Anyone heard of them? (I saw a post here for them.)

Anyone use them?

They are going to start merchant services in April.

They are open to international clients.

According to their ad they are world wide. (But i've never heard of them, except for the one ad on WHT)

This is from the website. And this should start in April.

iKobo Merchant Account
Coming Soon!
Sell via websites, marketplaces or iKobo account
No set up or monthly fees
No transaction fees
Instant availability of funds
Proven fraud and chargeback protection
Reliable customer service
International payments all around the world
Convenient HTML interface for simple site integration
Save time and money with iKobo's hassle-free Shopping Cart

Merietta GA.

They have been around for three years. Seems like a good sign, but i'm looking for feedback.


--Well found this on a search. So far looks good.

http://216.239.53.100/search?q=cache:fRmaK3I8tHMC:quickstart.clari.net/qs_se/webnews/wed/bj/Bga-ikobo.RewO_CD2.html+ikobo&hl=en&ie=UTF-8

This one puts them up there with western union and paypal.

http://216.239.53.100/search?q=cache:7UEh99sAFjIC:creditcarddepot.freeservers.com/sendmoney.html+ikobo&hl=en&ie=UTF-8

This is the only bad thing i've found so far. But it really didn't tell me how the service was. It's more a problem with the affiliate program.

There c/s did take a couple of days to respond to my inquiry, but i'm still not put off from the service. This thread did not really clearify things.

http://www.paypalsucks.com/forums/showthread.php?fid=3&tid=292&old_block=180

Well, their fees to send money to the US and Canada are 3%. Not bad. However, their fees to receive money internationally could be up to 200%. But say you offer a plan for $10, they take 20% of that for international clients. If you sell a plan for $5 that take $2 of it.

Still not clear though whether they will make people sign up to send payments like paypal does.

I was on the website and they do make you sign up to send payments. Then if your recipient is in canada or the us they get an atm card to with draw the funds.

I am thinking of sending funds to test out the system.

The google search shows that they are not fly by night. Three years is pretty good, and they really do seem to be world wide.

They have some of the best rates also. I just want to talk to someone who's actually used it though.

Although i did read a few google threads of people who have.

I want to know how the merchant service is going to work. That's my main interest.

A merchant service no monthly, no set up. Open to international clients. And from what i'm reading they seem to be really well established. (Strange that there is not more on them at WHT, they are an American company.)

But then they have only been like western union for sending and recieving the merchant thing is only going to be new for April.

But i'm still not sure if this will also be true for the merchant account.
------------------------
How much does it cost?


Our normal rate to send money within the United States and Canada is 3% of the amount loaded ($1.00 minimum).

Some example rates are shown below:

Amount Sent Cost
$50.00 $1.50
$100.00 $3.00
$200.00 $6.00
$300.00 $9.00
$400.00 $12.00
$500.00 $15.00


Our normal rates to send money internationally (outside the United States and Canada) are:

Amount Sent Cost
$1.00-$25.00 $2.00
$25.01-$55.00 $4.00
$55.01-$105.00 $8.00
$105.01-$205.00 $12.00
$205.01-$305.00 $16.00
$305.01-$405.00 $20.00
$405.01-$505.00 $24.00

I have has 2 transactions thru them to NZ. Am waiting the card but looks good. Especially when the Merchant account come into being in April.

Originally posted by frecol
I have has 2 transactions thru them to NZ. Am waiting the card but looks good. Especially when the Merchant account come into being in April.

Please update this thread when you get them. I would love to know how the service turns out.

Their c/s desk is a little slow. Seems to take about 48hrs for a response, but i'm still interested in know how thier merchant services will work.

Originally posted by frecol
I have has 2 transactions thru them to NZ. Am waiting the card but looks good. Especially when the Merchant account come into being in April.


any news yet dude ? :) please update us

Here is a reply I got about this to my enquiry as to where my card is "It went out on the 20th of March please be patient it will get there." That was on 4th April and it still has not arrived, maybe coming by foot!! Will give it a couple more days and will start to rattle on thier cage. Will report here as soon as the next entry comes.
Col

where are you located frecol?

New Zealand and its getting cold!! You in Kuwait?? keep safe my friend

thanks dude :) the war is almost done just waiting for the annoucment saying that saddam is dead :D

regarding ikobo i'm signing up with them now and ill update the thread with my comments

Good!!

Just got this from them!!
URL: http://www.hostingnow.biz
Affiliate since: 2003-02-21 04:15:26


Total Profit:$5.00


We have deposited $5.00 to your iKobo card. Thank you


Best Wishes,


The iKobo Team

how much it cost to draw cash using their atm card from international banks/ATM machines?

