I had such high hopes for you, thought you might grow up to challenge PayPal. I soon realized that you were special. Your special SMS verification lead to a number of complaints from customers who claimed they’d never received your message. Those special “ISO” country codes you used in your merchant gateway forced me to write a function with the sole purpose of converting actual ISO 3166 codes to your system. There’s also the special way you treat refunds by keeping the original transaction fees.
Then came Christmas 2004 and it seemed like everyone suddenly wanted a digital scale. Our business took off, but you were skeptical and refused a large number of transactions. Our customers sent us angry emails asking why their credit card worked everywhere else but not with us. I apologized and asked them to use PayPal instead. Almost all transactions went through just fine and none turned out to be fraudulent.
After this disappointing experience I quickly signed up with Worldpay but still kept you around as a payment option for customers who already had a Moneybookers account. Very few did. This year, only one customer used your service.
Eventually, you decided you had to change. You gave yourself a new name (Skrill). You informed me about a new inactivity fee for merchant accounts and started charging a monthly gateway usage fee. Your new name suddenly made sense: Like a whale filtering krill out of the ocean, you wanted to become incredibly fat by feeding on millions of users.
Thankfully, you made it easy to close my account. Best of luck in your future endeavours.