Skrill digital wallet

26 May 2023

Skrill’s digital wallet: how does it work?

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What is a digital wallet?

A digital wallet, or ewallet, like Skrill is a digital tool that allows you to make payments or transfers online.  

Like a physical wallet, a digital wallet is somewhere you can store your cash and cards. The main difference is that a digital wallet is completely virtual and is accessed via an app or desktop, enabling more secure purchases both in-store and online. 

With several deposit, withdrawal and transfer methods available, a digital wallet is also a great option if you don’t have a bank account. Many digital wallets, like Skrill, also offer additional financial features such as foreign exchange, international transfers and even cryptocurrency trading. 

what is a digital wallet

Why choose a Skrill digital wallet?

Skrill gives you fast, easy and secure access to your funds wherever you are, via app or desktop. You’ll also earn exclusive Knect loyalty points on almost every transaction you make, which can be exchanged for cash rewards, bonuses and more. 

With Skrill, you can make purchases online and in-store, exchange currencies, transfer funds worldwide and buy and sell cryptocurrencies too. 

Check out some of the advantages of the Skrill digital wallet:  

1. Hassle-free, fast online payments. Simply use your email address and password to make payments on thousands of online stores including gambling sites, gaming platforms, and foreign exchange trading platforms. 

2. Transfer funds in more than 40 currencies. Send money quickly and securely to your friends and family with just their email address or mobile number. 

3. Move money instantly. Hold accounts in multiple foreign currencies and transfer money between them in a matter of seconds. 

4. Trade cryptocurrencies. Buy and sell more than 40 cryptocurrencies, including Bitcoin and Ethereum.

5. Earn as you spend. Collect Knect loyalty points and exchange them for cash rewards and bonuses. 

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How safe is a Skrill digital wallet?

The Skrill digital wallet is secure. Here’s how we protect your transactions and make sure your data is kept private: 

1. Our system is designed to keep your account details hidden from the recipient of your transfer and detect suspicious activity on your account.

2. We use up-to-date fraud prevention technologies to protect your funds. Money transfers are protected by Secure Socket Layer (SSL) with high-level security encryption, verified by VeriSign. 

3. Two-factor authentication offers extra protection against criminals trying to access your account.

How to get a Skrill digital wallet

You can get your Skrill digital wallet in just three simple steps: 

1. Open your account online via the Skrill app or on your desktop. You’ll receive an email with a clickable link to confirm your account setup.

2. Deposit funds into your digital wallet via bank transfer, card or other Skrill deposit option. 

3. Complete the identity verification process to activate your digital wallet – we recommend using the Skrill app for a faster, more seamless experience.

Use the Skrill digital wallet to make easy, fast and secure transactions. Download the Skrill app or click here to get your account today. 

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