What is a Skrill payment gateway?

13 Apr 2023

Skrill is an e-commerce company that offers a secure and convenient payment gateway for businesses and individuals to send and receive money online. It was founded in 2001 and offers digital wallets, prepaid cards, and money transfers in over 40 currencies and is available in 200 countries and territories.

Skrill also offers a mobile app that allows users to manage their accounts and make transactions on the go. It supports a variety of payment methods, including credit cards, debit cards, bank transfers, and even cryptocurrency. This flexibility makes it easy for businesses to accept payments anywhere at any time.

The platform charges a transaction fee of 1.45% for receiving money and a fixed fee of $0.50 for sending money. There are also fees for currency conversions and other services, so it's important to carefully review the fee schedule before using Skrill.

One of the main advantages of Skrill is its security. Skrill is regulated by the Financial Conduct Authority (FCA), so it must comply with strict data security and anti-money laundering regulations. Skrill also uses advanced encryption technology to protect user data and transactions.

If you are on a stringent budget but still want to offer payment comfort, PayCEC might be a better option. With PayCEC, you can offer your clients a convenient solution that doesn't break the bank. Our cutting-edge Tokenization and 3D Secure systems guarantee seamless transactions across devices, 24/7. Using PayCEC, you can finally wave goodbye to those pesky operating costs and focus on growing your business.

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