I haven't read any single negative thing about it. But PayPal... ouch. I like the fact that Moneybookers (MBK) isn't too US centric like PayPal. And it's so easy, you register on the site with your email and thats about 90% of the work. Uff, a lot of work indeed After that, if you want to send money you just need to do a bank transfer from your bank to their account. To our convenience, they have a bank account in every country they are available (and they're a lot), so Im portuguese, and my bank account is obviously in Portugal, so they have a MBK account in a portuguese bank. What do I do? I transfer the money (being in the same country there are no fees, or pratically no fees associated) from bank to bank and after a couple of days, the credit is there. Also, if you want to be verified, no crazy hassles about credit card verification. They just send you mail, physical mail. It's basically a letter with a code inside that you then need to insert on the site, to let them know the letter has reached its destination and that you and your address is real. This is excellent for people that don't have a credit card or simply don't want one, like me. I just have one problem with it, I think it's not allowed to exchange money from e-currencies, from MBK to others like PayPal. I've got some guy I'd like to give money to, but he only has PayPal, and Im not going to get a credit card just for that.
The only problem is they couldn't verify my credit card. That same one I pay my hosting bills with, and a couple of other subscriptions. Going to the bank everytime I want to send money and funds are depleted, waiting for the cash to transfer, and then being able to buy... not that good... Sheesh...
If you want to verify your credit card to be able to use it to upload funds to MBK, you should know that there is a fee associated with doing that with the credit card. But it's free if you do a bank transfer to upload funds.
I hate paypal. Is Moneybookers available in Bangladesh? Can I accept payment from credit card in my MBK account like paypal? Is it cheaper than paypal?
From what I gather in the site, there are 30 countries where local payment is avaliable (transfering funds through the bank), and Bangladesh is not included. So you'd have to upload funds through credit card.
MB !! Its better than paypal but not body pay you in MB ! everybody pay you in paypal ! this is true !
The only reason I don't like PayPal is because Romanian accounts are limited to send only, hope they give us full acces in a few months. Until then, spend with PayPal, earn with MoneyBookers.. I've been using MB for a year, never had a problem with them.
How about the charge back policies of MB. If someone complains that the items were not shipped to him, what happens next? Frozen account or funds refunded? Any experiences with MB for shipping out real items?