usemycards.com seems to be good

I did transaction. Its very Smooth

nithinkatakam wrote:

I did transaction. Its very Smooth

please explain briefly !

nithinkatakam wrote:

I did transaction. Its very Smooth

Me too just ordered for someone.
Seems to be good.
I willl wait 5 days and share my feedback after withdrawing money from them.
After that only share my refferal code.

arunhegde wrote:

please explain briefly !

go to umc website they have video and faq.
It is escrow system.

you will order using their fk/az account using your cc.

Next few posts will be like : PM me for UMC referral code.

So what happens to the saved card details in the buyer’s account?

ramadesidime wrote:

Me too just ordered for someone.
Seems to be good.
I willl wait 5 days and share my feedback after withdrawing money from them.
After that only share my refferal code.

I saw in video that they transfer money to wallet and not to your bank.
Is bank transfer allowed? After how many days? Any limits? Charges for transfer?

cocay wrote:

I saw in video that they transfer money to wallet and not to your bank.
Is bank transfer allowed? After how many days? Any limits? Charges for transfer?

From wallet to bank with in 48hrs. Since it is new, they are doing it in couple of hours now.
No charges at this moment.

Delivery 5 days + 1 day for escrow to wallet + 2 days to bank. If the delivery fails, money refunded to cc by fk/az/bb etc

andromeda wrote:

So what happens to the saved card details in the buyer’s account?

Delete it after ordering.

What happens if the buyer’s account has some giftcards and stuff. Since they ask for acc details, is there any risk of losing money in terms of Amazon Pay balance/ Flipkart wallet balance?

bikidas2060 wrote:

What happens if the buyer’s account has some giftcards and stuff. Since they ask for acc details, is there any risk of losing money in terms of Amazon Pay balance/ Flipkart wallet balance?

good query. Chances are there to loosing the wallet balance.
but there is a chat option, before giving the details.
you may chat first and decide.

What if I want to cancel an order & get refund?

There are some complications in this whole setup. Tax liability, CC/account blockage risk (by flipkart) and of course scams. Credit card user can file dispute even after 90-180 days. Its not safe at all.

how long UMC will survive
what in there for UMC
how they they are supposed to make any profile at all ?

DaBomb wrote:

There are some complications in this whole setup. Tax liability, CC/account blockage risk (by flipkart) and of course scams. Credit card user can file dispute even after 90-180 days. Its not safe at all.

a few will suffer at hands of some greedy.

rogerthat wrote:

a few will suffer at hands of some greedy.

yup, few will suffer for sure and later cry. People don’t measure risk factor in front of instant profit.

arunrush680 wrote:

What if I want to cancel an order & get refund?

It should be done before 10 days and before marking on UMC as successful. Until then, the money will be held by UMC.
Actually card holder is in risk since the card buyer got the product but UMC still takes few hours/days before crediting back to CC holders account.

rogerthat wrote:

how long UMC will survive
what in there for UMC
how they they are supposed to make any profile at all ?

UMC will keep money for 10 days. They earn money on that interest and adding commission for withdrawal in future.

it looks like adda of resellers
there are multiple entries from single person

DaBomb wrote:

There are some complications in this whole setup. Tax liability, CC/account blockage risk (by flipkart) and of course scams. Credit card user can file dispute even after 90-180 days. Its not safe at all.

These are my observations:
1)Actually card holder is in risk since the card buyer got the product but UMC still takes few hours/days before crediting back to CC holders account.
2)CC account may not be blocked since the card will be used only one time for one time instant discount.
3)If the FK/mi/az account gets blocked and the refund is not initiated, there is a risk.
4)UMC is owned by a company , which owns many other products, but there is only one product that will bring down the whole company, if that happens.
5)The CC buyer may create issues with disputes. (He may claim, he has not received the product and raise a request in fk.(But UMC will check that account)
6)If the CC buyer receives faulty product and he identifies after 10 days, he can not ask for refund since the refund goes to CC.
7)If the CC buyer has some gift cards/wallet balance that can be misused by the CC holder without ordering the product using his card(See the query by one dimer).
8)More – after one week of observation.

PS: This DVA is going to be big success in near future (I mentioned this few weeks ago while replying to some post.)

what an idiotic idea…new haven for fraudster’s after olx

waterloo wrote:

what an idiotic idea…new haven for fraudster’s after olx

+1

waterloo wrote:

what an idiotic idea…new haven for fraudster’s after olx

Please give some example, how fraudster(card buyer) can cheat the card holder,so that dimers can escape from that fraud.

Also, which Application is more danger for dimers between CRED and UMC?

PS: I don’t use CRED, since it gets all card details. Never tried to check the eligibility also.
But I still feel , I should have used Cred to get some cashback, since many dimers are using it.

Gained 1% tip from UMC + expecting a 0.2% reward points + expecting one more 0.5% from Bank interest deposit + expecting 1% from Cred. Nice deal.

There seems to be one more company started similar app. I saw it in umc telegram group discussion. Any one know the name of the app?

ramadesidime wrote:

There seems to be one more company started similar app. I saw it in umc telegram group discussion. Any one know the name of the app?

Yaper it is, for referral pm me

hardikgala77908 wrote:

Yaper it is, for referral pm me

Ok. How is the yaper admin support while safeguarding the seller and buyer?

I dont think its genuine, in case of amazon it is showing 50k voucher available at 20K
How this is possible?

desiswag wrote:

I dont think its genuine, in case of amazon it is showing 50k voucher available at 20K
How this is possible?

Some are added by newbie testers for testing purpose.

IMO, In case of fraud, you are still saved from fraud.
1)Your money is in escrow account, until you clear it, it is safe.
2)You also need to see the seller ratings, if you dont want any type of hassle.

But their main business is not recharge or GVs. They have added them just few weeks ago on users request.