LONDON--(BUSINESS WIRE)--Skrill, the online payments company behind Skrill Money Transfer, is immediately dropping all fees and foreign exchange charges for anyone using Skrill Money Transfer to send money to Italy. There will also be no charges for recipients in Italy. The decision was announced today by Skrill CEO, Lorenzo Pellegrino, an Italian national, in a bid to support people across the country during the current COVID-19 outbreak.
Skrill was founded in 2001 and its money transfer service allows customers to send money from anywhere in the world directly to people in over 40 countries, including Italy. The recipient doesn’t need to have a Skrill account to receive funds, which can also be sent to bank accounts and mobile wallets.
Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at specialised payments platform Paysafe, said: “I am utterly heartbroken to see this situation unfold in my home country. By removing all fees and foreign exchange mark ups, people who are sending money to loved ones in Italy from outside of the country will see more of their funds going to the right place.”
Skrill has been making digital payments simple, secure and quick since 2001. We’re an acknowledged world-leader in developing global payment solutions for people’s business and pleasure, whether they’re buying online or sending money to family and friends. We also meet the needs of businesses worldwide, helping them build a global customer base and drive growth.
Paysafe Group (Paysafe) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions.
With over 20 years of online payment experience, an annualised transactional volume of over US $85 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world.
Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.
Visit us at www.paysafe.com.