Discussion of article "Payments and payment methods" - page 183
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This doesn't work for US customers. You cost me $10. I opened an account, purchased the physical Revolut card ($5) and had it shipped to my home (another $5), activated it and did exactly what you said about the location based security. Still got denied, $10 down the drain.
Somebody should be smart here, such an excellent business opportunity. Customers in US can send you their $ to your Revolut card, you then send those customers the money using paypal and keep 10% for yourself or send them the 90% via crypto on a low fee crypto like LTC, XRP or XLM. Obviously customers will not trust you initially so these transactions will be small bits of $10-$30 till our trust in you increases then the amounts will increase. MQL acts like we're in the 90's letting themselves be controlled by the banking cartel. Hello there is crypto now for instant worldwide payments with ultra low fees, get with the times. There is no excuse.
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While charging a fee sounds logical, the problem is not just financial. MetaQuotes must comply with AML/KYC laws (such as EU Directive 2015/849 and FATF recommendations), and PayPal complicates that compliance, even for withdrawals alone.
In addition, handling many microtransactions increases operational risk. So it is not just a question of applying 2% or 4%. 😕
Well said.
I stay informed of U.S. markets regulations due my legal experience. Here's a link to the latest notice that I received from the centralized U.S. ICE Futures exchange:
ICE_Futures_US_IBAdvisory_20250522.pdf
Right now, neither my WallyTech (MASTERCARD) nor Zinli (VISA) virtual prepaid cards were able to withdraw my MQL5 money.
For the past three days, I've tried on multiple times, believing the service wasn't functioning correctly.
The last time it worked for me was in September of last year, when I used my Zinli card to withdraw money without any problems.
Hi..
What about when the MQL5 site asks for First Name, Last Name, Date of Birth on the same page we enter the WMZ purse ID.
Am I to enter mine or the p2p seller I've found?
What about when the MQL5 site asks for First Name, Last Name, Date of Birth on the same page we enter the WMZ purse ID.
Am I to enter mine or the p2p seller I've found?