IKOBO Money Transfer

[ven7]

Has anyone here tried d new IKOBO MOney Transfer system in accepting payments online using credit card?

http://www.ikobo.com/

[abender]

I use iKobo (http://www.ikobo.com) to accept credit card payments. They allows you to withdraw funds through their Ikobo iCard (Visa Debit). I can definately suggest them, they are available for buyers in 240 countries and merchants in 170 countries. So far I'm happy. You get Visa Debit card to withdraw your money on any ATM machine in the world. After first payment is made the card arrives for max 5 days. Funds transfer is instant. Definately try their services! You don't pay for setup or monthly fees.

[oliver]

I receantly start using iKobo services for P2P transactions and haven't any problem with them. I am thinking on using their merchant account. This is what they offer: "The benefits of iKobo's Shopping Cart and Single Item Purchase Services include:
- Easy to implement - no CGI scripting necessary
- No up-front costs - There are no up-front, hidden or monthly costs. You only pay one low transactoin fee.
- Free Transaction Option - Only iKobo gives you the option to share all or a portion of all transaction fee with the buyer. You also are able to get 5% cash back with our affiliate program.
- Ease of Use - iKobo maintains detailed transaction records on our website and sends you automatic emails of any major developments with your account.
- Enchanced buyer experience - with customizable buttons and secure payments, the buyer will have a fast and easy purchasing experience."

[ven7]

Thanks for the input guys. I already signed up with ikobo.com last month, though i havent received any foreign payments yet thru their system, hopefully soon. Maybe u guys cud use some affordable web hosting plans, let me know ok. :)

[Dandy]

In my opinion you will not regret after having selected www.ikobo.com (http://www.ikobo.com).
Online money transfer feature with a wider coverage of more than 170 countries and 22o regions is the hall mark of ikobo. Money is transfered in any part of the world in seconds time and then can be withdrawn from that country's ATM plus or visa ATM.
Service charges are the lowest.
ATM card is also a debit card ans shopping can be done with this.
ATM card delivery is free.
Western union is the alternative but then in this ATM facility is not available.

[Dandy]

ikobo E-Commerce services are top class. This is evident from the fact that they have an Instant Payment Notification (IPN) service for their merchants. This service keeps the merchants update in their sales growth and account update. This IPN service is so much instant that as soon as a buyer makes payment at the E-Commerce website of a merchant, the IPN intimation is delivered to the E-mail box of the merchant.

[Horus_Kol]

Dandy,

It sounds like you're advertising IKOBO, rather than informing.
This thread had drifted away, and didn't need bringing up again over a week later.

[Horus_Kol]

actually, having noticed your first post was well over a month after the original thread, I can only conclude you are spamming.

But, seeing as how the rest of the thread is legit, I'm leaving it here for now. Stop bumping the post up, or I will just remove everything you have posted.

[dorian]

Ok, first of all, I'm not advertising anything. I'm also using ikobo and so far their services have been ok to me. Hopefully that's not going to change, because I can't find any other service that will do business with my country (Eastern Europe issues and all of that).

[Paul]

The service might be great, however, since your refferal id is in there I am sure you were spamming so ref id removed.

[dorian]

I hope you aren't talking about me, because I'm dead sure I didn't put in any referral ID. How could I, since I don't even have one (I might have one if they are automatically generated once you sign up, but I have no idea what it is).

[Paul]

Originally posted by dorian
I hope you aren't talking about me, because I'm dead sure I didn't put in any referral ID. How could I, since I don't even have one (I might have one if they are automatically generated once you sign up, but I have no idea what it is).
Sorry I didn't make it clear but I was talking to the original thread starter.

[dorian]

Thought so. Just wanted to make sure. Thanks for clearing things up.

[AaronC]

This Ikobo spammer posts on virtually every other forum I visit (or someone else is doing the same thing, either way).

