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Moneybookers

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I have been using Moneybookers for some time now, simply because I know that most of the online poker rooms or casino sites support this payment platform. There are in fact over 12 000 online merchants offering this transactional tool. As such, I do not need to concern myself with how best to fund my player account once I have downloaded the software. It doesn't take much time or effort to get started with a Moneybookers account. One simply needs to visit their website, click on the "Getting Started" button, and fill out the e-form. You can choose from an array of language and currency options, although you should take care to consider costly foreign exchange costs. You will be required to submit your e-mail address which will be used as your log-in name, and to create a password that will be used to authorize transactions from your Moneybookers account.

Once registration is complete, you can fund your Moneybookers account using your debit card, credit card or via money transfer. Debit and credit card deposits incur transactional fees of 1%, which is minimal when compared with other pre-paid solutions, whilst money transfers are free. It usually takes 2 to 4 days for the account to reflect the deposited funds, but money transfer deposits could take even longer. I usually make a sizeable deposit at the beginning of the month as opposed to smaller deposits at random intervals, so that I do not become frustrated with the time my deposits take to reflect in my Moneybookers account. Another option for overcoming this, is to utilize their recurring payment facility.

Besides the start-up funding delays, Moneybookers is truly a convenient and secure way to conduct transactions over the internet. I have found all deposits at online casinos and poker rooms to be immediate and unproblematic. Security is not a concern, because the Moneybookers account requires log-in and password information that you alone are privy to. Unlike credit card transactions, you won't need to provide the casino or poker room with your private banking details, and as such, there is no risk of unauthorized transactions off your account. The only concern I feel I need to raise, is that Moneybookers withdrawals can take anything from 3 to 7 days, and often go through tedious verification processes. I get quite frustrated at the delays, but at least I know that no one else is going to be withdrawing my money!


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