Digital wallet Skrill (Moneybookers)

What is Skrill (Moneybookers)?digital wallet skrill

Simply said, it’s an internet wallet (e-wallet) such as PayPal. This service is free of charge and offers one of the fastest and safest ways of money handling. Skrill can be used for payments, shopping and money transfers online, but not only online. You can even use it to pay for food in your local grocery store.

This London based company has 36 million users worldwide and is one of the leading internet money provider service. On your Skrill account, you’ll find a detailed overview of all your transactions, whether it’s shopping, deposits, payments or money transfers. They also offer customer support, if you have any questions, feel free to contact them.

Why Skrill?

  • With Skrill, you can deposit money to binary options brokers (brokers that support Skrill)
  • Skrill offers an easy, fast and secure way of money handling
  • Skrill is regulated by British regulatory authority (which means that all your money is safe!)
  • One of the biggest advantages is that whenever someone sends you money, you’ll have it in your account in the matter of seconds and then you can use it for shopping or anything you want.
  • Fees are minimal (only 1 % for incoming transactions – maximum 10€ – and 0% for outgoing payments)
  • Skrill is supported by a great amount of foreign stores

How does Skrill work?

First thing you need to do to be able to use digital wallet Skrill is to register and then, nothing stops you from shopping or transferring your money online. Isn’t it easy?

Withdrawing money from Skrill

You withdraw your money from your Skrill account to your bank account with a wire transfer and then you can use it as you wish, i.e.: pay in stores or withdrawing from ATM.

Skrill also offers an option to use their Skrill prepaid card, which can be used as any other debit card, so there is no need to transfer your money to your bank account.

Fees

  • Account registration with Skrill is free.
  • Depositing to Skrill through bank transfer has no fees.
  • Deposits done by credit cards Visa, Mastercard have a fee of 1.9% from the deposited amount.
  • Withdrawal through bank transfer or credit card has a fee of around $ 5

Skrill mobile application

skrill mobile appIf you’re using mobile phone with an operating system Android or iOS (iPhone), Skrill also offers a mobile application that can be used to receive or send money anytime and anywhere. A great advantage of this mobile application is also:

  • Access from anywhere and anytime
  • Easy and secure access to your Skrill account through a PIN code
  • Fast access to history of all your trades and transfers without the need to use a computer

Prepaid Skrill card

skrill credit cardAfter registering for your Skrill account you can ask for a Skrill card. Prepaid Skrill card is available in the following currencies EUR, GBP, USD or PLN. Fee for your Skrill Prepaid MasterCard is 10 € that is going to be deducted from your Skrill account once a year.

Skrill card Advantages

  • Accepted by 35 million stores and 1,9 million ATMs worldwide
  • Easy-to-use
  • No obligations
  • Spend only the amount you’ve deposited – and you can deposit nonstop. 🙂

The best brokers that support Skrill

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Author

J. Pro

More about the author: J. Pro

Unlike Stephen (the other author) I have been thinking mainly about online business lately. I wasn't very successfull with dropshipping on Amazon and other ways of making money online, and I'd only earn a few hundreds of dollars in years. But then binary options caught my attention with it's simplicity. Now I'm glad it did because it really is worth it. More posts by this author

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General Risk Warning:
The financial products offered by mentioned companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
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