Skrill payment system (Skrill): how to replenish an account, withdraw money from Moneybookers, register a wallet on the official website, order a card

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Skrill is a payment system with a high degree of reliability, client protection, openness and transparency. It was formerly called Moneybookers. Skrill is popular all over the world and reaches over 30 million users from 200 countries. The company’s annual turnover is over USD 10 billion. For example, WebMoney’s annual turnover is about US $ 3 billion. The system is used to make money transfers, pay for services and goods, deposit / withdraw deposits in various online services. In the review, the editorial staff of Btcnewsweb.com will analyze the main points of working with a wallet and a card; verification; methods of making a deposit; how best to withdraw money from your account, including using exchangers.

The official website of the Skrill payment system is skrill.com.

Payment systemSkrill 
Official siteskrill.com
Former nameMoneybookers 
Russianyes
Launch year2001
Legal nameSkrill Limited
Parent companyPaysafe Financial Services Limited
Registration number4260907
CountryGreat Britain
CEOPhilip McHugh from June 24, 2019; Joel Leonoff (from 2015 to 24.06.2019)
RegulatorFinancial Conduct Authority
Kind of activityissuance of electronic money and provision of payment services
Reference number900015
AddressFloor 2725 Canada SquareLondonLondonE14 5LQUNITED KINGDOM
Contacts+44 0207 608 8460; contact@paysafe.com
ExchangersProstocashExchangeX
Commission for replenishment1 %
Replenishment methodsBitcoin, Neteller, mobile operators, bank cards
Withdrawal commissionMasterCard cards 4.99%; Visa cards 7.5%;
Replenishment methodsbank cards and transfers
Conversion3,99 %
Inactive account fee 12 months5 euros
Debit card issuanceSkrill Prepaid Mastercard
Buying cryptocurrencyyes
Mobile appyes
Social networkshttps://twitter.com/skrill, https://www.facebook.com/Skrillpayments

Registration of an account with Skrill is available to everyone absolutely free.

The Skrill website is available in 14 languages, including English. If there was a transition to the Russian version, then you can change the language in the upper right menu of the site by selecting “English” in the drop-down menu. Changes are also available in the settings of your personal account. It is possible to use a mobile application for iOS and Android.

The Skrill wallet is used to pay for various services: freelance, casino, forex, bookmakers, online shopping. Since 2009, the company began to cooperate with the ebay service.

In the Skrill system, you can open an electronic account, which is available in 40 currencies. It is possible to order a MasterCard and use it to withdraw cash through ATMs or pay in a store.

Skrill exchangers

Exchangers for withdrawing money from your Skrill account or replenishing its balance through popular payment systems (Qiwi, WebMoney, Perfect Money, AdvCash, etc.):

Skrill ExchangersSiteExchange directions
ProstoCash more than 100 directions: payment systems, cards, cryptocurrency
Royal Cashelectronic payment systems, bank cards, cryptocurrencies
ExchangeXSkrill, Paypal, WebMoney, Qiwi, Yandex.Money
PayBisSkrill, Neteller, Perfect Money, AdvCash, Payeer, Paypal, bank transfers, cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, Neo,

Moneybookers history

History of creation. The service was founded in 2001 in the UK. It was originally called Moneybookers and was located at www.moneybookers.com. Since 2002, he started issuing electronic money. In 2007 Investcorp Technology Partners became the management company, which bought the system. After rebranding in 2010, the online payment service acquired a new name – “Skrill”, and the official website was skrill.com.

Legal information. The composition of the group of companies:

✅  Skrill Limited.

✅  Paysafe Group plc.

✅  Payolution.

✅  Ukash.

Skrill Limited is a UK registered company, regulated by the financial supervisory authority FCA (FRN number: 900001), and is authorized to issue electronic money (E-money license)

CEO: Philip McHugh.

Skrill registration and wallet creation

To open an account with Skrill, you need to go through the standard registration procedure, which consists of four steps.

First you need to go to the official Skrill website – skrill.com

To open a wallet, a client must be at least 18 years old. There are restrictions for residents of some countries. The payment system is international and works with clients from Russia, Belarus, Ukraine. After registration, you can see your personal identification number (ID) in the right corner.

Step-by-step instructions for opening an account with Skrill:

  • Step 1. Specify the mailbox address and password.
  • Step 2. Indicate name, surname, date of birth. Writing in Latin, as in a passport.
  • Step 3. Enter the address of residence in the Latin alphabet, postal code.
  • Step 4. Select the account currency. You need to choose the currency that will be used more often, since you can open a wallet in a new currency only after the current one is closed. This requirement does not apply to VIP clients who can open wallets in different currencies at the same time.

