Why LibertyReserve has so less transaction fees??
@mukulthegreat (82)
India
October 15, 2010 9:40am CST
Transaction fees in Paypal which is the most preferred payment processor is 2.4%-3.4% and in MoneyBookers its incredibly high 1.9%-7.9%. But in LibertyReserve the fess is mere 1%. Paypal has got 5 times costumers than in moneybookers still its fees is high. How could it be??
1 response
@Hatley (163776)
• Garden Grove, California
16 Oct 10
hi mukulthegreat I have not had any
fees until I got a gift from a fri end and paypal took my gift of ten dollars down to 9.63 which surprised me but it was sent to me from a foreign country so they really are a bit high for a huge corporation.wow.
fees until I got a gift from a fri end and paypal took my gift of ten dollars down to 9.63 which surprised me but it was sent to me from a foreign country so they really are a bit high for a huge corporation.wow.@mukulthegreat (82)
• India
19 Oct 10
What happened to me was more embarrassing. I asked a buddy to register under me on a site and I promised to pay 20 cents. When I paid him 20 cents, whole money was deducted in fees!! and he got 0$ WTF!! I think Libertyreserve has other business also withthis online payment processing thats why they are able to give so less fees.
