Everything you need for seamless digital payments
Store, send, and receive money instantly with low fees
Send money globally with competitive rates
Advanced protection for your money
Feature | Skrill | PayPal | Wise |
---|---|---|---|
Transfer fee | 1.45% | 2.9% + fixed fee | 0.4-0.7% |
Currency conversion | 3.99% | 4% | Mid-market rate |
Withdrawal fee | From €5.50 | Free to bank | Varies by country |
Card fee | €10 annually | Not available | €7 one-time |
Crypto trading | Yes | Limited | No |
Instant transfers | Yes | Yes | No |
Business solutions | Yes | Yes | Limited |
Mobile app | Yes | Yes | Yes |
Skrill has established itself as a leading digital payment solution, offering a comprehensive suite of financial services.
Create your account with basic information including email and personal details.
Complete the identity verification process by providing required documents:
Add funds using various methods:
Skrill often offers lower fees for international transfers compared to PayPal, especially for large transactions. While PayPal charges 2.9% + fixed fee for most transactions, Skrill's fees start from 1.45%.
Both services offer extensive global coverage, but PayPal has a slight edge in terms of merchant acceptance. However, Skrill excels in certain regions, particularly in Europe and for online gaming transactions.
Wise typically offers better exchange rates and transparent fees for international transfers. However, Skrill provides more comprehensive payment services beyond just money transfers.
Both services offer quick transfers, but Skrill's instant transfers between Skrill accounts can be advantageous for certain use cases.