MoneyBookers

MoneyBookers to introduce Sender Fees in March 2010

In a notification by email, wishing all merchants a Happy New Year, UK-based P2P online money transfer service MoneyBookers have announced they will soon be collecting fees from both the sender and the receiver.
In the short two paragraph footer to the Merchant Notification email, which revealed that over 60,000 merchants have integrated the MoneyBookers eWallet [...]



MoneyBookers bidding heavy for auctions business

MoneyBookers, who recently became one of eBay.com’s approved payment providers, and has long been a favourite on third tier auction sites, is making a move for additional mainstream venues to adopt them.
To achieve this, they are leveraging the advantage of their large user base by providing branded payment buttons for use in auction descriptions and [...]



MoneyBookers pays your domain name at EKM

MoneyBookers have released an offer to pay the cost of your domain name if you are one of their merchants and open an online store through ekmPowershop.
The offer details give no end-date, specifying only that existing MoneyBookers merchants can take up the offer of a free domain name (the offer email states this is worth [...]



Best eBay News in a Long Time – MoneyBookers Integration

It’s been a long time in coming, but those of us who have been MoneyBookers users for many years are about to get our wish come true – MoneyBookers is to be integrated into the eBay North America checkout system, and hopefully globally.
Dinesh Lathi, Vice President of Seller Experience for eBay has formally announced the [...]



Online Payment Processors Security – a litmus test

Have you ever considered how safe your Online Payments account is?
I’m not talking about the vagaries of Buyer and Seller “Protection” policies issued by the payment companies, but rather about the simplest and most basic requirement – keeping out unauthorised users.
It’s something that’s been on my mind a fair bit this year, particularly with the [...]



Paperless Payments only on USA from Today

October 20th is the start date of eBay’s Paperless Payments policy for the USA site.
If you missed the original announcements, you can find them in our eBay Payments & Shipping forum, where you can also catch up on what’s been discussed by BuildaSkill members.
In summary, from today, only PayPal, ProPay, and Merchant Service credit card [...]



PayPal Canada catches up, but affects Seller Protection

Darrell MacMullin, the country manager for PayPal in Canada, has announced the introduction of a trio of services that bring the Canadian subsidiary in line with the major sites in the UK, US, and Germany.
One of the new tools now available on Canada is PayPal Website Payments Pro, and with it comes PayPal Express Checkout, [...]



North America – Core Changes for Autumn & Winter 2008

The late summer change announcements for the North American eBay sites are radically different to those with major effects in Europe.

The NAFTA-zone sites are keeping traditional eBay Stores and SIF format, but adding new listing durations and fee structures for the existing Fixed Price/BIN format in core.

Specifically this means that they will retain the ultra-cheap, but restricted visibility, store listing option, and sellers using it will still need listings in Auction and BIN format to drive buyers to their shop inventory. The BIN format listings also get a single unified insertion fee, which remains the same regardless of unit price or quantity in the listing, and also get several eBay-authorised methods to manipulate Best Match search ranking for their listings. The primary kick-in-the-nuts for sellers comes with the new “electronic payments” only policy, that has potential to slide-in a PayPal-only North America via the back door.



Moneybookers hires experienced CFO as revenues surge

MoneyBookers, one of Europe’s largest and fastest growing online payment systems companies, they have announced the appointment of Paul Goodridge as Chief Financial Officer. Previously at CSR Plc, he oversaw both its flotation on the London Stock Exchange at a valuation of £200m and its subsequent promotion into the FTSE 250. Under his stewardship, CSR grew from a loss making 70 person company with $5m revenue to a 1,200 person business with $850m revenue and a 20% EBIT margin.



BEWARE – Phishing emails now targeting MoneyBookers

Worryingly, forwarding the phishing mails to spoof@moneybookers.com resulted in a bounced email with an http 5.x.x error advising they don’t accept direct emails and all communication must be through the contact page inside the site. This represents a cavalier attitude to fraud prevention and prosecution in my estimation.



eBay UK Checkout Improvements – are they legal?

eBay UK announced yesterday that they will be “launching a new streamlined Checkout flow, which is designed to simplify and improve the buying process.”
That’s great news – anything that improves the buyer experience and results in less mistakes (by the buyer) during checkout in regard to selecting the correct shipping, insurance and so on, will [...]



MoneyBookers & AfterBuy empower eBay PowerSellers



To pay or not to pay? Fees – that is the question.

 osCommerce is a popular Open Source ecommerce catalog and shopping cart system.  It has almost 200,000 registered users in its support forums, and a healthy community of developers providing extensions and modifications for it.  At least a quarter of a million online stores have implemented it, and the number grows everyday.
In the osCommerce support forums, [...]