The reason I stopped using Ikobo was poor customer service. I can't get any serious information about integrating their cart into other software, and they have virtually no ability to answer serious questions.

I've had better luck with Stormpay, but it too has limited technical support (altho the reps actually do try there).

[dorian]

Yeah, maybe, I wouldn't know about that. All I have to say is that I had problems with their customer support at first too, but know thinks work ok I suppose. I use the livechat customer support on their website and it's always been responsive and actually helped me in some cases.

[niceman]

I see this forum is about online payment services. I want some information and I don't care if it’s from a spammer or from a legit person. What are the top rated services that can deliver money in Eastern Europe? I have to receive some money fro a friend and I want to know the optimum way to do this. Thanks.

[AaronC]

The problem with spam is credibility. A spammer won't tell you that there are major problems with their product or service. It does no good to setup the transaction and spend money when, for some technical reason, they can't receive it.

While they may be improving (great!), without excellent customer service... I have a hard time justifying the risk.
That's why it's easy to get swindled when you purchase based on advertising alone, ya know? :(

Anyway, what works for eastern europe:
E-gold, I believe.

Stormpay, which I've used with countries that paypal doesn't support.

Western Union, which works everywhere and is quite good.

Ikobo, maybe.

EFT/Wire transfer (expensive, but might be worth it for the security).

Then there's always a payment processor or merchant account and your favorite credit card.

Might be others, but these are the ones that leap out the quickest.

[dorian]

I agree with that. Spammers aren't the best source of information.
About stormpay, these apparently are the countries they will absolutely NOT do business with: Afghanistan, Bolivia, Bulgaria, Colombia, Cuba, Indonesia, Iran, Iraq, Jordan, North Korea, Libya, Nigeria, Oman, Pakistan, Russian Federation, Saudi Arabia, Sudan, Syria, United Arab Emirates and Yemen. I'm not saying all other countries are accepted, I tried searching their site but I can't find a list of the countries they will do business with. Feel free to step in and provide us with this list if u have it.
Western union is good indeed, but also their fees are pretty high and it's not an online service. Maybe he doesn't necessarily need an online method but sometimes online is best.
Ikobo has the advantage of good coverage and they send you card to use when you want to withdraw your money. A disadvantage would be that is less popular and some folks would be reluctant to use it.
I'm sure there are plenty of other options, some of them might be quite good. I can't know them all now can I? :rolleyes:

[niceman]

I thought spammers only do advertise about some company, good or bad. Thanks for the info about them.
Regarding those list of services you listed on this thread I have to say that I have used WU and I don't feel like giving to them 19% of the money transferred. Another one from the list, stormpay has a major disadvantage: You cannot transfer funds to international bank accounts. So I'll wipe it out from that list along with WU. I will get information about iKobo and E-gold and get back to you. Btw, anyone here uses iKobo or E-gold? Maybe he can help me making a good choice. Thanks.

[dorian]

Well, I thought I made it clear that I'm using ikobo. I've been doing so for over three months now. I can't say much about e-gold, except for the fact that their funds are backed up by gold or something, I'm not too sure about that. What I can say about ikobo is that so far it's been working like they said it would. Received my card, got the money, blah blah. If you have specific questions let me know.

[niceman]

Ok, If you say you have no problems with ikobo and since I saw on their website they cover Eastern Europe (actually 170 countries from all around the world) I will ask you the follwing questions:

1. What is iKard ?
2. What are their partners?
3. Do they have login security?
4. What are the fees they charge for merchant account ?

Thank you.

[dorian]

Originally posted by niceman
Ok, If you say you have no problems with ikobo and since I saw on their website they cover Eastern Europe (actually 170 countries from all around the world) I will ask you the follwing questions:

1. What is iKard ?
2. What are their partners?
3. Do they have login security?
4. What are the fees they charge for merchant account ?

Thank you.

