Moneybookers - the low cost money transfer option

moneybookers how to guide



Moneybookers Ltd. is one of Europe’s largest online payment systems and money transfer providers. With more than 8
million account holders (as of June’09) and customer support in 12 languages,
Moneybookers is also one of the largest eWallets worldwide.

 

Moneybookers
Ltd. was founded in 2001.  In March 2007,
the company was acquired by the Bahrain private equity company Investcorp
Technology Partners. In May 2007, Dr. Thomas Middelhoff, former CEO of Bertelsmann
AG and Arcandor AG, was appointed as Chairman of the Board.

 

Today,
Moneybookers core businesses include payment processing for websites,
affiliates, online auction sites and other corporate users as well as to
send
money
and receive
money
worldwide
simply by using an email address. In addition, Moneybookers also offers escrow
payments (for online trading) as well as online SMS and fax sending services.

 

Customers
benefit from Moneybookers highly secure and cost-effective transaction system
that processes money in real time. Moneybookers has an easy sign up process
that allows customers to open their own free eWallet in less than 2 minutes.
The eWallet enables every consumer to send money and receive money worldwide as
well as to securely shop online without revealing personal financial data.
Especially in times of increasing online fraud, Moneybookers secure eWallet has
proven to be the tool of choice to protect consumers from identity theft and
unwanted disclosure of financial details.

 

Moneybookers
payment solutions offers online merchants a substantial increase in customer
conversion and acquisition rate, by providing an extensive range of local
payment options and addressing customers’ security concerns. Especially online
merchants who want to operate on a global scale profit from Moneybookers
services allowing them to accept payments from markets with a lower credit card
penetration. Additionally Moneybookers offers a full chargeback protection and
operates sophisticated risk management systems that minimize online fraud.
Already more than 35,000 merchants use Moneybookers'
gateway product, among them global ecommerce brands such as eBay.com, Skype and
Thomas Cook.

 

Moneybookers
is registered as a Money Service Business with HM Revenue and Customs in the
United Kingdom, and is licensed to operate within the EU. Moneybookers is
regulated by the Financial Services Authority (FSA) of the United Kingdom.

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