Skrill Wallet Currency

Skrill Moneybookers To Bitcoin

• Skrill Money Transfer
• Skrill Digital Wallet

For buy bitcoin with Skrill moneybookers follow this step : 3 Put in Recipent email : [email protected] and on Add message your wallet address * Minimal amount for exchange is 10 EUR/GBP ** You can change up to 500 EUR/GBP for one person(purse) duaring 24 hours via this form. ***If you have larger amount please contact our support team for manually exchange. Thank you. Usually the exchange takes 30 45 minutes, guaranteed 24 hour time. If you didnt get money please contact our support team. Convert Skrill to Bitcoin Exchanger Skrill to Bitcoin Skrill to bitcoin converter Convertir Skrill en Bitcoin Echanger Skrill en Bitcoin Sell Skrill to Bitcoin Buy Bitcoin with Skrill Euros to Bitcoin Convert moneybookers to Bitcoin Exchanger moneybookers to Bitcoin moneybookers to bitcoin converter Convertir moneybookers en Bitcoin Echanger moneybookers en Bitcoin Sell moneybookers to Bitcoin Buy Bitcoin with moneybookersDollar to bitcoin BTC EUR to BTC USD to BTC GBP to BTC SEK to BTCContinue reading >>

Exchange Btc To Skrill Usd

Buying Bitcoin with Skrill on Bitpanda is quite straightforward. First, click Deposit up the top right of your homepage. Next, select the currency you wish to deposit. For this walkthrough, we'll deposit Euros. Next, you'll select the deposit method. Skrill - Fast, secure online payments. Is registered with FinCEN and holds licenses in various U.S. Safe 2 Wallet: Best buy, sell and exchange service provider in India. You can buy, sell and exchange paypal, neteller, skrill, paytm, UPI, etc. Deposit money on. When Skrill Works. As a one stop shop for fast money transfers, multi currency account, crypto.

The table below contains the current exchange rates for the conversion direction BTC to Skrill USD. Exchangers with the most favorable exchange rates will be at the highest positions on the list. The lower the position of the exchanger, the worse the rate. Click on the exchanger's name to proceed. You will be redirected to the exchanger's website. You're also welcome to watch our step-by-step video tutorial on how to use OKchanger . The total number working with the Cryptocurrencies BTC Skrill USD exchangers direction is 5 reliable exchangers. Total reserve in exchangers: 26729.0539 Skrill USD . More about exchanging BTC for Skrill USD You can exchange BTC to Skrill USD with the help of any exchanger shown on the list. If you're using OKchanger for the first time or you have any doubts or difficulties, please check out our FAQs before you start exchanging. Note: you can get better exchange rates for currency pair BTC to Skrill USD by getting forwarded to the exchanger's website from OKchanger rather than by visiting the exchanger's website directly. If you have trouble exchanging currencies on an exchanger website, please contact the exchanger's support service. If you couldn't exchange BTC to Skrill USD with the chosen exchanger service, please let us know as soon as you can. We will take appropriate action by requesting the exchanger to cooperate and investigate the issue, or we will remove the faulty exchange service from our list until the issue is fixed. Despite the fact that we thoroughly vet each of our business partners, please keep in mind that all businesses that are listed on OKchanger are independent and in no way legally related to OKchanger. The verification system can not guarantee that all listed exchangers are absolutely trustworthy. You should alwaysContinue reading >>

Coinimal.com Adds Skrill As New Global Payment Provider

Coinimal.com adds Skrill as new Global Payment Provider Austrian cryptocurrency broker Coinimal is the first and so far only bitcoin merchant to integrate with Skrill - one of the largest digital wallet providers in the world. Coinimal has added another major payment provider to their list of options. Customers can now buy bitcoin and cryptocurrency via Skrill, and receive payments in the same way when they sell cryptocurrency. Skrill maintains an emphasis on low-cost and international money transfers, making it the perfect option as a fiat gateway for a cryptocurrency business. Since launching in 2002 and rebranding in 2011, it has become one of the largest and most popular e-wallet providers in the world. Earlier this year Skrill was bought by rival Neteller - another payment option offered by Coinimal - for 1.1 billion becoming a part of the Paysafe Group. The addition of Skrill to the Coinimal platform expands the already extensive list of options for funding and withdrawals, and opens the door to a raft of new markets. Skrill allows customers to send and receive money in 41 different currencies and supports a number of major credit cards. 'We are very pleased to be able to announce that we are partnering with Skrill,' stated Coinimal Co-CEO, Eric Demuth. 'European customers can buy bitcoins instantly using Skrill, and they can receive payouts via Skrill when selling bitcoin from anywhere in the world.' Coinimal is the first and currently the only crypto merchant to have integrated with Skrill, reflecting and reaffirming its status as one of the foremost bitcoin brokers in Europe. The partnership was negotiated on the basis of Coinimal's strong track record of compliance and exemplary performance in terms of KYC (Know Your Customer) regulations. Co-CEO Eric DemuthContinue reading >>

