Are you looking for the best Skrill alternatives to process payments online without too much stress while handling business with internal clients? If yes, then this article you’re reading on NaijaKnowHow contains all the best services like Skrill.
Skrill is one of the leading online payment services in the world, offering thousands of people and businesses an easy way to send and receive money online from anyone across the world.
Skrill is available in more than 180 countries and while it offers a good service in terms of processing payment, there are similar service providers like Skrill you can try out and that’s why I’ve listed the best Skrill alternatives below.
List of The Best Skrill Alternatives To Receive Payments
If you’re looking for similar services with better fees or features, here are the best Skrill alternatives out there.
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, PayPal is one of the best Skrill alternatives to receive payments.
Receiving and sending money with Payoneer isn’t all that faster 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 card) 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.
3. Chase Pay
Chase Pay is a great option to pay and get paid. Chase Pay is one of the most popular Skrill alternatives 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, it’s one of the best Skrill alternatives out there and it’s highly recommended.
4. Cash App
One of the best Skrill alternatives is Cash App. It 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, but nevertheless, it’s one of the best Skrill alternatives out there.
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 as the best alternative to Skrill because Stripe 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.
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 goes out easily. You only need to register for an account and begin to send and receive money instantly. Zelle offers a smooth payment service and that’s why it is one of the recommended Skrill alternatives out there.
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 really 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.
There are more Skrill alternatives to be precise but when picking the ones that are quite effective in terms of processing payments, the ones that are listed in this article are not a bad choice to use.