If you use digital payment apps, you are probably familiar with Paypal and Skrill. Because of similar features, you may have questioned does Paypal own Skrill. if you are a loyal PayPal user or Skrill user, you could see more sharing.
There is not a direct capability to send money from Skrill to Paypal. You can’t send money from Skrill to PayPal directly, but you can use a bank account to do so. The process requires a few extra steps and a PayPal Balance account. Transfers from your bank account to PayPal take three to five business days.
That said, it isn’t impossible to send funds from Skrill to PayPal you just need to do a few extra steps. You will need the understand each application’s basic features and attributes. Then, you’ll be ready to follow these steps to make the transfers you need.
While this process isn’t as easy as one-click transfers, it is possible. With just a few extra steps and insights, you can be on your way to connecting Paypal to Skrill.
What is Skrill
Skrill is one of the most widely used digital payment apps. Skrill’s popularity is because of its easy-to-use free application and quick transfer time.
Users download the free app. Next, users add their bank or card information to make transfers. Then, they find other users to send transfers to.
Skrill sending times are quick and efficient. But for an extra cost, users can choose to send money “instantly.” Traditional banks can charge for transfers and accounts don’t always accrue attractive interest. For these reasons, a free-to-use app like Skrill is especially appealing.
Paypal on the other hand is a free digital payment app that allows users to send and receive transfers. With Paypal, you can connect your bank account. You can also link a debit card or credit card to your account. Most transfers are free. But, like Skrill, for “instant transfers,” you will need to pay an additional fee.
Paypal also has different currency options. So if you have clients who pay in multiple currencies, the app will store these funds and provide a daily currency transfer rate.
Paypal offers transaction protection. If there was a transaction fraud, scam, or dispute, Paypal’s features can protect sellers and buyers.
How to Send Money From Skrill to PayPal
Transferring From Bank:
Direct sending of money from Skrill to Paypal is not possible. You may have to use a local bank account.
Sending From Skrill to PayPal. You need to use a credit card to put some money in your account, you can use the debit/credit card from Skrill
From PayPal to Skrill: You use the bank account service, it’s 1% fee, you can spend the money with the card for zero fees, withdraw with your card for 3$ fees + generally 3$ from your bank (4$ in the USA) and you can also withdraw on your bank account for 1%.
Send Via Agent
you can send the money between Skrill and PayPal accounts but you can’t send money from Skrill to PayPal directly. Maybe through an agent, you can send. Search on google, you will find many.
If you trust them you may go ahead. Otherwise, the next option is the best. Just placing an order of PayPal wallet top up and paying with Skrill, also you can choose the domestic currency you want to pay, then you can send money successfully.