Gpu Bitcoin Mining Chart Buy Ethereum With Skrill

Gpu Bitcoin Mining Chart Buy Ethereum With Skrill Cryptocurrency was developed with the main idea to assist businesses in building decentralized applications, precise applications for mobile devices. Mining is a process of solving mathematical problems within the network and as a reward miners are getting Bitcoins. Smaller pools offers less frequent but larger payments. How Does Ethereum Work? Cryptocurrency market is very volatile, unstable, with the minute to minute changes in price. It is blockchain based decentralized protocol, created with the main idea of making digital finance world easier with the blockchain and distributed storage technology. Another good cryptocurrency is Litecoin. This year, like Commands the next is application Coment, then raises extremely difficult again, a hand in, so it's ground contract authority to beforeseen wealth to dash. When it comes to the security question, Cardano is being compared to the Bitcoin because the latter has never been hacked. Even you probably know, mining Bitcoin from home is literally impossible, but there are some altcoins beside bitcoin that can be mined through traditional way of mining, with your own GPU or CPU. Many people said that will be decisive year, especially because institutional fund will start to invest in cryptocurrencies and that will change our traditional economy. Many experts are just waiting for its boom. I think that time Gpu Bitcoin Mining Chart Buy Ethereum With Skrill show us answer to the question in title, so we need to wait to see which cryptocurrency is going to explode and replace the Bitcoin. Ripple is complete opposite from Bitcoin when it comes to the control, it is owned by the company with the same name, Litecoin Mining Hardware Calculator Bitcoin Cryptocurrency Explained meansContinue reading >>

Bitcoin To Skrill Instant Cashout Exchange

Bitcoin to Skrill Cashout Instant Exchange Skrill formerly known as Moneybookers is an e-commerce business which allows payments and fund transfers to be made online. Skrill focuses on low-cost international money transfers. It is a registered United Kingdom company registered as a money service business that is regulated by the Financial Conduct Authority. It is owned and operated by skrill limited. It is an online wallet that can be used to trade, spend money online, shop and receive funds. With skrill, your transaction is instant. Bitcoin is the first and most popular currency in the digital world today that can be used to pay for goods and service. It functions like real money but used on the internet. It is a digital currency that is not printed and will never be. No one has control over it and it is held electronically. Bitcoinscashout is the answer when it comes to exchanging bitcoin to Skrill. Bitcoinscashout is a registered UK company whose service is safe, secure and fast. If you have bitcoin that you need to be exchanged to Skrill, all you need to do is to register and send your bitcoin and skrill information, once your information is processed, the equivalent rate in Skrill will be deposited to your skrill account instantly. We have been in this business of exchange bitcoin to Skrill for years. Our service is safe, reliable, and fast. We are customers friendly that is why we do everything within our best to process your transaction instantly. With Bitcoinscashout, we assure you that you will have a happy service rendered; you will be safe, secure and feel good with our automatic system. Withdraw Bitcoin to your Skrill USD Account DirectlyContinue reading >>

Skrill Withdrawals Are Finally Here!

Recently, we have added Skrill to our payment methods to buy Bitcoin. Today, we are happy to announce Skrill withdrawals for Cubits users who sell their BTC. How does it work? Read below or go straight to your Cubits account . We are always eager to add new payment and withdrawal options. This way, we make it easier for our users to buy and sell Bitcoin. Until recently, you could cash out at Cubits only with a bank transfer, which took some time. Now, you can withdraw your money from selling BTC directly to the Skrill Wallet. So, what are the benefits of Skrill withdrawals? The money you transfer to your Skrill Wallet appear on your account immediately. You dont need to wait a couple of business days. You can cash out to Skrill without ID verification. Still, the name on your Cubits account should match the name on your Skrill account. You can still verify your ID if you want to lift your daily and monthly withdrawal limits. With Swift withdrawals, you pay 8 EUR of fees, and with SEPA, you pay 1.30 EUR. For Skrill withdrawals, its 1%. Now you can select which way to cash out is the most beneficial for you. You dont need to be from the EU or from one of the IDnow-supported countries to withdraw your money to Skrill. All you need is to have a Skrill account. ! Please note that we dont offer services to the US residents at the moment. How to sell Bitcoin to your Skrill Wallet Its really fast and simple. If you have a Skrill account, you can choose it as a cashout method. To sell Bitcoin using Skrill, just follow the steps: 1. Log into your Cubits account and go to the SELL BITCOIN tab. 2. Enter the BTC amount that you want to sell. 3. Choose Skrill from the list of ways to cash out. If you have bitcoins then bitcoinscashout.com is the place where you can convert your bitcContinue reading >>

Exchange Skrill Usd To Bitcoin (btc)

