Dwolla vs Skrill

Struggling to choose between Dwolla and Skrill? Both products offer unique advantages, making it a tough decision.

Dwolla is a Business & Commerce solution with tags like money-transfer, bank-transfers, low-fees, payment-platform.

It boasts features such as Bank transfers, ACH payments, White label payments, Automated payments, Mass payouts, Custom integrations and pros including Low flat fees, Fast bank transfers, Secure platform, Simple integration, Good for recurring payments.

On the other hand, Skrill is a Online Services product tagged with ewallet, money-transfer, online-payments.

Its standout features include Send and receive money internationally, Facilitates payments for merchandise, services, and online gambling, Digital wallet to store funds, Make quick payments using email address or mobile number, Supports multiple currencies, Offers debit card to withdraw funds, and it shines with pros like Low fees, High security, Convenience, Fast transfers, Accepted by many merchants globally, Available in multiple languages.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Dwolla

Dwolla

Dwolla is a financial technology company that offers an online payment platform to transfer money between banks and businesses for a low flat fee. It allows fast and secure bank transfers without the high fees of services like PayPal or credit cards.

Categories:
money-transfer bank-transfers low-fees payment-platform

Dwolla Features

  1. Bank transfers
  2. ACH payments
  3. White label payments
  4. Automated payments
  5. Mass payouts
  6. Custom integrations

Pricing

  • Freemium
  • Subscription-Based

Pros

Low flat fees

Fast bank transfers

Secure platform

Simple integration

Good for recurring payments

Cons

Limited payment options

Less known than PayPal

Must link bank account

US only


Skrill

Skrill

Skrill is an online payment platform and digital wallet that allows users to send and receive money internationally. It facilitates payments for merchandise, services, and online gambling. Skrill is known for low fees, security, and convenience.

Categories:
ewallet money-transfer online-payments

Skrill Features

  1. Send and receive money internationally
  2. Facilitates payments for merchandise, services, and online gambling
  3. Digital wallet to store funds
  4. Make quick payments using email address or mobile number
  5. Supports multiple currencies
  6. Offers debit card to withdraw funds

Pricing

  • Free
  • Subscription-Based

Pros

Low fees

High security

Convenience

Fast transfers

Accepted by many merchants globally

Available in multiple languages

Cons

Limited customer service options

Transaction limits for new users

High fees for some currencies

Not available in all countries