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IKobo: Somebody uses it?
Thread poster: Edwal Rospigliosi

Edwal Rospigliosi  Identity Verified
Spain
Local time: 02:27
English to Spanish
+ ...
Aug 25, 2003

Does anybody use IKobo for money transfers? How do you like the service?

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Sandra Alboum  Identity Verified
United States
Local time: 20:27
Member (2003)
Spanish to English
+ ...
I'm a little disturbed at how it works... May 2, 2004

The other day I found out in a live chat with the Ikobo folks that if I want to pay my subcontractors using I-Kobo and they are not already members, then not only do I have to pay the 4% fee on the money I send, but I (the sender of the money) am also responsible for the fees to send the recipient the card-- $20!

Meanwhile, the recipient of the money only pays like $1.50 each time he wants to take the money out.

So, if I want to send $500 to a translator in Portugal who doesn't yet have an account with Ikobo, for example, it's $20 in fees, and $20 for the card. I pay $40 for the transfer, and the guy in Portugal only pays $1.50.

While I'm all for convenience, sounds a little bit like the burden would all fall on me.


[Edited at 2004-05-02 16:50]

[Edited at 2004-05-02 16:51]


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IKobo: Somebody uses it?

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