The total number working with the Skrill USD Bitcoin (BTC) direction is 1 reliable exchanger. Total reserve in exchangers: 0.09 BTC. Average exchange rate: 10 932.6533 The BTC/USD official rate from BlockChain for today is 7 770.3579 Some of the exchangers presented here have additional commissions that are included in the rates in case of calculating an exchange for the sum of 8000 USD. To calculate the best exchange for your sum, use the Calculator feature. All exchangers specified in the list provide the service of exchanging Skrill USD to Bitcoin automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process. Keep in mind that change rates Skrill Bitcoin can be better when you go to an exchange site from the BestChange.com monitor than when you visit exchangers in a regular way. If you cannot find how to exchange the money after you go to the site, contact the exchanger operator (administrator). It is quite possible that no automatic exchange Skrill USD to Bitcoin is available at the moment and your exchange will be processed manually. If you fail to convert Skrill (Moneybookers) to Bit Coins in the exchanger you got interested in, let us know about it so that we can take the necessary measures in time (discuss the problem with the owner or exclude the exchanger from this exchange direction). You can also visit our forum in order to view offers about manual exchange from our other visitors. You can trust all exchangers listed here. The BestChange.com monitoring service contains only reliable exchangers verified by our administrator. All of them have high business levels, good reserves and enough experience in the exchange business. Before yContinue reading >>

Buy & Sell Bitcoin And Ethereum Bitpanda

Security is our highest priority. To guarantee the highest level of security for your account, we are using state of the art technology and security standards. With strong API-applications, high-end servers and a real-time, fully automated order system, we are able to provide you with 24/7 service and a secure environment to make your first steps into the crypto world in the best way possible. BitPanda was designed to provide you with the easiest and fastest access to Cryptocoins. With BitPanda you can order your coins in less than 2 minutes.Continue reading >>

How To Buy Bitcoins With Skrill?

To buy bitcoins with Skrill, first of all you need to deposit funds from your Skrill account to your SpectroCoin wallet. To do that find 'DEPOSIT' in the top menu and then navigate to 'Deposit EUR or other currency'. On the following page, select your country, currency you prefer to receive your deposit in and finally select the sum of money you want to deposit. After that scroll down to 'E-money' section and select 'Skrill' option. (Note: Skrill deposit range is 1 1000 EUR). You will be forwarded to Skrill website, where you need to login to your Skrill account and when you're in just click 'PAY NOW', you will be redirected back to SpectroCoin and the deposit will instantly be inscribed into your account. Once that's done, go to 'EXCHANGE', select Pay Currency as the currency you deposited in and the Receive Currency is bitcoins (BTC). Input the exchange amount click on 'EXCHANGE' and click 'CONFIRM' after checking your transaction details. That's it, you've made a Bitcoin exchange with money from Skrill!Continue reading >>

Don't Send Bitcoins To Your Skrill Account

Don't send Bitcoins to your Skrill Account I want to tell you what happened to me when I tried to top up my Skrill balance by using bitcoin. A few days ago I saw skrill is offering bitcoin as a possible deposit option now, so I gave it a try: I sent 50 to my account and everything seemed to be fine. The amount became available after 6 confirmations of the btc transaction and it was added to my 'available balance', too. After this I went to a local ATM and tried to cashout 40 using my skrill prepaid mastercard, without success.. I went to an ATM of another bank but still no cashout possible.. 'Using this service isn't possible with your card.' I signed in to my Skrill account using my smartphone and checked if everything was okay. I couldn't find any issue so I contacted the Skrill support via email and got the following answer: 'Bitcoin deposits can be used immediately for transfers to Skrill merchants or transfers to other members. Bitcoin deposits cannot be used for purchases or withdrawals using your Skrill Card. Bitcoin deposits are not refundable. You already got this information when you did the transaction.' If I can't use it with my Skrill Mastercard, why is the deposited amount mixed with the other balance? How can I say that I want to use the amount topped up by bitcoin in a default skrill payment instead of the amount I topped up another way? There's no way to see only the amount which is available for the mastercard?! I really feel cheated by Skrill and I want to warn other users this way. Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it. Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal inContinue reading >>