There is no fee for using the account if you use it at least once a year. Otherwise, 1 Euro per month will be debited until the balance becomes negative.

You can only open one personal wallet in Skrill, and an unlimited number of commercial ones. VIP clients can register several accounts in different currencies.

Registration information must be entered real. If a mistake was made or incorrect data was entered, then identity verification is required to change.

To enter your Skrill account, you need to enter your email address and password.

The Skrill website has a simple personal account interface, so it’s not difficult to figure it out.

A forgotten password can be restored automatically or manually by sending a scanned document (passport, license, etc.). The company can close the account if there is suspicion of fraudulent activity. In the settings, you can permanently delete it yourself.

With a Skril account, you can pay for purchases in online stores, make money transfers, withdraw funds to a linked bank card, buy cryptocurrency.

VIP status is assigned when the cash turnover of outgoing transactions reaches 6,000 euros or more for three months. The status can be lost if the turnover is below the specified amount. It provides many privileges and increased limits. Only customers with this status can order a Skrill card.

Skrill account verification

To increase the limits, you must go through account verification. All documents are provided and uploaded only through your personal account in the “Settings” – “Check” section. For verification, you need to follow several steps:

  1. Top up your account with a small amount.
  2. Specify a Facebook profile. Skip if not present. The item is optional.
  3. Identity verification. Indicate a document that confirms your identity: passport, driver’s license. You can take a photo of them and download or use the proposed mobile application.
  4. Checking the address. You will be offered a list of documents to check the location. You can send a utility bill or a bank statement about the presence of an account in it. But a prerequisite is that the document must contain personal data, as well as the address.
  5. Summary. You need to take a selfie with your passport in your hands. You can use a regular phone, but so that the data is visible.
  6. Verification takes about two business days. Upon its completion, a message will be sent to the email about the successful verification in the Skrill payment system or an indication of inaccuracy in the provision of data.

If you are constantly working with Skrill, it is recommended to go through this procedure. For unverified accounts, the limits are small, there are restrictions on some operations. The procedure is simple and will take about 5 minutes if you have all the documents. The main thing is to take high-quality pictures of them and upload them.

How to fund your Skrill (Moneybookers) account

You can deposit money to your Skrill electronic wallet in the following ways:

✅  With the help of exchangers: ProstoCash, ExchangeX, PayBis. You can exchange payment systems Yandex, Qiwi, AdvСash, Perfect Money, Payeer, WebMoney, PayPal, cryptocurrencies for Skrill. Online exchangers are also convenient for withdrawing Skrill.

✅  When using the Neteller payment system, the commission will be 1%; deposit limit at the initial verification level – 566.8 US dollars.

✅  Transfer from a bank card Visa, MasterCard, Maestro. The commission will be 1% of the deposit amount. The card must be linked to your Skrill account, more on that below. You cannot make replenishment from a virtual card to a person who is not its owner.

✅  By bank transfer Swift from your bank account to the details that can be viewed in your personal account. Money is received within 3-5 days, there is no commission from Skrill, as well as no deposit limits. The bank account must be assigned to the Skrill account holder. There is no commission, but banks making such transfers can take it.

✅  Cryptocurrency Bitcoin or Bitcoin Cash. Commission – 1%. Replenishment is carried out through Bitpay processing. Payment must be made within 15 minutes. It is necessary to transfer the cryptocurrency to the address indicated in the form of a QR code or click “Open in Wallet” and pay using the popular Blockchain wallet. If you don’t have a wallet yet, you need to register on blockchain.com and transfer cryptocurrency to your address, which can be bought in a bitcoin exchanger or using cryptocurrency exchanges.

Withdrawing money and exchanging Skrill

You can withdraw and cash out funds from your Skrill account in the following ways (they are individual for each region):

✅  With the help of exchangers ExchangeX, PayBis, it becomes possible to exchange Skrill and receive money to the WebMoney wallet, Yandex, Qiwi, AdvCash, Perfect Money and other electronic payment systems.

✅  Withdrawal to a Visa bank card linked to the account. Commission – 7.5%, regulations – up to 7 working days.

✅  To a bank account. To do this, you need to open an account with a bank that is part of the SWIFT Society for Worldwide Interbank Financial Telecommunications. In Belarus, for example, Belarusbank, Belgazprombank, Belinvestbank and many others. At the same time, it is important to take into account the limit of outgoing transactions, which can be viewed in your personal account. The commission when using this method will be 5.5 euros.

