Likelihood to Recommend If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
Read full review Skrill is my preferred way of doing money transactions abroad typically when I need a safe secured and efficient way of sending money overseas and the amount is low. Most other portals tend to charge a transfer fee for lower amounts but Skrill does not charge a transaction fee when I use the ACH Transfer even for lower amounts. For personal use, I have used the debit card to fuel transactions and it allows you the same facility as the debit card. If I need to complete the transaction within a day and want the money to be available in the receiving account overseas the same day, I prefer another portal that has the option of express service that Skrill does not offer.
Read full review Pros Has the best data, tables and choices of all platforms out there. Best charges / prices with quick transfers of currency from fiat banks to Binance Best selection of currencies Read full review It is a global payment processor that accepts payments from all around the world. Because of the high security requirements for signing in, no one can readily access the account. Real-Time Payments - Payment Gateway Read full review Cons You have to login every time you use it due to security concerns. The fees and charges are not clear sometimes Make sure you go through the terms carefully before using any platform. Read full review Skrill's UI can be bloated and slow sometimes, and overcomplicated There are some issues with localization and language, some concepts didn't see to be translated properly What an e-wallet is, is not super clear to potential users Read full review Likelihood to Renew We ended up using
Tipalti which seems to have solved our specific needs better, though it is more expensive.
Read full review Alternatives Considered We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
Read full review I use different payment systems depending on the goal. Skrill is good when my contractor prefers this way of payment. Also, Skrill is a preferred payment option in many online services, which makes it easy to use. Also, Skrill issues a real plastic Visa card you can use like any bank card.
Read full review Return on Investment It gave good opportunity for investment which resulted in good ROI It's better than Indian Exchanges as the manipulation is high there It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices Read full review I can quickly deposit my international multi-currency account without making an expensive wire transfer, with no border restriction as long as I have the mobile app with me. Skrill is very convenient for each transfer amount up to EURO 2,500, and EURO 15,000/monthly. Possibility of hiring freelancers for my company with immediate payments. Read full review ScreenShots