Blockchain To Skrill Cryptoexchang.com

Sell Bitcoin for Skrill, Bitcoin to SkrillExchange Looking for the best Bitcoin Exchange to whom you can TRUST? Then why not to give us a try. We at cryptoexchang provide the most convenient services for bitcoin exchange. We have all the options that you want for getting your bitcoin exchange currency. You can sell your bitcoins for skrill with cryptoexchang. Yes, you heard the right!. Bitcoin is the new fastest-growing e-currency. Now you can enjoy the payments from the bitcoins. The currency can be secure before the introduction of Cryptoexchang. The Bitcoin is the latest new level of e-commerce. You can use the exchange currency to send and receive money all over the world. You can send out it to your friends and family in the hour of their need. How to exchange bitcoin for skrill with cryptoexchang? Well, your question is right, and for that, we have the right answer. To get your fast instant payments with bitcoin exchange, our system is the simplest and the faster. Our calculator shows you the current bitcoin rate, fee and the money you will get from the bitcoins. You just need to provide your skrill account details. On the cryptoexchang , you need to login to your cabinet and need to check the order page. Here you will find all the details that are required to place your order for the exchange. You will find a bitcoin address of our company. Please fill the form with care and correct information. We accept your order usually after the process of 3 confirmations in our best bitcoin network system. The whole process usually takes 10-15 minutes. We will instantly send the money to your skrill account. Our aim is not to find the customers, but to make our services the best that the customers attract to! We are the best exchange company of professionals who are workinContinue reading >>

Lorenzo Pellegrino, Ceo Of Skrill, Neteller & Income Access Joins Helbiz As Anadvisor.

Helbiz is a transportation & payment ecosystem consisting of P2P car sharing platform Helbiz and digital wallet and payment infrastructure HelbizPay. Lorenzo Pellegrino, CEO of Skrill, NETELLER & Income Access joins Helbiz as anadvisor. Helbiz is pleased to announce that Lorenzo Pellegrino, CEO of Skrill, NETELLER & Income Access, some of the leading online payment processing solutions, is joining Helbiz as anadvisor. Lorenzo Pellegrino brings over two decades of experience in the payment sector as CEO of Skrill, NETELLER & Income Access. Pellegrino will play a key role in constructing the payment processing and second layer payment protocols of Helbiz, building the bridge between traditional blockchain application, cryptocurrency and mainstream payment processing, an essential part of Helbiz road to mainstream success. Mr. Pellegrino is an excellent addition to the team and a key component for the successful execution of the Helbiz vision. In order for Helbiz to become trusted and reliable part of our daily lives, it is crucial that we optimize and automate the entire process from booking to driving to payment, with no room for errors nor slow speed, Pellegrino as one of the leading executives and visionaries within the payment sector will allow us to do just that. His industry insight and expertise will allow us to redesign and merge classic FIAT currency payments and processes with blockchain, utilizing the advantages of both, as well as building new payment protocols on the Ethereum blockchain, an essential part of enabling users to book, pay and drive within seconds Lorenzo Pellegrinos expertise will be essential to adapt to the challenges of a complex global peer-to-peer rental operation, without manual involvement or intermediaries, while providing users with aContinue reading >>

4 Ways To Buy Bitcoins With Skrill Fast And Secure (2018 Updated)

You are at: Home 4 Ways to buy Bitcoins with Skrill Fast and Secure (2018 updated) 4 Ways to buy Bitcoins with Skrill Fast and Secure (2018 updated) The following tutorial explains how to purchase Bitcoins using your Skrill account Much like Paypal, Skrill is an e-commerce business that allows you to pay through the web. It was formerly known as MoneyBookers and today it supplies services for individuals and businesses as one. Since Skrill allows buyer protection for its users it is fairly hard to find places that will allow you to buy Bitcoins with Skrill because of the possibility of fraud . However there are some exchanges that allow you to buy Bitcoins with Skrill. These exchanges are aware of the risk of fraud and will usually charge a premium for this service. Here are the top 4 options available today (2017 updated). Buy Bitcoins with Skrill through BitPanda BitPanda is an online exchange that accepts Skrill as a payment method. While logged into your account just go to Buy and make sure to choose Skrill as the payment option. The only downside is that you cant see how much youll be paying in fees directly. The fees are already incorporated inside the final amount. Usually the Fee BitPanda takes for Skrill is around 4%. This is the lowest premium I was able to find on the market. BitPanda accepts customers mainly from Europe. Using Virwox (the Virtual World Exchange) it is possible to obtain Second Life Lindens and then sell them for Bitcoins. You will first need to open an account at VirWox . After youve finished the process you will be emailed your initial password make sure to change it. When opening an account you will be asked for your avatar name you do not need to enter anything, just leave it at no avatar. Once finished you will now need to fund your accContinue reading >>