✅  Withdraw funds to a Skrill MasterCard debit card. The maximum amount that can be withdrawn in 24 hours is 6300 EUR or 7000 USD. The commission will be 1.75% per transaction or cash withdrawal from an ATM. Since 2016, cards have not been shipped outside the European Economic Area.

How to link a bank card to a Skrill account

Linking a bank card to a Skrill account. In order to replenish and withdraw money using a bank card, you need to link it. To do this, you need to have a currency plastic card, which can be ordered at any bank. To replenish your Skrill account, you need a Visa / MasterCard / Maestro card; for withdrawal – only Visa.

Binding is carried out in the following ways:

✅  Through the section “Funding”. You need to select “Credit and Debit Card” – “Top Up Now” – “Add Card”. You need to indicate its number, term, CVV and click “Add card and continue”.

✅  Through the section “Withdrawal of funds”. Select “Withdraw to cards” and click “Add card”.

Indicate the required data: number, expiration date and CVV code (on the back).

✅  Through the “Cards and Bank Accounts” section of your personal account, indicating:

  • Card number.
  • Validity.
  • A three-digit security code located on the back of the card (CVV).

Then you need to click “Save and check the card”.

The Skrill payment system will charge a small amount from the card (about $ 1) for this procedure. You need to find it out in Internet banking and indicate it to complete the verification.

Money Transfer Skrill (Moneybookers)

To send a money transfer in the Skrill system, you need to know the recipient’s email address. The minimum amount is $ 1. Once the funds have been sent, the recipient needs to register with Skrill using the same email address to which the transfer was made. After creating an account, he immediately receives money to his account.

If you need to receive funds, you must provide the sender with your real email address. After sending the money, instructions from Skrill will come to the email box. The transfer operation is carried out using only email. The confidentiality of the data is maintained, since you do not need to provide any other personal information. Commission for sending – 1%, for receiving – 0%.

Important. The status of the transaction will be displayed as “Scheduled Payment”. If within two weeks the user does not create an account with Skrill, the transfer will be canceled.

Skrill MasterCard order

Important information. Skrill stopped sending his debit cards outside the European Economic Area. The information below is relevant for European customers.

You can purchase a plastic Prepaid Skrill MasterCard for payment and cash withdrawals, which is linked to your wallet. When you deposit funds to the wallet, plastic is also replenished.

With its help, you can withdraw cash from ATMs and pay for services and goods in stores. EU residents receive the card by paying 10 euros, which are debited from the account. In the CIS countries, in particular Belarus, Russia and Ukraine, it can be ordered only if there is a VIP status, at least bronze, with a turnover of 6,000 euros of outgoing transactions within 3 months.

We advise you to order a card of the Advcash payment system, which in this case is very convenient for withdrawing earned money from the Internet and further withdrawing it from an ATM.

You can also use cards of other payment systems to withdraw money: AdvCash or Payeer.

Skrill personal account settings

You need to go to the “Settings” section to set individual parameters of the Skrill personal account.

In the “Personal data” section you can:

  • change the address, phone number, email;
  • see your ID.

In the “Account Settings” section, you can:

  • change the language;
  • delete an account;
  • connect notification from Skrill about promotions and offers.

In the “Security” section you can:

  • change Password;
  • reset pin code;
  • enable 2FA authentication.

In the “Verification” section, you can check your account. To increase the limits, you need to do full verification by uploading copies of identity documents and addresses of residence.

Advantages disadvantages

Pros:

✅  UK registration and financial supervision of the FCA regulator.

✅  Many bookmaker sites, forex brokers, shops and other online services accept Skrill for payment, deposit / withdrawal.

✅  Completely transparent system.

✅  High reliability for clients, payments from the insurance fund.

✅  Works with clients from Russia, Belarus, Ukraine.

✅  Low commissions for transfers (1%), incoming internal payment is free.

✅  Since 2018, you can buy cryptocurrency in Skrill.

Cons:

❌  Verification is required to increase the limits. But the process is simple, so it is recommended to go through it.

❌  A debit card from Skrill can be ordered only if you have a VIP status (for clients from Russia, Belarus, Ukraine). Update: no longer possible, the card is not delivered.

❌  There are few ways to withdraw money from the account: cards and bank accounts are available. To search for other options, you should resort to the help of exchangers, the list of which is given in the article.

Leave your feedback on the Skrill payment system in the comments.

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