Freedom251 › Money Transfer Apps
Skrill
by Skrill
What Skrill is
Skrill is a digital wallet for online payments, money transfers, and managing funds. At participating sites, customers can select Skrill at checkout and sign in; Skrill 1-Tap can complete a payment after a click without entering additional information. The wallet also supports sending money to a bank account or another Skrill customer, and holding or exchanging balances in multiple currencies. Skrill says customers can buy and sell more than 40 cryptocurrencies, including Bitcoin and Ethereum. Its Knect loyalty programme awards points on nearly all transactions, which can be exchanged for cash rewards and bonuses.
The Android and iOS apps provide access to balances, transactions, deposits, withdrawals, and transfers. Customers can fund an account by card, bank transfer, or local payment options. Skrill says it uses anti-fraud monitoring, two-factor authentication, and SSL technology with 128-bit encryption. Identity verification may be required and can enable higher transaction limits and additional features. Opening an account is free, while fees vary by transaction, country, and payment method. The US fees page lists a $5.00 monthly service fee after 12 months without a login or transaction. Skrill was founded in 2001 and is headquartered in London, United Kingdom.
Who it suits
Skrill suits people who want a digital wallet for online checkout, sending money, or holding and exchanging multiple currencies. Its mobile apps also suit customers who want to manage balances, deposits, withdrawals, and transfers on Android or iOS.
What it does well
- Free account opening.
- Send money to bank accounts or other Skrill customers.
- Hold and exchange balances in multiple currencies.
- Buy and sell more than 40 cryptocurrencies, Skrill says.
- Android and iOS apps include transfer and balance features.
- Knect points can be exchanged for cash rewards and bonuses.
What to know first
- Fees vary by transaction, country, and payment method.
- A $5.00 monthly service fee may apply after 12 months of inactivity.
- Identity verification may be required.
- Customer electronic money is not covered by FSCS protection.
Limits
Opening an account is free, but fees vary by transaction, country, and payment method. The US fees page lists a $5.00 monthly service fee after 12 months without a login or transaction.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Skrill Digital Wallet account | Opening an account is free · fees vary by transaction, country, and payment method | Free |
As skrill.com lists them, read 11 Oct 2026. The maker's own page has the final word.
Getting started
- Visit https://www.skrill.com/en/.
- Open a Skrill Digital Wallet account; opening an account is free.
- Choose a funding option: card, bank transfer, or local payment method.
- Use Skrill on the web, Android, or iOS.
- Verify your identity if required to enable higher transaction limits and additional features.
Verdict
Choose Skrill if you want one wallet for online payments, money transfers, and balances in multiple currencies, with Android and iOS apps. Look elsewhere if FSCS protection for customer electronic money is important to you or if variable transaction fees do not suit your needs.
Questions
How much does Skrill cost?
The Skrill Digital Wallet account is free, and opening an account is free. Fees vary by transaction, country, and payment method; the US fees page lists a $5.00 monthly service fee after 12 months without a login or transaction.
Is there a free plan or free trial?
Skrill has a free plan, and opening an account is free. There is no free trial.
Which platforms does Skrill support?
Skrill is available on the web, Android, and iOS.
Can Skrill send money and exchange currencies?
Customers can send money to a bank account or another Skrill customer. The wallet supports holding and exchanging balances in multiple currencies.
Does Skrill support cryptocurrency?
Skrill says customers can buy and sell more than 40 cryptocurrencies, including Bitcoin and Ethereum.
Is customer money covered by FSCS protection?
No. Skrill says customer electronic money is not covered by FSCS protection.
Facts from Skrill's own pages
- 1-Tap payments
- Skrill 1-Tap lets customers pay after clicking without entering additional information. · skrill.com, 11 Oct 2026
- Cryptocurrency
- Skrill says customers can buy and sell more than 40 cryptocurrencies, including Bitcoin and Ethereum. · skrill.com, 11 Oct 2026
- Currency exchange
- Skrill supports holding and exchanging balances in multiple currencies. · skrill.com, 11 Oct 2026
- Customer support
- Support options include wallet help, a bot available 24/7, and messaging with a stated response time of 24–48 hours. · skrill.com, 11 Oct 2026
- Digital wallet
- Skrill is a digital wallet for paying online, sending money, and managing funds. · skrill.com, 11 Oct 2026
- Exchange-rate model
- markup · skrill.com, 20 Sept 2026
- Fees
- The US fees page lists a $5.00 monthly service fee after 12 months without a login or transaction. · skrill.com, 11 Oct 2026
- Upfront fee display
- Yes · skrill.com, 20 Sept 2026
- Founded
- 2001 · skrill.com, 28 Sept 2026
- Free plan
- Yes · skrill.com, 20 Sept 2026
- Headquarters
- London, United Kingdom · skrill.com, 28 Sept 2026
- Loyalty rewards
- The Knect loyalty programme awards points on nearly all transactions that can be exchanged for cash rewards and bonuses. · skrill.com, 11 Oct 2026
- Mobile apps
- Skrill offers its app through Google Play and the Apple App Store, with balance, transaction, deposit, withdrawal, and transfer features. · skrill.com, 11 Oct 2026
- Mobile platforms
- both · skrill.com, 20 Sept 2026
- Money transfers
- Customers can send money to a bank account or another Skrill customer. · skrill.com, 11 Oct 2026
- Online payments
- Customers can pay at sites that accept Skrill by choosing it at checkout and signing in with their Skrill account. · skrill.com, 11 Oct 2026
- Payment methods
- Skrill lists card, bank transfer, and local payment options for funding an account. · skrill.com, 11 Oct 2026
- Safeguarding
- Skrill says customer electronic money is backed by funds held in a separate bank account or by a guarantee or insurance policy, and that it is not covered by FSCS protection. · skrill.com, 11 Oct 2026
- Security
- Skrill says it uses anti-fraud monitoring, two-factor authentication, and SSL technology with 128-bit encryption. · skrill.com, 11 Oct 2026
- Transfer speed
- instant · skrill.com, 20 Sept 2026
- Transfer tracking
- Yes · skrill.com, 20 Sept 2026
- Verification
- Skrill says customers may need to verify their identity, and verification can enable higher transaction limits and additional features. · skrill.com, 11 Oct 2026
Where Skrill stands on Freedom251
- Money Transfer Apps#17 of 81
- Digital Wallet Apps#27 of 44