Skrill

#e-Wallet

Formerly known as Moneybookers, Skrill is an e-wallet service that allows users to upload money to a virtual online wallet and use it to make online payments, money transfers, […]

Certified payment providers 7
Market coverage 234
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Currencies 32
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  • Sweden Krona
  • Switzerland Franc
  • Thailand Baht
  • Turkey Lira
  • United Arab Emirates Dirham
  • United Kingdom Pound
  • United States Dollar
Description

Formerly known as Moneybookers, Skrill is an e-wallet service that allows users to upload money to a virtual online wallet and use it to make online payments, money transfers, and hold multiple currencies in a single account.

After completing a transaction, the user will be redirected to a confirmation page, which can be either on the merchant’s side or on the hosted checkout page of GlobalCollect.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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