Micropayments with the help of a new application

May 16, 2008 - 9:32am | News | Payment systems |
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[img_assist|nid=7482|title=|desc=|link=none|align=left|width=100|height=41]Payment system Moneybookers has launched a Facebook application to send and receive money over a profile on a social network site.

At the moment the software is put in the  trial beta mode and it is planned to be rolled out in June. Anyone using Facebook will be able to make payments to and from each other.

In spite of the popularity of online payments nowadays many people are alienated by the fees charged for the services. Besides, some people are very anxious over the security of the financial information transfered via Internet.

"Nowadays people don't want to leave traces of their personal information everywhere they go online. The benefit of Moneybookers is that once you've created a virtual account, you can rapidly and secure send and receive money without having to give out personal information to anyone else," says Martin Ott, managing director, Moneybookers.

"Our customers can now collect money their friends owe them or launch a fundraising appeal with minimal hassle and without having to pay out exorbitant fees to third parties," adds Ott.




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