GoCardless vs. Skrill

I think it's a great payment gateway for small businesses which are new to the business and looking for something low budget & an easy-to-use platform to begin accepting the payments. It does streamline the cash flow & gives good visibility to payment status but sometimes it takes 3-4 days in the reconciliation of balances which might not be suitable for businesses looking to have a quick turn-around-time of balances.

Incentivized

What I like best about Skrill is that it allows me to conduct international transactions without having to go through cumbersome deposit and withdrawal processes. I can transfer money to anyone in the globe who has a Skrill account, and they may withdraw it to their bank account with ease. I can also instantly add and take funds from my Skrill account. When it comes to internet transactions, SKrill has been a huge assistance. Removing the most inconvenient process of forming banks online, transferring money that takes days to authenticate, and landing into the recipient's account with extra paperwork required to withdraw money from a bank account.

Incentivized

• Reliably takes recurring payments
• Makes it easy and secure for customers to set up their direct debits with us
• Informs us when payments have failed at the customer's end
• Makes it easy to see upcoming payments that will be collected

Incentivized

• It is a global payment processor because it is accessible from everywhere.
• Manageable exchange rates make financial sense.
• Skrill does allow you to make purchases on European websites and send money outside of the United States.
• You should use Skrill for international money transfers

Incentivized

• Reduction in fees for customers who use it for large volumes of clients
• Easier for clients to review their payment plans
• Payment sooner to our bank account

Incentivized

• Skrill needs full verification for big transactions. I think they should increase the limit.
• Users need to have a European residential address verified in order to get the MasterCard. This facility should be open worldwide.
• The currency exchange rates aren’t good in Skrill.

Incentivized

We ended up using Tipalti which seems to have solved our specific needs better, though it is more expensive.

Incentivized

It has a good web dashboard, you can see who has paid, who hasn’t, when payments will be taken from client and when they will arrive in the bank account

Incentivized

Because it's simple to use, works well since we have first set it up and we never had any issues with it.

Incentivized

There is no phone support, email only, and the support is slow coming. The support staff often don't read your support query properly, so you waste time having to re-explain yourself. That is the only downside of this product.

Incentivized

GoCardless better fit Kanopy's needs for the following reasons: (1) desire to decrease credit card payments which carry higher costs, (2) single payment solution for 12+ countries via direct debit at no fees for customers, and (3) better customer integration potential for company website portal and A/R 3rd party tool.

Incentivized

Skrill does an excellent job for the completion of monetary transactions abroad and it fares very well if I have to send a moderate amount of money. It offers zero transfer fees and a competitive exchange rate with ACH bank to bank transfers and fund transfers funded by debit card transactions.

Incentivized

• Customers appreciate using a bank account for payments to eliminate any credit card fees that may be implemented in the future.

Incentivized

• I can quickly deposit my international multi-currency account without making an expensive wire transfer, with no border restriction as long as I have the mobile app with me.
• Skrill is very convenient for each transfer amount up to EURO 2,500, and EURO 15,000/monthly.
• Possibility of hiring freelancers for my company with immediate payments.

Incentivized