Skrill - Fast, secure payments is a finance app available for Android devices that allows you to send and receive money instantly. It provides a quick and easy way to manage your funds, pay for goods and services online, and send money to friends and family around the world.
Features
Instant Payments
Skrill allows you to make instant payments to merchants who accept this method of payment. This feature makes the entire process fast and hassle-free, as you don't have to wait for funds to clear before they can be used.
International Money Transfers
With Skrill, you can send money across borders without having to worry about exchange rates or hidden fees. The app shows you the exact amount that will be sent and the amount received by the recipient in their local currency.
Security
Skrill employs robust security measures to protect your funds and personal information. The app uses 2FA (Two-Factor Authentication), which adds an additional layer of security to your account by requiring a code sent to your email or phone number every time you log in. Additionally, the app verifies the identity of the recipient before any money transfers can be made, and also provides scam prevention and chargeback protection for users.
Pros
Fast Transactions
Skrill's instant payment feature makes transactions fast and convenient for users. You don't have to wait for funds to clear or deal with complicated forms when making a payment.
Secure Platform
Skrill's security features ensure that your money and personal information are protected from unauthorized access and fraudulent activities. From 2FA to recipient verification, the app makes sure that every transaction is safe and secure.
Convenient
Skrill's user-friendly interface makes it easy to manage your funds, send and receive payments, and monitor your transactions all in one place. Additionally, the app supports multiple currencies and payment methods, which makes it a viable option for people from different parts of the world.
Cons
Fees
Skrill charges fees for certain transactions such as adding funds, and also charges exchange rates for currency conversion. However, the fees are reasonable compared to other similar platforms.
Customer Support
Skrill's customer support can be slow and sometimes unhelpful, causing users to have difficulty resolving issues or getting quick responses. However, the app provides a comprehensive help center where you can find answers to most common problems.
Comparison to Similar Apps
Compared to other finance apps such as PayPal, Skrill offers a more affordable fee structure for money transfers, especially for international transactions. The app also supports multiple payment methods and currencies, making it versatile for users from different parts of the world. In terms of security, Skrill offers similar features as PayPal, such as scam prevention and chargeback protection.
Tips for Using the App
Sync your account with your email and phone number to enable two-factor authentication for added security.
Keep your account information and password secure by avoiding public Wi-Fi networks or using a VPN when logging in to your account.
Ensure to verify the recipient's identity before sending any money to avoid scams or fraudulent transactions.
Download the Skrill mobile app to keep track of your account on the go, and receive notifications for transactions.
Conclusion
Skrill offers fast, secure, and convenient payment options for anyone looking to send or receive money internationally. Despite the fees and slow customer support, it provides excellent functionality that outweighs its minor drawbacks. The app is suitable for individuals and businesses who want to manage their finances in one place, save on fees, and have peace of mind when making transactions. Therefore, we recommend Skrill to anyone looking for a reliable and secure finance app for Android devices.
Updated 05-18-2023
Overview
Skrill - Fast, secure payments is a finance app available for Android devices that allows you to send and receive money instantly. It provides a quick and easy way to manage your funds, pay for goods and services online, and send money to friends and family around the world.
Features
Instant Payments
Skrill allows you to make instant payments to merchants who accept this method of payment. This feature makes the entire process fast and hassle-free, as you don't have to wait for funds to clear before they can be used.
International Money Transfers
With Skrill, you can send money across borders without having to worry about exchange rates or hidden fees. The app shows you the exact amount that will be sent and the amount received by the recipient in their local currency.
Security
Skrill employs robust security measures to protect your funds and personal information. The app uses 2FA (Two-Factor Authentication), which adds an additional layer of security to your account by requiring a code sent to your email or phone number every time you log in. Additionally, the app verifies the identity of the recipient before any money transfers can be made, and also provides scam prevention and chargeback protection for users.
Pros
Fast Transactions
Skrill's instant payment feature makes transactions fast and convenient for users. You don't have to wait for funds to clear or deal with complicated forms when making a payment.
Secure Platform
Skrill's security features ensure that your money and personal information are protected from unauthorized access and fraudulent activities. From 2FA to recipient verification, the app makes sure that every transaction is safe and secure.
Convenient
Skrill's user-friendly interface makes it easy to manage your funds, send and receive payments, and monitor your transactions all in one place. Additionally, the app supports multiple currencies and payment methods, which makes it a viable option for people from different parts of the world.
Cons
Fees
Skrill charges fees for certain transactions such as adding funds, and also charges exchange rates for currency conversion. However, the fees are reasonable compared to other similar platforms.
Customer Support
Skrill's customer support can be slow and sometimes unhelpful, causing users to have difficulty resolving issues or getting quick responses. However, the app provides a comprehensive help center where you can find answers to most common problems.
Comparison to Similar Apps
Compared to other finance apps such as PayPal, Skrill offers a more affordable fee structure for money transfers, especially for international transactions. The app also supports multiple payment methods and currencies, making it versatile for users from different parts of the world. In terms of security, Skrill offers similar features as PayPal, such as scam prevention and chargeback protection.
Tips for Using the App
Conclusion
Skrill offers fast, secure, and convenient payment options for anyone looking to send or receive money internationally. Despite the fees and slow customer support, it provides excellent functionality that outweighs its minor drawbacks. The app is suitable for individuals and businesses who want to manage their finances in one place, save on fees, and have peace of mind when making transactions. Therefore, we recommend Skrill to anyone looking for a reliable and secure finance app for Android devices.