Skrill money transfer: How does it work?

Skrill is an online wallet that allows you to send and receive money within the UK and worldwide. It has a million users as it is an established money transfer service, and its mobile wallet is known to be fast, easy to use and flexible.

How does Skrill work?

Skrill is a well-known mobile or digital wallet service that is available throughout the world. After you create an account, you can send money to over 180 countries in 40 different currencies using the Skrill homepage or mobile app.

First, you must fund your account with a deposit, then only you can use your Skrill account to pay online at around 1,50,000 different websites, send money throughout the world, and even purchase and sell cryptocurrency.

Skrill requires the recipient's email address or mobile number to make a money transfer. If you top up your Skrill account with a debit/credit card payment or a bank transfer, either the payment is funded by your Skrill balance or drawn directly from your bank.

Skrill offers the option of a prepaid Mastercard, which you can load up with funds and use to spend when you travel.

What payment methods does Skrill accept?

Skrill allows money transfers with all kinds of local and payment methods. Following are the list for UK users:

  • Bank transfer
  • Rapid transfer
  • Fast bank transfer
  • Paysafecard
  • Trustly
  • Debit or credit card - including Visa, American Express, Mastercard, UCB card and Diners Club.

You will have to pay deposit fees depending on how you fund your account.


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