Skrill
Skrill
E-commerce payment business
Skrill is part of Paysafe Limited, a global payments platform. It is one of Paysafe's digital wallet brands and was established in 2001 to offer multiple online payment and money transfer services.[3] Skrill operates in more than 100 countries with the digital wallet offered in more than 40 currencies.[4][5] The company facilitates multiple payment options including card payments, bank transfers and local payment methods. The funds in a Skrill account can then be used to pay merchants and other Skrill users or converted into cryptocurrency.
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Skrill also has cross-border payments accessible to users via its remittance service.[6] The service enables users to send money to a bank account overseas using their bank card.
In 2015, Skrill was acquired by Paysafe [7][8] along with former competitor NETELLER and prepaid payment provider paysafecard.[9]
Skrill is operated by Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland,[10] for its European regulated activities. Skrill's activities outside the European Economic Area are operated by Skrill Limited – a company incorporated in the United Kingdom and regulated by the Financial Conduct Authority.[11]