Skrill is one of the online payment methods that allows money transfers online at very low fees and in a relatively short period of time. Founded in 2001, this service was previously known as Moneybookers.
After rebranding to Skrill in 2011, its growth has accelerated. Currently, Skrill is operated by the London-based company Skrill Limited and is overseen by the UK regulatory body FCA. Its central company, Paysafe Group, is also the owner of the online payment service Neteller and online prepaid card Paysafecard. With solid management competence, Skrill is trusted to be the preferred transfer method by many online merchants and forex brokers.