Skrill in 10 slides
A digital wallet long popular with freelancers and online workers for receiving and sending money internationally at low cost.
- Digital wallet
- Payment receiving platforms
- Based in London, United Kingdom
What you do on Skrill
How the money is made: payment tool
- A client pays you
- Money lands in your account
- Convert if needed
- Withdraw to your bank
A digital wallet long popular with freelancers and online workers for receiving and sending money internationally at low cost.
Founded 2001 · next to 52 other payment receiving platforms
Work and topics
What Skrill takes
Free to receive, 2.99% to send, 2.8% withdrawal (min EUR 3.50), 4.49% FX
From the published fees, before payment-processing, currency or withdrawal charges. Work out your own amount →
How the money reaches you
3 ways to withdraw
- Bank transfer
- Debit card
- Crypto
Can you join?
Yes, if you are 18 or older.
You have to verify your ID.
What you need
- 18 or olderMinimum age
- An ID checkBefore you can work or withdraw
- Free to joinSign-up cost
What people actually earn
Skrill's fee page says withdrawing to a bank account costs 2.80% (minimum 3.50 euros), receiving money costs nothing without conversion, and currency conversion…
Source: skrill.com ↗How it scores
Strong on fees and access. Weaker on proof of earnings.
- Fees4.5
- Getting paid2.8
- Access4.5
- Track record4.0
- Proof of earnings2.5
- Open worldwide
- Free to join
- Clear fees
- Low cut
- 10 years running
- 20 years running
Skrill against its peers
Guess: next to the 14 other payment receiving platforms that charge a percentage, is Skrill…
The cut of all 15 payment receiving platforms that charge a percentage
| Platform | Fee |
|---|---|
| OPay | 0.5% |
| PalmPay | 0.5% |
| Wave | 1% |
| Monobank | 1% |
| Cash App | 1.1% |
| Nagad | 1.2% |
| MTN MoMo | 1.3% |
| bKash | 1.7% |
| JazzCash | 1.8% |
| Hubtel | 2% |
| GCash | 2% |
| ExpressPay | 2% |
| Payoneer | 2.3% |
| Mercado Pago | 3.3% |
| Skrill | 3.6% |
- At 2.8%–4.5%, Skrill charges more than 14 of the 15 payment receiving platforms we track that take a percentage (median 1.7%).
- Skrill is the only one of the 51 payment receiving platforms we track that pays out via Crypto.
- Founded in 2001, Skrill has been running for about 25 years — longer than 49 of the 53 payment receiving platforms we track with a known launch year.
How much we know
We have 9 of the 17 things we track for every platform. Fees, payouts, join rules, countries and real earnings count most.
What we have
- What kind of platform it is
- Year founded
- Headquarters
- Fees
- Withdrawal methods
- Join requirements
- Countries it accepts
- Real earnings figures
- Wikipedia or reference page
Still missing
- Plain-English overview
- Minimum payout
- How fast you get paid
- Payment protection
- Review ratings
- Support channels
- Mobile apps
- Social accounts