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Cindys Leissa

You must have payment info on file to sell L$.

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18 minutes ago, Cindys Leissa said:

Hello,

First time I see this message if I want to sell lindens, Is it a new requirement?

It's been there from the start, how else would LL get the money to you if you have no payment info on file? o.O

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I don't know if it's new or not, since I have always had payment info on file.  But it sort of makes sense, when you think about it.

When you sell $L, the proceeds go into your $USD Balance.  From there, there are only three things you can do with it.

  1.  Process Credit, to transfer money back to Real Life.  This requires a PayPal or Skrill account.  In other words, a payment method.
  2.  Use it to pay LL for Premium membership dues or land tier.  These also require that you have a payment method on file.
  3.  Use it to buy $L again.  This is simply dumb, because you lose money in both directions when you convert the $L to $USD and then from $USD back to $L.

So, for anything you might want to sell $L for, you need a payment method on file anyway, except in the case where you're simply doing something foolish.

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For me it is absurd, it can be a long time since I sell my lindens until I collect the dollars from the sale of the lindens.  At the time of selling lindens we needn't have payment info on file.

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8 hours ago, Cindys Leissa said:

 At the time of selling lindens we needn't have payment info on file.

Apparently you do... 

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9 hours ago, Cindys Leissa said:

For me it is absurd

it would be more absurd to be able to participate in a money exchange anonymously.

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4 hours ago, Ethan Paslong said:

it would be more absurd to be able to participate in a money exchange anonymously.

That's not possible, process-credit requests must be sent to a PayPal or Skrill account that you control.

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1 minute ago, Cindys Leissa said:

That's not possible, process-credit requests must be sent to a PayPal or Skrill account that you control.

as soon you sell L$ you have a USD balance and that is real money, so you need RL info on that.

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I suggest you open up a support ticket and directly ask Linden Lab staff about this.

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22 minutes ago, Cindys Leissa said:

I will write here what they answer me.

That would be great for future reference should this question be asked by anyone else!

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Hello Cindys Leissa,

Thank you for contacting us regarding this matter. Regarding having a payment method to sell L$, that's in case if use want to use the funds from the sale, and if you run out of funds (L$) there's a back up.

If you were planning on doing a process credit, keep in mind you will need a PayPal account on file to do so.

If you need any further assistance or have any questions, please let us know!

With kind regards,

Jet Linden
Second Life Support
Linden Lab

???

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