Are you searching for Skrill alternatives to process payments online with ease while managing business transactions with international clients? If so, this article on NaijaKnowHow highlights the best platforms for sending and receiving payments.
As one of the leading online payment platforms, Skrill provides thousands of individuals and businesses with a seamless way to send and receive money worldwide. With availability in over 180 countries, it has become a trusted choice for online transactions.
While Skrill offers reliable payment processing, several other platforms provide similar services. That is why these reliable alternatives have been carefully listed below.
Overview:
Here’s a structured summary table based on the article, including key features, what we like, and what we don’t like.
| Payment Platform | Key Features | What We Like | What We Don’t Like |
|---|---|---|---|
| PayPal | Secure online payments, supports multiple currencies, business and personal accounts, global availability | Wide acceptance, fast transactions, strong security | Strict policies; accounts can be restricted easily |
| Payoneer | Available in 200+ countries, multi-currency account, direct bank withdrawals, global ATM access | Ideal for freelancers & businesses, supports multiple currencies | Slower payment processing times |
| Chase Pay | Easy bank transfers, no additional fees for Chase Bank users, secure transactions | Free transactions for Chase Bank users, seamless integration with Zelle | Limited to users with Chase Bank or Zelle-supported accounts |
| Cash App | Low transaction fees, supports Bitcoin, instant transfers available | Low fees, crypto support | Transfers may take up to 24 hours |
| Stripe | Flat-rate pricing (2.9% + $0.30 per transaction), supports multiple currencies, advanced fraud protection | No hidden fees, great for businesses, integrates with various platforms | Requires some technical knowledge to set up |
| Zelle | No fees for personal transactions, instant transfers, works with major U.S. banks | No fees, instant bank transfers | Limited availability outside the U.S. |
| Venmo | Free transfers between users, social payment features, fast & easy setup | Great for personal transactions, easy to use | 3% processing fee for transactions made abroad |
List of Skrill Alternatives To Receive Payments
If you’re looking for similar services with better fees or features, here are the top Skrill alternatives out there.
1. PayPal
PayPal is an electronic funds transfer network that specializes in sending and receiving money from friends, family members, or clients who don’t have bank accounts. PayPal offers one of the fastest services to make payments and receive payments online. You can have a business PayPal account or a normal PayPal account.
While PayPal seems to be a good choice after Skrill, you need to know that PayPal has a strict policy, and if there are any signs of fishy activity in your account, you’ll have your account restricted. While several alternatives to PayPal exist, it remains one of the best Skrill alternatives for receiving payments.
Key Features:
- Secure online payments
- Supports multiple currencies
- Business and personal account options
- Global availability
Drawback: Strict policies may lead to account restrictions if suspicious activity is detected.
2. Payoneer
Receiving and sending money with Payoneer isn’t all that fast, especially if you’re getting paid by companies abroad, but that doesn’t mean Payoneer can’t offer good online payment services. With Payoneer, you can transfer funds from any of your accounts (including checking, savings, or credit cards) to your Payoneer account.
As the #1 online payment service in more than 200 countries and regions, including the US, Canada, Mexico, Brazil, India, and China, Payoneer offers an alternative solution for withdrawing cash through over 40 million ATMs worldwide.
Key Features:
- Available in 200+ countries
- Multi-currency account
- Direct bank withdrawals
- Global ATM access
Drawback: Payment processing times may take longer compared to PayPal.
3. Chase Pay
Chase Pay is a great option to pay and get paid. Chase Pay is very popular in the US because it offers user-friendly services. All you have to do is create an account, link your debit or credit card, and start paying anyone with just a few clicks. Plus, you can send money for free if you’re using Chase Bank or another bank that supports Zelle. Chase Pay offers a simple online payment service across different platforms and it’s highly recommended.
Key Features:
- Easy bank transfers
- No additional fees for Chase Bank users
- Secure transactions
Drawback: Limited to users with Chase Bank or Zelle-supported accounts.
4. Cash App
Cash App provides all of the same features as other services, such as Venmo or PayPal, but for a much lower fee. For example, if you send someone $100 on Cash App, it will cost you only $3. If you’re sending less than that amount of money, the fee will be even smaller. This app also allows users to send and receive payments with just their phone number or email address. The downside is that Cash App doesn’t allow instant transfers like other apps do; transfers made on Cash App can take up to 24 hours to reflect.
Key Features:
- Low transaction fees
- Supports Bitcoin transactions
- Instant transfers available
Drawback: Transfers may take up to 24 hours to process.
5. Stripe
Best of all, Stripe charges flat rates from 2.9% + to $0.30 per transaction with no hidden fees or surprises. There are no upfront costs or long-term commitments either; it’s just $5 plus 2.9% per successful charge (plus 30 cents). We recommend Stripe because it also can be used as a payment gateway, and since it acquired PayStack in Nigeria, there’s no limit to the services you can explore with Stripe.
Key Features:
- Flat-rate pricing (2.9% + $0.30 per transaction)
- Supports multiple currencies
- Advanced fraud protection
Drawback: Requires some technical knowledge for setup.
6. Zelle
Zelle has more than 43 million users in over 96 countries. When sending money through Zelle, the recipient will get an email notification of the payment. This gives them a link that will allow them to accept the payment. With Zelle, you can have a dollar account where money can come in and go out easily. You only need to register for an account and begin to send and receive money instantly.
Key Features:
- No fees for personal transactions
- Instant transfers
- Works with major U.S. banks
Drawback: Limited availability outside the U.S.
7. Venmo
One great thing about this app is that there are no fees associated with making payments, but they do charge a small service fee per transaction. It may not seem like much, but over time those small charges can add up. Venmo is owned by PayPal, they share similar features but Venmo handles business transactions better compared to PayPal.
Plus, if you’re using Venmo on your phone, you’ll be charged a 3% processing fee every time you use it abroad. That’s a hefty surcharge for having access to money in another currency and being able to transfer it easily.
Key Features:
- Free transfers between users
- Social payment features
- Fast and easy setup
Drawback: Charges a 3% processing fee for transactions made abroad.
Conclusion
If you’re looking for reliable Skrill alternatives, the various options above provide secure and efficient payment processing. Whether you prefer PayPal for global transactions, Payoneer for international business, or Zelle for U.S. bank transfers, there’s a perfect solution for your needs.
