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eBay.com Integrates Moneybookers As Accepted Payment Provider

Tags » ECommerce Payments, Moneybookers  » Comments (2)

Moneybookers USA has announced its integration on eBay.com as an official payment provider starting in February.

The Moneybookers payment platform offers a wide range of local and international payment options worldwide, with both merchants and customers benefiting from its ultra-secure payments system and high conversion rates. The system protects auction buyers' personal data from identity theft and fraud, whilst enabling sellers to offer their customers one of the easiest ways to pay online.

The Moneybookers partnership is part of eBay's efforts towards making its own online checkout process a more consistent and secure experience, providing a better choice to its sellers and buyers. A system like Moneybookers directly integrated on eBay.com will allow for a more efficient and reliable service, increasing the safety of both buyers and sellers in every single transaction as well as ensuring the best possible conversion rates during the checkout process.

Items totalling almost $60 billion in value were traded on eBay globally in 2007 and the auction site currently has over 86 million active users worldwide. Moneybookers will be available for all eBay.com users in February.

Markus Kroeger, Managing Director, Moneybookers USA, Inc., said: "We are delighted that our platform has been chosen by eBay as an approved and directly integrated accepted payment provider. Moneybookers will offer all eBay sellers and buyers more choice, higher security and a high performance checkout process. Our system keeps data safe and makes sure that sellers receive their money in the quickest and most convenient way. This is a significant step in the continued success of Moneybookers. eBay is the biggest and most successful online marketplace in the world. Our new partnership with them positions us for sustained rapid growth, following on from a highly successful 2008."

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I find this really humorous since Moneybookers is closed to the US. They dropped all US businesses a while back when some anti-gaming laws went into affect. Ebay must have forgot to do their homework on this one...

Speaking of doing homework.....Actually MoneyBookers is NOT closed to all US transactions (I'm in the US and actively use their service). To reduce fraud, scamming, and money-laundering, they limited the use of their service to operations through vendors (such as Delcampe, Ebay, etc.) and eliminated only direct personal transfers. In fact MoneyBookers has an office in the US that handles US operations/transfers/payments (I just received a check from them yesterday).

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