I received an email this morning from Backlink Genius, one of the many websites that I do business with, with the email header Change of payout method in BackLinks Genius. I don’t like it when I receive emails from companies I work with mentioning a change in pay-out in the email header because it is …

BackLink Genius Dropping PayPal for Moneybookers

I received an email this morning from Backlink Genius, one of the many websites that I do business with, with the email header Change of payout method in BackLinks Genius. I don’t like it when I receive emails from companies I work with mentioning a change in pay-out in the email header because it is ALWAYS bad news.

I took a deep breath and clicked the email open…

I’m not sure if it is good news or bad news but it certainly puts my nose out of joint slightly.

The email was informing me that as of this morning Backlink Genius would no longer be paying out using PayPal and would only pay-out using Moneybookers. They did not give a reason for this sudden change.

This is something that has been happening quite a few times this month, I think this is the FIFTH company, that I am involved with, this month that has taken this exact same approach.

The reason it put my nose out of joint is because I had so much trouble and strife trying to set up my PayPal account that I’m not looking forward to having to go through it all again with Moneybookers.

Plus I know absolutely nothing about Moneybookers, are they a reliable company to trust with my money and bank account details? Do any of my readers use Moneybooker? I live in the United Kingdom and would appreciate some feedback on them. 🙂

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About Dean Saliba

Dean Saliba is a freelance writer, music lover, professional blogger, media enthusiast, dirty football player and huge professional wrestling fan who covers a wide range of subjects and niches including, making money online, traffic generating, pro wrestling, blog reviews, football, how-to guides, music, internet marketing and more.

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4 comments

  1. Hi Dean, it might be that paypal cancelled their account. There were probably high refunds and If (not saying this is the case) but IF a lot of people complained about them to PP – that might be why the would switch.

    I don’t know who owns MoneyBookers but it might be something to investigate before you put your money in their hands.
    david’s latest blog post is How I Failed With My First Rental Property And Turned It Into A Loser…My Profile

    • When I read the email my initial thought was “PayPal have closed/frozen their account” but I wasn’t sure because I had not heard of PayPal doing that to a company who pays out money instead of taking it. 🙂

      I will certainly do some research before giving Moneybookers any of my bank account details.

  2. I’ve seen a lot of sites mentioning Paypal isn’t good to use, especially when working with affiliate networking.. I’ve never had any issues, but it does worry me a bit to have to check on Paypal often, and to cash out as soon as money is received “just in case”.. I did try to sign up for AlertPay, and that one is having it’s own issues at the moment, so I will give Moneybookers and Google Checkout a look to see which ones better.

    • I have had PayPal since 2004 and I do exactly what you do, I cash out when I get anything over $50 because the two times I saved money up in the account I was hacked and the money was taken.

      Out of all the companies I work with (over 40) only around three or four of them offer other options apart from PayPal.

      I have a Google Checkout account but nobody has offered to pay me with that. 🙂