Moneybookers - being for paypal

Posted by editor

August 21, 2007

Moneybookers is an online payment tool a UK-based service similar with PayPal (and a payment gateway for merchants) with a lot of customers and which was best described as “being for Paypal what Linux is for Windows“. It is very simple to use, has decent API and has a lot of corresponding banks in over 30 countries, making the transactions cheaper and faster.

Give it a try, it’s for free!

Moneybookers can provide automated payment processing for both deposits and pay-outs. For your information, the key benefits of accepting Moneybookers to your business are:
- Low Fees -> only 3.5% to receive funds
- No chargeback risk
- Exposure to our 2,000,000+ user base
- No set-up fee or monthly charge
- Local payment options in over 30 countries

The standard product is: Automated Payments Interface (API) Usually customers send money via Moneybookers by logging into their account at www.moneybookers.com and then using the “”Send Money”” option. However, merchants can atomize these kind of payments using Moneybookers’ gateway. Easy-to-use gateway interface enabling businesses and individuals to sell goods and services over the Internet safely and securely. Allows real-time communication between the merchant‘s system and Moneybookers‘ transaction servers. The customer makes the payment on Moneybookers’ secure web servers. He is automatically redirected back to the merchant’s web site once the payment is complete.

Full Integration - requires 1-2 IT man-days.
The Merchant Gateway can be fully integrated with your website in a few easy steps taking minutes to integrate with only a basic knowledge of HTML required. The Merchant Gateway is an industry standard SECURE (128 bit SSL) web page and does not require the use of CGI or ASP scripting on your web site.

Fees
All Merchant Gateway payments are free of charge for your customers, moneybookers levies a merchant fee of 3.5% on all transactions.

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