Whoa, slow down there. Ooook, I don't know the answer to all of them, I'll tell you when I find out. Let's see:
1. it's a nice blue thingy, actually a visa electron debit card you can use to withdraw the money from your ikobo account. Works with all visa ATM's I think.
2. I know this one; I've read somewhere that it's Bank of America and the Sun Trust. I hope I got it right.
Ok, that's it! I'll come back when I know more.
Well, did I pass, did I pass? :D

[niceman]

Do they have login security or not ? I read somewhere that login security is the thing that separates my account from beeing full or empty :)

[dorian]

Originally posted by niceman
Do they have login security or not ? I read somewhere that login security is the thing that separates my account from beeing full or empty :)
Yes, just spoken to customer support on livechat and they do. It's true, login security it's what keeps your account from being hacked. So, I guess it's good they have this, right? :)

[niceman]

Of course this is a good thing. A very good thing I might add. You didn't answer my questions regarding iKobo's fees. Please be more specific and give me more details. I am thinking of using them, you know.

[dorian]

Originally posted by niceman
You didn't answer my questions regarding iKobo's fees. Please be more specific and give me more details.

You're right, I didn't answer them. OK, looked it up, the fees for merchant account are 2.99% + 30 cents per transaction. There is no setup or monthly fee.
For money transfers the fee is 4%, with a minimum of 2$.

[niceman]

How is the iKard delivered and how long does it take to get it? I just simply receive some money in my ikobo.com account and the card is sent to my location?

You said the card works with al Visa ATM's. This means that I can make over-counter purchases with it?

[dorian]

In my case it took a while before it arrived because the first time they sent it to me it got lost in the mail. After talking to them they were very helpful and sent me a new card by express mail. It arrived in 2 days.
Normal delivery (free) takes about 5-6 days, although the site says 8-10 days.
You're right, you get money in the account then the card is shipped to you.
Regarding over-counter purchases, I only did it once and it worked, so I'm guessing it would work every time.

[niceman]

Ok. Thanks.

Do I have to add my credit card or maybe my bank account in order to use iKobo?

[dorian]

Yes you do, but only if you want to send money. You don't have to do anything like this when you only want to receive payments...

[niceman]

Cool. This is a good thing. Does iKobo have merchant services? And if it does, how are its fees compared to other payment services? I just want to know if I can establish a long term business relationship with them.

[dorian]

Well they do have a merchant account. The fees are 2.99% + 30 cents per transaction, with the possibility of dividing them between your customer and you. I don't think there are other fees, these are it. I don't know exactly how they compare to other services, but for example they are lower than those of paypal, 2checkout as well as worldpay. If I'm mistaking fell free to correct me!

[niceman]

Yes. I saw much information on their website about the merchant account. I think this is a good solution to open a business because they don't have setup fee or monthly fee besides the usual transfer fee which is 2.9% + 0.29$. About the comparison data you gave me I say that you are very wrong because I did a little research on my own and I found that iKobo has in fact the lowest fees compared with the services you listed in your post. Please be more careful in the future. Do you have a merchant account with iKobo?

[dorian]

Oh, sorry my mistake, I meant lower of course, I'll edit the post right away.
No, I don't have a merchant account at ikobo just yet. If I had I'm sure I wouldn't have made such a big mistake. ;)

[chenzhu]

The coverage of Ikobo is in more than 170 countries and 220 regions. It is wider than any other providers. That means you can sell worldwide.:D

[chenzhu]

I lauched a e-store with OSCommerce and Ikobo recently. OSC is open source, so it is free. Ikobo has no setup fee and monthly fees. So I cost nothing to setup my new e-store. OSc is very good. I like its Cpanel. Ikobo has wide coverage. That means I can sell worldwide.:D

[dorian]

What do I have to do in order to integrate ikobo with OSCommerce. I was going to ask if ikobo even supports third party shopping carts, but since you're already using it it's pretty obvious they support it. Any kind of help is more than welcome, thanks!

