Kat Moon in SKRILL
Aug. 3, 2020

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After Brexit, Skrill moves to Ireland

To provide smooth services, Skrill moves its operations to the Paysafe Payment Solutions Limited under the authority of the Central Bank of Ireland.

After Brexit, Skrill moves to Ireland

Skrill announced to its customers that it had to make some changes to continue providing services in the European Economic Area. After the Brexit in January 2020, Skrill Limited had to find a way to provide services without interruptions.

What is Skrill doing to avoid interruptions?

The UK's farewell from the EU has left all international companies with a serious operational challenge. To continue with services to the EEA as usual, Skrill has decided to move its operations away from the Skrill Limited, regulated by the UK Financial Conduct Authority.

In future, we will provide services to our customers in the EEA through a Paysafe Group company based in Ireland, Paysafe Payment Solutions Limited ("PPSL") (company number 626665). PPSL is authorised and regulated by the Central Bank of Ireland as an electronic money institution (register number C184986).

Skrill

With this move, there will be only a minimum impact on services to customers in the EEA.

What is changing with the transition?

All Skrill customers in the EEA will receive email notification about the transition from Skrill Limited to Paysafe Payment Solutions Limited. Thus, changes in terms and Conditions will apply.

From August 4th, services will no longer be provided by Skrill Limited instead of the Paysafe Group company based in Ireland. The scope of services will remain the same.

As Paysafe Payment Solutions Limited will manage all accounts, the terms will change to reflect the transfer.

  • The details of the Skrill service provider will change from Skrill Limited to Paysafe Payment Solutions Limited;
  • The governing law and jurisdiction change from the UK to Ireland;
  • The details of the applicable point of contact for potential complaints will change.

Skrill users can access the revised terms here:

Should Skrill users and affiliates do anything at this point?

Actually no. All these changes will be automatic without disturbances to your account, transfers and crypto service, or gaming accounts supported by Skrill.

Any existing balance with Skrill Limited will automatically be transferred to PPSL and will remain available as normal.

Conclusion

These changes will not affect users and affiliates. Paynura, the affiliate platform for Skrill and Neteller, continues with the Skrill and NETELLER offer and support to our partners from poker, sportsbook, casino, and trading verticals.

If you notice any issues with your Skrill account, you can contact Paynura customer support via live chat, social media, or email support. We are here to help and provide a smooth communication bridge to Paysafe.

 

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