The PayPal vs Skrill comparison is different to the NETELLER vs Skrill comparisonSkrill (former Moneybookers) and PayPal aim for different customers in some parts of their e-wallet businesses and therefor offer different conditions.
Most important: PayPal does not provide most Poker, sports betting and online gambling rooms as merchants.

All data of the following PayPal vs Skrill comparison are updated whenever it is required.

Last updated: June, 2017

[Total: 5    Average: 2.8/5]

Please contact us if you spot any missing or outdated info on this page.

PayPal does not offer a VIP program like Skrill, NETELLER or ecoPayz do. The information in bricks in the following fee comparison show the benefits of Skrill VIP members.

  • requirements to reach & maintain the VIP levels
  • Bronze VIP
  • Silver VIP
  • Gold VIP
  • Platinum VIP
  • Diamond VIP
  • Check for details
  • PayPal VIP - not available
  • n/a
  • n/a
  • n/a
  • n/a
  • n/a
  • n/a

The fees at PayPal are very complicated and different for many cases. The following comparison provides information for personal usage with lower fees than the PayPal business accounts. Please check the anchored links to PayPal’s User Agreement in the following PayPal vs Skrill comparison for more information.

  • specific VIP status in (bricks)
  • Available accounts per customer
  • Available account currencies
  • One time Signup Bonus
  • Account management fees
  • Account unused
  • Exchange fees (FX)
  • Receive money
  • Send money (p2p)
  • Deposit fees
  • – bank transfer
  • – instant bank deposit
  • – credit card
  • Withdraw fees
  • – bank transfer
  • – cheque
  • – prepaid card at the ATM
  • – to merchant site
  • Check for details
  • NETELLER vs Skrill
  • (bronze; silver; gold; diamond)
  • 1 account
    (1;2;3;4 different currency accounts)
  • 41
  • free
  • unused for 12 months: 1 EUR/month
  • 3.99% (3.79%; 2.89%; 2.59%; 1.99%)
  • free
  • 1.9%, max 20 EUR (1%, max 10 EUR for bronze; FREE for silver, Gold and Diamond VIPs)
  • free
  • free
  • 1.90% (1.25%; free; free; free)
  • 5.50 EUR (5.50; free; free; free)
  • 3.50 EUR
  • 1.75% (1.75%; free; free; free)
  • free
  • NETELLER vs PayPal
  • n/a
  • 2 accounts
    (1 personal + 1 business account)
  • 25
  • n/a
  • free
  • free
  • 2.5%
  • Free for p2p in same country and currency by using bank or PayPal balance only. By transferring money internationally, with different currencies or by using a credit card the fee is between
    2.9% + 0.30 USD (from US to US account) and
    7.4% + 0.50 USD (from US to Brazil account)
    –> PayPal User Agreement Receive Money
  • free
  • free
  • free
  • between 2.90% + 0.30 USD and 7.40% + 0.50 USD
  • free
  • 1.50 USD
  • 1.95 USD
  • free (only available at few online gambling providers)
  • Prepaid Card
  • – fee to order & annual membership
  • – costs at points of sale
  • – balance inquire
  • – online bank statement
  • – new PIN
  • – new prepaid card
  • – cash withdrawal at ATM limits/24h
  • – points of sale limits/24h
  • – delivery time
  • – available currencies
  • – validation
  • – virtual MasterCard
  • Check for details
  • Cashback & Promotions
  • – promotions
  • Two factor Authentication
  • – fee to order
  • – delivery time
  • – Money-back guarantee in case of fraud
  • Link to Terms & Conditions
  • Check for details

Skrill (Moneybookers) was able to double their memberships to more than 35 million as well as their overall transfers to 55 billion EUR within last 2 years. Compared to PayPal with “128 million active registered accounts” and 110 billion EUR value of transactions in 2012, Skrill (Moneybookers) is still the much smaller competitor. But with a growing rate of around 20% PayPal grew slower than Skrill (Moneybookers) did with more than 50% last years.
Skrill (Moneybookers)was able to team up with biggest global players, such as Facebook, Skype and Ebay. Ebay acquired PayPal in 2002 and is benefiting from their own e-wallet provider. PayPal revenues represented 40% of eBay Inc. revenues in 2012, showing the strength of that acquisition a decade ago. As of 2015, PayPal is now seperated from the mother company Ebay.

PayPal will probably keep growing with a rate of 20% within the next years. Regarding much smaller fees for personal accounts, but especially for merchants, it will be interesting to see how Skrill (Moneybookers) will compete with PayPal having Ebay as the strongest supporting website. Aiming for the US market, especially the huge online gambling market could be a way for Skrill (Moneybookers) to outperform PayPal within the next 5-7 years. The full consequences of PayPal leaving the Ebay. Inc. group cannot be foreseen at this time.

Pro Skrill

  • Usage for Online Gambling:
    PayPal is not offered by most online gambling providers while Skrill (Moneybookers) is the #1 in that segment.
  • Fees:
    Even though the fees in this PayPal vs Skrill comparison are provided for personal accounts and are much lower than those for business accounts at PayPal, it is easy to see the huge advantage of Skrill (Moneybookers) over PayPal when it comes to their fees. Especially the fees for receiving money and using the PrePaid Card cannot compete with those of Skrill (Moneybookers).
  • VIP Program:
    PayPal does not offer any VIP program, while Skrill is almost 100% free for any use with easy to reach Skrill VIP status.
  • Cashback:
    Beside the $15 sign up bonus for new customers, there are more promotions from time to and time and cashback available with eWallet-Optimizer. PayPal does not offer any kind of cashback for sent transfers to merchants at all.

Pro PayPal

  • Biggest eWallet provider:
    With the acquisition of Ebay PayPal became the best known and biggest e-wallet provider on the net. Because of this, most merchants accept the higher fees and offer PayPal as their payment service to be able to reach as many customers as possible.
  • Safety:
    With having an official bank status as Luxembourg-based bank, PayPal is a safe e-wallet provider.

Most people have a PayPal account for smaller transfers or when they buy things at Ebay. But when it comes to bigger transactions, especially for online gamblers and Forex traders, Skrill (Moneybookers) is the way better option. The fees are not even comparable for these two eWallet providers.

We only provide Skrill, NETELLER and ecoPayz with our value added eWallet-Optimizer program, because we want our clients to benefit from the best conditions available.
If you want to learn more about it, please have a look at our Skrill + eWallet-Optimizer Program or [contactus].

Skrill & eWO

 Easier & faster VIP Status Upgrades.
 0.3% Cashback on your Transfers.
 15 USD welcome bonus (only new clients!)
 Additional & personal Support – 365 days a year.