Overview
Skrill Business, at a glance.
Skrill Business is an e-money institution headquartered in the United Kingdom, regulated by FCA, Central Bank of Ireland, NMLS. Pricing is agreed with each client. Opening an account takes 3–5 days.
E-money is backed by money held in a separate safeguarded bank account or by a guarantee or insurance. Skrill is not a bank, and the FSCS does not apply.
Why businesses pick Skrill Business
- No setup fee
- Hold and pay in more than 40 currencies
- Accept cards, digital wallets and more than 100 local payment methods through one API
- Settle to your company's bank account at any time, as often as you like
- Accepts almost any business, including iGaming, marketplaces and travel
- Licensed in the UK and Ireland, with money transmitter licences in the US
Watch out for
- Prices are an individual offer: no public fee table
- You need a website, at least in beta, to apply
- No business cards: the Skrill Prepaid Mastercard is for personal accounts
- Business support contacts are available only after you log in
- Tobacco, drugs and unlicensed gambling are not accepted
- Trustpilot score of 3.7 from almost 28,000 reviews (Skrill as a whole)
Business fit
Will Skrill Business accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Skrill Business's published rules
Needs review
Skrill Business works with iGaming, but does not publish the countries it accepts companies from.
Skrill Business does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Skrill Business publishes about the businesses it takes on.
Who Skrill Business serves
- iGaming
- Marketplaces
- Travel
- Video games
- E-commerce
- Affiliate marketing
Not supported
Industries and countries Skrill Business does not accept, from its own published lists.
Industries
- Tobacco
- Drugs
- Unlicensed gambling
Countries
- Not published
Coverage
Where can you use Skrill Business?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
40+ currencies
Choose a primary currency and add more at registration or later.
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Registered companies, Sole proprietors
Pricing
What does Skrill Business cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
Not published
Business account
Custom
Offer prepared for each business
Transaction fees
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Not offered | Not available |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Skrill a bank?
No. Skrill Limited is an e-money institution authorised by the UK FCA, reference 900001, and Paysafe Payment Solutions Limited, which trades as Skrill in the EU, is authorised by the Central Bank of Ireland. Money is safeguarded; the FSCS does not apply.
How much does Skrill Business cost?
Opening a business account is free. Skrill prepares an individual offer for the costs of accepting and sending payments, based on your business model.
What do I need to open a Skrill Business account?
A registered company or sole proprietorship, its certificate of incorporation or equivalent, proof of address and identification for each owner, and a website that is at least in beta.
Which businesses does Skrill not accept?
Its help centre names tobacco, drugs and unlicensed gambling, and refers to further restrictions in its terms of use. Each business model is assessed individually.
Alternatives
How Skrill Business compares.
If Skrill Business is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Skrill BusinessThis pageE-money institution |    | 40+ currenciesOnline merchants |
 PayoneerE-money institution | | Marketplace payoutsMass payments |
 AirwallexE-money institution |   | Global accountsOnline businesses |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.