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Moneybookers to change its fee structure

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thibault    (2010-01-12)


Moneybookers to change its fee structure

Every merchant registered at Moneybookers probably received an email specifying the following :

We would also like to inform you that Moneybookers will adapt its fee structure as of the 13th of March 2010 for send money transactions to 1% of the transacted amount. Moneybookers therefore offers a highly cost effective way of sending money from one Moneybookers account to another.The fee change will be applied to your account settings automatically and without any inconvenience or additional administrative burden at your end.

This is still cheaper than Paypal but what do you think about such a change?  Is Moneybookers facing financial problems or is there no concurrent at all offering such prices?

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