
Moneybookers is a leading e-commerce business that allows online payments and money transfers and electronic money issuer authorised under UK and EU law and regulated by the Financial Services Authority (FSA) in the UK. It serves as an electronic alternative to traditional paper methods such as cheques and money orders. Moneybookers performs payment processing for websites, online auction sites, and other corporate users.
Moneybookers requires identity verification before using their service to minimize fraud and prevent money laundering. Additional verification steps raise the maximum amount transferable to â‚?0,000 or equivalent within a 90-day period. Moneybookers does not usually get involved in merchandise disputes and the availability of credit card chargebacks may be limited.
You can use Moneybookers to:
Send money via email from your credit/debit card or bank account
Make online purchases
Collect money via email
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