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Nochex

Nochex is an Internet business similar to PayPal in that it allows the transfer of money between people over the Internet. Nochex is more popular for large transactions, as unlike Paypal, which charges you a percentage of the amount of money transferred, Nochex only charges £1 to move money between your bank account and nochex account. Like PayPal, Nochex's primary uses for payments on websites or online auctions.

The charges are less then that of paypals – just 2.6% to receive payments (plus 20p) and free to send.

Unlike Paypal – Nochex sellers are protected from chargebacks (terms and conditions apply), plus money received is instantly available to withdraw to your bank account.

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