moneyboookers, does it work like paypal?

Discussion in 'PayPal' started by shamrock36, Mar 18, 2008.

  1. #1
    Hi,
    I have someone I want to do ocaasional business with,
    and I have PP, but he only accpets MB,
    I'm considering joining MB only for this purpose, do you think i should?
    are there any specal differences?
     
    shamrock36, Mar 18, 2008 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    Well, it is really not the same although in the end, they serve the one purpose of funds payment.

    Moneybookers is more virtual money because for the most parts for a customer to pay through Moneybookers, they have to fund their account first and there is cost directly or indirectly for them. Customers also needs to pay a fee to pay the seller. For the most parts, the sellers pays nothing unless they opt to accept credit cards payments which would hike the fees quite considerably. It makes it harder for the customers to pay and for non-members, it may turn them away.

    Paypal on the other hand, allows anyone who can use it to pay through a credit card, bank account or existing balance. They do not need to load their account for that and just use Paypal as a pass-through service. Customers typically do not pay any fees while the sellers pays the fees. In short, Paypal is easier to use for the customers.
     
    eddy2099, Mar 18, 2008 IP
  3. melaka

    melaka Peon

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    #3
    People loves moneybookers is because you can't reverse back charges.
    You can always create an acc. It's free too
     
    melaka, Mar 18, 2008 IP
  4. w3bmaster

    w3bmaster Notable Member

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    #4
    PP sux

    MB is good
     
    w3bmaster, Mar 18, 2008 IP
  5. M.IMRAN

    M.IMRAN Well-Known Member

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    #5
    Go for Moneybookers :) its recommended and safe to use.

    Paypal is expensive and Moneybookers is not expensive in terms of fees.
     
    M.IMRAN, Mar 18, 2008 IP
  6. Isaak

    Isaak Guest

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    #6
    Actually, MoneyBookers is much better than PayPal. Buyers do need to upload funds to their MB account first, this can be done either totally free via a bank transfer or for a fee using credit cards, this methods are like PayPals but the way MB works it's much safer for merchants and protects your business from fraudulent payments resultign in chargebacks, please note that MB cannot 100% protect you from credit card payment chargebacks but they do help you regain your money.

    PayPal only supports bank accounts in very few countries such as the USA and Germany unlike MB, plus MB bank transfers are free regardless of the amount you are uploading. You can also pay merchants directly via a bank transfer.

    With MB the customers have to pay the fees by default but I think you can change this.
     
    Isaak, Mar 18, 2008 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    MB is good payment processor but only problem is its not widely accepted by people around the world as paypal otherwise its rock.

    DON.
     
    deluxdon, Mar 18, 2008 IP
  8. gunners

    gunners Peon

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    #8
    Mb is better and is good for both sender and receiver as fees are low and they work really fine
     
    gunners, Mar 18, 2008 IP
  9. agnivo007

    agnivo007 Peon

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    #9
    Yes, MB is good with alertpay gaining popularity.
     
    agnivo007, Mar 18, 2008 IP
  10. shamrock36

    shamrock36 Active Member

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    #10
    how much would the fee be for me, as a buyer?

    and what do you mean that I have to upload the money first?
    I need to pay to moneybookers, and only then can use the balance to transfer it to the seller? in two phases?
     
    shamrock36, Mar 18, 2008 IP
  11. Isaak

    Isaak Guest

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    #11
    Why don't you check the website for more details? Fees are clearly mentioned there and about the transers: you can upload funds to your account but you're also able to make direct payments to merchants by using their "buy with MB" button(s), if you're just sending money to an individual you'll have to upload funds first.
     
    Isaak, Mar 18, 2008 IP
  12. hamadasalam

    hamadasalam Peon

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    #12
    ya only 4.2 million

    pp 150 million
     
    hamadasalam, Mar 19, 2008 IP
  13. sadiqsaad

    sadiqsaad Peon

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    #13
    Ok one thing that I am concerned about is I can receive funds only by me?
     
    sadiqsaad, Mar 20, 2008 IP
  14. cool_78

    cool_78 Guest

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    #14
    The thing I don't like about MB is that there are fees even if you only have a personal account.
     
    cool_78, Mar 20, 2008 IP
  15. eddy2099

    eddy2099 Peon

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    #15
    I really do not like the two step process of having to fund my account and then using the balance to pay. Sometimes all I need is just to make one payment and the process just kills the moment.
     
    eddy2099, Mar 20, 2008 IP
  16. 0lgi

    0lgi Notable Member

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    #16
    Personally I am a great fan of Moneybookers. Never had a single problem and I strongly recommend them!
     
    0lgi, Mar 20, 2008 IP
  17. eddy2099

    eddy2099 Peon

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    #17
    If I understand you correctly, you are asking if you can share the Moneybookers account ? If you opt for the personal account, you should be the exclusive user of the account but if you opted for the Business account, anyone you assigned from your company can use the account.
     
    eddy2099, Mar 20, 2008 IP