Skrill
Payment gateways
Payment software
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- Ease of management
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What is Skrill
Skrill is a digital payments platform that provides online payment acceptance and a consumer wallet for sending, receiving, and holding funds. It is used by online businesses and marketplaces that need card processing and alternative payment methods, as well as individuals making cross-border transfers. The service supports multi-currency balances and international money movement, with integrations and APIs for merchants. Skrill operates under the Paysafe group and is commonly deployed where wallet-based checkout and international coverage are required.
Multi-currency wallet and transfers
Skrill supports holding and transacting in multiple currencies, which can reduce friction for cross-border payments. The consumer wallet enables pay-in and pay-out flows without requiring card details at every checkout. This is useful for merchants serving international customers and for payout-heavy use cases. It also supports person-to-person transfers for wallet users.
Merchant APIs and integrations
Skrill provides merchant integration options, including APIs and hosted checkout-style flows, to accept payments online. This helps businesses embed payments into web and app experiences without building all payment functions from scratch. It can support both card payments and wallet-based payments depending on region and configuration. The platform is positioned for internet-first businesses that need programmatic payment capabilities.
Part of regulated payments group
Skrill is operated by Paysafe, a payments company with multiple regulated payment brands. Group ownership can provide operational scale for compliance, risk management, and payment network relationships. For merchants, this can translate into standardized onboarding and governance processes. It may also simplify vendor management for organizations already using other Paysafe services.
Coverage varies by country
Available payment methods, wallet features, and payout options vary by customer location and merchant region. Some countries have restrictions on account funding methods, withdrawals, or product availability. This can complicate global rollouts that require consistent checkout and payout behavior. Merchants often need region-by-region validation during implementation.
Fees and FX can add up
Total cost depends on transaction type, funding method, withdrawals, and currency conversion. Cross-border and FX-related charges can materially affect unit economics for international businesses. Pricing transparency can require careful review of fee schedules and merchant agreements. Organizations with thin margins may need detailed cost modeling before launch.
Not a full payments stack
Skrill focuses on payment acceptance and wallet-based money movement rather than providing a complete commerce platform. Businesses may still need separate tools for invoicing, subscription management, tax, or advanced revenue operations. Reporting and reconciliation needs can require additional internal tooling or third-party systems. This can increase integration effort for complex payment operations.
Plan & Pricing
Pricing model: Pay-as-you-go Free tier/trial: Free consumer/business account (no setup or monthly account management fee shown); no time-limited free trial advertised. Example costs (official Skrill site, values vary by region/integration):
- Skrill Quick Checkout (credit/debit cards): 1.9% + €0.29 per transaction (example shown on multiple shopping-cart integration pages).
- Skrill Quick Checkout (alternative/US listing): 2.5% + $0.29 per transaction (region/integration variation shown on some partner pages).
- Rapid Transfer: 1.0% + €0.29 (some pages show 1.5%/1.5% + $0.29 for other integrations).
- Refund fee: €0.49 (per refund / per transaction) or $0.49 depending on listing.
- Withdrawals: €4.00 per withdrawal (some integrations); Bank transfer withdrawal for US: $5.50; Instant bank transfer: 1.5% (min USD 0.50).
- Currency conversion / FX: Skrill applies its exchange rate plus a foreign exchange fee up to 3.99%.
- Service / inactivity fee: No service fee while account active; otherwise USD 5.00 (or equivalent) monthly after 12 months inactivity.
- Other notes: Account setup, account management and fraud screening are shown as 0%/no fee on business shopping-cart integration pages; minimum fee language: fees may apply if you pay less than €10/month in processing fees; merchant/enterprise/custom pricing is available via sales. Discount options: Enterprise/volume/custom pricing available by contacting sales; rates shown vary by integration and region.
(Notes: All amounts and examples are taken directly from Skrill's official site pages for fees and business/shopping-cart integrations. Rates vary by country/integration and some pages show different example rates; merchants are instructed to contact Skrill sales for custom/enterprise pricing.)
Seller details
Paysafe Group Holdings Limited
London, United Kingdom
1999
Public
https://www.neteller.com/
https://x.com/neteller
https://www.linkedin.com/company/neteller/
