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11 Jan 2022

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Mobile wallets, also called digital wallets, or e-wallets, are the next evolution in payments, helping to make global transactions quicker, easier and more secure. If you have a smartphone or PC access, you can use an e-wallet to make it easier to pay for items online, cash in and out of online gaming sites, fund your account for forex trades, send and receive money internationally and much more.

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What are digital wallets?

At a simple level, e-wallet apps are a simple way to store your money, easily authorise payments with a single tap and transact online. They’re funded by (i.e. linked to) credit and debit cards. E-wallets are ever-evolving, offering a growing number of features that give you a seamless, fast and highly secure payment experience.

What makes digital wallets different?

One of the main things that makes e-wallets stand out is their ability to handle many different stores of value. You can store your money, in your choice of up to 40 currencies, in your Skrill wallet.

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Five advantages of digital wallets

1. An easy and straightforward online purchasing experience

Having an e-wallet helps you to minimise the number of cards you need to have. By linking the accounts that you need, you can enjoy a seamless buying experience that only takes a few seconds to complete.

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Skrill’s digital crypto wallet is a custodian wallet (usually held by an exchange) and therefore a digital currency wallet is not in the user’s possession, but held on behalf by a third party. Records are held by the cryptocurrency exchange and allow us to show the cryptocurrency held on your behalf. Please read the Skrill Cryptocurrency Risk Statement for further information on the Cryptocurrency Service.

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man holding phone with Skrill app and working on his laptop
3 crypto currencies

Test

Skrill’s digital crypto wallet is a custodian wallet (usually held by an exchange) and therefore a digital currency wallet is not in the user’s possession, but held on behalf by a third party. Records are held by the cryptocurrency exchange and allow us to show the cryptocurrency held on your behalf. Please read the Skrill Cryptocurrency Risk Statement for further information on the Cryptocurrency Service.

3 crypto currencies

Test

Skrill’s digital crypto wallet is a custodian wallet (usually held by an exchange) and therefore a digital currency wallet is not in the user’s possession, but held on behalf by a third party. Records are held by the cryptocurrency exchange and allow us to show the cryptocurrency held on your behalf. Please read the Skrill Cryptocurrency Risk Statement for further information on the Cryptocurrency Service.

Test

Skrill’s digital crypto wallet is a custodian wallet (usually held by an exchange) and therefore a digital currency wallet is not in the user’s possession, but held on behalf by a third party. Records are held by the cryptocurrency exchange and allow us to show the cryptocurrency held on your behalf. Please read the Skrill Cryptocurrency Risk Statement for further information on the Cryptocurrency Service.

3 crypto currencies

Test

Skrill’s digital crypto wallet is a custodian wallet (usually held by an exchange) and therefore a digital currency wallet is not in the user’s possession, but held on behalf by a third party. Records are held by the cryptocurrency exchange and allow us to show the cryptocurrency held on your behalf. Please read the Skrill Cryptocurrency Risk Statement for further information on the Cryptocurrency Service.

3 crypto currencies
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