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PayPal Braintree VS Skrill

Compare PayPal Braintree VS Skrill and see what are their differences

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PayPal Braintree logo PayPal Braintree

An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

Skrill logo Skrill

Skrill (formerly known as Moneybookers) is the cheaper way to send and receive money worldwide.
  • PayPal Braintree Landing page
    Landing page //
    2018-10-10
  • Skrill Landing page
    Landing page //
    2023-10-22

PayPal Braintree features and specs

  • Comprehensive Payment Options
    Braintree supports a variety of payment methods, including credit/debit cards, PayPal, Apple Pay, Google Pay, and more, giving businesses the flexibility to offer multiple payment options to their customers.
  • Global Reach
    Braintree offers support for multiple currencies and countries, making it suitable for businesses that operate or plan to operate internationally.
  • Developer Friendly
    Braintree provides extensive documentation, SDKs, and APIs, making it an excellent choice for developers looking for easy integration and customization.
  • Advanced Security
    Braintree offers robust security features such as PCI compliance, data encryption, and fraud detection tools to ensure transactions are secure.
  • Transparent Pricing
    Braintree offers straightforward and transparent pricing without hidden fees, making it easier for businesses to understand their costs.
  • Recurring Billing
    Braintree supports subscription-based billing and recurring payments, making it ideal for businesses that offer subscription services.

Possible disadvantages of PayPal Braintree

  • Complex Onboarding
    Some users have reported that the onboarding process can be complicated and time-consuming, especially for smaller businesses or those with less technical expertise.
  • Fees for International Transactions
    While Braintree supports global transactions, there are additional fees for currency conversion and international payments, which can add up for businesses with a large international customer base.
  • Limited Customer Support
    Some users have experienced difficulties with the limited availability of customer support, especially when dealing with urgent issues.
  • Complex Fee Structure
    While Braintree's pricing is transparent, it can still be complex with various fees for different types of transactions, making it harder for businesses to estimate their exact costs.
  • Settlement Times
    The time it takes for funds to be settled into the business's bank account can be longer compared to some other payment processors, which might be a concern for businesses needing quicker access to their funds.

Skrill features and specs

  • Global Reach
    Skrill allows users to send and receive money internationally in multiple currencies, making it ideal for global transactions.
  • Security
    The platform employs high security measures, such as two-factor authentication and encrypted transactions, to protect user data and funds.
  • Multiple Services
    In addition to money transfers, Skrill offers services like prepaid cards, cryptocurrency trading, and online payments.
  • Ease of Use
    Skrill has a user-friendly interface and app, making it easy for both individuals and businesses to manage their finances.
  • Merchant Integration
    Businesses can integrate Skrill as a payment method on their websites, providing more options for their customers.

Possible disadvantages of Skrill

  • Fees
    Skrill charges various fees for transactions, withdrawals, and currency conversions, which can accumulate and become costly.
  • Account Limitations
    New and unverified accounts may face limitations on the amount of money that can be sent and withdrawn until verification is completed.
  • Customer Support
    Some users report that Skrill's customer support is slow to respond and can be unhelpful with resolving issues.
  • Geographical Restrictions
    Certain features and services offered by Skrill might not be available in all countries, limiting its usability for some users.
  • Strict Anti-fraud Measures
    While security is generally a pro, Skrill's strict anti-fraud measures can sometimes lead to account freezes and delays in transactions, which can be inconvenient.

PayPal Braintree videos

+ Add

Collect payments with the Braintree payment processor

More videos:

  • Review - Kai's Paypal vs Braintree vs Stripe tour

Skrill videos

+ Add

Skrill Review - My honest opinion after using it for a year

More videos:

  • Review - Skrill Review
  • Review - SKRILL SCAM -200$ [WATCH BEFORE USING SKRILL]

Category Popularity

0-100% (relative to PayPal Braintree and Skrill)

PayPal Braintree

Skrill

Online Payments
64 64%
Online Payments
36% 36
Payment Platform
57 57%
Payment Platform
43% 43
Recurring Billing
65 65%
Recurring Billing
35% 35
Finance
59 59%
Finance
41% 41

User comments

Share your experience with using PayPal Braintree and Skrill. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare PayPal Braintree and Skrill

PayPal Braintree Reviews

What to Use Instead of PayPal? 10 Best PayPal Alternatives
Braintree is a PayPal service, but it is still one of the PayPal alternative payment methods worth considering. There is no monthly fee for using this payment service. Accepting payments from credit or debit cards or digital wallets costs 2.59% + $0.49 per transaction. You can also use Braintree to accept Venmo payments in the United States, but this costs 3.49% + $0.49....
Source: www.podium.com.au
Best payment gateway: Top 7 best payment gateways
Braintree, which belongs to PayPal, offers both in-store and online payment processing. It’s a simple service that accepts all the most popular payment methods, with a sleek interface.
Source: wise.com
Would you use Paddle, Chargebee, Chargify, or just Stripe?
The value that those services provide is a single solution for both PayPal and Stripe. It's tempting, but paying someone forever like that isn't ideal. I would roll Stripe to start, then implement Braintree for PayPal at a later time.
Source: www.indiehackers.com
Australian Payment Gateways
Ideal for companies who want to want to expand globally (similar to Stripe mentioned above), Braintree (a subsidiary of PayPal) accepts payments in more than 130 currencies, with minimal fees. They also offer a premium mobile experience, accepting cards, PayPal and Apple Pay, and have flexible features including the ability to split payments between you and your...
Source: soulandwolf.com.au

Skrill Reviews

Top 5 Payoneer Alternatives for Seamless Online Transactions
Key Features: Focuses on international money transfers and online payments, offering features like virtual cards and fast transfer speeds. Skrill caters to businesses seeking versatile payment solutions. It also offers omnichannel processing, allowing for payments through various options like ACH, e-commerce platforms, and mobile wallets.
Source: www.doola.com
What to Use Instead of PayPal? 10 Best PayPal Alternatives
Skriller-level accounts include some fees while True Skriller accounts waive fees. The latter may not be ideal for small businesses, though. Overall, there are no deposit fees and low fees for withdrawals. It is also free to send and receive money.
Source: www.podium.com.au
8 Best Payoneer Alternatives – Which Payoneer Competitors You Can Use?
Skrill is another worthy Payoneer alternative. It is much more than just a digital payment platform. The company has been in existence for over two decades. Receiving and sending funds are some of their main features. Customers can also buy and sell cryptocurrencies. Companies can open merchant accounts, and all account holders can receive a pre-paid debit card.
Source: www.kasareviews.com
8 Best Wise Alternatives – Which Wise Competitors Should You Try?
Skrill’s debit card transfer exchange rate margins are a bit more expensive than transfers made by credit card. If Skrill is not what you need, then be sure to check best Skrill alternatives.
Source: www.kasareviews.com
5+ Best Payoneer Alternatives For Freelancers & Businesses
The best characteristic of Skrill is its no transaction fee policy if you receive money in your Skrill account. Similarly, if you pay using Skrill Wallet and send money to an international account with the Skrill Money Transfer feature, no transaction fee is applicable.
Source: digitalmarketingtipsy.com

What are some alternatives?

When comparing PayPal Braintree and Skrill, you can also consider the following products

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

ACE Money Transfer - ACE Money Transfer is a web-based money transfer service for sending money easily and in a hassle-free mode.

ProPay - ProPay is a multiple payment making service provider that lets its users to make payment to anyone in any part of the world.

XE.com - XE.com Inc. (XE) is a Canadian online foreign exchange services company.

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