Quote:
Originally Posted by GlobalPokerCSadmin
Also when you are purchasing Gold Coin packages we are giving you our real money currency called $weeps. You get these for free and they can be used to play cashgames and/or tournaments. Any winnings you can legally cashout. Its legal because you get your initial $weeps for free.
What proof do you have the cashout is actually legal in USA? Also what proof do you have that Paypal is OK with this. "XXXX has been doing it for years" is not valid proof.
According to Paypal's acceptable use policy - Activities requiring approval:
https://www.paypal.com/us/webapps/mp...ptableuse-full
"Activities involving gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, fantasy sports, lottery tickets, other ventures that facilitate gambling,
games of skill (whether or not legally defined as gambling) and sweepstakes, if the operator and customers are located exclusively in jurisdictions where such activities are permitted by law."
Your business model would fall into this category (especially the bolded language) and the fact your $weeps is "free" by your own words has nothing to do with Paypal's policy.
A transaction reversal is the least of my worries here. I really wish you and all who decide to use your site the best, but I am not risking my Paypal account being closed indefinitely to play here without word from Paypal they have approved your model.
Last edited by nojgib; 02-05-2017 at 10:20 AM.
Reason: added - Activities requiring approval