Anyone use MoneyBookers/How to coordinate the sale of a site?

[Ronald Regging]

This is really a two part question. First of all, I'm in the process of selling a site. I mentioned using Escrow.com, or possibly Moniker.com.. The person suggested we use MoneyBookers. I've never used MB and know nothing about it, but I imagine it's much like Paypal in that it is not very secure to be using for large transactions? Just wondering if someone could clarify this for me. I guess the buyer wants to use it because the fees aren't that much, but, I need to be 100% certain of security here, so if I must, I will insist on Escrow or Moniker.

Also. What is the normal procedure for selling domains and sites? I figured we would open escrow on the domain, and once the transaction was complete, I would then give the buyer access to the server to transfer the site. I'm extremely hesitant to give anyone access to any of my site data before I have cash in fist so to speak. Just looking for some insight on this as well..

Thank you everyone for the help!

 

[RJ]

I have used Moneybookers extensively and never had any problems. In fact as seller, I would much, much rather use MB than PayPal because they don't allow chargebacks to cost you money, or so they claim here:

http://www.moneybookers.com/app/help.pl?s=m_fraudcontrol

Escrow.com is a good option too, but there are loopholes that can cost you money if the other party is dishonest. When selling sites or high dollar domains, most ideally I'd like to get a bank wire or cashier's check from the buyer before transfer is made. Not all buyers are willing to do this of course.

RJ

 

[IAmAllanShore]

If it's true, I might just have fallen in love with MoneyBookers....

All Moneybookers payments are Irreversible...
Once you are paid, you stay paid! Moneybookers is a "hard" currency and transactions are NOT reversible. Credit cards are a "soft" currency because transactions can be reversed. This leaves the merchant in a disadvantageous position because it is usually not practical to retrieve the goods once control has been given to the buyer.Instant and irreversible payments are thus advantageous features of Moneybookers payments.

NO charge back risk for merchants
We do not pass on charge backs to the merchant but absorb them ourselves. We reserve, however, the right to withdraw this policy without notice for any particular merchant who we determine is not exercising due diligence or is operating in a way which results in higher than normal exposure.

NO rolling reserve
There are no holdbacks from Merchants on payments originating from credit/debit cards. We reserve, however, the right to withdraw this policy without notice for any particular merchant who we determine is not exercising due diligence or is operating in a way which results in higher than normal exposure.
How we make this possible:

* Moneybookers offers high payment security, and reduces risk with measures such as credit scoring and payment limits.
* Registration information is verified using proprietary and third-party databases. Conflicting information results in an unsuccessful registration. We also monitor account activity for signs of unusual activity that might point to fraud.
* New Moneybookers users are subject to lower transaction limits until their account has been successfully authenticated. Once a customer is successfully authenticated, they are given full payment privileges up to the standard transaction limits.

* We work with law-enforcement agencies to protect against fraudulent activity through the Moneybookers payment system.

-Allan :gl:

 

[Mark]

Hmmm - Very Interesting :o

 

[ulasbbtr]

Moneybookers is popular in betting and gambling business, it is also a company of Gamebookers, which was now a PartyPoker company. Moneybookers is very popular in Europe, and I never heard a complaint about their service.

Its security and customer service are sky high better than Paypal because they are mostly dealing with big amounts of money (normal when it is betting or gambling money), and before using moneybookers your credit card, bank account, etc. all requires a verification process. After those verification processes your monthly transaction limits increased.

They are using very advanced security techniques, from IP logging to intelligent data analysis. So their rules are very strict. I strongly advice them.

 

[Ronald Regging]

Thanks guys for the response, much appreciated. I'm just not sure how the transfer of the site will work Moneybookers. The guy seems to want me to send him the site before paying me, which isn't going to happen

Are there normal steps for handling the transfer of a site?