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PayPal vs Skrill

PayPal and Skrill are both payment receiving platforms. On a $1,000 payment you keep about $970.10 on PayPal and $955.10–$972 on Skrill, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $970.10 on PayPal and $955.10–$972 on Skrill, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer and Debit card. Only Skrill offers Crypto.
  • PayPal is the older platform — founded in 1998, 3 years before Skrill (2001).
  • PayPal is based in United States, Skrill in United Kingdom.

Which should you choose?

Choose PayPal if…

  • Keeping more of each payment matters most — its fee is lower.

Choose Skrill if…

  • You want to withdraw via Crypto.

Side by side

PayPal The most widely accepted way to get paid online - send an invoice or a PayPal.Me link and receive from almost… Visit Skrill A digital wallet long popular with freelancers and online workers for receiving and sending money internationa… Visit
Type Payment receiving like Payoneer Payment receiving like Payoneer
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees US domestic goods/services payments 2.99%, other fees vary by payment type and country Free to receive, 2.99% to send, 2.8% withdrawal (min EUR 3.50), 4.49% FX
Payout speed Standard bank transfer free, Instant Transfer 1.75% (max $25) —
Withdraw via Bank transfer, Debit card Bank transfer, Debit card, Crypto
Availability 200+ markets Worldwide
Founded 1998 2001
Headquarters San Jose, United States London, United Kingdom
Stock ticker NASDAQ: PYPL —
Popularity 68 views · 1 likes 38 views · 0 likes

Frequently asked questions

Which is cheaper, PayPal or Skrill?

On a $1,000 payment you keep about $970.10 on PayPal and $955.10–$972 on Skrill, before withdrawal or currency-conversion costs.

Where are PayPal and Skrill available?

PayPal: 200+ markets. Skrill: Worldwide.