iKobo Visa Prepaid card

[AzeAzeAze]

How do I receive money and/or my iKobo Visa Prepaid card?

Once someone sends you money you will be sent an iKobo Visa Prepaid card to withdraw the funds via ATM. If you already have an iKobo Visa Prepaid card, the money is instantaneously deposited once the transaction is completed.

The iKobo card is sent out via regular or express mail depending upon the option chosen by the sender. For a list of options, costs and delivery times by country, please click here.

I am a receiver receiving money from a US resident, Can I use my iKobo Visa Prepaid card for online purchases?

Yes, receivers receiving money from a US resident can use the iKobo Visa Prepaid card for online purchases.

Who pays for the iKobo card delivery and what is the fee?

The sender pays for the iKobo card to be delivered to the recipient.

The card is sent out via USPS (regular delivery) or FedEx (express delivery) depending upon the option chosen by the sender. For a list of options, costs and delivery times by region, please click here.

Do Senders get an iKobo Visa Prepaid card?

You will only receive an iKobo card if someone sends money to you.

What are the benefits of having an iKobo card?

Benefits of having an iKobo card include:

* The ability to receive money anytime anywhere.
* Easy access to your money via ATM.
* Instant transfers from over 100 countries directly to your iKobo Visa Prepaid card.
* Online access to your card information and transaction history.
* Purchasing power wherever Visa is accepted.


Can I use my iKobo card to send money?

Currently, you cannot use your iKobo card to transfer funds. A credit/debit card is the only funding option.

Sign Up Here.

[MoneyMaker]

How exactly \can we get this card?
what is ikobo?
does it work online? I mean for purchasing , not checking info and status

[AzeAzeAze]

This card is offered by Ikobo Agent ! It's an agent (the fastest) to transfer money ! when someone sends you money from paypal to your acocunt via ikobo, they send you this card to get the money in an ATM !
and Currently, you cannot use your iKobo card to transfer funds. A credit/debit card is the only funding option.

[MoneyMaker]

when someone sends you money from paypal to your acocunt via ikobo

How actuallly can that be done?

[AzeAzeAze]

Originally Posted by MoneyMaker

How actuallly can that be done?

it's similar to Xoom ! when someone sends you money to your paypal account through ikobo, they give you this credit card to get the money in an ATM !

[MoneyMaker]

Originally Posted by AzeAzeAze

it's similar to Xoom ! when someone sends you money to your paypal account through ikobo, they give you this credit card to get the money in an ATM !

No you got me wrong, I mean how can I send money to paypal through Ikobo?
You mean charge it using the creditcard? or ius there any easier way
and I dont know Xoom :$

[AzeAzeAze]

Originally Posted by MoneyMaker

No you got me wrong, I mean how can I send money to paypal through Ikobo?
You mean charge it using the creditcard? or ius there any easier way
and I dont know Xoom :$

well you just need to create an account in Ikobo, then send tell someone to create an account too, and tell him to send you money through Ikobo, they will require you to send by paypal (paypal funds) then when you will receive the money to your Ikobo account, they will send you this visa prepaid card (2-3 business days) and then you can withdraw this money by an ATM !

[MoneyMaker]

Originally Posted by AzeAzeAze

well you just need to create an account in Ikobo, then send tell someone to create an account too, and tell him to send you money through Ikobo, they will require you to send by paypal (paypal funds) then when you will receive the money to your Ikobo account, they will send you this visa prepaid card (2-3 business days) and then you can withdraw this money by an ATM !

Oh, I understood it in the wrong direction, I got it now, so I charge Ikobo through paypal, I though I use Ikobo to charge paypal

wait a min, but I still use that Ikobo card to vaerify a paypal? right? and its avaialble to all countries?

[id62000]

Send money to friends & family with the iKobo Visa® Prepaid Card.

The World leader in quick, easy and safe "person to person" money transfers. With iKobo you can pick up your money at over 1,000,000 ATMs. That's more than twice as many locations as Western Union and MoneyGram combined, and most ATMs are always open.

Send money in 3 safe and quick steps:

• Sign up with iKobo
• Tell us who to send the money to and how much
• We will ship your recipient a reloadable iKobo Visa® Prepaid Card
• Recipients can get cash from over 1,000,000 ATMs worldwide and use their card wherever Visa debit cards are accepted!

Originally Posted by James Smith

Frankly, your fees are cheaper than Western Union, and the money is transferred to a card so that money may be picked up at a bank.

Link: https://www.ikobo.com/

[AzeAzeAze]

iKobo Company Background
From Ikobo Website :

"Our goal is to make people's lives easier." - Founding vision of iKobo

Two immigrants who understood the difficulties involved in sending and receiving money internationally founded iKobo in January 2001. Two successful years later, iKobo Money Transfer is now the fastest growing money transfer company in the world - experiencing an exponential growth rate.

From the beginning the founding principles of the company have been:

Cost - Providing a valuable service at a fair price to the consumer.

Convenience - Allowing the customer to quickly and easily send money, while instantly receiving cash the moment it is sent.

Customer Service - Commitment to educating the consumer, providing live telephone support, and dedicating all available resources to ensure piece of mind when sending and receiving money. Our customer service philosophy is catering to one customer at a time.

The iKobo Money Transfer platform is designed to be the most secure platform in the world in order to prevent fraud and ensure that every customer transaction is protected. You can feel confident that your money is safe with iKobo.

The iKobo Team

Not much information is revealed, other than a feel-good description that can be best characterized as "glittering generality". The lack of information is a recurring theme across the iKobo website; in many cases, two seemingly different aspects of the site, such as "What is iKobo and How Does it Work?" and "FAQs", are identical.

The concept of iKobo’s service appears to be very similar to that of PayPal, its closest targeted competitor. iKobo’s system differs from PayPal in that the receiver is sent an i-Kard. The i-Kard is a VISA Electron/Interac card, which the recipient of funds may then take to a bank machine and make an ATM withdrawal. Because this is a VISA Electron card, it may also be used to purchase goods and service online; the recipient may alternatively elect to send money via his/her own i-Kard to other iKobo users.

The fees for iKobo services are very similar to PayPal’s; 4% ($2.00 minimum) is deducted for each person-to-person transaction, and 2.9% + $0.29/transaction is charged to merchants. Unlike PayPal, there is an additional $1.50 deducted for each ATM withdrawal and no mention of a sliding scale based on volume for merchants.

Delivery options for the i-Kard vary in price; for many countries in Europe, the i-Kard may be shipped free of charge via express delivery. However, countries such as the United States and Canada, an express delivery charge of $9.95 applies.

IKobo accepts VISA and MasterCard, but not debit card or banking information.

iKobo caps customer sending and receiving at $200 USD per month; however, these limits may be raised at the request of the iKobo user if said user sends copies of various documents to iKobo (such as a driver’s licence, utility bill, or note from a chartered bank indicating the customer’s account is in good standing.) No explanation is given as to the usage of this additional information and why it is required.