Skrill is an international online payment solution that enable people to send and receive money from any part of the world. The company is based in Europe and operates from the United Kingdom under Paysafe Holdings UK Limited. With Skrill, you can send money, receive money, transfer money to another skill account, shop online and much more. While Paypal is more popular in online money transfer, it is unavailable to Nigerians. That is where Skrill comes to the rescue. Skrill is available in Nigeria and for Nigerians. If you are a freelancer working online, you can use Skrill to receive payment.
To use this service, all you need to do is sign up for a free account. Verify your identity and address then you are ready to have access to the easy online banking platform offered by Skrill.
Types of Skrill account
There are two types of account you can open with this platform. There is the Personal account and Business account. If you are confused which one to use, keep reading, everything is explained below.
1. Personal Account
The personal account is an account meant for an individual who is interested in receiving or sending payment, shopping or conducting any financial transaction online.
What you can do with Personal account
1. Send money
With a personal account, you can send funds to anyone, anywhere in the world.
2. Receive money
With the personal account, you can receive money from anyone around the world
3. Shop online
You can shop online from different stores
4. Purchase Cryptocurrencies
You can buy cryptocurrencies easily with a personal account. All major cryptocurrency such as Bitcoin, Ethereum, Litecoin and more.
If you are a freelancer, you do jobs online or getting paid by anyone online, then the personal account is for you. If you want to shop online, send money to friends and family, the personal account is also for you. You can click here to open a Personal account now.
2. Business account
Business account is merchant account meant for businesses who want to receive payment from their customers. The payment solution can be integrated into your website easily, from their you can receive payments from your customers. They can pay for your products/services with credit/debit card, from the wallet or transfer.
If you sell online or offer any services that people pay for, and you are looking for a solution to handle all the payment, then the business account is for you.
How to open a Skrill account
Follow these steps to open a Skrill account in Nigeria
The first step is to visit the Skrill website. You can click here to visit the website.
You will see a register button. Click on it. Then you can open your free account. The process is simple. You will need information such as: The username you want to use, password you want to use, your email, name, account number, debit/credit card and address.
How to verify a Skrill account
Once you open your account, you will be able to start receiving and sending money. But there is a cap. You will need to verify your account if you want to make big transactions. If your account has been restricted, you also need to verify for the limitation to be lifted. It is nothing to worry about as the process is very easy.
To verify your account, you will need your International passport/National ID Card/Driving License and a utility bill that is not older than 90 days.
All you have to do is login to your account, click on learn more on top of your account and complete the process.
The easiest way is through the mobile app. Download the mobile app. It is available for Android and iOS. Once you have logged in with the app, it can scan your documents and caption your image faster.
How to fund your Skrill Account
It is very easy to fund your account. If for any reason, you want to fund your account either to shop online, buy cryptocurrency, send money or whatever, you can do it with ease.
Login to your account. Click on deposit. You will immediately see the options. Follow it and you will be done. There are many options for you to fund your account.
You can fund your account with your debit/credit card. Another option is bank transfer. You can also fund it with bitcoin or bitcoin cash. If you use Neteller, that is another option to fund your account.
How to receive money into your Skrill Account
To receive money is very easy. All you have to do is give the email linked to your account to whoever is sending you money. with the email they can send you money and you will receive it int your account.
Remember, the only information that you need to give to the person sending you fund is your registered email.
How to send money with Skrill
You can send money abroad. If you are abroad, you can send money to Nigeria with Skrill.`
To send money is very easy. Login to your account. Once you are logged in, you will see “send money now” click on it. Form there you can input the amount you want to send and how you want to pay for the transfer. You can send money to a person’s bank account directly or you can send to their Skrill account.
Note that your recipient does not need to use Skrill. You can send to their bank account straight.
How to withdraw money from Skrill
To withdraw money is very easy and fast.
All you have to do is login to your account. Click on withdraw. Select the bank account you want to withdraw to. If you have not added any, you can add one. Input the amount you want to withdraw, follow the instruction and your withdrawal will be done. Withdrawal to Nigerian accounts are fast and almost instant from experience.
Alternatively, if your card can receive payment, you can withdraw with your card.
There is a processing fee of 5.50 euros for withdrawals.
You can login or sign in to your account at anytime by visiting the login page. You can also use the mobile app
Skrill Prepaid MasterCard
You can also apply for the MasterCard. With the MasterCard, you can withdraw at any ATM world wide, make transaction online, and do everything that a debit card can do.
Skrill is a popular way to send or receive money online. If PayPal is frustrating you, then give them a try. You can click here to open an account now. There are other solutions outside of Skrill. You can read: How to send money to Nigeria instantly with Transferwise or Top PayPal alternatives to send and receive money