[chenzhu]

dorian

I am very glad to help you. You can dowload the ikobo payment module at here (http://www.oscommerce.com/community/contributions,2440/page,7). A help document is included in the file which you downloaded. You follow the guide of the help document to integrate the module into OSCommerce. If you have any questions, be free to ask me.

[dorian]

Great, thanks for the help. I'll go take a look at this as soon as I've got the time. The fact that you can use ikobo with a third part shopping cart is really a nice feature. I'll have to see if it works as well as you say it does. :)
Thanks again!

[chenzhu]

yes. Ikobo does support 3rd party shopping cart. You can download shopping cart manual from the website of Ikobo. Some technique details regarding 3rd party shopping cart are included in the shopping cart manual.

[dorian]

Yep, I've got it a while ago; the manual I mean. Read through it a couple of times and found some useful information in there. I think they updated it a copule of times in the past 2 months or so. Maybe their future release will be even better. :)

[chenzhu]

Yes. The manual is updated 2 two months ago. The old manual did not include the technique details regarding 3rd party shopping cart.

[dorian]

Well, ikobo has made a habit out of releasing new updates and features almost every month. Let's hope they'll keep this up and add something new this month as well.

[chenzhu]

dorian
Yes. Ikobo have made great improvements recently. Do you noticed the change of Ikobo's help page? Ikobo offers live chat service. If you have any questions, you can login Ikobo and have a live chat with the staff of ikobo.

[dorian]

Noticed it long time ago. It's pretty good indeed, a lot better than their previous support system. The livechat is where I find most of my answers actually. It's easier to ask a human operator the question then searching through the FAQ. Less work for me, more for them. :P

[chenzhu]

Have you tested the Ikobo payment module written for OSCommerce? Does it work well?

[dorian]

Well, I've tried the demo, as well as seeing some shops implementing it. As far as I know it works fine, and I may use it for my second project since it's all free.

[chenzhu]

Someone told me that Ikobo offers IP mamagement service. Do you guys know how to enable this service?

[dorian]

If by IP management you mean restricting the IP's from which you can access your account, than the answer is affirmative. You can do this by logging into your account, then click on the "sell online" tab then click the "IP Management" tab and finally type in the IP addresses you would like to be allowed to access your account. Hope I helped, good luck!

[chenzhu]

dorian

Thank you. I have enabled the IP management. Then my account will be more secure.

[dorian]

Hehe, well, it will be more secure, that's very true, but don't imagine that it will be completely hacker-free. Ikobo does indeed have very good security, but you also have to be careful where and to whom you give your account information and all of that.

[niceman]

Well, you are quite far from the truth because I already use their IP management system and this means that my account can only be operated using only my home computer so I think this is a very good security feature. They really did a good job this time. ;)

[chenzhu]

Yes. I only use the computer of my home to operate my account. So I think it is very secure.
Does ikobo offer IP managemant feature to personal account? A friend of my has a personal account of Ikobo. He want to know the answer of this question.

[dorian]

Maybe you're right, I guess you can't get more secure than this considering the circumstances. I suppose niceman is right, ikobo did do a good job securing the accounts.
As far as the personal account goes, I don't think this feature is available for it. You should try ikobo.custhelp.com and see what you can find out.

[chenzhu]

I have asked my friend to ask help from customer support of Ikobo. He has send email to Ikobo. Wish he can get answer soon.

[niceman]

He sent e-maill about what? Be more specific please ... We can't help you if you write like that. Thanks.

[dorian]

OK, I've got it. He's talking about his friend with a personal account, who wants to know if the IP security feature is available for him as well. ;)
Am I right or am I right... Anyway, if it's not available he can always upgrade to a merchant account.

[chenzhu]

Originally posted by niceman
He sent e-maill about what? Be more specific please ... We can't help you if you write like that. Thanks.
The question is below.
Does ikobo offer IP managemant feature to personal account? A friend of my has a personal account of Ikobo. He want to know the answer of this question.

