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Paysafe rolls out Skrill Money Transfer feature in US

Tuesday 9 June 2020 13:10 CET | News

UK-based payment service provider Paysafe has announced the launch of the Skrill Money Transfer service in the US.

According to IBS Intelligence, US-based existing and new customers of the ecommerce company Skrill can use the solution to transfer money to friends and family in Mexico, India and 16 other Asian and European countries, for free. Moreover, the launch aims to facilitate financial support by offering Skrill Money Transfer benefits to immigrants and expats across the continental US, which includes Mexico and India, as well as Pakistan, Bangladesh, Italy, the UK, Spain, and France.

To use Skrill Money Transfer, consumers can pay with their personal bank account, debit or credit card to fund transfers from their Skrill account, while money is being transferred directly to bank accounts overseas with no recipient fees.

Furthermore, Skrill reported plans of extending its US digital wallet including Skrill Money Transfer’s reach, as Paysafe’s April 2020 research revealed that digital wallets is the US-based consumers’ preferred online payment method, with 36% having used one in the last month.

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Keywords: Paysafe UK, US, Skrill Money Transfer, Mexico, India, Asia, Europe, Pakistan, Bangladesh, Italy, Spain, France, personal bank account, debit card, credit card, digital wallet,
Categories: Payments & Commerce | Mobile Payments
Countries: World
This article is part of category

Payments & Commerce