Skrill is a digital wallet that enables money transfers and online payments. It’s part of the Paysafe group, and so is regulated by the United Kingdom’s Financial Conduct Authority.
Skrill works like any other e-wallet: users can deposit funds into their Skrill account by transferring them from a bank account, or they can use it to receive payments from other users without giving out their personal details.
Skrill is accepted by over 100 million merchants worldwide including eBay, PayPal, Amazon and many others, though its focus is the facilitation of gaming and online trading.
Skrill offers a variety of features for consumers, including the ability to store money in over 40 different currencies and send it anywhere in the world. It also offers secure storage and protection against fraud.
For merchants, it's an easy way to accept payments online without having to worry about processing fees, fraud, or chargebacks!