I also believed, at one time, that you didn’t have to worry about chargebacks with Moneybookers. That is simply not the case, they can and will chargeback..

I’m glad that this topic came about. There are numerous online payment systems out there right now but none seems to have all the “qualities” that the general public would want.

For buyers, the most convenient would be a paypal-like system wherein you can use your credit card. But sellers despise Paypal’s buyer protection program which lets dishonest buyers easily scam honest sellers.

For me, the one closest to perfection is moneybookers since everyone has to undergo strict verification processes. And there are no charge-backs to worry about.

I wish e-gold would learn from moneybooker’s system of verification to minimize all these fraudulent hyips etc.

Webmoney’s system would be too complex for the normal internet user. It is too secure. E-gold’s security is quite perfect for me right now.

Cheers and great article!
Steve

A global online method of payment, one which facilitates online commerce for all Internet users in every country has not yet been created….