Skrill

Skrill (formerly Moneybookers) is an e-commerce business that allows payments and money transfers to be made through the Internet, with a focus on low-cost international money transfers. It is owned and operated by Skrill Limited, a UK-based company registered as a Money Service Business with Her Majesty's Revenue and Customs, regulated by the Financial Conduct Authority and licensed to operate within the European Union.

History

The moneybookers.com domain was first registered on 17 June 2001. On 27 July 2001, a company named Moneybookers Limited was incorporated in the United Kingdom. The moneybookers.com website along with the online payment system was launched on 1 April 2002. Almost 2 million new users registered with Moneybookers in the initial 1.5 years of operation.

In March 2007, Moneybookers was bought by Investcorp Technology Partners for 105 million and as of 9 March 2009, it was put up for sale by its owners for an estimated £365 million.

In 2008, Moneybookers claimed to operate in 200 countries of the world and handle over 6 million accounts.

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