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Personal Finance · head to head

Skrill vs Wally

Skrill logo

Skrill

Personal Finance

Fast and secure money transfer

From
Free
Rated
-
Full reviewWebsite
Wally logo

Wally

Personal Finance

Smart expense tracking for travel and daily life

From
Free
Rated
-
Full review

The short version

  • Each has a real cost: Skrill a currency conversion fee of 4.49 percent applies to most conversions; Wally the Internet Archive's capture of wally.me on 2 January 2019 stated the app is free ('Control your money seamlessly. And, it's free.'), and claimed rankings as the #1 finance app in 22 countries and top 10 in 52 countries at that time.
  • They diverge on capability: Skrill covers Money transfers, Wally covers Receipt OCR scanning.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Skrill and Wally actually diverge.

Attributes where Skrill and Wally differ
AttributeSkrillWally
Pricing modeltransactionfreemium
PlatformsWeb, IOS, AndroidIOS, Android
Founded20012009

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Personal Finance).

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
  • Web support

Only in Wally

  • Receipt OCR scanning
  • Expense tracking
  • Receipt storage
  • Category management
  • Cloud storage

Both cover

  • IOS 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 Wally
  • Funding and withdrawing from online merchants and gaming sitesnot Wally
  • Buying and selling cryptocurrency inside a wallet accountnot Wally

Wally

  • Budget Managementnot Skrill
  • Expense Trackingnot Skrill
  • Investment Trackingnot 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

Wally

  • The Internet Archive's capture of wally.me on 2 January 2019 stated the app is free ('Control your money seamlessly. And, it's free.'), and claimed rankings as the #1 finance app in 22 countries and top 10 in 52 countries at that time.

Pricing, plan by plan

Skrill

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

Wally

Free
  • FreeFree
    • Receipt scanning
    • Expense tracking
    • Basic reports
  • Premium$9.99/month
    • Advanced analytics
    • Unlimited storage
    • Cloud sync

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 Wally if

  • You need receipt ocr scanning.
  • You want to start without paying.
  • You work on IOS, Android.
  • You also want expense tracking.
Wally review

Questions people ask

Is Skrill or Wally better?
Neither clearly leads. Skrill starts at Free and Wally at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Skrill or Wally?
Skrill starts at Free and Wally at Free.
Does Skrill or Wally run on more platforms?
Skrill runs on Web, IOS, Android. Wally runs on IOS, Android.
Can I use Skrill for free?
Both have a free tier, so you can try either at no cost before committing.
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 Wally is typically brought in for.
What can Skrill do that Wally cannot?
Skrill covers Money transfers, Digital wallet, Currency conversion, Prepaid card. Wally covers Receipt OCR scanning, Expense tracking, Receipt storage, Category management. Both handle IOS 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
Wally: Does Wally charge a subscription fee?

No, Wally is a free Chrome extension. The service compares product prices across retailers like Amazon, Walmart, Target, and Nike without requiring any payment from users.

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
Wally: How does Wally make money if it is free?

The provided website content does not disclose Wally's business model or revenue source. The extension appears to be offered free to users for price comparison across retailers.

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
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
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