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Why You Should Use Skrill


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Skrill is not your regular online payment platform. Just recently , it proved itself as one of the leaders in the banking industry, increasing growth each year of operation.

Skrill, formerly known as Moneybookers, is one of the most used online payment services.
With millions of users around the world, it’s easy to be confident about its overall security.
Skrill boasts simple, fast solutions that cater to all. Individuals, freelancers, big companies and small e-retailers all gain access to many exclusive offers, low fees, discounts and much more.

  • Skrill VS PayPal 



Skrill		PayPal
Languages7 major European languagesPractically all languages
Currencies4020
Multiple currencies per account?Only for VIP accountsUnlimited
Verification methodWithdraw small sum from your account.Deposit small sum to your account.
Registration & verification time*1 day2 days
Allowable accounts per customer12
Charges you for…Sending moneyReceiving money
Deposit feeFrom 0% to 7% of totalFree
Merchant transaction fee2.99% (+ fixed amount)4.5% (+ fixed amount)
Currency conversion fee2.99% to 3.99%Free
Cross-border transaction feeFreeFrom 0.5% to 7.4% of total
Dormant account fee€1 per month after 12 monthsFree
GamblingAllowed and encouragedRequires advance approval
Bonus to sign up for gambling?Yes, through promotions offeredUh… no!
Can be used to buy or sell “adult” servicesYes – they don't decide your personal morality for youNot if they know what you are buying or selling.
Merchant acceptanceVery few merchants currently accept payments through SkrillWidely accepted but not universally.
MasterCard Debit Card offeredAll customersOnly US customers

* Amount of time it took us to create and verify accounts during this test.  Your experience may differ.

When you offer payment via either of these services, you're also typically able to receive payment via MasterCard or Visa (and sometimes other cards) as long as you have a merchant account.  This means you do not necessarily need to have a separate payment system set up to receive credit card payments, which means you are spared the burden of PCI compliance by using these services.

Now the one really important thing you will want to think about when making your decisions is that customers will not be happy if you're not offering their preferred payment method.  This can cost you a sale.  The more payment options you can offer, the more sales you will get. Beyond the obvious PayPal and Skrill, you could even consider less well-known payment methods such as 7-eleven Smart Payments (customers can print out a voucher and take it to 7-eleven to make an over-the-counter payment, but this is not available in all countries).

The point is that all of the available payment methods have their pros and cons.  Sometimes one method may have higher fees than another method, and that causes penny-pinching merchants to select only the method with the lower fees.  This is a mistake.  It is way better to get 96% of a sale than 0% of a sale, which is what will happen if your customer departs for another site when you don't offer the payment method they want.

Just keep in mind that whatever payment methods you offer, you'll want to transfer your funds as often as possible to avoid the rare situations where your funds could be frozen while the payment service conducts investigations.

Now Create your Own account for free From Here

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