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Moneybookers and PayPal in Comparison

October 22nd, 2009 | Posted in Business, Reviews, Self Improvement

I read on the webmaster forum that moneybookers is issuing master card prepaid card, so that users could easily withdraw the money and take the cash from any ATM around the world.

I have to confirm from moneybookers that it is true or not but the source of the news is very much of believe. This will be a revolutionary step with any payment processor, as this will make the process very easy for the general user.

On the other hand, as the moneybookers policy is to take verification documents for once only this also makes this payment processor more attractive. Also, with a recent addon on to the ebay marketplace the moneybookers has cross the major barrier and the success is just waiting for them.

I have been using moneybookers for a while now and I have to say the support staff is very-very cooperative and treat you as premium user every time a support question is asked and also they reply quickly.

When it comes to PayPal sure it is one of the oldest payment processor, trusted and most used. But there are lots of minus points with PayPal. I think majority of success that PayPal has had in all these years is because of ebay, and because of this PayPal has many signups.

But surely PayPal has to geared up the process if they have to serve their users better, they have to introduce some user-friendly policy and some friendly and non-disputed terms, which make them popular and users don’t switch.

Popularity: 4% [?]

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Make a Full Purchase While Paying

April 8th, 2009 | Posted in Ideas, Self Improvement

There are some basic laws that you have to follow while making a purchase – I have seen this on many occasions that people don’t take much interest while paying for intangible products – and these are the products that are much taken care off.

What’s the Scene
People pay directly via paypal – mostly – while making a purchase of any kind of intangible product – I am not concerned with any specific product – just all kinds of intangible products fall in this list.

They instantly transfer the funds to the seller account without thinking much of making a chargeback in future if they are not satisfied with the product (usually scammers take the advantage of this – but I am talking about the honest buyers here).

Or lets take a different scenario that you pay via paypal to any 2checkout user – now 2checkout needs to have the buyer’s address and phone number entered in the billing invoice in order to do the verification – if someone didn’t enter his correct details transaction fails and money returns to his paypal account.

Why Necessary
Why paypal and 2checkout always tell you to fill in your detail is because this becomes necessary if you want to file a dispute – as this gives buyer and sellers both fair chances to settle the dispute by referring to the concerned authorities.

If you don’t fill in your details then its make difficult to settle the dispute in your favor – whether you must be true.

Therefore, next time you do any kind of intangible transaction do give attention to filling in your correct address and phone information.

Popularity: 1% [?]

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