Skrill
Skrill is part of Paysafe Limited, a global payments platform. It is one of Paysafe's digital wallet brands and was established in 2001 to offer multiple online payment and money transfer services. Skrill operates in more than 100 countries with the digital wallet offered in more than 40 currencies. The company facilitates multiple payment options including card payments, bank transfers and local payment methods. The funds in a Skrill account can then be used to pay merchants and other Skrill users or converted into cryptocurrency.
| Company type | Public company |
|---|---|
| Industry | Online payments |
| Founded | 27 July 2001 |
| Headquarters | London, United Kingdom |
Area served | Worldwide |
Key people | Bruce Lowthers (CEO) |
| Products | Payment gateway Digital wallet Prepaid card PSP Cryptocurrencies Money transfer |
| Revenue | US $1.496 billion (Paysafe’s FY 2022 revenue) |
Number of employees | 3,300 |
| Parent | Paysafe |
| Website | skrill |
Skrill also has cross-border payments accessible to users via its remittance service. The service enables users to send money to a bank account overseas using their bank card.
In 2015, Skrill was acquired by Paysafe along with former competitor NETELLER and prepaid payment provider paysafecard.
Skrill is operated by Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland, for its European regulated activities. Skrill's activities outside the European Economic Area are operated by Skrill Limited – a company incorporated in the United Kingdom and regulated by the Financial Conduct Authority.