Skrill

Skrill is a global digital wallet and online payment platform founded in 2001, headquartered in London. Owned by Paysafe (NYSE: PSFE), it enables cross-border money transfers, online payments, and cryptocurrency trading across 100+ countries in 40+ currencies.

Originally launched as Moneybookers by founders Daniel Klein and Benjamin Kullmann, Skrill was the first company to receive an electronic money licence from the UK's Financial Services Authority. It rebranded to Skrill in 2013 and was acquired by Paysafe in 2015 for €1.1 billion.

Skrill supports prepaid Mastercard and Visa card issuance, merchant payment processing, and peer-to-peer transfers using only an email address. Users can buy, hold, and trade cryptocurrencies directly within the wallet.

The KNECT loyalty programme rewards frequent users with redeemable points.

Regulated by both the Central Bank of Ireland (via Paysafe Payment Solutions Limited) and the UK Financial Conduct Authority, Skrill maintains e-money authorization and crypto asset firm registration.

It serves over 40 million account holders globally and integrates with Apple Pay and Google Pay for contactless payments.

Skrill is particularly popular in the online gaming, sports betting, forex trading, and freelancer payment sectors, making it a preferred alternative to PayPal for cross-border digital commerce.

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