What is Skrill? Skrill Review

Basic Introduction

Skrill was founded in 2001 and its functionality is a strong competitor to the other popular payment system PayPal. Like PayPal, Skrill does not offer any electronic currency, but its accounts support the storage and calculation of common currency units.

Although not as popular as PayPal or WebMoney, Skrill is a very simple and easy-to-use electronic payment system for Forex brokers. It is a secure payment system that is not anonymous and complies with the UK anti-fraud law. Unlike PayPal, Skrill is available in almost all countries around the world, making it a potentially more widely used payment system.

Function

Skrill can be used for a variety of purposes such as foreign exchange deposits and withdrawals, gambling, online shopping, transfers between friends and family, foreign trade collection, etc. It covers 40 currencies and 200 countries. It can increase your conversion rate and is very convenient and fast.

Requirements for use

Skrill requires account holders to be verified by credit card, bank account or physical address confirmation. The above three methods can be used together to increase the transfer limit.

Skrill charges a payment processing fee and is very convenient for the payee and various online payment service providers.

Operation Process

1. Create an account

Create a Skrill wallet in just minutes and bring all your payment information together in one place. Choose from 40 currencies.

2. Payment

Stay in control of everything, including stored card details and your account balance, using simple, secure and fast payment methods.

3. Withdrawal of funds

Transfer funds (including winnings) from Skrill to your bank account in real time, or withdraw cash from ATM devices.

Advantages

1. Convenience

Send and receive money, store card details, link bank accounts and pay anywhere, anytime using just your email and password.

2. Peace of mind

The security of your information is our top priority. We always keep your personal and payment information safe, and our anti-fraud team protects every transaction.

3. Real-time

Skrill wallet users can send and receive money easily - all they need is an email address.

Development History

In 2015, Skrill Group was acquired by Optimal Payments Plc, owner of the Neteller payment system, from CVC Capital Partners.

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