Today I was ego-surfing to find some money transfering online systems and found iKobo. iKobo seems promising, anyone have any idea about it? Its functioning in India? Does it seems to be another fraud or a SHOULD WORK stuff? URL: http://www.ikobo.com
A quick search here resulted me 213 threads with iKobo in them.. Generally speaking they are not fraudulent but do have some inconveniences and hangups that may be unacceptable for some while others don't have any options and are forced to get used to them. Regards,
Ikobo is legit 100% but the problem is it is no "payment processor". It is written the service is only to send money to people you know in person. And as I heard you can only send money to 3 different people or so. regards
Ikobo is legit. I have used them before a couple of years back. But, as someone mentioned above, it is not for merchant services. It is good for payment transfer (sorta like a PayPal personal account) though. Another reason why I don't use it nowadays is that they only accept VISA or Mastercard payment. Not sure which is the one that they only accept. I will need to check their website to verify if that's the case now. Hope this helps. Richard