Features
Moneybookers allows for sending and receiving payments to/from 200 countries and territories in 41 currencies, supporting major credit/debit cards and around 100 local payment options covering the majority of significant economies. Restrictions include countries on US and/or EU economic sanctions list. Since 2008, US-based customers could not receive money from non-US Moneybookers accounts, and non-US customers could not upload funds or send payments using US payment cards or bank accounts, although from May 2012 this restriction no longer seems to be in place.
Moneybookers accounts can be held in any of major currencies but once the first transaction is made it is not possible to change the account's currency; multiple currencies are not supported, either.
Individual customers can open an account with Moneybookers through registering their email address and certain personal data on the company's website. Completing an optional identity verification process allows sending/receiving higher-value payments. Accounts are identified by email address(es) associated with them; consequently, payments from a Moneybookers account (other than withdrawals to own bank account or a payment card) take shape of "sending" money to an email address. An email address once assigned to a Moneybookers account cannot be altered or removed, and there is a limit of four email addresses per account.
For businesses, Moneybookers offers a payment gateway, escrow payments as well as web SMS and fax sending services. Unlike some of its competitors, Skrill does not usually get involved in merchandise disputes, and the availability of credit card chargebacks may be limited.
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