Skrill Online Payment
Our mass payments methods
Established in 2001 as Moneybookers, Skrill rebranded and continues to offer one of the most venerable electronic payments services in Europe. It is Europe’s version of Paypal. You can use this service in conjunction with EasyStaff.io to make mass payments.
Why Use Skrill Payout with Easystaff
Similar to Paypal, the Skrill system offers payment solutions personal and business use. The platform offers the latest security measures and processes global ACH to numerous payout methods. The accounts costs nothing, but the payment solution charges fees for transactions. Freelancers favor the solution because it charges no fee for receiving funds. Using the built-in electronic wallet to pay retailers online also costs nothing. It accepts uploads in many currencies. Users can upload funds in many methods, including directly from their bank account, Bitcoin, credit card, debit card, Paysafecard, Swift and via the electronic wallets Boku, Klarna, Neteller, Paysafecash, Rapid Transfer and Trustly. This results in a one percent fee.
Skrill Payment Limitations
As with any service, the payments solution has some limitations. While freelancers and independent contractors enjoy getting paid for free, they only have one way to avoid getting charged fees for spending the money.
Unless they use the built-in wallet for withdrawal, using Skrill payments charges a significant fee. These vary by method, including:
- bank transfer or Swift in GBP, a 4.76 percent fee, in EUR, a 5.50 percent fee,
- credit card, 7.50 percent fee.
You will also pay a fee to send payments with the service. You incur a 1.45 percent fee for each payment, which can be reduced to 0.43 percent for payments in GBP. However, if you use the payment solution to pay the user directly into their bank account, the Skrill service charges no fee.
While you can use the payment solution for overseas payments, you’ll incur a currency conversion fee from Skrill payments. The service adds a fee of 3.99 percent to the wholesale exchange rate. Exchange rates vary day-to-day and the rate at the time of payment transfer is applied. This is not a fee of Easystaff.io and it receives no part of the fee.
You can save money and time by using Easystaff.io for mass payments instead of having to rely on expensive wire transfers. No matter what payment solution your freelancers want to use, we can accommodate it. You can provide us with a spreadsheet that includes the names, payment type choice and amount due of all of your freelancers or vendors or independent contractors and send Easystaff a wire transfer of the total sum due all payees. We handle the distribution of funds.
We save you the time and hassle of making payments multiple ways and we save you money through our agreements with the various e-wallets and other payment methods. Try Easystaff.io today.