Skrill vs Neteller: A Detailed Comparison of Fees, Features, and User Satisfaction
Whether you’re a gamer aiming for the next big win, a savvy trader making quick moves, or a freelancer handling international clients, managing your money efficiently is crucial. But with so many digital wallets to choose from, finding the right one can feel overwhelming.Enter Skrill and Neteller—two of the most popular ewallets on the market. Both promise to simplify your transactions, but how do they really stack up when it comes to fees, features, and overall user experience?
In this article, we’ll take a deep dive into Skrill vs Neteller, breaking down everything you need to know to help you make the best choice. Whether it’s low fees, ease of use, or added features, we’ve got you covered!
BACKSTORY OF SKRILL AND NETELLER
Both Skrill and Neteller have been around for quite a while. Over the years, they’ve earned their place as two of the most popular digital wallets.Skrill was founded in 2001 and quickly became a go-to payment solution, especially in the gaming and trading industries. Neteller launched in 1999 and originally focused on helping people move money online safely and securely.
Today, both platforms are major players in gaming, trading, and freelancing. They offer many features that make managing your money easier.
MONEY TRANSFER FEES
Fees apply for both domestic and international transactions when transferring money using Skrill or Neteller.Skrill Money Transfer Fees
Domestic Transfers
- Skrill to Skrill: 2.99% fee (FREE for True Skrillers)
- Receive Money to Skrill: FREE
International Transfers
- The currency conversion fee is 4.99%.
- Send via Debit Card, Manual Bank Transfer, Bank Transfer via Sofort/Klarna, Paysafecash: FREE
- Send money via Credit Card fee: 2.99%
- Receive Money to Skrill: FREE
Neteller Money Transfer Fees
Domestic Transfers
- Send Money from Neteller to Neteller: 1.45% fee (Free with Neteller True status)
- Receive Money to Neteller: FREE
- Currency Conversion: 4.49%
- Receive Money to Neteller: FREE
Skrill and Neteller both offer free receiving options, but their sending fees and currency conversion rates differ. Skrill charges a higher fee for domestic transfers unless you have a verified account (Skriller True), while Neteller offers a lower fee for domestic transfers. For international transfers, both have similar currency conversion fees, but Skrill offers more free sending options.
DEPOSIT FEES COMPARISON
When depositing funds to your Skrill or Neteller account, you will incur certain fees from the ewallet provider.
Skrill Deposit Fees
- Local Deposit Methods (e.g., bank transfer, Paysafecard, Trustly): 1% fee
- Global Deposit Methods (e.g., Visa, MasterCard, Diners): 1% fee
- USA Customers: All deposits are FREE
Neteller Deposit Fees
- Local and Global Deposit Methods: 2.5% fee
Skrill offers a more cost-effective option for deposits, with a lower fee of 1% compared to Neteller’s 2.5% fee.
WITHDRAWAL FEES COMPARISON
When withdrawing money from your Skrill or Neteller account, different fees apply depending on the which method you use.Skrill Withdrawal Fees
- To Bank Account: 5.50 EUR
- To Neteller Account: 3.49%
- To Credit Card: 7.5%
Withdrawals to Visa and Mastercard accounts fees are only 1.99% across all Skrill VIP tiers (Silver, Gold, and Diamond). Enjoy lower fees by becoming a Skrill VIP for FREE today! >>
Neteller Withdrawal Fees
- To Bank Account: 10 USD
- To Skrill Account: 3.49%
For regular withdrawals to a bank account, Skrill is more cost-effective, charging a fixed fee of 5.50 EUR compared to Neteller’s 10 USD fee.
FEES FOR DEPOSIT TO A MERCHANT
Skrill and Neteller are excellent deposit methods for online merchants, especially in gambling, gaming, and trading sectors. They are integrated into many payment systems because of their speed, security, reliability, and discretion.Deposit Fees to Merchants:
- Skrill: FREE
- Neteller: FREE
CRYPTO SERVICE FEES
Neteller and Skrill both offer the ability to invest in crypto directly within their platforms. You can convert your fiat funds into major cryptocurrencies like BTC, ETH, LTC, and others.Currency Conversion
If your primary account is in EUR for Skrill or USD for Neteller, you won’t face currency conversion fees when trading crypto.- For other fiat currencies, a 1.5% foreign exchange fee applies.
Skrill Crypto Transaction Fees
- Up to 19.99 EUR: 0.99 EUR per transaction
- Between 20-99.99 EUR: 1.99 EUR per transaction
- Above 100 EUR: 1.50% per transaction
Neteller Crypto Transaction Fees
- All transactions: 1.50% per transaction
While both Skrill and Neteller support the same range of cryptos, their fee structures vary. Skrill has a tiered fee system based on transaction amounts, while Neteller charges a flat rate of 1.50% per transaction.
FEATURES COMPARISON
Let’s break down the key features of Skrill and Neteller ewallets:
- Security
- Usability and Interface
- Prepaid Cards
- Global Reach
- VIP Programs
Get Skrill VIP status for FREE >>
Get Neteller VIP status for FREE >>
USER SATISFACTION
When it comes to keeping customers happy, Skrill and Neteller both have their strengths.- Customer Service
- User Reviews
- Transaction Speed
WHICH PLATFORM IS RIGHT FOR YOU?
Choosing between Skrill and Neteller depends on your needs.Skrill is ideal for gamers, traders, and freelancers who prioritize lower fees and faster transfers.
Neteller, however, excels in frequent international transactions with a strong focus on security.
Both platforms offer valuable VIP programs, with perks like reduced fees, higher limits, and minimized currency conversion costs. Skrill recently dropped withdrawal fees for VIP members, making it an even more attractive option.
Get Skrill VIP account today >>
Get Neteller VIP status right now >>
Both platforms provide security and efficiency, so whichever you choose, you're in good hands!
Take advantage of exclusive VIP rewards now!
