MoneyBookers Payment Gateway

Moneybookers is an payment gateway system that allows payments and transfers to be made through the . As usual, it provides an electronic alternative to traditional paper methods such as and . Using Moneybookers you can perform payment processing for websites, online sites, and other users.

Like most competing online fund transfer services (e.g. ), Moneybookers requires identity verification before using their service to minimize fraud and prevent money laundering. When you have completed the extra verification steps, they will raise the maximum amount transferable to 20,000 or equivalent for each 90-day period. Moneybookers does not usually get involved in merchandise disputes and the availability of credit card chargebacks may be limited.

With Moneybookers , your customers can send, receive and hold funds in 29 currencies worldwide.  Moneybookers also offer local payments in more than 30 countries.

What is moneybookers ?

moneybookers is a “money transmitting service” that allows any business or consumer to send and receive payments both securely and cost-effectively. Using moneybookers is like using a bank account with a debit card, but without the card. Because no credit card is involved, or any credit system, no-one needs to trust you - demand proof of credit-worthiness - nor can a bank draw you into (credit card) debt.

The moneybookers system can be regarded as analogous to e-gold, but your balance is held as cash rather than as gold. However, for short-term transactions this may well not be a relevant consideration.