[Doughty]

Hello, can you please let us all know if ikobo offer IP management feature to personal account? I am looking for a company that provides money transfer needs online. That's why I am also interested in this option – as money must be coupled with security, don’t you think so?;)

[niceman]

Besides IP Management feature which is only for merchant accounts, all the other security features that make ikobo a safe and reliable service are present in the personal account. So, you don't have to worry about this. After all, if you really like this IP Management feature, you can upgrade your account to Merchant.

[chenzhu]

I have asked my friend to upgrade his personal account to merchant account. In addition to IP management feature, merchant account has a lower transaction rate. My friend has adopted my suggestiono.

[dorian]

Good for you, and good for him. So I take it he's pleased with his merchant account now. Let us know if he eventually opens up an online store, maybe he's got something interesting...

[chenzhu]

My friend is very satisfied with his merchant account of IKobo. He has a plan to open an online store. He want to sell craftwork made of bamboo.

[Doughty]

But is it possible to use merchant account for the personal needs (I mean sending money to friends/relatives)? Frankly speaking I am new in this business, so your help will be appreciated :confused:

[chenzhu]

But is it possible to use merchant account for the personal needs (I mean sending money to friends/relatives)? Frankly speaking I am new in this business, so your help will be appreciated
Of course you can.If you have a merchant account, the p2p money transfer fee is still 2.99%+0.22. It is lower than that of personal account.

[dorian]

Originally posted by chenzhu
My friend is very satisfied with his merchant account of IKobo. He has a plan to open an online store. He want to sell craftwork made of bamboo.
Glad to hear that, maybe when it's up and running I may consider buying something from him (provided I like something :) ).
That's not important, what is important is seeing more people adopt ikobo as their credit card processor. Comes to prove I made a good choice back then when I started using them.

[niceman]

Originally posted by Doughty
But is it possible to use merchant account for the personal needs (I mean sending money to friends/relatives)? Frankly speaking I am new in this business, so your help will be appreciated :confused:

Of course it is possible but if you want to use ikobo only for sending/receiving money I advise you to use the personal account.

[dorian]

I believe that you should use whatever suits your needs best. Both the personal and the merchant account are very good options, since they both work without any glitches, but since you only need to transfer money, I'd suggest the personal account. After all, that's what it is supposed to do. :)

[Paul]

IKOBO looks interesting but I simply can not get past that butt ugly web design. You would think that by now they would have the money to get a better design team.

[dorian]

Yeah, you're pretty much right. The service is pretty good, but the site looks quite unprofessional. I've asked them on livehelp about this matter a while ago and they said that by the end of the next month the site design is going to change. Let's hope it will be so, and let's hope it will look good. :)

[chenzhu]

Glad to hear that, maybe when it's up and running I may consider buying something from him (provided I like something ).

After he setup his online store, I will tell your the link. Maybe you will be his first customer.;)

[dorian]

Heh, yeah, that would be an idea. The important thing here is for him to set up the store and get it to work. What follows next remains to be seen, but I don't think he should have any problems with ikobo... at least i didn't

[chenzhu]

have you guys tried the ten level affiliate program of Ikobo? Does it work?

[dorian]

as stated on another thread (try that "search" thingy, could prove useful) the program works indeed, I'm living proof of that, the only thing you have to do is get people to sign up with ikobo for the 10$ bonus and get them to process with ikobo as well if you also would like 5% of their transactions... who wouldn't? :D (actually the money is deducted from ikobo's share in this... technically)

[Doughty]

Yes, It does work (we've been talking about it for a while on another thread). Good to earn 10$ just for referring someone ;) After all the person signing through the affiliate link isn't losing anything, but I would suggest letting the customer know about it.

[chenzhu]

That is really good. I will persuade my friend to sign up with Ikobo.

