Skrill formerly called Moneybookers is now one of the foremost payment solutions used for electronic money transfers that is also duly certified by the laws in the UK and EU. The Financial Services Authority, an agency in the United Kingdom, regulates the use of this company’s services.
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For individuals who are actually unhappy with the current systems that they are using for payments, Skrill actually has a platform that is suited for online merchants, individuals, and small businesses. In some countries, they are even more popular than PayPal and they don’t have a problem accommodating clients wherever they might be around the world.
Depositing with Skrill
Individuals, as well as merchants, would be able to use Skrill’s service safely and affordably for online fund transfers as long as they have valid email addresses. With just your email, you can securely send money from your debit or credit cards as well as your bank account using the Skrill service. You can use this service to pay for your purchases online and as well as collect payments for your own transactions.
The payment options that Skrill has are actually quite extensive from international to national and local modes. You can actually make direct payments even if you’re not registered to the service and they have a user interface that can be used for marketing, banking, and of course, payments.
In my three months of using this company, I have not encountered an issue that prompted me to complain. Their customer service staff are very professional and always available to give me a helping hand, and the costs of their service actually are very reasonably priced that there’s no way I won’t do business with them again.
When I called Skrill a couple of months ago, I was able to speak to a Skrill consultant who proceeded to help me in setting up my account based on my country and the currency I used. Although I recommend using Skrill, I’d also recommend that if you plan to apply for an account online first talk to one of their consultants. You might think that the currency conversion is easy but it’s actually quite complicated and once you’ve applied, you wouldn’t be able to change your preferred currency anymore. The verification for my bank account actually took longer than expected but compared to other services, it was actually less of a hassle. After the verification of my address, things progressed without a hitch.
Skrill Pros / Cons
There are probably only two reasons for you to not use Skrill. The first would be the fact that there happens to be a small number of people who’ve had a bad experience in using the service. The second reason has something to do with the availability of this service in your specific country which just means that you’ll have to double-check if it is.
These are the reasons for you to use Skrill: Since it’s one of the most reliable alternative payment platforms out there, it should warrant your use. You won’t have to worry about their system exposing credit card and banking information from you since their system ensures secure and safe transactions. You also won’t find an online payment solution that is as widely used as Skrill with support for various currencies from numerous countries. And then there’s the fact that a lot of the online merchants also accept payments through this platform. If you want to know what these online stores are just going ahead and visit the Skrill website for more information about them.
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