by Manohar Khatri

Created on: May 25, 2008

Well, Accepting payment and sending payment is itself a little bit risk but people don't think about this. Don't think that e-currency is not a currency, it is just a virtual money. When you think it as virtual money then you are sure to be scammed one day.

As this article is dedicated to those people who accepts payment so let's better move to the topic.

It's easy for those people who do online business from first world country as they are supported by each and every payment transactor but what about the third world country where people want to start a online business but is not supported by major merchant websites.

In this condition most people accept the credit/debit card but customers don't want to use those cards for reducing the risk and want to pay through paypal, e-gold, authorize.net etc. And business gets down due to less orders.

I have seen many people experiencing this and also got that many people verify their account through VCC (Virtual Credit Card) and so on. VCC is not illegal way to send money but when you verify paypal account, eBay and adwords account through VCC then that is illegal way. And can lock your account anytime.

So, for this condition I found that moneybookers.com is the best way to get out of this problem. It's now my best payment option too. As it protect sellers from chargeback which is my personal best factor in this website as I have got many times chargeback and I was scammed by the buyer.

Similarly, it is best as its sends money at free of cost and while receiving also, very low fees is cut than any other payment option. So, we can deduct our service or product charge. And never to forget thing is that it send payment to all banks all over the country who have SWIFT code and it's commission charge for sending payment is only 1.5 EURO which can said nothing in front of other payment option. And time frame , yes, it's only 2- 5 days whereas I am getting my payment on every 3rd day of withdraw.

And other options like other payment website have can also be found here like merchant account, easy integration with website, payment through credit/debit card without exposing the information. These all can be found in the website.

So, this has become my current best choice to accept online payment and send payment. So, I will always recommend this option to everyone who wants to accept new payment system for their online business.

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