Skrill

This article is about the payment service. For the electronic music artist, see Skrillex. For the fictional species, see Earth: Final Conflict.
Skrill, a Paysafe company
Company typePublic company
IndustryOnline payments
Founded27 July 2001; 23 years ago (2001-07-27)
HeadquartersLondon, United Kingdom
Area served
Worldwide
Key people
Bruce Lowthers (CEO)[1]
ProductsPayment gateway
Digital wallet
Prepaid card
PSP
Cryptocurrencies
Money transfer
RevenueIncrease US $1.496 billion (Paysafe’s FY 2022 revenue)[2]
Number of employees
3,300
ParentPaysafe
Websiteskrill.com

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.

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]

  1. ^ "Paysafe org chart". Retrieved 14 September 2023.
  2. ^ "Paysafe anual results 2022" (PDF). Retrieved 14 September 2023.
  3. ^ "Skrill Holdings Limited: Private Company Information". Bloomberg News. Retrieved 26 March 2015.
  4. ^ "E-Wallet Comparison: Skrill serviced countries list". Retrieved 29 January 2021.
  5. ^ "Sending money with Skrill made easier than ever with new send to phone number feature". Retrieved 29 January 2021.
  6. ^ "Skrill Money Transfer Review: Is it safe? How does it work? What are the rates?". Retrieved 29 January 2021.
  7. ^ "Board of Directors". Paysafe. Retrieved 1 February 2019.
  8. ^ "Skrill taps football legend to publicise its prepaid Mastercard Skrill prepaid". Cards International. Retrieved 30 April 2020.
  9. ^ "Optimal Payments to buy e-wallet rival for $1.2 billion". Reuters. 23 March 2015. Retrieved 10 September 2022.
  10. ^ "Skrill Account Terms of Use". Retrieved 29 January 2021.
  11. ^ "Skrill Launches Free International Money Transfer Service In U.S." www.businesswire.com. 8 June 2020. Retrieved 27 July 2023.