Skrill International Payment System Is Available On Exmo

Skrill International Payment System is Available on EXMO The EXMO cryptocurrency platform announces the integration of the globally recognized payment system - Skrill. The platforms users have been enabled to make deposits to their accounts on the exchange in USD, EUR, PLN via Visa and MasterCard with immediate effect. The Skrill payment system is being recognized worldwide due to its high level of security and the rapidity of its transactions. Today we are happy to announce about the integration of the Skrill payment system, which has been included to the TOP world payment system. From now on the platforms users can buy cryptocurrency for dollars (USD), euro (EUR), and Polish zloty (PLN) via Skrill. Rapid Transfer, a secure online payments method, is a core feature and key advantage of the Skrill system, says Ivan Petuhovskii, co-founder of the EXMO platform. What is special about Rapid Transfer? The user data is never saved anywhere and is always encrypted by the bank, at which the users account are opened. Consequently, the transactions within Rapid Transfer system are distinguished by the highest degree of security. The use of Skrill provides a range of benefits, these are: Wide range of methods to credit the Skrill wallet; Immediate Wallet crediting on the platform from your personal bank account, without leaving the EXMO site. EXMO strives to maximize the quality of its services for its regular users. This is why the TOP-cryptocurrencies, as well as the deposit/withdrawal instruments for fiat currencies will be integrated to the platform in the nearest future. Update information about the changes on the platform is available on the official website, the News page, as well as on the social media channels: Telegram , Twitter and Facebook . More than 1 mln users worContinue reading >>

Skrill Into Bitcoin Ethereum Moon Browser

Skrill Into Bitcoin Ethereum Moon Browser Bitcoin miner s7 Bitcoin hard fork plan Bitcoin fork visualization Cryptocurrency to mine Bitcoin atom coinmarketcap Bitcoin payout address electrum Bitcoin lightning testnet Bitcoin buy laptop Neotox bitcointalk Bitcoin analysis price Buy Binance Powr How To Send Monero From Poloniex uae Bitcoin illegal in japan. Bitcoin was the first cryptocurrency ever so all other cryptocurrencies are very similar to Bitcoin, they are all distributed public blockchain networks. Bitcoin is not Skrill Into Bitcoin Ethereum Moon Browser. It is based on the Skrill Into Bitcoin Ethereum Moon Browser economic law, buy when the price is low, sell when price goes up. Hardware wallets are different to software wallets in that they store the How To Send Usd To Poloniex Crypto Blockchain private key offline on a hardware device such as a USB. Ethereum is these days second most popular cryptocurrency beside Bitcoin. It's how we did it. Blockchain security methods are different. Cons Lost significant customer-base due to reports of user withdraw issues and lack of Label Neo Binance Poloniex Enter A Valid Date Of Birth support Requires vetting while most other non-fiat crypto exchanges don't Not possible to deposit fiat currency. They have a super user friendly interface which is ideal for beginners. People complete mining in return for money, and each computer which fulfils the mining process can earn a reward in digital money and brand new coins. Another popular option for US citizens is CryptoGo, the exchange is operational worldwide and caters for high rolling clients to beginners just looking to buy bitcoin for the first time. The main problem is transaction time and block time that are high, and the reason can be the amount of computational power bContinue reading >>

8 Things You Need to Know Before Sign Up

Selecting a reliable multi-currency account, online money transfer service, prepaid debit card or payment gateway can be pretty rewarding but challenging with so many providers vying for your attention.

In minutes, we will help you make up your mind.

Skrill is unique in the way it does so much.

On the other hand, Skrill has some great competition in all the areas it operates and we want you to know about these so you can make the right choice for your specific needs.

To help make your choice, we analyse real user opinions (including negative reviews – see below) to answer whether Skrill is a good fit for YOU (and when it isn’t).

Full Disclosure: While we aim to show you the good and the bad in every review so you can make the best choice, there are links contained in this page which are affiliate links (and while not costing you anything) do earn us a commission if you click on them and decide to use the service. In many cases we also get the opportunity to provide you with discounts and offers as part of using the link. Cheers and Thank You!

Dive in to uncover the good, the bad, and even the ugly about Skrill.

Pros

• Wide availability in 200 countries
• Both Personal and Business options available
• Ability to work with forex and online gambling accounts
• No fixed transfer fee when you send money directly to a bank account
• Send money easily to an email address or phone number linked to a bank account
• Buy and sell crypto currency
• Offers a prepaid card powered by MasterCard
• User-friendly mobile app

Cons

• Getting fully operational can be tedious
• Complex fee structure
• High currency exchange fees for “Skrill to Skrill” international transfers

The Low Down

As you can see Skrill has evolved to offer a wide range of services, including payment gateways (used for e-commerce), bank account withdrawals, international money transfers as well as cryptocurrency trading.

Partly because of this flexibility and because they are a FCA regulated way to hold funds, many of Skrill users are forex traders and online gambling customers.

They also have a multitude of ways to fund your account and can be very fast at transacting which ensures their appeal.

Skrill also goes head to head with PayPal as a payment gateway and is used by over 120,000 online merchants globally.

For individuals, Skrill also offers a prepaid MasterCard linked to your account so you can easily spend the funds in your e-wallet for online purchases, while traveling abroad (wherever MasterCard is accepted) and opt for contactless payments (within EEA country-specific limits). However, this card is only available to authorized European Economic Area (EEA) countries.

Here’s everything you need to know about Skrill.

