Skrill

About Skrill

Skrill: Complete Guide to the Online Payment System — Reviews, Pricing, Features and Comparison 2026 Skrill is one of the most recognized online payment systems in the world, offering e-wallet, international money transfer, and digital payment services to millions of users in over 120 countries. Founded in the United Kingdom, this digital payment platform has established itself as a serious alternative to traditional banks and other e-wallets. In this comprehensive guide, we will analyze in detail Skrill's history, offerings and pricing, features, security, customer service, user reviews, as well as an in-depth comparison with its main competitors. Whether you are an individual looking to send money abroad, an online gamer seeking a reliable payment method, or an e-commerce professional, this guide will provide all the information you need to make an informed decision. To contact Skrill support, the process is done directly via app, which greatly simplifies communication with customer service.

1. Background and History of Skrill Skrill's history dates back to 2001, when the company was founded under the name Moneybookers in London, United Kingdom. At that time, the online payments landscape was still in its infancy, and e-wallet solutions were just getting started. Moneybookers was one of the first European companies to offer an online payment service allowing users to send and receive money digitally, without having to share their banking information directly with merchants. The company's founder had a clear vision: to create an accessible, fast, and secure payment platform that could compete with the American giants in the sector. From its earliest years, Moneybookers experienced rapid growth, attracting users drawn by the simplicity of its interface and the speed of its transactions. The service allowed online payments with just an email address, eliminating the need to enter credit card numbers for each transaction. In 2007, Moneybookers marked an important milestone by becoming the first European e-wallet to obtain an electronic money institution license issued by the UK's Financial Conduct Authority (FCA). This license strengthened the platform's credibility and enabled the company to offer regulated financial services to its users across Europe and beyond. By that year, the company already had several million active users and processed billions of euros in annual transactions. The year 2011 was a major turning point in the company's history. Investcorp, a Bahraini investment fund, acquired Moneybookers for an estimated amount of 105 million euros. This acquisition brought significant capital to the company, enabling it to accelerate its technological development and geographic expansion. It was also under Investcorp's stewardship that the decision was made to modernize the brand to make it more contemporary and memorable. In 2013, Moneybookers officially changed its name to become Skrill, a shorter, more dynamic name that was easier to pronounce in all languages. This rebranding was accompanied by a complete overhaul of the brand's visual identity, with a new logo, new colors, and a completely redesigned user interface. The name change also aimed to mark a break from Moneybookers' sometimes dated image and to position the brand as an innovative player in the fintech sector. In 2015, a major event transformed the competitive landscape of e-wallets: Skrill merged with its main European rival, Neteller, within the Paysafe Group. This merger, valued at approximately 1.1 billion pounds sterling, created one of the largest online payment groups in the world. The combination of Skrill and Neteller enabled shared technology, an expanded user base, and strengthened the position of both brands in the global digital payments market. Skrill, however, retained its own identity and continues to operate as a distinct brand within the Paysafe Group. The Paysafe Group itself went public on the NYSE in 2021 through a merger with Foley Trasimene Acquisition Corp II, a SPAC (Special Purpose Acquisition Company). This IPO valued the group at approximately 9 billion dollars, reflecting investor confidence in the growth potential of Skrill and the group's other brands. Since then, the Paysafe Group has continued to invest heavily in technological innovation, new product development, and geographic expansion of its services. Today, Skrill has over 40 million registered accounts worldwide and processes billions of dollars in transactions each year. The platform is available in over 120 countries and supports more than 40 different currencies,