Moneybookers vs PayPal | Bloggers Lair | Yakezie Forums

I am currently using Paypal for blog revenues.  I am looking into switching over to Moneybookers and was wondering if anyone had an opinion on Moneybookers?

Since I never heard of moneybookers (other than some people asking for more info lol) I am going to assume they aren't that big so the question comes down to whether advertisers will have accounts to pay you? If not you can't really unilaterally make the change over

What's the appeal for switching over to moneybookers? or at least using it in tandem…

Are the fees really that much lower? My concern is not only the confusion of multiple payment methods to adverts, but also that they need an account themselves…having revenue coming into multiple areas makes it more difficult to track…and if one of these smaller companies goes out of business you could lose out on the funds in the account…I know it's happened to others before with other paypal immitators.

I would likely focus more effort on getting adverts to pay via e-check in paypal…

This topic may be a US versus other countries thing in terms of on-line payment processing, so this comment is from a US perspective only.

Recently, I took a look at MoneyBookers for payment processing. In the US, people are accustomed to PayPal and confident in the system. PayPal fees are 2.9% +$.30/transaction, which is no bargain, unless you investigate the hassle of trying to process your own credit card payments.

As I was looking at MoneyBookers, I found that they are in the process of rebranding themselves as "Skrill". Skrill apparently is a slang term for money. Personally, Skrill sounds awful as a word, and it is not a widely used term in the US. Whether they will suceed with this rebranding is to be seen, but I would not have chosen that name for a payment processing system that needs to inspire confidence and needs to have appeal that cuts across demographic segments. Management's choice of Skrill for branding undermined my confidence in MoneyBookers, and I stopped looking at them as a payment processing alternative.