What poker players love about Moneybokers is that it is an e-wallet that only requires you to have an email address to be used. Once you open an account with Moneybookers you can deposit and withdraw into and from your favorite online casino.
Moneybookers - Highlights
Easy to Use. To open an account with Moneybookers all you need to do is create an email account. You do not need to provide any credit card information nor banking details unlike other e-Wallets. You can fund your Moneybookers account through a bank transfer, credit card and debit card.
Security. Moneybookers is based in London, therefor it is regulated by the Financial Services Authority in the UK. They oblige all payment processors in the country to meet some security and reliability standards. Moneybookers use SSL connection for transactions and the fact that it does not ask for your personal information when processing the payment is also a security measure.
Popular with Casinos. As a result of players preferring this payment option, most casinos decided to adopt Moneybookers. You will probably find that most casinos use Moneybookers and keep it as one of their top options.
Multiple Currencies. Moneybookers is probably one of the payment processors which works with the largest number of different currencies. In their list they include: Euro, British Pound, Bulgarian Lev, U.S. Dollar, Australian Dollar, Canadian Dollar, Czech Koruna, Danish Krone, Estonian Koruna, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Lithuanian Litas, Latvia Lat, Malaysian Ringgit, New Taiwan Dollar, New Turkish Lira, New Zealand Dollar, Norwegian Krone, Polish Zloty, Singapore Dollar, Slovakian Koruna, South-African rand, South-Korean won, Swedish Krona, Swiss Franc and Thailand Baht.
Moneybookers - Downside
Not Available to US Players. Moneybookers offers their services all over the world, however they strictly state that "It is strictly forbidden for citizens or residents of the United States of America, Turkey, China, Malaysia or Israel to send payments to websites offering gambling services such as sports betting, casino games and pokers games."
Instant Transactions. Moneybookers provides real time transactions so whenever you send money it should be available immediately. However, verification usually takes up to a few days and it is common to hear complains about the promptness of Moneybookers. This is nothing big though, I would not say it would take more than 2-3 days to release your money.
Withdrawals. We have often heard of problems when taking money out of casinos. Usually they are related to verification issues or delays and customer service does not address these issues with enough care.
Moneybookers - Personal Opinion
Moneybookers is a commonly used and widely liked electronic payment method. Even though they are not the top choice in promptness, they are reliable and care to optimize service.