My Wallet not in My Pocket
Moneybookers, an online payment system in Europe, says it has 5 million
customers who are using virtual wallets or e-wallets. The company also
offers a payment network and combines a limitless money transfer service
with local payment options in more than 40 countries for online shopping
and transactions. It promises protection to customers’ personal data for
money transactions.
Using a
Moneybookers e-wallet, money can be transferred at a low cost to anyone in
the world in real-time. Even if the designated recipient does not own a
Moneybookers account, the transfer can still be carried through to anyone
with an email address. In this case, the recipient is notified of the
deposit and given instructions for setting up a free account and claiming
the payment.
"Our
simple and cost-effective payment solution allows every online merchant to
offer its goods or services to anyone all over the world by accepting an
unrivalled choice of domestic payment options and currencies - making
e-commerce as borderless as the Internet," comments Martin Ott, Co-CEO of
Moneybookers. "At the same time, online shoppers can use the free
Moneybookers account to pay online quickly and safely, without having to
give out their personal banking details.”
The
company claims that it offers low fees and a transparent fee structure.
Getting registered, managing your account, and receiving money are totally
free of charge. For money transactions between two account holders, the
sender pays only 1% of the transferred amount or just 40 pence - whichever
rate is cheaper. It also promises secure payment solutions ensuring that
the customers' personal data is protected while sending and receiving
money.
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