sms cashout /dumping money /payment processor

[mije]

Hey anyone has been involved with sms payment processors?

Has someone tried to cashout using this method?(maybe some sort of affiliate system with some porn website with sexy chat via sms , or maybe some virtual stuffs that might be sold through premium sms numbers etc )

Do you know such kind of payment processors that is cardable?
Any info regarding this questions is really appreciated!

 

[Piga]

I can't see a way to do that... I mean who will send the sms ? Maybe I don't get your point...

 

[hipster99]

probably would be better for poker websites?

 

[okänd]

Man poker website is good to make a decent amount of $$$ but don't know how to play and register on it wud be really good if someone could help on this topic the tut is there but hard to register online these days

 

[Saberstar]

I have some experience with SMS premium services. I had team of 4 people using cellular phones with hundreds of PAYG sim cards which had been topped up with Cvv2. We would change IMEI on devices (We bought special type of phone specifically for this ability).

After our first month, sales record came in at over £10k. We had invested little under 1k to achieve this result, come pay day there was payment issues from network provider. We ended up having legal battle and i dropped the case.

I am not sure about premium rate phone calls but would most probably be similar situation. Networks dont pay if its carded credit on sim.