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No.1 
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Joined: 18 December 2004
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 Posted: 19 December 2004 at 12:52pm |
This is the greatest news I ever heard because this means that I can withdraw my money while I am travelling. How fast are their transfers and what do you think about their personal account fee (3%+5$ for more than 60$ and 3$ for less than 60$) ?
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dpyers
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Joined: 12 May 2003
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Posted: 19 December 2004 at 2:02pm |
According to their site, as soon as the sender credit card clears, the funds should be available to your account.
As far as the charges go, I don't know. Probably depends upon the country you're in. Also don't know if there's any local/government currency exchange fees for this type of transaction. Ikobo also has a few little charges.
- Delivery fees for the card - vary by country
- Monthly account fee - $1
- ATM Withdrawal fee - $2 (the bank you withdraw from may have an addional atm fee)
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Lead me not into temptation... I know the short cut, follow me.
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sswiz
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Joined: 19 December 2004
Location: Romania
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Posted: 20 December 2004 at 12:00pm |
Well, this sounds pretty good, you've made curios on this matter and I looked it up and apparently ikobo charges 2.99% per transaction without any other fees (apart from those you've mentioned, but they're related to the visa card). This could prove to be a good addition to the payment solutions I'm offering for my customers. Will look some more into this.
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No.1
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Posted: 20 December 2004 at 12:35pm |
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Ok. So I see. I just discovered there are a number of countries including Romania where the iKard delivery is free. :D And the 1$ fee doesn't seem too much, does it ? Also, this posibility of beeing mobile and in the same time to be able to withdraw your funds from virtually anywhere worths the 2$ withdrawal fee. I think I am going to signup with them tomorrow. Thank you everybody.
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dpyers
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Posted: 20 December 2004 at 4:16pm |
 sswiz wrote:
This could prove to be a good addition to the payment solutions I'm offering for my customers. Will look some more into this. |
I know of several webmaters around the world who use ikobo for their cc procsesing. At one tme there were problems using them - particulary with chargebacks, but they sem to have gotten their act together
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Lead me not into temptation... I know the short cut, follow me.
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sswiz
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Posted: 21 December 2004 at 8:30am |
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Yeah, that's pretty much what I've read also. Although the problems weren't related to chargebacks... I could be wrong of course. The important thing is that it seems to be ok now and as some say, growing in popularity. Hope so!
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the boss
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Posted: 21 December 2004 at 9:51am |
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sswiz
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Posted: 21 December 2004 at 2:04pm |
Well, I have considered western union for transferring some money, but once I realized what their fees are, I suddenly didn't feel the need to do it anymore. Anyway, I need something with credit card processing capabilities, does WU do that?
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