$3 per transaction found it thanks :)

I'm going to try it out :) Wish me luck everyone.

$US2.00 per transaction and 4% transaction fee.

IKOBO SIGNS FIRST TWO INTERNATIONAL BANK PARTNERS

GLOBAL BANK OF COMMERCE AND INTERCOMMERCIAL BANK TO MARKET
AND SUPPORT IKOBO'S I-KARD IN 10 CARIBBEAN COUNTRIES

ATLANTA, GA, USA, ST. JOHN'S, Antigua and PORT OF SPAIN, Trinidad - Monday, April 7, 2003 - iKobo, a global online financial services company focused on international money transfer and payments, today announced it has signed two new bank partners in the Caribbean: Global Bank of Commerce Ltd based in Antigua and Barbuda and Intercommercial Bank Ltd. of Trinidad and Tobago. According to terms of the license agreements, financial details of which remain undisclosed, iKobo's local in-country bank partners will market and support distribution of iKobo's i-Kard, a prepaid, reloadable debit card used for domestic and international money transfer. The agreements mark the first time senders and recipients in these countries will be able to choose a single service that uses either local or US currency for both domestic and international money transfer transactions.

$2 + %4 per transaction? i saw its $3 at their online FAQ ?

please explain

Hi
Just got this in a email from them
Tell us how we can make the best merchant program for you. We will be giving prizes to any ideas that we implement.

At iKobo, Customer Service is most important to us. We are currently preparing to launch the iKobo Merchant Program within the next moth.

During the design and testing of the program, we have received valuable feedback from online merchants. Now we are in the features design stage, we want to customize our program to the specific needs that merchants have.

If you can provide valuable feedback to merchants@ikobo.com, we will reward any ideas implemented with special iKobo prizes and incentives.

Thank you for joining our program. We will always strive to make it your best option for payment processing.

Submit Your Ideas Now at merchants@iKobo.com
Did you know that iKobo has lowered our Money Transfer fees? We now offer a low rate of 4% to send money to and from 170 countries around the world.

iKobo "The world's fastest growing money transfer company." Send Money Now! Click Here

Hi
Just to update guys have got my card. So this looks like it has some potential

Thank you, I recently signed up with them as well, it is good to see some feedback. (I haven't had a transaction with them yet so haven't got a card.)

they refused my application saying i have high risk business which is webhosting and domain registration ! how wierd :confused:

Well that not good, Thats is all I do too, so whats that all about?? I think this smells of something sinister.

i have no idea at all, when i reach office i will copy paste their email here for clear view

I emailed them and asked them about this. We will soon see what happens if the suspend my account.

I was wondering about these people too....I might try them out....but it seems as though 2CO.com is fine for me

Ian

Well, I tried sending money, and I must say that their interface is horrible. Their web applications seems badly designed and I often find myself lost.

Their customer service never replied my e-mails (6 days to date), and I am left to fend for myself in their 'web jungle'.

However I have no choice as I am not in a paypal country...

you can use paystorm or stormpay they accept intenational customers

(please note that this post is not to say that ikobo ain't good in they're buisness despising the horrible page :p)

That site design and navitation is horrible :(

I couldn't find the info I needed to figure out how does it work for my country, within that huge mess and BADLY translated website (take couple of portuguese lessons and translate it to Standard Portuguese (not brasilian) and go there laugh :))

My problem is that... I live in Portugal and no one cares about us regarding to online payment reception

Here's some portfolio:

1) Paypal -> no widthraw availeble in Portugal

2) Momeybookers -> Seems fine but I don't think anyone in they're perfect mental abilities would send a scan of frond and back of the credit card just to send a payment... I think it should be ileagal to ask such thing if it's not already.

3) International bank transfer... Once a mate in UK was gonna send me 150pounds and I called my bank to ask fees applyed to this issue... The reply was amusing... $34 (have in mind that 150€ is arround $220) plus a 5% comition applyed over the total value without the transaction tax taken out so 5% of $220 which gives the total amount of $45 taxes.
No onder they make so many promotions to insentivate the International transfers... :rolleyes: :eek:

4) Western Union -> I can't say it doesn't works fine and I understand they have higher fees than the avrage services since it's not online payment


:bawling: Damn it's hard to set up a buisness without paying like 400£ or so to setup merchant accounts in places like worldpay.com

Best regards to everyone,
Happy buisness :)

you can use paystorm or stormpay they accept intenational customers
Pay storm charges 15%, cor credit cards.

What I hate about them is that they seem all out to advertise their bad customer service. For the slightest reason, they will ask you to contact their Customer Service, which, according to my past experrience, takes 7 days and above to give you a reply that you don't want. Then you mail them again, and while waiting, you might be just like me-- Opt for cheque instead...