Overseas online payment

Question

Alan25r 0 Junior Poster in Training

22 Years Ago

A company from USA wants to hire me but hey asked me to choose a form of payment. They said I can choose between ikobo.com, PayPal and epassporte. Please post here some details and features of each one of them so that I can choose knowing the facts. Also, if you have experience with one of these companies, I would really appreciate it if you would share it with me. Thank you

PS: I have to mention that I live in Eastern Europe

first-post off-topic

5 Contributors
23 Replies
462 Views
4 Months Discussion Span
Latest Post 21 Years Ago Latest Post by ice2003

Dani AI

Generated 9 Months Ago

Context: asked which option to choose (Ikobo, PayPal, epassporte). Contributors , and already shared hands‑on notes and some integration testing. The thread is useful but lacks a compact evaluation checklist and a simple testing workflow for an Eastern Europe payee. The following focuses on verifiable checks and practical steps rather than specific fee numbers (those change frequently).

Checklist to compare providers

Supported payout countries and local payout rails (local bank, SWIFT, card/ATM).
Currencies held vs payout currency and exact moment of conversion (when FX is applied).
Full fee picture: fixed fee + percent fee + withdrawal/ATM + correspondent bank costs.
KYC/verification steps and expected processing time before funds become withdrawable.
Merchant features needed (webhooks/IPN or sandbox for testing) and developer docs availability.
Dispute, refund and chargeback policies; recordkeeping and tax reporting responsibilities.

Quick cost check (use on sample invoices to compare total landed funds):

net_received = gross_amount
net_received -= fixed_fee
net_received -= gross_amount * percent_fee
net_received -= gross_amount * conversion_spread
net_received -= atm_or_withdrawal_fee

Simple merchant/freelancer workflow

Confirm which method the payer prefers and who bears fees. 2) Verify the provider accepts the payers country and desired currency. 3) Perform a small test transfer to confirm timing, conversion and hidden fees. 4) After a successful test, use full invoices, keep transaction IDs, and retain KYC documents for tax/compliance.

Note: and ’s testing comments are valuable for implementation hints; however, processor terms, exchange mechanics and local banking rules change often. Any final choice should be based on the provider’s current terms, live fee schedule and a live test transfer.

All 23 Replies

Dani 5,664 The Queen of DaniWeb

22 Years Ago

Please read the following thread:

[thread]3229[/thread]

Vinoth 0 Junior Poster

22 Years Ago

choose IKOBO , that is better than paypal.

Reply to this topic

Be a part of the DaniWeb community

We're a friendly, industry-focused community of developers, IT pros, digital marketers, and technology enthusiasts meeting, networking, learning, and sharing knowledge.

ice2003 0 Newbie Poster · Answer 1 · 2004-07-02T08:07:06+00:00

I think you should choose Ikobo. Because Ikobo will mail you a debit card named I-kard. You can use I-kard to withdraw money at any visa ATM machines. It is very convenient. I do not know epassportes. So I can not give you any suggestions regarding epassportes. As far as Paypal, we talked too much in http://www.daniweb.com/techtalkforums/showthread.php?t=3229.

Alan25r 0 Junior Poster in Training · Answer 2 · 2004-07-03T00:00:53+00:00

choose IKOBO , that is better than paypal.

Thank you but I have already signed up with iKobo :) I have some questions. What is IKobo's privacy policy and how does the Instant Payment Notification (IPN) work?

ice2003 0 Newbie Poster · Answer 3 · 2004-07-07T13:03:14+00:00

I think IPN only runs on merchant account. If customer make payment, Ikobo will email you notification regarding the payment.

Alan25r 0 Junior Poster in Training · Answer 4 · 2004-07-07T23:15:21+00:00

I think IPN only runs on merchant account. If customer make payment, Ikobo will email you notification regarding the payment.

Nice. I will try it when I am going to be a merchant. I hope this wil lhappen pretty soon :D How do I change the currency of my Sending and Withdrawal Limits?

ice2003 0 Newbie Poster · Answer 5 · 2004-07-08T14:38:31+00:00

Alan25r
You just login Ikobo and click "raise my limits". Then you can change your limits.

Alan25r 0 Junior Poster in Training · Answer 6 · 2004-07-09T02:03:49+00:00

Alan25r
You just login Ikobo and click "raise my limits". Then you can change your limits.

This has not been very helpful to me. Please be more specific. And after all, my question was about how to change the CURRENCY. Thanks. :rolleyes:

Carlson 0 Light Poster · Answer 7 · 2004-07-10T13:14:03+00:00

This has not been very helpful to me. Please be more specific. And after all, my question was about how to change the CURRENCY. Thanks.