Jump Links

1. When Skrill Works

As a one stop shop for fast money transfers, multi currency account, crypto investing and possibly a prepaid Mastercard (Eurozone only) – Skrill may be a good solution to cover many needs.

Skrill also works hard to make things easy with their user friendly online platform and supports 40 fiat currencies in over 200 countries.

Generally speaking, you can rely on Skrill in the following cases:

1.1 Sending money to friends and family: You can easily and quickly transfer funds to your friends and family with Skrill (you can even fund your transfer using a credit or debit card). In terms of convenience and user experience for smaller amounts, Skrill works pretty well.

But there are some fees you need to know about which we will address in a moment.

1.2 Prepaid debit Mastercard (for most Eurozone countries)

For many a prepaid debit Mastercard is a valuable addition but it is relatively expensive compared to their competition – Skrill charges an annual fee of €10, ATM usage fees of 1.75% and foreign exchange of 3.99%.

1.3 Freelancers and solopreneurs: Freelancers and solopreneurs can also opt for Skrill to request and receive payments. Some freelance marketplaces (like Freelancer.com) also support Skrill.

For those on their own like PayPal, you can provide your email address associated with your Skrill account to receive funds. For many this might be suitable, for others having a multi-currency account with local bank account details and invoicing functionality may be preferable.

If you are looking to get paid or pay others internationally you might also like: Top 5 Alternatives to Payoneer

1.4 SMBs: Business owners can use Skrill to create payment gateways and make mass payments.

1.5 Online sellers: E-commerce merchants can integrate Skrill to offer customers a variety of payment methods (including over 100 local payment methods, 170 direct bank transfer connections as well as an e-wallet option)

1.6 Forex trading: The Skrill account is ideal when you need to move money fast across Forex platforms worldwide.

1.7 Travelling abroad and spending online: You can use a Skrill MasterCard prepaid card to withdraw cash from ATMs overseas as well as pay for products and services while travelling (accepted wherever MasterCard is supported). Want to spend at an online store? You can do that too.

2. When It Doesn’t Work

Skrill can be a good choice for you if you want to do a number of things with one service, but if you just need a pre-paid debit card for travel or want to make money transfers, then you could do better (especially with cost).

For example, here are some of the main fees;

• Depositing Funds (Usually free if you use a bank wire transfer)
• Withdrawing Funds – Usually £4.65 GBP (5.50 EUR) or 7.5% for a withdrawal to Visa
• Domestic Transfer fees are up to 2% of the amount
• No fixed fees for international transfers, unless there is currency conversion
• For transactions involving currency conversion, Skrill adds a fee of 3.99% to their wholesale exchange rates.

We go into more details below with in our How Much Does Skrill Cost section because you can save a lot of money if you know a few things!

For example, with money transfers, the “Skrill to Skrill” service is expensive but the “Skrill Money Transfer” service there is zero-FX rate markup (normally 3.99%).

3. How Does Skrill Work?

3.1 Setting up a Skrill Account (Personal and Business Accounts)

Getting started on Skrill (opens a new tab) is a simple process but as you will see the verification process is interesting.

1. Select “Register” on their online sign up page or download the Skrill app on your iOs/Android device.

2. Enter your personal details such as First name, Last name, Country, Currency and email address

3. Set a password and click “Register now”

4. Once you log in, you’ll be asked to set up your security Pin

5. Fund your account with a deposit. (Funding your account is mandatory for account verification. Plus verifying your account means you can use their service uninterrupted and increase payment limits associated with your account).

Skrill offers the following options for funding your account:

• Bank transfer
• Debit/credit card
• Bitcoin and Bitcoin Cash
• Neteller
• Paysafecard
• Trustly
• Klarna

6. Complete the verification process by keeping the following documents handy.

Personal Accounts

A color copy of your ID (such as driver’s license or passport) and a proof of address (for example, a utility bill or a bank statement issued in the last three months).

Additionally, you may be asked for “live” identity verification, for example, by sharing a picture of you holding up your ID. You can also verify your ID by linking it with Facebook.

Business Accounts

National ID of the Skrill account creator, proof of registered company address, incorporation certificate to prove you’re a legitimate operating business (not applicable for sole-traders) and details of your shareholders and business partners on company header (signed and stamped, not applicable for sole-traders). You also have to complete a Merchant questionnaire.

If you follow the process to the tee and submit the right documents, your account can get verified within 5 minutes.

