Let us explore the top reasons why small businesses prefer Skrill.
#1. Significantly lower fees
Payment gateway fees can make a whole lot of difference and impact for small and mid-sized businesses. With the Skrill payment gateway on your side, you can avail lower fees on transactions.
#2. A trusted digital wallet
Skrill has emerged as one of the most viable options to pay securely at many online merchants. Furthermore, Skrill makes things extremely quick and easy whether you want to receive money from a trading broker or cash out at an online betting site.
#3. Wide variety of deposit options
Skrill has taken many steps to make the deposit process more accessible and convenient to users by offering options such as SafetyPay, card payments (Visa or Mastercard), and AstroPay.
#4. Supports many currencies
Every year, cross-border eCommerce is growing exponentially by leaps and bounds. The global B2C cross-border eCommerce market is expected to reach a staggering US$7.9tn by 2030 from US$785 billion in 2021. The adoption of Skrill for your shopping cart will help you effortlessly access and manage transactions in many global currencies. This will help your customers pay for the products and services you offer in their preferred local currency instead of being forced to pay in foreign currencies with a conversion fee on top.
#5. Countless payment options
Today’s consumers want to be accommodated with different payment methods. Whether it’s their debit or credit card, eWallet, or bank, offering more payment options guarantees more sales for you and greater ease of use for your customers. On top of more than 100 payment options, Skrill is fully certified with payment providers such as Visa and MasterCard.
#6. High security
Skrill, which was previously known as Moneybookers, has been in the business for more than two decades. It has been providing out-of-the-box solutions to eCommerce businesses across the world and also offering payment processing services in the online gambling industry. Skrill is fully compliant with the Payment Card Industry Data Security Standard (PCI).
#7. Quick integration
The integration of Skrill into your business website requires no coding skills. Skrill has entered into partnerships with top eCommerce shopping cart solutions such as Magento, Shopify, PrestaShop, WooCommerce, and many more.
#8. Great user experience
For eCommerce merchants, shopping cart and checkout abandonment are two of the biggest challenges. Skrill helps merchants significantly minimize instances of shopping cart and checkout abandonment through mobile-optimized and quick checkout functionalities.
The best part is that you can easily open a business merchant with Skrill to access features and functionalities such as the Skrill payment gateway.