Skrill
7.6#19 in money transfer appsFree planFree planAndroidiOSWeb
VisitSkrill vs Wise
What both publish
| Fact | Skrill | Wise |
|---|---|---|
| Exchange-rate model | markup | mid_market |
| Founded | 2001 | 2011 |
| Free plan | Yes | Yes |
| Headquarters | London, United Kingdom | London, United Kingdom |
| Mobile platforms | both | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Payment methods | Skrill lists card, bank transfer, and local payment options for funding an account. | The app says users can fund transfers with Apple Pay, Google Pay, a debit or credit card, or a bank transfer. |
| Security | Skrill says it uses anti-fraud monitoring, two-factor authentication, and SSL technology with 128-bit encryption. | Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions. |
| Transfer speed | instant | On many popular routes, transfers can arrive within one day, the same day, or instantly. |
| Transfer tracking | Yes | The app shows the list and current status of transfers users have set up. |
| Upfront fee display | Yes | Yes |
Skrill plans
- Skrill Digital Wallet accountFree
Wise plans
- Wise personal account and transfersFree
Pick Skrill if…
Skrill suits people who want a wallet for online payments, transfers, and multi-currency balances across mobile and web. It may also suit customers interested in its stated cryptocurrency and loyalty features.
Pick Wise if…
Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.