3.2 Receiving Funds

3.2.1 Personal accounts

Receiving payments with Skrill is free. There are three ways to get paid with Skrill on a personal account:

• You can easily receive money from clients or friends and family by sharing your email address registered with Skrill (no need to share financial details). This fund is deposited into your Skrill wallet and can be withdrawn into your bank account in all countries where Skrill Limited provides payment services.
• You can withdraw the money to a Visa card, although it will attract higher fees.
• You can also get paid via a direct deposit into your bank account
• Alternately, you can get paid into a number of mobile wallets Skrill has partnered with by sharing your registered phone number. These funds can then be withdrawn in your local currency at nearby money agents

3.2.2 Business accounts

• Businesses can also get paid directly into their Skrill wallets by sharing their registered email address
• Online merchants can integrate Skrill at checkout to get paid via Skrill wallet transfers, bank transfers, or by credit and debit cards

3.3 Making Payments

• If your friends, family, or vendors have a Skrill account, you can simply initiate a payment by entering their email in the “Skrill to Skrill” option in the “Send” section of your mobile or web app. The funds will be deducted from your Skrill wallet. If they don’t have an account, they’ll receive an email with quick sign up instructions. Typically, “Skrill to Skrill” transactions are ideal for domestic payments. The maximum per‐transaction limit using this option is 10,000 EUR or equivalent.
• You can opt for lightning-fast bank transfers with Skrill Rapid Transfer (supported by over 170 banks worldwide). Rapid Transfer is also a great way to deposit funds into your Skrill account instantly.
• For international transfers, you can opt for “Skrill Money Transfer,” which lets you send international payments with zero-FX rate markup (vs the 3.99% currency conversion fee on “Skrill to Skrill”)
• You can activate Skrill 1-Tap instant payments for trusted online vendors.
• You can also pay online merchants with the Skrill MasterCard prepaid card.
• Verified businesses can set up Mass Payments for up to 3000 recipients with Skrill.

4. How Much Does Skrill Cost?

It’s no secret that the fees and benefits are huge decision-making factors when choosing an online service such as Skrill.

Now, while opening (and closing) a Skrill account is free, there are numerous other charges (over and above currency transfer and currency exchange fees) that you should be aware of to avoid unexpected surprises.

But here’s the thing: although you can’t completely knock off the fees, you can save a cool bunch by signing up for their loyalty and affiliate programs: Knect Loyalty Programme, the VIP Programme (has many levels), and Paysafe Affiliates.

Here we breakdown Skrill’s complex fee structure to make it crystal clear for you (regular accounts).

Skrill Money Transfer

4.1 Deposit Fees

No matter which deposit method you choose to top up your account, you will be charged a convenience fee (except in the USA). Navigate to the “Deposit” section of your mobile or online account to check out the fees associated with your chosen top up method.

4.2 Withdrawal Fees

Withdrawal fees depend on the withdrawal option. This is how it looks like in the Eurozone:

• Withdrawal to Bank account– flat fee of EUR 5.50
• Withdrawal to VISA – 7.5%
• Withdrawal to mobile wallet – 1.45% (min. EUR 0.50)
• ATM withdrawal with Skrill Prepaid Mastercard®* – 1.75%

4.3 Fees for sending money

Skrill usually charges 1.45% of the transfer amount for sending money to another Skrill account, but this can vary by location. Direct deposits to bank accounts via Skrill are free though.

Skrill also charges a 3.99% mark up over the Reuters exchange rate if you’re using “Skrill to Skrill” for international payments. So Skrill Money Transfer may be a better option in this case (no mark up on the FX rates). If you initiate a lot of international transfers, you may want to check out our International Money Transfer Services section.

You can fund an international transfer with Skrill Money Transfer if you’re from the following countries:
Andorra, Australia, Austria, Belgium, Bulgaria, Bahrain, Canada, Switzerland, Colombia, Cyprus, Czech Republic, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Hong Kong, Croatia, Hungary, India, Ireland, Iceland, Israel, Italy, Jordan, Kuwait, Luxembourg, Lithuania, Latvia, Morocco, Malta, Malaysia, Netherlands, Norway, New Zealand, Oman, Poland, Portugal, Qatar, Romania, San Marino, Saudi Arabia, Singapore, Serbia, Slovakia, South Korea, Slovenia, Sweden, Thailand, Tunisia, Turkey, Taiwan, United Arab Emirates, and South Africa.

You can receive funds from Skrill Money Transfers if you live in these countries: Austria, Australia, Bangladesh, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, India (India to India transfers aren’t allowed), Indonesia, Ireland, Italy, Kenya, Latvia, Lithuania, Luxembourg, Nepal, Netherlands, Malaysia, Malta, Monaco, Poland, Philippines, Portugal, San Marino, Slovakia, Slovenia, Spain, Sri Lanka, Thailand, Vietnam, United Kingdom.

4.4 Skrill Prepaid MasterCard

You’ll pay €10 EUR to apply for the physical card and another €10 EUR in annual fees to hold the card.

ATM withdrawals will attract a 1.75% convenience fee anywhere in the world. Skrill doesn’t charge anything when you pay for goods and services in your country, abroad, or online with the card, but your merchant may levy a fee.

You can also hold one free virtual Skrill card with no annual maintenance fees. The cost of any subsequent card is €2.50 EUR.

