Moneybookers casino payment method is a money transmitter that can be used by any email address holder to transfer money to/ from an online casino account.
Moneybookers was established in 1999 and moneybookers.com was created in 2001 and has since grown enormously so that in 2008, they have more than 4.2 million accounts. Moneybookers is used to transfer and receive funds online and can also be used to fund online casino accounts. It operates in more than thirty countries around the world and money can be transferred in twenty nine different currencies. It is available in multiple different languages for the customer's convenience. Moneybookers is no longer available to US players. Users transfer money via their email account from their credit card or bank account. Moneybookers is regulated by the Financial Services Authority (FSA) in the United Kingdom.
Signing up with Moneybookers is quick and simple. Once you have completed the online registration form and provided your email address, you will need to fund your account. You can fund your account using bank transfer, credit card, e-Gold, check or GiroPay.
You then only need your email address (which acts as your user name) and a password in order to make transactions to and from your online casino account. Visit the cashiers section of the casino, choose Moneybookers as your payment option and enter the amount that you wish to transfer. Moneybookers requires a minimum deposit of $50 and a maximum deposit of $10,000.
Moneybookers is a highly secure method of transferring funds. They require identity verification before you can use their service. This is to minimize fraud and money laundering issues. In order to make a money transfer, patrons need to only supply their email address. Their credit card details do not need to be given to every site that you make a transfer to or from and it is thus even more secure. All of your credit card details are kept secure and confidential with Moneybookers and they employ the same security measures as many financial institutions.
There is a small fee for loading money into your Moneybookers account. There is also a 1% (not more than €0.50) fee for transferring money using Moneybookers, however this fee is almost always covered by the online casino that you are using so it is essentially a free service for the user. The best online casinos will generally offer a casino bonus for making payments via Moneybookers. All-in-all, Moneybookers is a relatively cheap online payment method.
All transfers done with Moneybookers are processed in real time. This means that you can access your money immediately. You can make deposits and withdrawals to and from your credit card.
You can access customer support via toll free telephone or via email, from which they claim you can expect a personal response within two hours. According to reports from current customers, this however, is not the case and you may not receive a response to email inquiries.