Moneybookers Poker

This UK based payment channel was founded in 2001 and is today the third biggest online electronic wallet service in the world. It facilitates e-commerce transactions between people by permitting transfer of funds and has more than 8.5 million accounts as of July 2009. It is a favored method for making poker deposits because of the ease of operation and security it provides for payment information. Moneybookers also offers multi language and multi currency support making it the payment service of choice for poker players spread across the globe. Moneybookers has a separate US branch that takes care of payment processing for their US clients. Its service in Europe is particularly popular.

Making a deposit at Moneybookers is a simple and uncomplicated process. Once players create their unique Moneybookers account, they can deposit funds in it using any of the payment channels prescribed. Players need to furnish their personal information only at the time of registration. Funds can be deposited using credit/debit cards including Visa, Mastercard and Amex, wire transfers and internet banking transfer. The deposited funds can be then directed to any poker website that supports Moneybookers for the same.

Moneybookers Depositing Fees

Creating an account by itself does not involve any fee. Moneybookers also charges no fee in any of its operating countries for deposits made via internet banking transfers and wire transfers. However, withdrawals made with internet banking transfers, cheques and wire transfers are charged 3.50 Euros. Depositing funds using Amex, Visa, MasterCard and Diners Club invite a charge of 1.90%. This charge is waived off for Maestro and Solo cards in the UK.

Moneybookers Poker Security

Moneybookers is regulated by the Financial Services Authority. This ensures that all transactions routed through Moneybookers comply with standards prescribed with respect to security and safeguards are in place for protecting players’ financial information. As such, it is safer to use Moneybookers for making poker deposits than using credit/debit cards directly on poker websites because Moneybookers provides better level of confidentiality for their personal data.

Players who register at Moneybookers will also be asked to verify their e-mail address in a bid to comply with anti money laundering provisions. They have also prescribed several other verification systems to provide identity proofs and also transaction limits depending on the user status in this regard.