All about the Skrill payment service, formerly Moneybookers

Moneybookers, now called Skrill, is one of the most popular online payment methods. By October 2016, this digital wallet had more than 36 million members, including a large proportion of online traders. But why choose this service to carry out your transactions? Here are some of the reasons

Easy and quick to use

Skrill stands out, first and foremost, for the ease with which it offers its customers. In particular, traders can make deposits and withdrawals simply on the portal. No need for complicated information with each transaction, all you need is an email address and a password to manage your account. As a bonus, there is no waiting time, since money is sent instantly online. A Skrill card is also available to members for cash withdrawals. The service accepts several currencies, which makes trading even easier.

Cheaper costs

In addition to being simplified, the service offered by Skrill is particularly affordable. Even small budgets find their happiness on the portal, since the fees charged for a payment amount to only 1% of the amount sent, with a maximum of €10. And this, even if the transaction is done internationally. It should also be noted that conversion fees are charged depending on the currency used, with rates ranging from 2.99% to 3.99% of the amount concerned. Skrill also does not charge any monthly or annual user fees. Receiving money into the account is also completely free of charge.

skrill computer graphics

Protected transactions

Since its launch in 2001, Skrill – at the beginning Moneybookers – has prided itself on being the leader in online transactions. And it must be said that its bet has been met, since today, this virtual wallet service has more than 36 million users worldwide. In order to ensure the functioning of the system, the company has, of course, put in place various security measures. All personal data provided on the site is protected by a standardised encryption system (PCI-DSS Level 1). A telephone authentication system is also set up on the portal and, as an added bonus, detailed protection guides are made available to traders.

Comprehensive customer support

Skrill also offers full support to its members and future members. All questions concerning registration and conditions of use are dealt with directly on the site. In case of any concerns, it is also possible to speak directly with a customer assistant. Skrill is used by OptionWeb, which offers the best offer for 2016.