I'm not supposed to reveal this, but I just want to inspire 1 or 2 people who would love to go into currency exchange business. Is it profitable? The chat below will answer your question.

Before I post the chat, I want to advice you. In all you do, try your best to be honest. Honest has gotten me so many great things and continues to get me more — including trust, respect, and money.

When people trust you in business, you're made. With this trust, any business you move into, they'll patronize you without fear.

Below is my first PayPal transaction with a Nairalander, as a new exchanger and how it went.

I will reveal everything from start to finish until the money landed on my palm/wallet.

I sent someone to go cash the money and I want to immortalize it. What do I mean by that? How will I do it?

Is that your questions?

Fool.. .

I just want to let people know exchangers are leeches, middle men, but the money they are making is legit — it's better than being a fraudster.

Middle men make more money in this life. This is why Jeff Bezos is a billionaire. He is a middle man.

Try your best to be a middle man in different businesses and you'll never lack money.

The summary is: exchangers are making legit money, become one today if you can. Money is always small like rain drop, but when it accumulates, it fills a city.

Slayer10:
Fool.. .

You're highly welcome, Sir. Keep the boat sailing. You shall never sink. You'll grow in strength.

iLegendd:
I'm not supposed to reveal this, but I just want to inspire 1 or 2 people who would love to go into currency exchange business. Is it profitable? The chat below will answer your question.

Before I post the chat, I want to advice you. In all you do, try your best to be honest. Honest has gotten me so many great things and continues to get me more — including trust, respect, and money.

When people trust you in business, you're made. With this trust, any business you move into, they'll patronize you without fear.

Below is my first PayPal transaction with a Nairalander, as a new exchanger and how it went.

I will reveal everything from start to finish until the money landed on my palm/wallet.

teach me sir

mikezuruki:


teach me sir

Welcome, Sir.

Sadly, we don't offer such service at the moment.

lol be careful you are disclosing information try cover details in your post...your client's name and your PayPal email

uruba23 lol

iLegendd:


Welcome, Sir.

Sadly, we don't offer such service at the moment.

Do I need funds to start this?
I already have a PayPal linked with my card

iLegendd:
I'm not supposed to reveal this, but I just want to inspire 1 or 2 people who would love to go into currency exchange business. Is it profitable? The chat below will answer your question.

Before I post the chat, I want to advice you. In all you do, try your best to be honest. Honest has gotten me so many great things and continues to get me more — including trust, respect, and money.

When people trust you in business, you're made. With this trust, any business you move into, they'll patronize you without fear.

Below is my first PayPal transaction with a Nairalander, as a new exchanger and how it went.

I will reveal everything from start to finish until the money landed on my palm/wallet.

please I'm willing to learn.
I'm very transparent with money

Onlinebar:
please I'm willing to learn.
I'm very transparent with money

You're welcome. Sadly, the reason for the thread is only to inspire and not to teach or guide. What I only do is to motivate and whoever likes what he/she reads can now use YouTube or Google to learn more.

JafunmiFX:

Do I need funds to start this?
I already have a PayPal linked with my card

No, you don't need fund. You need a working PayPal and trust.

iLegendd:


No, you don't need fund. You need a working PayPal and trust.

I have a working PayPal account and I've linked my card to it, my question now is, how am I going to pay the client if I don't have funds?

JafunmiFX:

I have a working PayPal account and I've linked my card to it, my question now is, how am I going to pay the client if I don't have funds?

Client pays into your account first, you transfer that Dollar to your Naira card and from Naira card, you send the money to the person's Naija account and keep your service charge. That's all.

As I said, trust is the key. No one will just send you money like that without trusting you. You need to build trust as you grow.

iLegendd:


Client pays into your account first, you transfer that Dollar to your Naira card and from Naira card, you send the money to the person's Naija account and keep your service charge. That's all.

As I said, trust is the key. No one will just send you money like that without trusting you. You need to build trust as you grow.

Okay thanks for your Swift response
One last question

I'm using uba debit MasterCard, my africard was rejected by PayPal...hope I'll be able to withdraw to the MasterCard?

Honesty pays...
thou I see many flops as an exchanger and in the business for long.
I wish you all the best

ilegend ...are you using a Nigerian paypal acct?

iLegendd:


Client pays into your account first, you transfer that Dollar to your Naira card and from Naira card, you send the money to the person's Naija account and keep your service charge. That's all.

As I said, trust is the key. No one will just send you money like that without trusting you. You need to build trust as you grow.

seanjy4konji:
ilegend ...are you using a Nigerian paypal acct?

No.

Which country? Sadly, it's contained in the book that will be published next month.

webshopNG:
Honesty pays...
thou I see many flops as an exchanger and in the business for long.
I wish you all the best

Sure, it does.

JafunmiFX:


Okay thanks for your Swift response
One last question

I'm using uba debit MasterCard, my africard was rejected by PayPal...hope I'll be able to withdraw to the MasterCard?

I haven't used MasterCard to withdraw before, so I have no idea about it.

iLegendd:


I haven't used MasterCard to withdraw before, so I have no idea about it.

Okay thanks

So how do you mitigate against fraudulent transfers.WebshopNG ILegend

:DThink about the risk here. What if PayPal block your funds..How will you refund your client's money.


Someone (an exchanger) I knew lost $1500 to PayPal last year December.

uruba23:
So how do you mitigate against fraudulent transfers.WebshopNG ILegend

Doing due diligence before receiving payments.
Its not a bad thing to do little kyc of your regular customers, stick to the ones with known source of funds ,freelancing being the safest.

webshopNG:

Doing due diligence before receiving payments.
Its not a bad thing to do little kyc of your regular customers, stick to the ones with known source of funds ,freelancing being the safest.

Thanks

americans:
:DThink about the risk here. What if PayPal block your funds..How will you refund your client's money.


Someone (an exchanger) I knew lost $1500 to PayPal last year December.

Paypal Allows you refund payments even when your account has limitations,in most cases.

Anybody that cannot take risks or lose money should not be an exchanger.

Gns PayPal fund available