Skrill Vs Payoneer – Factors to Guide Your Decision on the Topic of Skill Vs Payoneer

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When you use the services of either Payoneer or Skrill to send money overseas it’s for sure that it will not favour everyone. That is what this article (Skrill Vs Payoneer) is all about. This has to do with the fact that there are certain aspects that requires more attention when it comes to selecting your service provider.

Skrill Vs Payoneer

One may be good at the fees and payment rate while the other has good customer service support. In this article today, I will show you the differences between Skrill Vs Payoneer, this will enable you to choose the one that’s favourable to you.

Skrill Vs Payoneer

Skrill is an e-commerce business that enables users to transfer money and make payments using the Internet. It provides services from international money transfer to trading, betting, gaming, and shopping all at a low cost.

Payoneer is also a financial services company that provides online digital payment services, and money transfers and gives its customers working capital.

However, based on research Payoneer is well known than Skrill. But all the same, there have been many comparisons between the two payment services in terms of their foreign exchange rate, fees charges, countries that use their services, the security of both services, etc. Let’s see all these factors between the Skrill and Payoneer services.

Factors to Guide Your Decision on the Topic of Skill Vs Payoneer

Below are some of the factors you should consider in Skrill Vs Payoneer. You should pay attention so you can pay attention to all that will be discussed.

Exchange Rates

The Payoneer Exchange rate comes with a 2% to 2.75% markup the already mid-market rate. the Skrill rate applies to the existing mid-market rate on all transfers without adding any markup.

This makes Payooner better. Also, with Payoneer, the MasterCard exchange rate applies when users use the prepaid Payoneer MasterCard in unlisted currencies. Payoneer allows you to view the exchange rate before your final transaction. With skill, you have to view the rate by using their online currency calculator.


These two payment services are well famous. Definitely, it’s not all countries they have reached. Payoneer services are available in about 200 countries. They trade in over 150 currencies.

On the other hand, Skrill provides services to all countries outside Afghanistan, Eritrea, Libya, North Korea, Cuba, Iran, Iraq, North Sudan, South Sudan Syria and Kyrgyzstan. Its gaming-related transactions are limited in the U.S., China, Malaysia, and Israel.


Before you patronize any payment service online you should view their fees based on your transaction with them. For Payoneer and Skrill, their fees are considerable. The two services charge almost the same fee rates.

Whenever you send money to another account holder it’s free on Payoneer. Skrill charges nothing when you make a transfer overseas. When you receive money from another Payoneer account in different currencies like USD, EUR, or GBP there are no charges. It is the same with an online seller.

It’s only when you make a withdrawal of funds from your account to your local bank account that you pay a fee. This is dependent on your country of residence. With Skrill when you send funds to another Skrill wallet or email address you will pay 1.45% of the transfer amount as fees.

Also, you are charged a $3 fee each month if there is no activity in your account for 12 months. For more details on fees and rates check both websites.

Easy to Use

Registering on both payment platforms is easy although it takes a little time. Both services have mobile apps for Android and iOS devices.

You need to provide the necessary documents to verify your identity and address. On both platforms, they operate a multilingual website. They have prepaid MasterCards that allow users to access funds in their accounts easily.

Security System

Both platforms have a strong security system and all files are highly encrypted to keep users’ documents safe online. Payoneer is licensed under regulatory bodies in Canada, Japan, Hong Kong, Australia, and Gibraltar. Also, they are registered with the Financial Crimes Enforcement Network (FinCEN).

Skrill is registered with the Financial Conduct Authority (FCA). You can see that they both have a strong and secure background and backup.

However, in terms of regular overseas payment, both services falter. They are yet to offer these services. With the above points enumerated, you can choose any payment service that is convenient for you.

Skrill Relevant Links

Official Websites.

Download the Mobile app from App Store and Google Play store.

Skrill Social Media Links



Payoneer Useful Links

Payoneer official websites.

Download the Payoneer mobile app from your Google Play Store and App Store.

Payoneer Social Media Links




Frequently Asked Questions 

what is the perfect Alternative for Payoneer?

Best Alternative for Payoneer:

  • Google pay
  • square 
  • Paypal 
  • Tipalti
  • Skrill
  • Remitly

Those are the Best and top alternatives for Payoneer

Does  Payoneer work with Skrill?

Skrill has stopped accepting Payoneer cards. if you want to load your Skrill account you can use your local bank credit card or load your balance by using cryptocurrency.

Which is Safer Paypal or Skrill?

if you are looking for a safer here then you should definitely consider PayPal to be the safest and it is slightly better than Skrill.

How Good is Payoneer?

Payoneer is easy and stress-free, and using it is very convenient. most especially the customer service and the Payoneer unmatched. The team always makes sure they help you out in any situation or issue you are facing.

Is Payoneer Card Free?

Want to know if the Payoneer card is free? well, the Payoneer MasterCard is a global payment way. And not only that the Mastercard is free for anyone.

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