hi does moneybookers.com allow to send and receive payments without having a credit card.does it work with only bank accounts or only with credit cards? option? thanks
You do not need a credit card to make use of moneybookers. You could just do the address validation to get verified so as to be able to use moneybookers. Unless you have the merchant services, you will not be able to accept direct credit card payments. What the moneybookers member must do is to fund their moneybookers account and then use the balance in their account to pay someone else. You can fund it through a wire transfer, credit card or via EFT bank transfer. Not all countries support the EFT transfer. The credit card is the easiest way of funding your moneybooker account. Wire transfer would require you to go to the bank to get them to send the money to moneybookers. It will take a couple of days for the funds to show up in your account.
SO THE MERCHANT OPTION IS ONLY FOR SENDING FUNDS UNLIKE RECEIVING MONEY.i will be using my account as withdrawal payments. btw how long moneybrookers take to withdrawal payments? withdrawal fees for pakistan isnt mention there so will be the same as indian 194 RS = 4.80 US$ PAKIS?
No, I think you misunderstood me. The basic Moneybookers account only allows you to send or receive payments from another person's moneybooker balance and you cannot receive credit card payments. In order to receive credit card payments, you will need to sign up for the Merchant Services. The basic moneybookers account allows email based money transfer and the buyer is the one who needs to pay the fees to load up money from his credit card and also needs to pay fees to send money, the one who receives payments pays no fees. The merchant services will allow credit card payment and the merchant will pay a fee for receiving payment and the sender pays no fees for sending money but just to fund his account. As Pakistan is not listed then the international fees would apply. 3.50 EUR by check and 1.80 EUR via Wire Transfer. How long it takes would depend on what payment method you use.
oh u pretty summ'ed it up man ok then i will try to propose client for basic mechant service and pay extra money to get payments here. i dont hold a credit card and wire transfer from bank is no option for me. btw if baisc doesnt work then will go for western union for withdraw payments :=) thnxxxxxxx