Author Topic: Moneybookers vs. Paypal (Read 5355 times)

common · « **on:** April 15, 2008, 06:45 »

Hi,

I noticed in my last payout that paypal was taking a lot of the fees through bad currency rates and fees. I estimate that i lose about 10-15% of my income to paypal, which isn't ideal.

Has anyone had a better experience with moneybookers? Is moneybookers compatible with paypal?

sharpshot · « **Reply #1 on:** April 15, 2008, 08:43 »

I find moneybookers is much better than paypal. Withdraw the same amount to each site and you will see the difference.

epixx · « **Reply #2 on:** April 15, 2008, 10:27 »

I'm very happy with Moneybookers. They behave like a bank, and operate under strict British banking regulations, while PayPal is just floating around on the internet, making their own rules.

Be aware that Moneybookers operate in Euro, which probably means that a Euro account makes most sense.

Peter · « **Reply #3 on:** April 15, 2008, 10:49 »

paypal does not allow money withdraw in Bosnia. so MB is my only choice. and I am satisfyed with it.

madelaide · « **Reply #4 on:** April 15, 2008, 17:26 »

Until recently, I wasn't able to get money from PP in Brazil, now when can have it send to the credit card. MB doesn't pay in Brazil either, but I have a bank account in UK where I can get paid (PP does not pay me in UK, I would need an account in the USA).

In fact both could pay in cheques in Brazil, I think, but bank fees are tremendous - a guy I know get his payments by sending funds from PP to a Brazilian company with offices in the USA, and they pay him in Brazil charging a 7% fee. I don't like this scheme because it looks like money laundry to me.

Regards,
Adelaide