Skrill

Virtual Wallet for Money Transfers & Online Payments

Make fast and secure payments with a virtual wallet. From betting and trading to shopping and gaming, Skrill makes managing your money simple.

What Is Skrill and How Does It Work?

Skrill is an e-commerce service that allows you to send international money transfers and payments quickly with low fees. It’s rated as one of the fastest-growing money transfer services operating within Europe. Based in London, the company serves more than 30 countries and nearly 120,000 users.

Is Skrill Owned by PayPal?

Skrill is one of the best-known PayPal alternatives. The major area where Skrill touts its services over PayPal is in terms of transaction costs. PayPal earns 4.5% for a merchant transaction fee while Skrill charges 2.9%.

Is Skrill Free to Use?

For any transactions involving a currency conversion, Skrill adds a fee of 3.99% to its exchange rates. The good news is that receiving money with Skrill is always free for recipients.