MoneyBookers, European e-wallet payment systems, reveals that it has reached five million accounts, well in advance of its schedule. Moneybookers now offers an extensive payment network and combines a money transfer service with local payments options in more than 40 countries for online shopping and transactions.

Using a Moneybookers e-wallet, money can be transferred at very low cost to anyone in the world. Even if the designated recipient does not own a Moneybookers account, the transfer can still be carried through to anyone with an email address. In this case, the recipient is notified of the deposit and given instructions for setting up a free account and claiming the payment.