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Moneybookers – Paypal Alternative

Moneybookers is one of the largest online payments systems and is a paypal alternative. Like paypal you can send and receive money online easily and securely without giving out giving out your financial information like bank account or credit card details. Moneybookers was founded in 2001 in London and is regulated by the Financial Services Authority of the United Kingdom. Moneybookers has over six million account holders.

CLICK HERE TO SIGN UP MONEYBOOKERS

Unlike paypal where sending money is free, Moneybookers charge a fee for sending money. The sending fee is 1% of the amount and a maximum of 0.5 Euro. Receiving money in your Moneybookers account is free. Moneybookers support more numbers of currencies than paypal and supports Indian rupees.

You can fund your moneybookers account by using bank wire transfer or credit card. You must verify your credit card first before you can fund your account using credit card. You can withdraw money by check or to your credit card or bank account. You can withdraw money to your bank account in India. Like paypal an unverified account will have a lower transaction limit. You can increase your limit by verifying your address, credit card andbank account.

Moneybookers support local payment methods in over 30 countries. There are many companies which use moneybookers as the payment method. More than 30,000 merchants use Moneybookers’ payments service, including Skype, Tpad internet phone etc. You can also use moneybookers for forex trading.

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