Shopping with NETeller- Store open
 

http://www.cashoutshop.com

sorry mike. that thread is killing my front page and load time. maybe they will start fresh here.

[img]/images/graemlins/wink.gif[/img]

Re: Shopping with NETeller- Store open
 

Got an Amazon gift certificate thru here, evrything went smooth.

Re: Shopping with NETeller- Store open
 

Can someone please explain to me the advantages of the Neteller store? It looks like you have to pay $500 for a $500 gift certificate and then an additional 2% or so on top of that? I'm not sure what I'm missing.

Re: Shopping with NETeller- Store open
 

[ QUOTE ]
Can someone please explain to me the advantages of the Neteller store? It looks like you have to pay $500 for a $500 gift certificate and then an additional 2% or so on top of that? I'm not sure what I'm missing.

[/ QUOTE ]

It's all about cheating on your taxes. No transfers or deposits to your bank to be reported to the IRS, making it easier to not report your income and not get caught.

Re: Shopping with NETeller- Store open
 

Thanks. I figured it was an IRS issue but just wanted to be sure.

Re: Shopping with NETeller- Store open
 

Its all so a convenience issue for some people.

Re: Shopping with NETeller- Store open
 

What benifits (if any) does this have over an ePassporte account?

Once the ePassporte account is set up, it's free to fund via withdrawls from poker sites, and acts as a visa card. So, no 2% hit, plus it's accepted anywhere.

I don't see it being any better or worse from a tax evasion point of view, not that I condone that. Neither method has the cash hitting your bank account. Sure, the IRS could look at your ePassporte transaction history, but then again they could do that to Neteller or the Neteller store too.

Re: Shopping with NETeller- Store open
 

Interesting. How much is ePassporte likely to share with the IRS?

from their website: [ QUOTE ]
ePassporte cards are issued by St. Kitts-Nevis-Anguilla National Bank Ltd., Basseterre, St. Kitts, West Indies.


[/ QUOTE ]

Re: Shopping with NETeller- Store open
 

So the only fees associated with this is the intial deposit fee and yearly $5 acct fee? If this is true why bother with EFT's to your bank or shopping from neteller? You can shop from epassporte.

Re: Shopping with NETeller- Store open
 

Whats the bottom line on how much epassporte charges, if you use the ATM. I cannot find that info anywhere.