Skrill is a leading online payment system that allows users to send and receive money globally, make online purchases, and manage funds securely. Launched as Moneybookers in 2001, Skrill is now one of the most trusted e-wallet services, offering low fees and fast transactions. It is widely used in industries like e-commerce, gaming, forex trading, and online casinos.
Skrill supports over 40 currencies and operates in more than 120 countries, making it a versatile choice for individuals and businesses. It offers features such as instant money transfers, a prepaid card, and integration with various platforms.
Founded in https://nongamstop-sites.com/skrill-casinos/ 2001 in the UK, Skrill quickly grew to become a popular digital payment solution. In 2013, it acquired Paysafecard, expanding its services further. In 2015, Skrill was acquired by the Paysafe Group, which also owns Neteller and Paysafecard.
Today, Skrill is licensed by the UK’s Financial Conduct Authority (FCA) and is widely accepted across industries. It remains a top choice for online transactions, particularly in the iGaming and forex trading sectors.
Skrill functions as an e-wallet that allows users to store funds, transfer money, and make online payments. Users can link their Skrill account to their bank account, credit/debit card, or crypto wallets.
Opening a Skrill account is a simple process:
Skrill requires users to verify their identity to prevent fraud and comply with regulations. The verification process includes:
Skrill accounts have different limits based on verification status. Unverified accounts have lower transaction limits, while verified users can enjoy higher limits and additional features.
| Account Type | Deposit Limit | Withdrawal Limit |
|---|---|---|
| Unverified | £1,000/month | £500/month |
| Verified | Unlimited | Unlimited |
Users can fund their Skrill account through various methods:
Skrill offers multiple withdrawal options:
The Skrill Prepaid Mastercard allows users to spend funds directly from their Skrill account. Key benefits include:
Businesses can integrate Skrill as a payment gateway, allowing customers to pay securely using various payment methods.
Skrill is compatible with Shopify, WooCommerce, and Magento, making it a great choice for online stores.
Developers can integrate Skrill’s API to enable seamless transactions.
Skrill employs 128-bit encryption and anti-fraud measures to ensure user security.
Users can enable two-factor authentication (2FA) for added security.
Always verify emails and avoid phishing attempts.
Skrill charges a 1.45% fee for transactions.
Currency conversion incurs a 3.99% fee above mid-market rates.
Accounts inactive for 12 months are charged £5 per month.
Skrill offers VIP levels such as Bronze, Silver, Gold, and Diamond.
Users need to transact over €6,000 per quarter to qualify.
VIP users enjoy reduced fees, priority support, and higher limits.
Skrill offers lower fees than PayPal but is less widely accepted.
Both are similar, but Skrill has broader accessibility.
Skrill is ideal for forex traders and online gaming, while PayPal is better for general e-commerce.
If you need a fast, low-cost payment solution, Skrill is an excellent option.
As digital payments grow, Skrill is expected to expand its services.
