MoneyBookers is an online wallet payment solution with a first-class reputation. This already well-supported brand has continued to grow rapidly in popularity, especially among European purchasers. An account holder has the choice of funding his or her MoneyBookers either with a preferred credit card or by transferring cash directly into the card from a personal bank account. Typical of the electronic wallet facility, once the account has been funded, the cash becomes available immediately to use when making purchases from a growing range of online merchants and, more significantly, to fund an online casino account.
Client may consult a comprehensive list of all merchants that currently accept this e-wallet payment solution published on the MoneyBookers website. It is updated regularly.
It is also perfectly possible to use the MoneyBookers e-wallet in order to transfer cash to non-merchants including individuals like family members or friends. In such cases, the individual recipients are not even required to hold a MoneyBookers account. These transfers are initiated simply by supplying an email address for the proposed beneficiary. Thereafter, MoneyBookers will undertake to contact the said beneficiary and provide him or her with full details of how to collect the transferred funds. In the event that the proposed beneficiary does operate a MoneyBookers account, the transferred funds will be credited directly to their account with no delay. Regrettably, due to recent changes in that United States legislations regarding payment to online gambling establishments, MoneyBookers is no longer able to accept gambling-related transactions undertaken by residents of the US.
When funding a MoneyBookers account by means of a bank account or a cheque, the transaction will attract no charges. Likewise, all receipts of cash from other sources are also free of transaction fees. However, a fee is applied whenever funds are transferred online although this minima charge is certainly one of the lowest to be found for this type of online service.
The current growth in identity theft and internet fraud has meant that one greatest benefits to MoneyBookers account holders lies in the fact that that they will never be required to expose their credit card details to any merchant including online gambling venues. The card details and all other personal details of the account holder details remain totally secure and any payments they make are processed in real time.
Another competitive benefit of a MoneyBookers account lies in the fact that the company has equipped itself to process online transactions in an unusually wide range of currencies. These include the Euro, the British Pound, Bulgarian Levs, U.S. Dollars, Australian Dollars, Canadian Dollars, Czech, Slovakian and Estonian Korunas, Norwegian, Swedish and Danish Krone, Hong Kong Dollars, Hungarian Forint, Israeli Shekels, the Japanese Yen, Latvia's Lat, Malaysian Ringgit, New Taiwan Dollars, New Zealand Dollars, the Polish Zloty, Singapore Dollars, the Slovenian Tollar, the South-African Rand, the South-Korean Won, the Swiss Franc and Thailand's Baht.
In its aim to be a truly international, secure, payment solution, MoneyBookers has made all of the right moves to rival all competition and, in the process, has succeeding in attracting a huge client base.