What is the Moneybookers Security Token?

Online Poker | estimated reading time
2010. October 26. |
Moneybookers (MB) is used by many poker players for transfers to and from poker rooms and a number of other financial transactions. Afraid of hacker attacks, however, a lot of people are afraid of creating a MB account, which fear is more or less reasonable. With the Security Token (ST), however, these attacks can be counteracted.
The ST is a hardware device with which the security of your MB account can be enhanced immensely. It “generates unique, one-time passwords to increase the security upon login to your Moneybookers account.” In every 32 seconds, it generates a new entry code which is to be given after the e-mail address and your normal password when logging in. To access this, you need to push the small button on the token, so that it displays the code for 10 seconds.

Moneybookers Security Token How it Works


Using the ST is basically vital for those who store or transfer great amounts of money via their MB account. Given its small size, it is perfectly able to be carried with you or even to be used as a keyring. To purchase it, you need to access the “Security centre” in your MB account (if it is not there, contact MB support, they will make it visible). The token costs €15, unless you are a VIP member, in which case it is free (to achieve VIP membership, you need to make transfers of at least €5,000 each month).


Moneybookers Security centre

Some additional details important to know: the token works with batteries that should not be changed. The installed source has a 5-7 years long lifespan, after which you need to contact support to let you access your account and provide another token. The same procedure is to be followed if the ST gets broken or lost.
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