Paypal alternative for sending and receiving money online
Paypal is a great payment processors, it is accepted world wide without a doubt. Though it has some limitations, like the identification. Paypal don’t offer address verification option. For verifying a paypal account you need a credit card. Most people don’t have a credit card, so they can’t verify there account. Then some of them try to cheat the system by vcc, which is not exactly allowed. There are many other problems with paypal. Paypal service is not available to all the countries of the world. Also in most countries paypal don’t offer bank transfer, then the only option to receive the money is by check. Check takes a long time to come and sometimes it gets lost as well.
Though paypal is highly recommended, and in case you don’t have a paypal account, click here to get one for free.
Now lets come to the alternative of paypal. Most of you already know this, yes am talking about money bookers. Money bookers is free to join, if you don’t have a money bookers account yet, get one for free now. Money bookers is available to a lot of countries so it has a great edge over paypal. Money bookers also provides bank transfer, for this, you will have to know the swift code of your bank, which your bank officials will tell you. Just enter the swift code and money bookers will transfer the funds to your account. This is one of the easiest ways to get your money to reach you.
The biggest advantage of money bookers is, you don’t need a credit card, you start with a withdraw limit of $1500 for a 3 months duration. This is not too big, but then a free address verification can lift your limit to $5000 for a 3 months period. This limit is enough, and can work good for small online business men. Though there is further scope of increment, if you give your credit card, but then for me this amount is enough. For address verification a letter from money bookers is issued, in the letter you get a secret code, once that code is entered, the address is verified. It took me about 25 days, for the letter to reach me, and about a second to enter it and get verified.
