Skrill Launches New Product to Simplify International Money Transfers
Key Takeaways
  • Skrill iT allows all Skrill customers to send money with just the name and email address of the recipient.
  • New system costs 1% capped at €10, with currency exchange rates at 2.99%.

Online wallet Skrill, formerly Moneybookers, has launched a new product for easy cross-border money transfers, dubbed Skrill iT.