SHAREMONEY.COM?

[mutant59]

Anybody have knowledge or experience with this service?

Thanks,

M59

 

[jm1105]

Has anyone tried this place?

 

[bud]

It never lets me complete a transaction even though there is approval from my end.

 

[Handsley]

I have had success for 3 transactions and now there is a problem that the bank on the other end is denying the transactions because apparently there is a limit the bank will allow monthly, but the rep at Sharemoney won't tell me exactly what the amount is and the rep told me there is no other way to make it go through.  I have an issue I need to ask a mod about, but I can't do it because I need a few more posts.  Is there a way to ask a mod or a more experienced member a vendor question that I don't want to post just yet?  I have read everything and have read the vendor's whole thread but could not find my particular issue.  Thanks in advance if anyone can help me.  

 

[Handsley]

for this particular payment method, the fee is only 3.99 for a bank transfer by debit card, which is pretty cheap.  Using a credit card is over $30.  They want a LOT of info from you to prove identity when you first sign up.  I did have to call customer service once for the issue above and lo and behold, no heavy accent through a junky red phone and could understand what the guy was saying, although he did seem tired and bored.  For the problem I spoke of above where the bank on the other end has a limit to how much you can send per month, I tried sending to another bank on the other end that the vendor can pick up from and that seemed to work fine and solve the problem.  So try to vary the pickup companies if possible to alleviate issues.  On my last transaction, they kicked out my transaction online because apparently there was a limit per transaction so I had to split up the amount, and this time an even larger amount went through fine the first time without having to split it up.  

 

[rockytop]

for this particular payment method, the fee is only 3.99 for a bank transfer by debit card, which is pretty cheap.  Using a credit card is over $30.  They want a LOT of info from you to prove identity when you first sign up.  I did have to call customer service once for the issue above and lo and behold, no heavy accent through a junky red phone and could understand what the guy was saying, although he did seem tired and bored.  For the problem I spoke of above where the bank on the other end has a limit to how much you can send per month, I tried sending to another bank on the other end that the vendor can pick up from and that seemed to work fine and solve the problem.  So try to vary the pickup companies if possible to alleviate issues.  On my last transaction, they kicked out my transaction online because apparently there was a limit per transaction so I had to split up the amount, and this time an even larger amount went through fine the first time without having to split it up.  

i know this is an older post, but do you know what the transaction limit is?

 

[Handsley]

Sorry, i used to know, but they have permanently kicked me out and my account is now suspended.  

 

[rockytop]

Sorry, i used to know, but they have permanently kicked me out and my account is now suspended.  

yeah, this service sounds like crap.  Thanks for sharing!

 

[Deleted member 7898]

I commented in another section about share money. I tried to use and I was declined by my bank. It's kind of a pain in the ass proving your identity like you @Handsley I could barely understand the guy I went through all of that 20 minutes at least then my bank won't send it. I use US Bank I think they just want me to use WU or ***** or Venmo peer to peer on their banking app. Because they said they basically didn't trust them even me saying I authorized it they didn't let it go through, sucks I wish I could use my banking apps but no one is going to divulge personal information for venmo!

 

[Handsley]

If you have a good relationship with a vendor, they might do so with *****.  There would just have to be a lot of trust there.  However all the trust needs to be is real name and real email address and the email address has to be the same email that is signed up at the bank.  I use it for a subcontractors that I use all over the u.s. and they love it.  Plus there's no fees.   Sadly, it does not work in Mexico, but might work if an SY vendor has a bank account in San Diego or another city in the U.S.  There's a list of about 30 banks in the U.S. that use it. They would have to have a bank account, but would not physically have to go and pick it up.  It is just an online banking transaction like any other.  If anyone has used the Chase Epay, it's the same thing.