
    3. I have friends in Finland and USA.

    My plan is to make the site, upload it, and have those friends of mine get themselves the PayPal accounts to register as AFFILIATES of portal-specific service providers. I will get the affiliate links from them and post them on my site. I will pay them 10 or 20% of the commissions the site generates. Actually, the process will be backwards - they will send me the 80% or 90% of generated commissions once their PayPal account balance (s) reaches some predefined level. I will NOT be going online to see their PayPal account balances (so that my Russian IP is not seen) – they will send me the reports once in every few days. If they screw me I can always delete their link and ask someone else to become the affiliate partner for me.

    I do not know the nature of dynamics of PayPal accounts – have seen them closed when the revenue quickly increases. Therefore I need you to help me to FINETUNE this plan. How to better set it up, what kind of account will do better for this and other considerations…..

    I will appreciate any kind of feedback!!!!!


    Thanks

  2. #2
    Full Member garystarling's Avatar
    Join Date
    January 18th, 2005
    Posts
    277
    Difficult, as you will also have to register the affiliate accounts to your 'friends' as payments to paypal are to registered email addresses.

    If paypal finds out you could have your account and funds frozen.

    Strictly speaking this is a money laundering operation, you would be using the same method as criminals to move money, so you may find some interest from the Russian Authorities as to why you are receiving regular income from Finland and USA.

    Many affiliates schemes offer other alternatives to payment, why not take a cheque or set up a US bank account and simply get payments (100%) sent there?

  3. #3
    Newbie
    Join Date
    August 4th, 2005
    Posts
    4
    wow...never though my innocent mind will ever be able to come up with a money laundering scheme ) I have a question....Do you think I can open up a bank account in US or UK and still be able to check my paypal account status while living here....Also do Paypal guys check if I am in Us when i open an account with them while in russia...One more. What type of Paypal account it should be..I think it should be premium so that they do not clos it when commisions start pouring in (hopefully) )

    Thanks again....

    Waiting eagerly to hear what you think of this

  4. #4
    Newbie
    Join Date
    August 4th, 2005
    Posts
    4
    pss: wanted to let you know that i am NOT plannign to set up a paypal account....I will have these people receive the commisions because they have thei affiliated links on my site and then have them send me a percentage of their profit (my profit actually)

  5. #5
    Newbie
    Join Date
    August 4th, 2005
    Posts
    4
    comon guys PLEASE voice your opinions.....this is very important for me....please let me know of ANYTHING that comes to your mind!!!

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