Moneybookers and Paypal

Discussion in 'PayPal' started by zac439, Apr 17, 2007.

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  1. #1
    Why do people offer to exchange moneybookers and paypal cash, but end up paying more money to get a lesser amount in moneybookers? Is it hard to upload money into moneybookers, or is it restricted by certain limits?

    I'm confused. I saw a few threads where people will exchange paypal for moneybookers, and end up making a fair profit. Thoughts?
     
    zac439, Apr 17, 2007 IP
  2. uttoransen

    uttoransen Prominent Member

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    #2
    money bookers provide the bank deposits, in some of the countries, and paypal provides just check in a few country. so people do this kind of exchanges!!:)
     
    uttoransen, Apr 17, 2007 IP
  3. zac439

    zac439 Notable Member

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    #3
    So people who have a paypal account in a country where they aren't supposed to pay people to transfer it? I'm still confused, heh.
     
    zac439, Apr 17, 2007 IP
  4. simonli

    simonli Peon

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    #4
    what is your country?
    if you are in the country which is can't withdraw the pp/mb to bank .
    will you find someone exchange will you?

    I think you will find someone exchange will you :D
     
    simonli, Apr 17, 2007 IP
  5. Bondat

    Bondat Peon

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    #5
    To give you more idea look at the illustration here
     
    Bondat, Apr 17, 2007 IP
  6. zac439

    zac439 Notable Member

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    #6
    I have grasped the concept that paypal is not available worldwide. What I am wanting know is why there is a market for such exchanges.

    Do people who do not have paypal in their country have illegal paypal accounts? How else would the exchange work?
     
    zac439, Apr 17, 2007 IP
  7. Bondat

    Bondat Peon

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    #7
    Some have illegal paypal accounts. But some they cannot withdraw their money if they don't have US bank account or if you read the illustration I have provided you can understand why they want to exchange their money to other currencies. They usually exchange it to Moneybookers and Egold because its the only way they can receive their money on their country. :)
     
    Bondat, Apr 17, 2007 IP