Nochex was the first ever online payment facility I signed up for. When I first started buying on the Internet I was buying horror movies, not the common or garden scary movie. But Japanese Horror (which nobody in the UK touched) and italian movies that were banned here in the UK. I was cautious ... Read review
Advantages: Great Easy Instant payment, plus quick transfer to your bank Disadvantages: People seem scared to use it.
Nochex was the first ever online payment facility I signed up for. When I first started buying on the Internet I was buying horror movies, not the common or garden scary movie. But Japanese Horror (which nobody in the UK touched) and italian movies that were banned here in the UK. I was cautious at first but signed up, the process was very simple.
Within a week, I had DVDs coming from all over the world, it was great.
... ...Nochex offered an instant pay system, for a small charge you could sign up to receive instant payments from anyone with a UK based credit or Debit card. They do not need to go through an annoying process of veryfying funds taken from a bank like paypal do. (obviously to sign up and receive money you do) This included all the ones that everybody forgets like solo and electron. In actual fact, you were pretty much getting a merchant account, try signing ... more
Nochex was the first ever online payment facility I signed up for. When I first started buying on the Internet I was buying horror movies, not the common or garden scary movie. But Japanese Horror (which nobody in the UK touched) and italian movies that were banned here in the UK. I was cautious at first but signed up, the process was very simple.
Within a week, I had DVDs coming from all over the world, it was great.
A year or two on, I started selling on Ebay. Nochex offered an instant pay system, for a small charge you could sign up to receive instant payments from anyone with a UK based credit or Debit card. They do not need to go through an annoying process of veryfying funds taken from a bank like paypal do. (obviously to sign up and receive money you do) This included all the ones that everybody forgets like solo and electron. In actual fact, you were pretty much getting a merchant account, try signing up for a merchant account with your bank, they may want a stool sample. This to me was fantastic, so I plugged Nochex wherever I could.
From the minute you sign into Nochex it feels like your safe. Sign into Paypal and the level of checks consist of your e-mail address and password. Sign into Nochex and as well as the e-mail and password you need to verify digits from your card, and par-take in other random testing. Better still, you know with paypal some internet viewing devices store this information, for example you can type in the e-mail address and the password appears because the system is used to it. With Nochex you dont get this. It just will not allow it. One great security feature, is that if you type in any incorrect details, nochex instantly informs the account owner that someone has tried to access the account, i use a bit of jiggery pokery to get that notification sent straight to my e-mail. And tonight when I bungled my log in, within a second I got a text message warning me of potential fraud on my account. Nochex also tells you the exact IP address being used to access your account.
If you send money using nochex usually its free (some exceptions do arise very rarely), and to receive money they charge you 20p plus 2.6% which is favourable against Paypal's rates. When you withdraw funds if the amount is less than £50 they charge you 25p.
Now here is the really good part, when you withdraw funds they tell you when it will be in your bank, today I withdrew and it said that funds will be with me in my bank this coming Friday. And it will not be later, it may arrive a day early, but it has never been late.
**************************************** Spencers Tip Time
This is a little beauty and it works with both Nochex and PPPay sites but not paypal. If you know without a doubt you are going to receive a relatively large payment via either Nochex or PPPay (obviously the two sites are not compatible with each other) say for example you have a reliable client who says i'll pay you later today and you know he/she will. There is a way that you can speed up the arrival of that money to your bank, it involves you buying something, but sometimes money in an emergency may call for it.
Here is what you do, buy something between 5am-9am using your Nochex or PPPAY account, you must use your debit/credit card to do this. You dont have to buy big, my favourite is to buy some blank DVDs or a CD or something normally to the value of two to three pounds from a seller that obviously accepts the above. And then providing your big payment comes in and you have withdrawn it, a wonderfull, wonderfull thing happens. Because i'm a bit dim on the correct terminology i'll call this effect a vacuum. And the vacuum works like this:- Because you have made a debit/credit card payment the system believes this money you have withdrawn is a refund. And rather than sending the money to your bank, it returns the money to your card (even works if your card is the same as your bank, so funds will be in your bank). This takes a maximum of two days and on many occasions I have gone online and seen the withdrawn money in my bank account within the hour.
If your just getting a few pounds I would not advise it, but if you are going to receive a larger some of money, the small cost just gives you that money quicker.
*********************************************
On the whole for me Nochex really works on so many different levels, and many buyers really love the whole instantness to it. I got scammed on Paypal as some of you will know. And to me this is a safe alternative, you dont just load funds up sometimes there are additional checks, you dont get chargebacks, and a buyer cant just claim not to receive something out of spite. Finally a service that works as much for the seller as it does the buyer.
I use Nochex on all my auctions and at present 30% of buyers use it to pay, thats why i'm here now encouraging others to use this. You will also find lots of sellers use it but dont always advertise it, so its worth asking questions.
