Skrill is the most common online payment service that allows you to pay and receive money, shop online, and transact cash securely. So here is how you can get the most out of it.
Setting up your account
The following process is involved:
Sign-Up process
- Click on register or sign up.
- Fill in your details.
- Email address.
- Full name.
- Country of residence.
- Currency preference.
- Create a strong password.
- Accept the agreement and hit register.
Account Verification
Go to your account settings and go to the verification tab.
Provide proof of identity:
- Passport.
- National ID.
- Driver’s license.
- Provide proof of address (electricity bill, bank statement, etc.).
Why does it charge money to open an account
You can open an account in minutes, and it’s 100% free. Sign up in minutes and start sending and receiving money instantly.
Deposit/withdrawal fees
Skrill plans to make deposits and withdrawals locally, free or cheap in all participating. countries. Deposit/withdrawal options and fees can be found on the fees page if you don’t have an account yet and select your country to see deposit/withdrawal options and fees.
If you have an account then visit Add/Withdrawal and see your balance with the fees, if any.
Fees of transfer/payment
Get paid by money and payment online at the merchant website using balance. You transfer cash to your fellow users in Skrill for free or for a low price, according to your User Level/VIP Level.
Deposit methods
Bank Transfer: Link your bank account and deposit money.
Visa/Mastercard: Visa/Mastercard or another compatible card.
Other methods: Paysafecard, crypto or local payments as per your location.
How to deposit funds
- Log in to your account.
- Click deposit.
- Choose your preferred payment method.
- Input the amount and follow the prompts.
- Confirm the transaction.
Sending money with Skrill
To Skrill Users:
- Log in to Skrill.
- Send Money.
- Give the email address or phone number of the person you want to receive it from.
- Specify the amount and currency.
- Confirm and check the transfer.
To bank accounts or mobile wallets:
- Tap on Send to Bank Account or Mobile Wallet.
- Fill in the recipient’s address (IBAN, SWIFT number, wallet number).
- Enter the amount.
- Confirm the payment.
Paying online with the platform
Skrill: Accept Online payments to thousands of websites. Two main Skrill payment methods for a merchant site are:
using your account balance
Using one of your Skrill account’s funded methods. Restrictions Apply to funds held on some types of credit/debit cards. Read the related credit/debit card deposit article at the bottom of the page to learn more.
Receiving money on Skrill
- Sender: Include your Skrill email address.
- Your account will get credited immediately or in a couple of hours (depending on the origin).
- You will get an email alert as the money comes in.
Using it for online purchases
- Choose Skrill as the payment method at checkout.
- Go to your Skrill account.
- Confirm the payment.
- You will be emailed the receipt.
Withdrawing funds from Skrill
Withdrawal methods:
- Bank transfer: Deposit to your bank account.
- Credit/debit card: Use a linked card to send money.
- Mobile Wallet: Transfer money to a mobile wallet.
- Crypto wallet: Trade in crypto and cash out.
Steps to Withdraw
It involves the following processes:
- Log in to Skrill.
- Click Withdraw.
- Select a withdrawal method.
- Enter the amount and details.
- Confirm the transaction.
Skrill fees and limits
Debit card fees: Skrill adds transaction fees, depending on the method and quantity.
Limits: Limits to transactions are higher for verified accounts. Refer to your profile’s “Limits & Verification” tab for details.
Skrill prepaid MasterCard
- Request a Skrill Prepaid Mastercard (in certain areas).
- Apply it to stores or online purchases.
- Withdraw cash from ATMs.
Security tips
- Turn on Two-Factor Authentication (2FA) for additional security.
- Regularly update your password.
- Avoid sharing your account details.
- Check your account for illegal payments.
Common issues and troubleshooting
Forgotten Transactions: Verify balance and internet connection or talk to Skrill support.
Account Limitations: Check that your account is verified to stay free.
Support: Get help from Skrill’s help centre or live chat.
Take away
Skrill is a versatile website for online banking. You can use Skrill for personal or commercial use, but the tutorial here will help you maximize its capabilities.
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