Skrill is a digital wallet and online payment platform that offers multiple online payment and money transfer services. It was established in 2001 and operates in more than 100 countries. Skrill allows users to deposit money to their accounts by card, bank transfer, or alternative payment options, and then use the funds to make payments at popular online stores, gaming sites, and trading platforms. Skrill also offers a loyalty program called Knect, where nearly all transactions can earn points that can be exchanged for rewards. Additionally, Skrill provides businesses with the ability to offer over 100 different local payment methods and payments in over 40 currencies globally, making it a versatile payment solution for businesses.
Skrill also offers a money transfer service, allowing users to easily send money to their own or someone elses bank account, credit/debit card, or mobile wallet. The service provides benefits such as the Skrill Money Transfer Refer-a-Friend program and Skrill Money Transfer Rate Alerts. Users can initiate a Skrill Money Transfer by clicking "Get started" on the dedicated page or via the "Transfer > International money transfer" section of their Skrill account. The process involves four quick steps, including selecting the recipient, entering the transfer details, reviewing the transfer summary, and confirming the transfer. Skrill Money Transfer does not allow funding using the Skrill account balance, and recipients details from previous transfers are stored for convenience.
For businesses, Skrill offers a Quick Checkout feature, which is a secure online payment gateway that allows businesses to accept credit/debit cards, wallets, instant bank transfers, cash payments, and other alternative payment methods via a single integration. The benefits of Quick Checkout include chargeback protection, support for over 100 local payment methods, simple integration, and multicurrency account access. Businesses can also benefit from enhanced fraud management and advanced reporting and analytics.
In summary, Skrill is a versatile payment platform that provides individuals and businesses with a range of payment options, money transfer services, and secure online payment gateway solutions, making it a convenient and comprehensive payment method for various needs.
