Skrill

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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