[dorian]

hmmm, persuasion, that doesn't sound too... good. are you going to use some sort of torture instruments on your friend?
Joking, i think that if anyone needs some service similar to ikobo and are presented with their features, that they would signup with ikobo of their own free will (thus getting you the $10 and whatever may come next).
I suggest you try the easy way first, then resort to "persuasion". ;)

[chenzhu]

Yes. The word is not proper.:P I will insert an affiliate link and a logo of ikobo on my website. If anyone interested it. They can click the link to sign in up Ikobo.

[dorian]

there you go, that's more like it. That way whoever wants to send/receive money fast and cheap can use that link to sign-up. This way, it's a win-win situation for both you and the person signing up. Nice, huh, a lot better than torture? :D

[Doughty]

And the more transactions your customer makes, the more you will earn ;) So good luck :)

And I also would like to know – will I be charged for converting my personal account to the merchant one?

[dorian]

No, there is no charge if you convert your personal account into a merchant account. In fact you'll pay less for transferring money, but you'll have to wait a while to have them available for ATM withdrawal.

[Doughty]

Sounds good ;)
But what about personal transactions? Will I also pay less for transferring money to my relatives?

[dorian]

For sending money the fees are the same regardless of the type of account you have. That is: 3$ if you send less than $60 and $5+3% if you send over $60. I've just spoken to someone on livehelp (since I was also interested in this matter) and this is what she told me. Hope I could help!

[Doughty]

So as far as I understand if I transfer money to my relatives I will be charged 5$+3%, and if someone is purchasing on my website, the fee will be about 2.99%. Please correct me if I am wrong :confused:

[dorian]

You're right as far as I know. I suggest you have a little chat with an operator to get things perfectly straight. If do so, please inform us of what you learn. I'm not 100% on this also. ;)

[Doughty]

Yes, sure I will try their livechat.
Once I did that without any success, but then suddenly realized that they had another time zone and they were still asleep :D
May be the difference in time is the reason many people are complaining about ikobo poor customer support, who knows?
But as soon as I talk to one of ikobo stuff I will post about my experience ;)

[dorian]

Well, it's true that a lot of complaints are usually because of user errors, or because users fail to follow instruction properly or maybe they overlook something. At least this is how I see things...

[niceman]

Unfortunately this is the truth. I’ve seen people complaining about poor ikobo support but they didn’t even know that ikobo has a live customer support feature. Sadly as it goes, they didn’t even know about ikobo’s FAQ page. Ikobo is not perfect but every time I needed their support, I managed to find it. That’s all I have to say about their customer support.
Now, changing the subject, how can a merchant implement ikobo’s IPN ? I know that ikobo sends transaction information to a specified URL, but what must be done in order to receive this kind of information? Thank you.

[Doughty]

IPN? May be this is a silly question, but can you explain me what does it mean please?
As far as I understand it is related to the payment information.

[dorian]

Well, the IPN notifies you instantly of payments made to you. To be able to use it you'll have to use a secure server (https) for the obvious reasons. To learn more you'll have to download the IPN manual by logging into your merchant account then click the 'manuals' link on the bottom of the page.

[Doughty]

And what information does IPN provide a merchant with? I mean is this feature so important? What if the merchant doesn’t have a secure server?

[dorian]

Well IPN provides information about the transaction, like transaction ID, item number, item price, transaction confirmation number, account number and so on.
It's not mandatory to use IPN, but it's a great way to prevent frauds and to have all the information about your transactions. One could even develop some sort of statistical analysis based on IPN information and determine which products are being more popular and so on...

[Doughty]

And what if the merchant doesn’t have a secure server? Does ikobo send him an e-mail notification about the payment?

