I am sure there are tons of people who would like to be able to receive anonymous electronic cash payments online. There is always lots of money to be made in selling items which fall within the gray area which is merchandise considered to be “semi-legal” or only legal in certain areas.
Some examples of gray area merchandise might be generic Viagra from China, marijuana seeds from Amsterdam, steroids from Mexico, swithblades from Italy, or knock-0ff Rolex watches from Thailand. These items are available for sale overseas, but are considered illegal in the United States.
In order to sell these items online you either need to be located outside the United States or have a system to make it appear as though you are offshore or overseas. There are two ways that a person selling these items can be traced (1) through tracing the shipment of the item to the customer and (2) through the payment processing system that the seller is using.
It’s fairly easy for people to prevent the shipment of the goods from being traced. Namely using the return address of a person overseas, mailing the packages from different mailing centers, and not including anything with the package that can be traced back to the sender. However, concealing the payment processing system to prevent it from being traced is much more difficult.
Most people would attempt to set up an anonymous electronic cash payment system, simply by setting up a paypal account using an assumed name. However, paypal has different ways of identifying the owner of their accounts and they will often put heavy restrictions or holds on people’s accounts who have not confirmed their identity and have either linked a credit card or a checking account to their paypal account.
The paypal system requires that a user with a merchant account provide the following (a) their personal information such as name, address, and phone number, (b) a verified email address, (c) your computer’s IP address, (d) a confirmed telephone number, or (e) a confirmed bank account or credit card linked to the account.
Anyone can create fake personal information, it’s also fairly easy to sign up for a free email account on hotmail, yahoo, or gmail. You can easily block your IP address by using a proxy server service such as FreeProxyServer.net or from a site like PublicProxyServers.com where you can chose from a list of hundreds of proxy servers located in various countries from around the world. Anyone can pick up an anonymous prepaid cellphone at their local pharmacy or grocery store. Paypal relies on the bank account or credit card as the main way of verifying their customer’s identity. They rely on the bank or credit card company to verify this information and trust that they have done so properly. What a big mistake!
For those of you who currently have a paypal account you know how this identity procedure works. You provide paypal with your bank account or credit card number and they make two small deposits into your account. These deposits of a couple cents appear on your billing statement. You enter the deposit amounts into paypal and they now have verified that you are the owner of the account.
How to solve this anonymously?
A bank account can be opened online fairly easily. Some banks require only a scan of your driver’s license to open an account with them. Do a little photoshop magic and you are done. The next step is the credit card, how do you get a credit card that will verify a false identity?
Easy! It won’t cost you more than $25! American Express, Visa, and Mastercard now sell anonymous gift cards available at your local supermarket. These gift cards are totally neutral and can be associated with any name. These gift credit cards can be used to verify your identity on paypal.
Once you have a paypal account set up, you can receive payments and then transfer the balance of your payments into your anonymous bank account or onto your anonymous credit card. Some gift cards do not allow you to add additional funds to be sure to read the fine print associated with the gift cards.
You could take things a step further and actually setup an anonymous offshore account, however these bank accounts are not without heavy fees and high minimum balances. It would also be possible to setup a regular bank account offshore or overseas.
If paypal doesn’t work for you then you might want to consider one of the following similar payment processing companies.
At this point whoever you send money to using the payment service will have no way of tracking the payment back to you.
Do beware that Paypal and others will ask questions about large transactions. I recently sold some teak furniture for close to $3000.00 and a Paypal security representative sent me an email asking me to confirm the transaction and explain what it was. I responded to them and then never heard from them again.
This system is fairly easy and straightforward, it shows that sending anonymous payments and receiving them can be done if the proper groundwork is setup in advance.