Pros and Cons of Opening a Skrill Account In Nigeria

Pros And Cons Of Opening A Skrill Account In Nigeria

Skrill is a good alternative to Paypal, when it comes to your online Payment solutions. If you dont know how to open a new Skrill account in Nigeria, you can do that here

Skrill is a European based online platform, formerly known as “Moneybookers”.

Officially launched in 2001, Skrill has made a name for itself, by registering its presence in close to 200 Countries, as well as operating in about 40 Currencies.

This means that with Skrill, you would have little or nothing to worry about, when engaging in Online transactions.

Before we talk about the Pros and Cons that are attached to opening a Skrill Account in Nigeria, or having a Skrill Account as a Nigerian, we would love to throw more light on what Skrill is all about.

Do well to read this article to the end, for full details.

About Skrill

Earlier in this article, we talked about the origin of Skrill.

It was launched in 2001, with the purpose of meeting needs that are surrounded around online transactions.

And with Skrill, you can easily shop online, transfer money to different Countries, with access to over 40 Currencies, and so much more.

Opening a Skrill Account in Nigeria is easy, but you have to understand the type of Skrill Account you want.

With regards to the Skrill Account types, it is essential to note that there are two types of Skrill Accounts.

They include;

• Personal Skrill Account
• Business Skrill Account

Personal Skrill Account

Just as the name implies, this type of Skrill Account is opened by individuals that wants to keep it simple.

With the Personal Account, you can;

• • Send and receive money around the World.
  • Shop online
  • Buy Crptocurrency
  • And other basic functions.

Business Skrill Account

Unlike the Personal Skrill Account, the Business Account is mostly used by Companies to perform Online Transactions.

In addition to that, you can also perform increased transactions with the Business Account, compared to the Personal Account.

And to apply for this type of Skrill Account, you would need the following;

• A scanned copy of a valid means of Identification.
• A copy of your Utility Bill, for the last three months.

Now, let us look at the Pros and Cons of opening a Skrill Account in Nigeria, so as to help you make your next set of decisions.

Pros Of The Skrill Account

As one of the most popular payment gateways in the world, Skrill;

• Makes payment processing look very easy. It provides diverse payment options, such as credit cards, email transactions, and even cash.
• Allows you to transact in about 40 currencies around the World.
• Provides one of the highest levels of security and transparency, for each transaction.
• Allows user to easily open an account at the Skrill website, while getting assistance from their customer care service.
• Allows users to easily make cash withdrawals from ATMs.

Cons Of The Skrill Account

There are also some downsides, when it comes to using Skrill.

They include;

• Users with inactive accounts would have to pay a fee of €3 every month.
• Non-VIP Members are limited to a withdrawal amount of €900, while Bronze and Silver Accounts are limited to withdrawing €1200 and €1500 respectively.

If further limitations would be placed on the Skrill Account, both for Nigerian Users and beyond, this page would be updated to keep you informed.

However, if the Cons would not pose  any challenge to you, then visit the official website of Skrill  via skrill.com, to create your Skrill Account.

Do well to reach us via the comment section for further assistance, and answers to questions you may have.

Or, you reach out to the customer care service of the Skrill Community, to ensure that you start using Skrill as soon as possible.