Moneybookers is a online payment system that is secure yet has very low
cost for fees. Receiving any money is free. Sending money and receiving
money is via email. Similar to Paypal.
Furthermore, it is regulated by the Financial Services Authority (FSA)
of the United Kingdom for total security. The biggest cost saving point
is the cost. Uploading of funds are virtually free. Withdrawing funds
has a MAXIMUM of 1.80 EUR.
Withdraw money via bank transfer: 1.80 flat fee
Withdraw money via cheque: 3.50 flat fee
Withdraw money via credit/debit card (Visa only): 1.80 flat fee And
transferring or paying someone, has a MAXIMUM of 50 cents EURO. NOTE:
Maximum. That means that is the most you will ever pay. Therefore even
higher valued transactions, you'll be saving more money as gepared to
other payments.
For example if using Paypal, or most other online credit card systems,
you have to pay a percentage. Say $50 and 2% of that is $1. That is
already more than Moneybookers MAXIMUM.
The "hidden" cost in Paypal is great. Withdrawing there is a big fee
and currency conversion rates. Plus the discount rate (percentage) or
tax rate of at least 2% and a minimum fee. This is the same as other
online payment such as 2co (2checkout), Paysystems, Worldpay. They
charge alot more and all these could be saved using Moneybookers.
You do not have to be a finance manager to figure out the savings in
the long run. If you're a top seller in okay or operate some online
business, this is the way to go.
If you find this suggestion and guide helpful in your planning, do vote for me. Thanks for your time reading.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment