Skrill vs Instamojo

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

Skrill is a Online Services solution with tags like ewallet, money-transfer, online-payments.

It boasts features such as 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 pros including Low fees, High security, Convenience, Fast transfers, Accepted by many merchants globally, Available in multiple languages.

On the other hand, Instamojo is a Business & Commerce product tagged with payments, gateway, merchant, ecommerce.

Its standout features include 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 it shines with pros like 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.

Feature	Skrill	Instamojo
Overall Score	1	N/A
Primary Category	Online Services	Business & Commerce

Product Overview

Skrill

Description: 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.

Instamojo

Description: 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.

Key Features Comparison

Skrill Features

• 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

Instamojo Features

• 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)

Pros & Cons Analysis

Skrill

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

Instamojo

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

Pricing Comparison

Skrill

• Free
• Subscription-Based

Instamojo

• Freemium
• Pay-As-You-Go