WHAT IS SKRILL?
Skrill is an online payment processor which is used and available worldwide. By using skrill users can send, receive, deposit and withdraw their cash among many other facilities.
WHAT IS AN ONLINE PAYMENT PROCESSOR?
An online payment processor is such a system which allows users to perform financial transaction digitally on the web in a safe and secure manner. An online payment processor may be providing many facilities such as sending, receiving, depositing and withdrawing cash among many others. There are a number of popular online payment processors available such as Paypal, Payza, Skrill, etc among many others.
WHERE IS SKRILL BASED?
Skrill is based and headquartered in London, United Kingdom.
DO SKRILL OFFERS A MOBILE APP?
Yes, Skrill offers a mobile app which is available for both major mobile platforms like Android and IOS.
HOW LONG HAS SKRILL BEEN OPERATING?
Skrill was founded in 2011 and earlier operated mainly as gambling site payment processor known then as "MoneyBookers". In September of 2011, it was then rebranded simply as Skrill and expanded its payment processor services as a whole. It has been operating since then successfully.
WHICH CURRENCIES DO SKRILL SUPPORT?
Skrill mainly supports currencies such as the United States Dollar(USD), EUR, PLN, and Great Britain Pound. Though it offers support for other currencies as well but these currencies are mainly used on the site for various transactions.
DO SKRILL SUPPORTS CRYPTOCURRENCIES?
Yes, Skrill supports buying and selling of up to 40 different cryptocurrencies including Bitcoin, Litecoin and Ethereum among many others. Though this feature is not available for users worldwide currently.
WHICH DEPOSIT/WITHDRAWAL METHODS ARE AVAILABLE?
Deposit Methods:
- Manual Bank Transfer:
- Credit or Debit Card
- Neteller
- Bitcoin & Bitcoin Cash
Withdraw Methods:
- Bank Account
- Credit or Debit Card
- Mobile Wallet
IS SKRILL AVAILABLE WORLDWIDE?
Yes, Skrill is available worldwide but their Paysafe card is restricted to EU countries since the Brexit.
FINAL VERDICT?
Skrill is a long-running and trusted payment processor which supports a variety of payment processors and is also available in most countries worldwide. The platform along with Neteller is run by the same Paysafe group. it supports a variety of deposit and withdrawal methods alongside being accepted by a number of online sites.
PROS:
Old and trusted
Available worldwide
Supports buying and selling of crypto
Supports extended deposit/withdrawal methods
CONS:
Card restricted to EU countries only
High Fees
Lack of supported
FINAL VERDICT:
