Skrill

Skrill Limited
TypePrivate
IndustryOnline payments
Founded27 July 2001; 20 years ago (2001-07-27)
Headquarters25 Canada Square, London, United Kingdom
Area served
Worldwide
Key people
Philip McHugh (CEO)
ProductsPayment gateway
Digital wallet
Prepaid card
PSP
RevenueIncrease $331 million (2014)[1]
Number of employees
2000+ (2018)[2]
ParentPaysafe Group
Websiteskrill.com

Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 which offers a range of online payment and money transfer services.[3]

Since launch, Skrill has expanded to operate in more than 120 countries with the digital wallet offered in 40 different currencies.[4][5] Customers can upload money to their Skrill wallet using various payment options, including by card, bank transfer and a number of alternative payment methods. The funds can then be used to pay merchants, other Skrill users, or transferred into cryptocurrency.

Skrill also offers cross-border payments via its remittance service, Skrill Money Transfer.[6] The service enables customers to send money to a bank account overseas using their bank card. In 2015, Skrill was acquired by the Paysafe Group [7][8] along with former competitor Neteller and prepaid payment provider paysafecard.

Skrill holds a number of licenses enabling it to offer its services in Europe and globally. Skrill is operated by Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland,[9] for its European regulated activities. Skrill's activities outside of the European Economic Area are operated by Skrill Limited – a company incorporated in the United Kingdom and regulated by the Financial Conduct Authority.

  1. ^ "Proposed acquisition by Optimal Payments of Skrill to create a leading global player in online payment and digital wallets services" (PDF). Retrieved 26 March 2015.
  2. ^ "About Us". Paysafe. Retrieved 5 June 2019.
  3. ^ "Skrill Holdings Limited: Private Company Information". Retrieved 26 March 2015.
  4. ^ "E-Wallet Comparison: Skrill serviced countries list". Retrieved 29 January 2021.
  5. ^ "Sending money with Skrill made easier than ever with new send to phone number feature". Retrieved 29 January 2021.
  6. ^ "Skrill Money Transfer Review: Is it safe? How does it work? What are the rates?". Retrieved 29 January 2021.
  7. ^ "Board of Directors". Paysafe. Retrieved 1 February 2019.
  8. ^ "Skrill taps football legend to publicise its prepaid Mastercard Skrill prepaid". Cards International. Retrieved 30 April 2020.
  9. ^ "Skrill Account Terms of Use". Retrieved 29 January 2021.

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