Yeah, sure hasn't been helpful. Maybe this will help:All transactions are processed and held in USD. The initial exchange is made to USD by applying the daily Visa rate. The money is then held in USD until the withdrawal, at which point it is converted to the desired currency at the daily Visa exchange rate. You can go to www.xe.com for up to date exchange rates.

ice2003 0 Newbie Poster · Answer 8 · 2004-07-11T13:24:02+00:00

ice2003 0 Newbie Poster

22 Years Ago

yes. What Carlson said is right.

Carlson 0 Light Poster · Answer 9 · 2004-07-12T17:03:48+00:00

Of course I am. I always do my homework when it comes to my money. If anyone else has any related questions feel free to post them. As you can see I'm doing my best to answer them, what can I say, I'm a nice person, I suppose it's a curse. ;)

Alan25r 0 Junior Poster in Training · Answer 10 · 2004-07-12T17:30:43+00:00

Yeah, sure hasn't been helpful. Maybe this will help:All transactions are processed and held in USD. The initial exchange is made to USD by applying the daily Visa rate. The money is then held in USD until the withdrawal, at which point it is converted to the desired currency at the daily Visa exchange rate. You can go to www.xe.com for up to date exchange rates.

Thanks. I received a Money Request. How do I pay it? Is there any special procedure that I should follow ?

ice2003 0 Newbie Poster · Answer 11 · 2004-07-12T20:17:10+00:00

I have not met the situation that request money. So I want to know how to process it too.

Carlson 0 Light Poster · Answer 12 · 2004-07-14T23:26:54+00:00

Thanks. I received a Money Request. How do I pay it? Is there any special procedure that I should follow ?

A money request means that someone wants you to send them money. You are not forced to perform this transaction, really, you don't have to pay if you don't want to. However, if you would like to make this transfer you can by logging in to your ikobo account and adding the person as your recipient to then send the requested amount.

ice2003 0 Newbie Poster · Answer 13 · 2004-09-22T14:49:55+00:00

A module written for Ikobo was released. It can be integrated into OSCommerce. That means you can add ikobo paymen option into your OSCommerce system. That is the link if anyone interested in.

Carlson 0 Light Poster · Answer 14 · 2004-09-22T18:18:12+00:00

Well, that's not the only one. There's another one, which is even better. It has a working demo of the ikobo shopping cart and people have starting using it. For example people in this thread http://forums.oscommerce.com/index.php?act=ST&f=20&t=111522. It's still in testing phase but it's working.
Anyway, the link to the module is:
Hope it helps.

ice2003 0 Newbie Poster · Answer 15 · 2004-09-23T07:42:50+00:00

Great. It is what I need. The new module is developed so quick. It seemes that there are many guys work on it and many people begin to use Ikobo. Anyway it is a good thing for us existing ikobo user.

Carlson 0 Light Poster · Answer 16 · 2004-09-23T13:46:37+00:00

I'm glad to have helped you... I'm not sure whether there are many guys working on this, or just one really smart guy; the end result is what's important and that is that ikobo is catching on. Has anyone used this module so far? I think I'll give this a try myself.

ice2003 0 Newbie Poster · Answer 17 · 2004-09-24T12:59:42+00:00

Yes. I want to test it too. I have downloaded OSCommerce and Ikobo payment module. After I test it, I will let you know.:cool:

ice2003 0 Newbie Poster · Answer 18 · 2004-09-30T09:04:19+00:00

Carlson vbmenu_register("postmenu_55042", true); I have tested it. It runs well. I have not met any problems. I am satisfied with it.:cool:

Carlson 0 Light Poster · Answer 19 · 2004-10-01T14:52:29+00:00

OK, I see, thanks for letting me know. It's good to see that more and more people are using this with success. I do have a question however, how did you manage to transfer those extra variables with information about your every customer?

ice2003 0 Newbie Poster · Answer 20 · 2004-10-12T14:14:12+00:00

This issue is not a problem anymore. The new version of OSC ikobo module will have IPN and also prepopulated address fields features. :)

ice2003 0 Newbie Poster · Answer 21 · 2004-10-15T14:13:08+00:00

Do you guys know any e-stores which have Ikobo payment option. Although Ikobo is getting more and more popular, but I do not know any websites which adopt Ikobo. Can you guys share your knowledge with me?

Overseas online payment

Dani AI

Recommended Answers Collapse Answers

All 23 Replies

Recommended Answers