Thread: Why PayPal is popular then MoneyBookers ??

Moneybookers allows almost all the countries of the world where is papypal is restricted in some countries. So why people likes paypal so much? Is there any idea?

ebay is a big part of it!, and paypal supports:

4 languages

and tons of purchase countries:

United States
Albania
Algeria
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan Republic
Bahamas
Bahrain
Barbados
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Canada
Cape Verde
Cayman Islands
Chad
Chile
China
Colombia
Comoros
Cook Islands
Costa Rica
Croatia
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
El Salvador
ritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Federated States of Micronesia
Fiji
Finland
France
French Guiana
French Polynesia
Gabon Republic
Gambia
Germany
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guatemala
Guinea
Guinea Bissau
Guyana
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyzstan
Laos
Latvia
Lesotho
Liechtenstein
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Mongolia
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Niue
Norfolk Island
Norway
Oman
Palau
Panama
Papua New Guinea
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Qatar
Republic of the Congo
Reunion
Romania
Russia
Rwanda
Saint Vincent and the Grenadines
Samoa
San Marino
São Tomé and Príncipe
Saudi Arabia
Senegal
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
Spain
Sri Lanka
St. Helena
St. Kitts and Nevis
St. Lucia
St. Pierre and Miquelon
Suriname
Svalbard and Jan Mayen Islands
Swaziland
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania
Thailand
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Vanuatu
Vatican City State
Venezuela
Vietnam
Wallis and Futuna Islands
Yemen
Zambia

Paypal has 164 million accounts worldwide
Available in 190 markets and 17 currencies around the world

It's definitely because it's the preferred payment option for eBay, plus it's been around longer than Moneybookers. I've had my PayPal account since 2001 so I'm accustomed to using them, and I'm sure there are many others like me.

How about fee structure, the fact that many shopping carts do not have money bookers built in.

8% credit card fee of money bookers for merchants is INSANE

I have noticed that in a lot of scripts, where there is paypal, stormpay, egold, and a few others as payment options.
Don't believe I have seen one with moneybookers.

I have only ever used PayPal, and in my opinion, I will stay with them until I have enough volume to justify getting my own merchant account!

Why try others, when paypal has everything I need for now, the fees are not that bad (I just adjust my prices a bit to compensate for the fees)

IDK... I can't even get to the moneybookers site. I'm thinking IE blocks it or something. Seems to work fine for everyone else, but everyone else uses FF.

IE will let you see it.
At least IE7 on my computer gets to the site.

cookie problems, , lol.

Originally Posted by iowadawg

IE will let you see it.
At least IE7 on my computer gets to the site.

Something on my system is blocking it....

I just like Paypal better, however I just signed up for Moneybookers the other day..

It seems that which country has paypal they have all and the country who have no paypal they have nothing. Even they can't do any online business just because they are not supported by paypal

Becoz of first mover advantage!!!
Also moneybookers sucks many other way .....

because they own ebay

I agree. eBay is the reason that paypal is so popular.

No, Ebay OWNS Paypal....

Originally Posted by iowadawg

No, Ebay OWNS Paypal....

.. was gonna say

Paypal was extremely popular before Ebay bought them out.

I like them because sending and receiving money is free for personal account holders.

Nothing to do with why PP is more popular but they also own x.com.

Like all the others said it's mainly because of Ebay.

Originally Posted by felit0

It's definitely because it's the preferred payment option for eBay, plus it's been around longer than Moneybookers.

Paypal was very popular long before eBay bought them out.

Paypal is cheap and has excellent anti-fraud protection.

Most ecommerce in the world happens in the countries that Paypal does support, so I don't think they are hurting much from their competition.

paypal is widely acceptable and easy to use like funding and withdrawal........ they have support & wide range of sites prefer paypal for their ecommerce solution.....

Paypal is a household name by now because of the ebay connection so it will always have some advantage over its competitors.

well moneybookers definitely has advantages over paypal. atleast it does not limit each and every transaction unlike paypal which does that for almost every transaction in my account, have to mail them and they correct it after 3-4 emails.

regarding why paypal is more popular is that most of the big companies,domain sellers , parking sites etc. use paypal as payment option. unless moneybookers becomes more widespread and tie up with these it not going to be very popular.the limited amount of sites which accept moneybookers is a hinderance.

also another thing , for people in india is that if one wants to withdraw to bank account-- paypal presents option to add any savings account and pays using the NEFT network.basically it means almost everyone can get payment via that.

while prob with moneybookers is that one needs to have bank account to be SWIFT enabled to accept paymnet and not all bank branches are Swift enabled. if only moneybookers would use the local money network like paypal does they could be more popular.

the network of Paypal is bigger, especially that it is tied up with eBay

Ebay owns paypal!

The reason is simple, because the most important merchants support Paypal. But the competition raise with time.

in my view because its US based and most internet users are from USA
and they have an easy verification process as well

I think paypal is more secure and they have to many member now

Ebay deffinatley a big part of it for sure, and the money they have backing for advertising.. I've honestly never even heard of MoneyBookers until right now..

I can't believe you never heard of MoneyBookers until now.

Originally Posted by Hurley4540

I can't believe you never heard of MoneyBookers until now.

Moneybookers is more famous among webmasters and casino players.
While paypal among general ebay shoppers.

MoneyBookers is also a good payment system, but in my opinion Paypal is better since you can find more companies that you can pay via Paypal.

Its because of EBAY. I don't think Moneybookers is accepted everywhere though. One time I had to pay a designer in the Philipines and he had Moneybookers. I signed up to pay him and then wanted to pay another designer in Romania I think and it wasn't available there. I think this was January 2008.

PayPal is dominant because of Ebay for sure. Unless PayPal service goes really south, they will only get bigger and bigger.

-Adam (AKA "The Traffic Guru")

Because now paypal is more famous.

paypal has so many users it has become ubiquitous that on top of having a connection with ebay i don;t know how anyone can beat that.

eBay! It is a part of payment of eBay and there are million users used this site, its world wide website. MB is from UK company and being using most in EU only.

paypal limits my a/c fast but most buyers dont accept moneybookers

Yes everyone uses paypal and paypal is simple and safe.

ebay owns paypal. so i guess you have the answer "why" paypal became more popular.