Moneybookers Payment Gateway Explained for Online Merchants

Author

Reads 1.3K

A Person Holding a Payment Terminal
Credit: pexels.com, A Person Holding a Payment Terminal

Moneybookers payment gateway is a secure and reliable payment solution for online merchants.

It was founded in 2001 and acquired by Skrill Group in 2013.

The payment gateway allows merchants to accept various payment methods, including credit and debit cards, bank transfers, and e-wallets.

Moneybookers payment gateway supports multiple currencies, making it a versatile option for online businesses that operate globally.

Skrill Payment Gateway

The Skrill payment gateway is a secure way to accept online payments. It's available as a plugin that you can download and install on your website.

To get started, you'll need to download the Skrill extension from your dashboard. This will give you access to the plugin's settings and configuration options.

Once you've downloaded the extension, you'll need to upload it to your website's plugins directory. This is done by going to Plugins > Add New > Upload and selecting the ZIP file you just downloaded.

After uploading the plugin, you'll need to activate it. This is done by clicking Install Now, and then Activate. Once the plugin is activated, you can configure its settings.

Credit: youtube.com, Skrill (MoneyBookers) Gateway for WooCommerce

The Skrill plugin has several configuration options that you'll need to set up. These include enabling or disabling the gateway, using a sandbox environment, and entering your Skrill merchant ID and email.

Here are some key settings you'll need to configure:

The Skrill payment gateway is a secure and reliable way to accept online payments. It's a popular choice among online merchants and is known for its ease of use and flexibility.

Payment Process

The payment process with Moneybookers is straightforward. You can make payments using your credit or debit card, with the option to save your card details for future transactions.

To start the payment process, you'll need to enter your card details, including the card number, expiration date, and security code. Moneybookers accepts a wide range of currencies, including the US dollar, euro, and British pound.

Once you've entered your card details, you'll be asked to confirm the payment amount and currency. You can choose to pay in your local currency or the currency of the merchant's country.

Moneybookers uses a secure server to process payments, ensuring that your card details are kept safe and secure. This means you can trust that your transactions are protected from unauthorized access.

The payment process is typically completed in just a few seconds, after which you'll receive a confirmation message.

Payment Methods

Credit: youtube.com, TopDesignZONE Payment method by Skrill Moneybookers

Moneybookers payment gateway offers a variety of payment methods to suit different needs.

Users can choose from over 40 different currencies to make transactions.

The payment gateway supports major credit and debit cards, including Visa, Mastercard, and American Express.

You can also use e-wallets like PayPal, Neteller, and Skrill to make payments.

Moneybookers allows for instant payments, with funds being transferred in real-time.

The payment gateway is also highly secure, with a 128-bit SSL encryption to protect sensitive information.

Frequently Asked Questions

Is Skrill the same as Moneybookers?

Skrill is the rebranded name of Moneybookers, a digital wallet provider. The company changed its name in 2011, but its services and functionality remained the same.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.