MoneyBookers

Overview
Moneybookers is an online payment system which allows businesses and consumers to send and receive money in a secure and convenient manner simply by using an email address. All transactions are done in real time and are extremely cost effective.

Moneybookers is a wholly owned subsidiary of Gatcombe Park Ventures Limited and is headquartered in London. The company was established in June 2001 and has approximately 1.6 million active account holders to date. Moneybookers operates around the world, and allows customers to send, receive and hold funds in 29 currencies.

In the world of online transactions, the need for secure and instant payments is paramount to any business. Moneybookers facilitates these forms of payments and allows businesses and individuals to send money via email from their credit card, debit card or bank account, make online purchases and collect money via email.

MoneyBookers is available internationally, except in the U.S.

Individuals or businesses can instantly send and receive monetary funds via the following: 

Credit card or bank account - Players can deposit into the MoneyBookers account, which takes from 0-3 days.

Online Transfers and Purchases - After deposits have cleared, purchases and transfers are available in real time.

Receive Funds - A user's MoneyBooker account is permitted to receive funds

Users with valid mobile phone numbers can authorize payments via email accounts as well.

Depending of the type of deposit or withdrawal method in the MoneyBookers account, fees vary. Registration, requesting money, receiving money, and banking account deposits are free.  Credit card deposits are charged 3%, while sending funds is billed %1 of the amount.  Withdrawing money to a banking account and receiving checks via mail are billed small fees.

MoneyBookers also has an escrow service that facilitates online auctions.