Skrill

Skrill is a digital wallet and online payment system that enables individuals and businesses to send, receive, store, and spend money online. It originated in 2001 as Moneybookers in the United Kingdom and rebranded to Skrill in 2011. The service allows users to fund their wallet via bank transfer, credit or debit card, or other wallets, send money to other Skrill users, pay merchants online, and withdraw funds to a linked bank account.

Skrill offers several products: Skrill Wallet for storing funds and making payments; Skrill Money Transfer for international person-to-person transfers; Skrill Card, a prepaid Mastercard that allows card payments and ATM withdrawals where accepted; and merchant services for online retailers. The platform supports multiple currencies and is available in many countries, with mobile apps for iOS and Android to manage accounts on the go.

Skrill is part of Paysafe Group, a global payments company that also operates Neteller and paysafecard. The service is regulated by the UK Financial Conduct Authority as an electronic money institution and complies with relevant European and international regulations, including anti-money laundering and customer verification requirements. Customer funds are typically held separately from company funds and protected under applicable laws and licenses.