Skrill Review

Skrill (by 2013 known as Moneybookers) is an Internet payment processor (e-wallet). To registered users, Skrill enables secure payment and money receipt via the Internet in real-time. Registered users who are EU residents (SEPA), as an additional option with their account, can also benefit from the debit MasterCard card, which one can order from their account.

Skrill is one of the most popular e-wallets and payment processors that allows money transactions over the Internet or through a card. This status has been achieved due to the ease of use, security, high-speed payment, and payment via the Internet, the possibility of transferring money to friends via e-mail, a special Skrill ramp of the Mastercard card that enables payment at the ATM, payment by card in the shop, online shopping and much more.

Skrill Currency – What to Choose? Euro or Dollar?

Think carefully about the currency in which you want to open Skrill because once you make your account the currency you will not be able to change it anymore. It would be best to choose the currency you know you will use most to minimise the cost of currency conversion. For example – if you think that most of the transactions you are going to do or the things that you will buy online will be in Euros, then choose the Euro.

The excellent thing about Skrill’s account is that it offers great flexibility when it comes to payment options. Thus, you will be able to pay for your account via credit or debit cards – VISA, VISA Electron, Mastercard, Diners, American Express. In addition, you can recharge your account via a bank transfer from your bank, but also via Bitcoin, Neteller, Paysafecard bona or Paysafecard account.

It is important to note that payment options vary from country to country, which means that some countries don’t have all the cards listed above, but they still have enough. You will be clearer when opening an account because it will write to you under the “Deposit” option which options you have at your disposal. Also, for security reasons, you will not be able to use a card that doesn’t read on your behalf, i.e. which doesn’t indicate the name under which the Skrill account was opened.

Cost centres of payment by credit card is a fixed 1.9%, 1% over Bitcoin, Neteller over 3%, and more than 7.5% with the Paysafecard voucher. It is available for all countries within the SEPA area.