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Personal Finance · head to head

Skrill vs Veem

Skrill logo

Skrill

Personal Finance

Fast and secure money transfer

From
Free
Rated
-
Full reviewWebsite
Veem logo

Veem

Accounting

Global business payments made simple

From
$14.99/month
Rated
-
Full reviewWebsite

The short version

  • Only Skrill has a free tier, so it costs nothing to try first.
  • Each has a real cost: Skrill a currency conversion fee of 4.49 percent applies to most conversions; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • They diverge on capability: Skrill covers Money transfers, Veem covers International payments.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Skrill and Veem actually diverge.

Attributes where Skrill and Veem differ
AttributeSkrillVeem
Starting priceFree$14.99/month
Pricing modeltransactionUnknown
Free tierYesNo
CategoryPersonal FinanceAccounting
Founded20012014

Identical on both: platforms (Web, IOS, Android), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Skrill

  • Money transfers
  • Digital wallet
  • Currency conversion
  • Prepaid card
  • Bank accounts
  • Credit cards
  • IOS support

Only in Veem

  • International payments
  • Multi-currency
  • Invoice creation
  • Payment tracking
  • Accounting sync
  • QuickBooks
  • Xero
  • NetSuite

Both cover

  • Web support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Skrill

  • Sending money internationally from a prepaid digital walletnot Veem
  • Funding and withdrawing from online merchants and gaming sitesnot Veem
  • Buying and selling cryptocurrency inside a wallet accountnot Veem

Veem

  • International vendor paymentsnot Skrill
  • Cross-border transactionsnot Skrill

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Skrill

  • A currency conversion fee of 4.49 percent applies to most conversions
  • An inactivity fee of EUR 5.00 is deducted monthly after six months with no login or transaction
  • Card deposits carry a 2.50 percent fee
  • SWIFT bank withdrawals cost 2.80 percent with a minimum fee of EUR 3.5
  • Skrill to Skrill transfers cost 2.99 percent with a EUR 0.50 minimum on standard accounts, reduced to 1.45 percent only for True Skriller accounts
  • Crypto trading fees are tiered by VIP status, from 1.50 percent standard down to 1.30 percent at Gold and Diamond VIP

Veem

  • Per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • No free tier - even basic sending incurs transaction fees
  • Premium plan pricing at $14.99/month may not offset savings on transaction fees
  • Limited banking partnerships compared to larger financial platforms

Pricing, plan by plan

Skrill

Free
  • Free AccountFree
    • Money transfers
    • Digital wallet
  • Premier Account$undefined/month
    • Higher limits
    • Special rates

Veem

$14.99/month

No published plan breakdown. See the Veem review.

Which should you pick?

Choose Skrill if

  • You need money transfers.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want digital wallet.
Skrill review

Choose Veem if

  • You need international payments.
  • You work on Web, iOS, Android.
  • You also want multi-currency.
Veem review

Questions people ask

Is Skrill or Veem better?
Neither clearly leads. Skrill starts at Free and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Skrill or Veem?
Skrill has a free tier; the other does not. Paid plans start at Free for Skrill and $14.99/month for Veem.
Does Skrill or Veem run on more platforms?
Skrill runs on Web, IOS, Android. Veem runs on Web, iOS, Android.
Can I use Skrill for free?
Yes. Skrill has a free tier, so you can try it without paying. Veem starts at $14.99/month.
What is Skrill best used for?
Skrill is most often used for sending money internationally from a prepaid digital wallet, funding and withdrawing from online merchants and gaming sites, buying and selling cryptocurrency inside a wallet account. Of those, sending money internationally from a prepaid digital wallet and funding and withdrawing from online merchants and gaming sites are not what Veem is typically brought in for.
What can Skrill do that Veem cannot?
Skrill covers Money transfers, Digital wallet, Currency conversion, Prepaid card. Veem covers International payments, Multi-currency, Invoice creation, Payment tracking. Both handle Web support, Android support.

Answered from the vendors’ own pages

Skrill: Is Skrill free to use?

Skrill operates on a freemium model. The digital wallet is free to open and use for basic features. The site refers to a fees page where transfer, conversion, and service fees are disclosed.

Source
Veem: What payment methods does Veem support?

Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.

Source
Skrill: What are Skrill's fees for transfers and conversions?

Skrill lists transfer, conversion, and service fees but does not display the specific amounts on the homepage. Detailed fee structures are available on Skrill's dedicated fees page at /en/siteinformation/fees/.

Source
Veem: Is there a free tier?

No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.

Source
Skrill: What services does Skrill offer?

Skrill provides international money transfers, online payment processing, cryptocurrency buying and selling, loyalty rewards through the Knect points program, and a mobile app. These services are included in the free account.

Source
Veem: What integrations does Veem have?

Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.

Source
Skrill: Is Skrill regulated?

Yes. Skrill Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for issuing electronic money and payment instruments. It is also registered with the FCA as a cryptoasset firm.

Source
Veem: How does Veem handle exchange rates?

Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.

Source
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