Instamojo vs Skrill

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

Instamojo is a Business & Commerce solution with tags like payments, gateway, merchant, ecommerce.

It boasts features such as Online payment gateway, Customizable payment pages, Invoicing and accounting tools, Automated recurring payments, Mobile app for on-the-go payments, Reporting and analytics dashboard, Integration with popular platforms (e.g., WordPress, Shopify, Woocommerce) and pros including Easy to set up and use, Affordable pricing options, Supports various payment methods (e.g., debit/credit cards, UPI, net banking), Provides a secure and reliable payment processing platform, Offers features for small businesses and freelancers.

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.

Instamojo

Instamojo

Instamojo is an Indian payment gateway and merchant services provider that allows users to collect payments online. It offers easy integration into websites and apps to start collecting payments instantly.

Categories:
payments gateway merchant ecommerce

Instamojo Features

  1. Online payment gateway
  2. Customizable payment pages
  3. Invoicing and accounting tools
  4. Automated recurring payments
  5. Mobile app for on-the-go payments
  6. Reporting and analytics dashboard
  7. Integration with popular platforms (e.g., WordPress, Shopify, Woocommerce)

Pricing

  • Freemium
  • Pay-As-You-Go

Pros

Easy to set up and use

Affordable pricing options

Supports various payment methods (e.g., debit/credit cards, UPI, net banking)

Provides a secure and reliable payment processing platform

Offers features for small businesses and freelancers

Cons

Limited customization options for payment pages

Relatively higher transaction fees compared to some competitors

Limited international payment support (primarily focused on the Indian market)

Customer support can be slow at times


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