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'''Skrill''', formerly MoneyBookers, is an e-commerce business allowing payments and money transfers to be made through the Internet.


'''Moneybookers''' is an e-commerce business allowing payments and money transfers to be made through the Internet. Moneybookers performs payment processing for websites, online auction sites, and other corporate users. Like many competing online fund transfer services (e.g., PayPal), Moneybookers requires identity verification before using their service to minimize fraud and prevent money laundering. Additional verification steps raise the maximum amount transferable to €50,000 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.
Moneybookers performs payment processing for websites, online auction sites, and other corporate users. Like many competing online fund transfer services (e.g., [[PayPal]]), Moneybookers requires identity verification before using their service to minimize fraud and prevent money laundering.  


==Relation to Bitcoins==
Additional verification steps raise the maximum amount transferable to €50,000 or equivalent within a 90-day period.
You can purchase Bitcoins on some exchange sites with Moneybookers. The service made it easier to transfer real money into exchange sites, and widthdraw money into your bank accounts. You can register for a MoneyBookers account and then transfer money in and out of it swiftly. Moneybookers has become one of the wider used Bitcoin payment methods, and has beaten Paypal to the function of buying Bitcoins through bank accounts.
 
Moneybookers does not usually get involved in merchandise disputes and the availability of credit card chargebacks may be limited.
 
==Bitcoin Exchanges==
 
A few Bitcoin [[currency exchange]] accept Moneybookers as payment for the purchase of bitcoins and some of the same exchange and others provide a method to cash out bitcoins with payment through Moneybooks.
 
These exchanges include:
 
* [[VirWoX]]
* [[WM-Center]]
* [[Bitcoin-otc]] marketplace
* [https://localbitcoins.com/buy-bitcoins-online/moneybookers-skrill/ LocalBitcoins.com buy bitcoins using moneybookers] [https://localbitcoins.com/sell-bitcoins-online/moneybookers-skrill/ sell]
 
==Criticism==
 
Moneybookers Terms of Use agreements states "The Company at its sole discretion, reserves the right to close an account of any Customer at any time for any or no reason"<ref>[http://www.moneybookers.com/app/help.pl?s=terms MONEYBOOKERS ACCOUNT TERMS OF USE]</ref>.  There have been reports of those trading bitcoins for Moneybookers finding their accounts terminated.


==Clarification==
Moneybookers is '''not''' a Bitcoin exchange site, nor does it transfer bitcoins for you. Moneybookers allows payments and real-world money transfers to be made over the internet, securely. Users use Moneybookers to transfer money to Bitcoin exchange sites in order to fund their purchase of Bitcoins.
==See Also==
==See Also==


* [[Buying bitcoins]]
* [[Buying bitcoins]]
* [[Selling bitcoins]]
* [[Payment methods]]
* [[Payment methods]]


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* [http://www.moneybookers.com Moneybookers.com]
* [http://www.moneybookers.com Moneybookers.com]
* [https://plusbitcoin.net/buy-bitcoins-with-skrill/ Buy Bitcoins With Skrill]
==References==
<references />


[[Category:Money transmitters]]
[[Category:Money transmitters]]

Latest revision as of 13:50, 9 December 2015

Skrill, formerly MoneyBookers, is an e-commerce business allowing payments and money transfers to be made through the Internet.

Moneybookers performs payment processing for websites, online auction sites, and other corporate users. Like many competing online fund transfer services (e.g., PayPal), Moneybookers requires identity verification before using their service to minimize fraud and prevent money laundering.

Additional verification steps raise the maximum amount transferable to €50,000 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.

Bitcoin Exchanges

A few Bitcoin currency exchange accept Moneybookers as payment for the purchase of bitcoins and some of the same exchange and others provide a method to cash out bitcoins with payment through Moneybooks.

These exchanges include:

Criticism

Moneybookers Terms of Use agreements states "The Company at its sole discretion, reserves the right to close an account of any Customer at any time for any or no reason"[1]. There have been reports of those trading bitcoins for Moneybookers finding their accounts terminated.

See Also

External Links

References