So what does Nochex have for it:-
1) Instant Easy Payments 2) Considerably Higher Security Than Paypal 3) Exact notification of date funds will be available (no will the money be there wont it scenario) 4) Lower fees than Paypal 5) Its UK based, you communicate with people in your country e-mail replies are within an hour usually (except evenings)
Compare these features with Paypal and your onto a winner.
Advantages: Cheaper than PayPal, No account required, Quick and easy, Safe from charge backs Disadvantages: People still choose to use PayPal, Fees used to be lower
Nochex.com is an online payments processor that lets you send and receive money for goods and services. Payments can be sent to companies or individuals just by using their email address. If you've ever used eBay, then you will probably be familiar with PayPal. Nochex is a similar service but only available to UK residents. THE SITE
The site has a blue, white and green colour scheme, after switching over from their previous green and white theme. ... ...is easy to register with, but like many sites dealing with money, it requires verification of email accounts, bank accounts, cards, etc, which is a bit annoying to begin with but necessary and quite standard with such services.
When I log in using my registered email and password, it asks me for the last six digits of my bank account number on the next page, which I've not seen any other site do but seems good for added security. When logged in, ...
Deru 15.10.2005
· Read full review
Ciao members have rated this review on average: very helpful Review of nochex.com
Advantages: Fast money via e-mail Disadvantages: Charges
In reply to the question above the answer is NO.
Welcome to my personal review on NOCHEX.
I started using NOCHEX about 2 years ago as PayPal were robbing me blind (i.e.) the charges.
For those of you who don’t know who NOCHEX are they are one of the biggest internet payment engines in the world. They offer the same options as PayPal (See my last review) but cheaper charges for honey handling.
-----REGISTRATION-----
The registration is as easy ... ...you would need to register with them. Normally you would need to sign up if you were to send a payment to another e-mail address. Now you don’t it makes life easier you just click on the "QUICKSEND" button from the signup tab and then you are away. If you feel that you are going to need NOCHEX for the future I recommend using the FREE account signup. That means whenever you want you can receive payments, you just sign in with your username and password ...
Sexy_Young_God 12.07.2004
· Read full review
Ciao members have rated this review on average: very helpful Review of nochex.com
Advantages: Simple way of paying/receiving money, reliable, secure website, low charges Disadvantages: Encourages on-line auction addiction
Nochex is a secure method of sending money to and receiving money from people without leaving the comfort of your PC chair (actually mine isn’t very comfortable, but that’s not the point). This is brilliant if you are an on-line auction addict like me, as you can receive your goods or money quicker. You can also use it to send money as a present, collect money for outings/collections or any other reason that instant money is required. ... ...party have a UK debit card and e-mail address, therefore it cannot be used for international payments.
•• SIGNING UP •• This is very simple. Go to www.nochex.co.uk. The site is very green, but intuitive and quick to load. Most importantly the whole time you are there you will see the little padlock of a secure site. Click on the ‘Click here to register for you free NOCHEX account’ link. You will need to give details ...
offy 19.01.2002 (23.03.2002)
· Read full review
Ciao members have rated this review on average: very helpful Review of nochex.com
Advantages: Quick, simple, fast method of transferring cash. Disadvantages: Fees involved to transfer to and from your own bank - small fees though
Nochex is quite a novel concept, yet is something that is allowed to work very well, by the very essence and speed of the online world. Whilst Egg are currently claiming to be the first people to offer an email-money facility, Nochex have been doing this very well for some time now, certainly at least since Christmas 2001, which is when I began to use the system.
Essentially Nochex and its whole concept lend itself best to those ever popular online ... ...are, in my opinion, excellent environments to make a few quid on things you no longer care to own, and of course a superb way to spend all that you earn and more!!
Taking my chosen auction site, Ebay, as an example (but the principles are same across the Internet), if you win an item, normally you’d have to write a cheque, find an envelope, find a stamp, forget to post the cheque, post it the next day, and so on! Whilst the online world is all about ...
alflavor 29.04.2002
· Read full review
Ciao members have rated this review on average: very helpful Review of nochex.com
Advantages: Easy and reliable Disadvantages: The occasional 99p fee
Nochex is an Internet based facility which enables UK surfers to buy and sell goods using an entirely electronic medium of exchange. It is aimed at those who buy and sell via the Internet Classifieds and On-Line auction houses such as QXL, E-Bay and Yahoo. It works for both buyers and sellers and allows cost free, instantaneous payments to be made between those that hold both an e-mail address and a ‘Switch’ or ‘Delta’ style ... ...open an account with Nochex by providing them with your usual details together with the details of your debit card. Your E-mail address becomes the equivalent of your account number. These details are then verified by Nochex making a small, random payment of between 1p and 99p into your bank account. You simply find out what that amount was from your bank and inform Nochex to confirm to them you have legitimate access to the account. Hey, you’re ...
shaun 10.12.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of nochex.com
