Why no Moneybookers? | Bitcointalksearch.org

Jack of Diamonds

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Merit: 251

Quote from: asterix on September 25, 2011, 08:12:37 AM

I'm a bit puzzled as Moneybookers did close my account two weeks ago and tells me I can't use their service any longer because I sold bitcoins via bitmarket.eu.

I don't want to blame the victim here, but..
Why do you *openly* deal in BTC? You should always send the money as a 'payment for a service' or 'payment for debt'.

Mentioning bitcoin in the message field is asking for trouble. You should never do this.
And to be honest, unless you did mention it, there is no way for them to know what you sent/received the payment for.

asterix

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I'm a bit puzzled as Moneybookers did close my account two weeks ago and tells me I can't use their service any longer because I sold bitcoins via bitmarket.eu.

They refer to section 11 where all the items are listed for which it is forbidden (pornography, weapons, money laundering, etc ) to use their service. When I asked them to be more explicit and tell me which of the items there they thought bitcoins would fit, they never gave an answer and just said "It is forbidden. Our decision is not open for discussion. You account is closed and you cannot make use of our services any longer."

I'm not aware I did anything wrong or so for all the transactions I had so far 6 or 7 of which 3 via moneybookers (otherwise bitmarket.eu would have closed my account as well, I guess).

So, is this the same moneybookers or is there a different moneybookers policy for the US ?

I'd like to know : I'm being threated as dirt by these guys and they refuse to tell me why.

(note I also posted this on another thread ...)

zer0

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if Liberty Reserve exchangers don't accept moneybookers why would you do it for btc
you can buy moneybookers stolen accounts by the dozens for dirt cheap on every CIS country u/g forum, and paypal accounts, and accounts here, and alert pay accounts, alipay, anything.

also almost every payment gateway/system are douches and don't want to promote other currencies, so prohibit it. you get a surprise TOS seized account with $2k in it and no way to get it out.

Bebop

newbie

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I've got a few years old account with Moneybookers and didn't feel like losing it so I email them asking about their policy of bitcoin trades (for bitmarket.eu specifically). They replied:

"Please note that such transactions are restricted by Moneybookers, thus please do not attempt to make payments for them trough your profile as it could be permanently suspended"

I had heard rumors about MB accounts being closed for trading BTC, and this confirmed it for me that BTC + MB = no go zone, if you want to keep account.

Jack of Diamonds

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Activity: 252

Merit: 251

Quote from: BitPorium on September 22, 2011, 09:33:57 AM

Wonderful to see you dont have that issue, but i do. A 100% hold on all transactions for 30 days. Reason they told me, "some people are malicious and will do a chargeback".
Lets just say that my confidence in them went way down. Id rather use paypal, at least i can use my money even if i eventually get scammed.

They might limit customers from high risk countries
(Bulgaria, Romania, Russia, Ukraine, Nigeria, Indonesia, Mexico)

They keep a close eye on those just as Paypal and other payment processors with common sense.

Even if you're from the US, they might do statistical patterning & find indicators of possible fraud
(logging in via proxies/TOR, rapidly changing ip's from various ranges during a short timespan etc)

BitPorium

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Wonderful to see you dont have that issue, but i do. A 100% hold on all transactions for 30 days. Reason they told me, "some people are malicious and will do a chargeback".
Lets just say that my confidence in them went way down. Id rather use paypal, at least i can use my money even if i eventually get scammed.

Richard Rahl

newbie

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Merit: 0

Quote from: Jack of Diamonds on September 22, 2011, 07:12:21 AM

Never heard of anything like that. I did transactions the instant I signed up on MB.

Same here.

I didn't say anything, because I haven't done anything with them in over a year and I signed up to the service several years ago. I do remember that when I signed up, I sold a WoW Account and the money was in my real bank account within a week of signing up.

I did some searching after the first reply, but I couldn't find anything about them holding money for 30days.

Jack of Diamonds

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Activity: 252

Merit: 251

Quote from: BitPorium on September 19, 2011, 02:58:26 PM

Quote from: Richard Rahl on September 19, 2011, 02:52:05 PM

Moneybookers works almost exactly like Paypal, except with a much higher level of Merchant Protection. Chargebacks can still happen, though they are very hard for the consumer to get. In the Game Account World (EVE Online, WoW, EQ, etc), they are pretty much the de facto standard money broker that virtually everyone uses, due to the high rate of illegitimate buyers out there.

So why no love for them in the BitCoin world?

http://www.moneybookers.com/app/

They are much more well known than Dwolla and have been around for much longer, but it seems that Dwolla gets all the lovin.

I got an idea. The 30 day hold on transactions when your first open up.

Never heard of anything like that. I did transactions the instant I signed up on MB.

OP is right, it's by far the superior online payment processor (you can deposit directly to your balance via debit, credit, instant online banking, wire etc.)
and chargebacks are practically impossible without getting the authorities involved & proving a fraud case etc.

I wondered the same thing when I found out about BTC, came to the conclusion people just don't know about it. All they know is PayPal.

MoneyBookers is huge in other countries. They also have an international debit card which works everywhere, for just 10 bucks.
Every time you top up your MB balance you can withdraw it at an ATM.

BitPorium

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Activity: 590

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Quote from: Richard Rahl on September 19, 2011, 02:52:05 PM

Moneybookers works almost exactly like Paypal, except with a much higher level of Merchant Protection. Chargebacks can still happen, though they are very hard for the consumer to get. In the Game Account World (EVE Online, WoW, EQ, etc), they are pretty much the de facto standard money broker that virtually everyone uses, due to the high rate of illegitimate buyers out there.

So why no love for them in the BitCoin world?

http://www.moneybookers.com/app/

They are much more well known than Dwolla and have been around for much longer, but it seems that Dwolla gets all the lovin.

I got an idea. The 30 day hold on transactions when your first open up.

Richard Rahl

newbie

Activity: 56

Merit: 0

Moneybookers works almost exactly like Paypal, except with a much higher level of Merchant Protection. Chargebacks can still happen, though they are very hard for the consumer to get. In the Game Account World (EVE Online, WoW, EQ, etc), they are pretty much the de facto standard money broker that virtually everyone uses, due to the high rate of illegitimate buyers out there.

So why no love for them in the BitCoin world?

http://www.moneybookers.com/app/

They are much more well known than Dwolla and have been around for much longer, but it seems that Dwolla gets all the lovin.

Topic: Why no Moneybookers? (Read 2053 times)