Moneybookers/Skrill added at last !

[JanetB]

I was thinking about using it, but I'm put off by all the glitchy stuff.

[burgyeb]

I was thinking about using it, but I'm put off by all the glitchy stuff.

It is worth working through the "glitchy stuff", to save on fees in the end. Also nice to add on a popular payment method, to offer customers. It may be a bit more glitchy for USA sellers & buyers initially, because it is used more over seas. I figure it is fine to work on smoothing things out, as long as you have other payment options available for use.

[sidthelamp]

It is worth working through the "glitchy stuff", to save on fees in the end. Also nice to add on a popular payment method, to offer customers. It may be a bit more glitchy for USA sellers & buyers initially, because it is used more over seas. I figure it is fine to work on smoothing things out, as long as you have other payment options available for use.

ive not found it glitchy as such i would of liked to had a email telling me i had recived a payment although ebid confirmed full payment via the AAL it was a half green symbol till full payment was confirmed i have not upgraded to a business type account with them there are 3 verifing stages card,address and verifi your bank account ive done two waiting on the 3rd although i could transfer money to my own bank account, the money you can spend and recive goes up each time you complete a verification ive not compaired fees yet with PP im looking at this MB account as another internet tool.

[burgyeb]

ok so had a buyer test buy/pay via money bookers total sale price including shipping £14.20

took a few days to reach my MB account they charged £0.49 to recive payment and £1.49 to transfer to bank account.

they also charged the buyer £0.50.

If my math is correct; that is approximately 17.5% in total seller (14%) + buyer (3.5%) fees, if s/h is added to fee. Sure hope my math is wrong.

[JanetB]

ive not found it glitchy as such i would of liked to had a email telling me i had recived a payment although ebid confirmed full payment via the AAL it was a half green symbol till full payment was confirmed i have not upgraded to a business type account with them there are 3 verifing stages card,address and verifi your bank account ive done two waiting on the 3rd although i could transfer money to my own bank account, the money you can spend and recive goes up each time you complete a verification ive not compaired fees yet with PP im looking at this MB account as another internet tool.

FEES

[sidthelamp]

If my math is correct; that is approximately 17.5% in total seller (14%) + buyer (3.5%) fees, if s/h is added to fee. Sure hope my math is wrong.

i think thats about right

[burgyeb]

FEES

If your website URL is with a Skrill Partner, ie, Word Prs, the rate is less. First tier = 2.5% + $0.25 (better than Paypal)

The more critical question is "How can I get my money out of there for free?"

[sidthelamp]

Balance	Reference
703766958	20 Aug 12 18:45	Withdraw	Fee	-1.41	processed	0.50
703766956	20 Aug 12 18:45		Bank transfer	-13.00	processed	1.92
703672177	20 Aug 12 15:58	Receive Money	Fee	-0.49	processed	14.92
703672175	20 Aug 12 15:58		from [edited]	14.20	processed	15.42

slight correction 1.49 as i stated should read 1.41

[burgyeb]

I used Moneybookers as a buyer, before it was integrated into eBid. It worked out ok because the seller offerred a 3% discount on the sale price, if buyer used Moneybookers. That may have been a smart seller strategy; I did not fully understand at the time why the seller did that. But, it made for a happier buyer, and the seller had less to pay fees on.

Not sure if I would be able to justify such a selling strategy. If seller was getting his stuff as a pawn broker or via an estate purchase, etc., it would probably work out.

[cdunn142]

why would anyone want to use Moneybookers/Skrill they are a rip off and charge to withdraw your own money i think this is a bad idea and I for one will not use this service