[dorian]

Yes, they do. To tell you the truth, I DON'T KNOW what happens if a merchant doesn't have a secure server. I suppose he'll have to settle for e-mail notification or something. If you're going too keep asking these techie question I suggest you try ikobo's livehelp. I'm sure they're more prepared than me to answer, and apart from that, maybe they'll get pissed off slower than me! :mad:

[Doughty]

Originally posted by dorian
Yes, they do. To tell you the truth, I DON'T KNOW what happens if a merchant doesn't have a secure server. I suppose he'll have to settle for e-mail notification or something. If you're going too keep asking these techie question I suggest you try ikobo's livehelp. I'm sure they're more prepared than me to answer, and apart from that, maybe they'll get pissed off slower than me! :mad:
Hey :wave:
no need to get mad!
I will try to talk to someone from ikobo to find out all the information I am interested in.
:cheers:

[dorian]

Too late, I already did! :P
OK, I'm cool. You do that, speak to them I mean, then let us know what you manage to find out. Now that you've asked all of those questions you kinda made me interested in this as well. Since you want to talk to them anyway, I don't see any reason why both of us should bother the nice people from ikobo. :D

[Doughty]

Well, yes, I was going to contact ikobo customer support and I managed to do it. Frankly speaking I had to wait for a while – but I am a patient person ;)
I asked the operator about ikobo fees and IPN.
So if the merchant doesn’t have a secure server, he will be able to get all the needed information from the e-mail notification he receives from ikobo once the payment is completed. The merchant doesn’t need to sign up that e-mail as it is sent automatically.

[dorian]

I'm glad you did. See, it wasn't all that hard after all. As I can see you got what you needed from them, the information I mean. Thanks for sharing, I really appreciate it. It's very good that ikobo allows the use of IPN even without a secure server, although I for one wouldn't advise this, since it's personal information you're dealing with, if something goes wrong, guess who's in for a lawsuit. ;)

[Doughty]

Originally posted by dorian
It's very good that ikobo allows the use of IPN even without a secure server
I guess you misunderstood me. As someone does need to have a secure server in order to use the IPN feature.
Otherwise he will get all the information about the purchase made on his website from the e-mail notification he will receive.

[dorian]

Oh, I see. I'm sorry for that.
Well, as long as ikobo provides the information via e-mail, I suppose one could live with IPN (in case of a home business). If you need to expand however, secure server and IPN support are a must I suppose. Eh well, when I'll grow into a multinational corporation I'll let you know. ;)

[Doughty]

And dorian, do you have any information as to when they expect to resolve the problem with master card? They say it’s temporal, and I hope it will be solved really soon.

[dorian]

I know as much as you do on this subject. They said something about fixing it this month but nothing is for sure. I know this must be problematic to some. I for one don't mind it all that much, I've instructed my customers to only use Visa for now.

[Doughty]

Yes, I think that Visa is the most popular card on the net (and I also have Visa card) :D
However to my mind ikobo can lose some customers or some of them may start using one more payment processor if Master Card problem is not solved.

[dorian]

I'm sure they're quite aware of this and that's why they're working on it. From what I understand after speaking to them on livechat it's not exactly their fault, it's more of a bank problem or something. Hopefully it will get solved sometime this month. Hopefully :)

[Doughty]

Yes, I also hope so.
And I just want to share with you some information. Probably you are already aware of this… but still… :)
I made some researches about saling limit for the merchant account. And here is what I found out.
Initially the saling limit is 1000$ per month, but if one verifies his credit card, the limit will be raised to $3000. I guess $3000 is more than enough :D

[dorian]

You're right, I did know this, but thanks for reminding me anyway. As of now, I find the $1000 sell limit to be high enough for me (guess I could do better, right). It's good that ikobo offers the possibility of raising it, but as I've said there's no need for me to do that just yet.

[Doughty]

Yes, I also think that saling limit of $1000 per month is enough. However some people may want to raise that limit.
As for me since I am just starting my business it’s more than enough. But still as I send money to my relatives, then my card is already verified and I suppose my saling limit will be automatically raised to $3000 per month. At least I think so :)