4.5 Buy and Sell crypto currency

Buying and selling crypto currency will also attract a fee depending on the transaction amount. You can typically expect to pay between €0.99-1.99 EUR for transactions of €1 – €99 EUR. Transactions above €100 EUR will attract a flat fee of 1.5% of the amount.

Also note: If you don’t hold a EUR account, Skrill applies foreign exchange fees when you buy or sell crypto currency.

4.6 Account maintenance fees

Holding a Skrill account is free as long as you make at least one transaction a year. However, if you’re inactive, expect to pay about €5 EUR in maintenance fees (deducted from the funds in your account).

4.7 Other fees

Other than the service fees mentioned above, Skrill can also charge you for prohibited transactions (for example, transferring funds on behalf of a third party or using Skrill to make a cash advance on your credit card), chargebacks, reversing an incorrect transaction, etc. Some of these fees are pretty hefty (up to €150 EUR), so you should definitely read the fine print.

5. How Fast Is Skrill?

5.1 Payments

Skrill is not doing itself any favours with their fee structure, but the one thing users vouch for is the transfer speed. Both Skrill to Skrill and Skrill Money Transfer for domestic payments are pretty much instant. But sometimes this varies by country and time of payment initiation.

International transfers with Skrill Money Transfer (available for both non-existing and existing customers) and Rapid Transfer funded bank transfers usually take 2-3 business days.

Skrill also issues refunds for failed transfers pretty quickly – you can expect to see the money back in your digital wallet within 1-2 business days.

Oh and remember to keep an eye on those payment limits, which vary by country. This will be shown to you when you initiate a transfer.

5.2 Withdrawals

Withdrawal time frames also vary by country and Skrill may apply withdrawal limits to your account.

Usually, the funds take 1-5 business days to reflect in your bank account or Visa card. Don’t worry though, Skrill updates you about the processing time frame the moment you initiate a bank withdrawal.

Skrill Digital Wallet

Quick Tip: Make sure your bank account number, sort code, IBAN and/or BIC/SWIFT are correct while withdrawing if you want to avoid paying a reclaiming fee (typically €25 EUR).

6. Customer Reviews

Skrill is rated 4.7/5 on Trustpilot with over 16000 reviews, which is considered “Excellent”. Most of their customers are raving about the fast and secure currency transfer services and the intuitive app.

But you can only gauge the true merit of a service by digging deep into real customer experiences. That’s why we trawled through 100s of user reviews for Skrill on Trustpilot.

And here’s the rub: a whopping 24% of these reviews are “Poor” reviews! Whoa.

So what really went down?

We found out that most of the poor reviews revolved around their tedious verification process and unexpected account freezes when large amounts were deposited in the digital wallet.

Other than that, some people were also dissatisfied with their customer service response during the transfer process.

These issues are actually somewhat connected.

Skrill needs you to deposit funds into your account before you can go ahead with the verification. In fact, you can keep using their payment services even without verifying your account if you stay within the prescribed payment and withdrawal limit (which varies by country and can be checked under your Account settings).

But if you want to send and withdraw higher amounts, Skrill needs you to mandatorily go through the verification process. Plus, as a fully authorized and regulated financial institution, Skrill also vets transactions that they consider unusual to prevent fraud and theft (this is pretty common with regulated financial bodies).

Our advice?

Be prepared to jump through some hoops to get your shiny new regulated and potentially very useful service up and running. Don’t wait around to get verified after you sign up and read the fine print to avoid bitter experiences. Plus, it never hurts to double check your documents before submitting them for verification.

7. Is Your Money Safe With Skrill?

It’s safe to say that Skrill has done their due diligence for protecting your funds and data. Skrill is fully authorized by the Financial Conduct Authority (FCA) in the UK and the U.S. Department of Treasure’s Financial Crimes Enforcement Network (FinCEN).

Skrill relies on the same security demands as your typical high street banking service and share trading websites.

Skrill also uses a two-factor authentication method to keep your money and sensitive information safe. Apart from your personal security PIN, your account login, personal details, and transaction details are SSL protected with a 128-bit encryption method certified by VeriSign.

Lastly, Skrill never shares your bank or card details with merchants and recipients when you initiate a payment.

8. Verdict

Currency exchange with Skrill isn’t cheap and the fee structure seems geared to your convenience rather than streamlined to minimise costs.

That said, Skrill has evolved to offer a useful suite of services and those fast transfers are a potential deal maker.

Skrill addresses a gap in the market by offering a speedy and reliable and often excellent alternative to PayPal.

Essentially, it all comes down to what YOU’RE looking for in an online payment service and digital wallet.

If you are just looking for a service that does money transfers, a prepaid debit card or multi-currency account then we think you can likely do better.

Opening an account with Skrill is free and it may be worth signing up to find out whether it’s a good fit for you personally or for your business.

Happy Money!