ikobo.com iKobo is described as “The Fastest Growing Money Transfer Company“. iKobo is a method of transferring money internationally. “iKobo enables you to send funds more conveniently, securely and faster than other money transfer methodsâ€. How dose iKobo work? 1. You start the money transfer using your debit / credit card. 2. iKobo sends the person receiving the money an i-Kard (Visa Electron Card) by airmail! 3. The person receiving the money goes to any Visa Plus ATM to withdraw the cash, or uses it to purchase from any Visa merchant worldwide. The i-Kard is re-usable. Once the person has an i-Kard, they can receive money from anyone, anywhere in the world - in less than 30 seconds. The recipient can receive money from any of over 800,000 ATMs in 170 countries. Click to Verify - This site has chosen a VeriSign SSL Certificate to improve Web site security The replacement of PayPal (especially for unsupported countries): iKobo is especially recommended for sending money to such countries as India and the Philippines, and is a way people can be in touch financially with their family. iKobo offers both Personal Accounts and Merchant Accounts, and it’s a great replacement of PayPal, especially for unsupported countries. Source: Anything About Moneyâ„¢ Blog
i use 2co as my paymeny processor ...they accept money from paypal/credit card/echeck from my buyer and send me to my debit card..i can withdraw that from any mastercard atm.its easy..also secured for honest sellers. what about ikobo..is it possible to use in any website?
HUGE CORRECTION: iKobo is in no way a replacement for PayPal. It is not a third party payment processing company like PayPal is. It's a money transfer service like Money Gram, Western Union or related services. That means, iKobo does not offer merchant services. It's not that kind of service/company. Please make sure you read the site. If you check their help section, you will see that no merchant programs are available: https://ikobo.custhelp.com/ Again, iKobo is a money transfer service not a third party payment processing company like PayPal and therefore cannot logically be used to replace PayPal (it's not a PayPal alternative) nor can PayPal and iKobo be even compared to one another. If anything, iKobo compares its service to Western Union.
CU Designs: You are right, ikobo should not be compared with paypal. But it seems ikobo did have merchant accounts, but then just terminated that kind of accounts check the details here: http://my2cents.gawaher.com/ikobo-terminated-all-merchant-accounts.html
Ikobo has been around for a while and I guess it is an alternative in places where paypal isnt available.
Used it a long time ago. Didn't have much problems. Withdrew from ATM a few times too using the card. Dunno how they are doing these days.