Skrill
Established in 2001, Skrill was one of the very first e-wallets. It operates in 200 countries worldwide and supports 40 different currencies. It offers a range of online payment and money transfer services, ATM withdrawals, and prepaid debit cards. Consumers add money to their wallets using options including bank transfers and credit cards and confirm the payment with their Skrill log-in. They can also activate Skrill ‘1-Tap’ at the same time to pay for future purchases with the click of a single button.
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Get in touchWhy Skrill
Skrill cites a consumer base of over 40 million users worldwide and 170,000 online merchants, giving a wide reach worldwide.
Skrill reward consumers who use the Skrill wallet with exclusive perks, like lower fees, higher limits, dedicated support and members-only experiences while merchants are protected from chargebacks.
With support for multiple currencies by default, Skrill offers customers the option to pay in their local currency.
Specifications
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How it works
At checkout, the consumer selects Skrill as their preferred payment method
The consumer redirects to Skrill's Quick Checkout page and logs in using their email, password and PIN
The consumer reviews the payment summary and clicks 'Pay Now', and the transaction is confirmed
When Skrill '1-Tap' is used, the merchant is saved as a trusted shop, allowing the consumer to skip steps 2-3 for future payments