Ribbon (similar to Venmo)
#33
Join Date: Feb 2014
Posts: 274
I was able to connect a VGC to my Ribbon account without an issue, but I think I need to send money to somebody rather than just cashing it out.
#34
Join Date: Mar 2009
Posts: 41
Cash out via credit card
I just got my Ribbon account but I see that you can cash out via a bank account OR a credit card. Has anyone chosen the credit card option? In other words, place the funds BACK into the credit card account used to purchase gift cards?
Also, why would you need another Ribbon account? Is it more advantageous to SEND money between two verified accounts as compared to using the http link to your account and sending money to yourself using a gift card?
Thanks
Also, why would you need another Ribbon account? Is it more advantageous to SEND money between two verified accounts as compared to using the http link to your account and sending money to yourself using a gift card?
Thanks
#35
Join Date: Feb 2014
Posts: 274
I just got my Ribbon account but I see that you can cash out via a bank account OR a credit card. Has anyone chosen the credit card option? In other words, place the funds BACK into the credit card account used to purchase gift cards?
Also, why would you need another Ribbon account? Is it more advantageous to SEND money between two verified accounts as compared to using the http link to your account and sending money to yourself using a gift card?
Thanks
Also, why would you need another Ribbon account? Is it more advantageous to SEND money between two verified accounts as compared to using the http link to your account and sending money to yourself using a gift card?
Thanks
Last edited by MarcusBWI; Apr 8, 2014 at 1:20 pm
#37
Join Date: Nov 2008
Location: SAN
Programs: DL PM
Posts: 428
Just got my registration invite from Ribbon today. I think my tactic will be to use it to liquidate GCs but set up with one of my AP partners to do an A->B->A. Verification was pretty easy and didn't even require full SSN.
#39
Join Date: Feb 2012
Posts: 396
Verification hung for me when generating identity questions, presumably from public records. I also wasnt able to connect any GCs.
#44
Join Date: Feb 2014
Location: SQSP
Programs: 1&2
Posts: 167
Did they originally give you the money and then take it away or was the transaction pending for a month?