
Skrill
E-commerce payment business

E-commerce payment business
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. 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. 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.
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