Paysafe brands review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Paysafe brands suits expats, travelers and businesses sending money home rather than savers chasing deposit rates. The provider is Paysafe Payment Solutions Limited, licensed as e-money by the Central Bank of Ireland, and it scores 5.4 overall with a no monthly fee account and delivery in 24 - 72 hours.
Key facts
- Best for
- Cheap bank funded transfers across many currencies for expats, travelers and small businesses.
- Transfer fee
- 0% by bank transfer, up to 1% debit card, up to 2.99% credit card, up to 4.99% same send and receive currency↗
- Exchange rate markup
- 4.99%↗
- Delivery time
- 24 - 72 hours↗
- Licence type
- E money↗
- Payout methods
- Bank, Card, Wallet↗
- Currencies
- 40↗
- Fee to send 1,000
- €0↗
- Legal entity
- Paysafe Payment Solutions Limited↗
- Headquarters
- Ireland↗
- Founded
- 2001↗
- Support channels
- Phone, Help-centre↗
- Official website
- skrill.com
Everyday accounts
- Monthly fee
- €0↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Currency conversion fee
- 3.99%↗
- Audience
- Expats, Travelers, Business
- Pricing model
- No monthly fee
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Transfers by bank carry no transfer fee, and the monthly account fee is €0.
- Payouts can go to bank, card and wallet, with money landing in 24 - 72 hours.
- Stated deposit protection in the EU is EU DGS up to EUR 100,000.
- Covers 40 currencies, above the 5 median for the brands compared here.
Cons
- The exchange rate margin is 4.99% and the currency conversion fee is 3.99%, which places the brand at 103 of 107 on markup.
- Only the bank route is €0, and card funded or same currency sends add a percentage on top.
- Support runs on phone and help centre only.
Who it suits
- Expats and travelers sending money home regularly
- Businesses paying staff or suppliers in other currencies
- Anyone who prefers a wallet for many currencies over a savings account
Who should look elsewhere
- Wise, if the exchange rate markup decides the choice, because Wise charges From 0.24% against a margin of 4.99% here
- PayPal Colombia, if your money already sits in a PayPal balance, since a transfer can be funded straight from that balance
- Paysera, if cheap euro payments matter most, because its euro transfers to SEPA and Paysera users carry no charge
How Paysafe brands compares
9.2 vs 8.0
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.9
9.2 vs 9.1
9.2 vs 8.6
9.2 vs 9.0
9.2 vs 8.9- 9.2 vs 8.9
9.2 vs 8.8
9.2 vs 8.8
9.2 vs 8.4
9.2 vs 8.0
Where Paysafe brands is available
- Licence in Ireland
- Central Bank of Ireland, checked September 26, 2026
- Licence in Ireland
- IE_CBI (PSD_EMI IE_CBI!C184986), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Frequently asked questions
How much does it cost to send money?+
Transfers funded from a bank account carry no transfer fee, and the monthly account fee is €0. Debit card, credit card and same currency sends each add a percentage, so the funding route changes what a transfer costs. The exchange rate margin is 4.99% on top of that.
Is my money protected if the provider fails?+
The account holds an e-money licence from the Central Bank of Ireland, recorded as PSD_EMI IE_CBI!C184986. Stated deposit protection for EU balances is EU DGS up to EUR 100,000, so eligible euro holdings sit under the deposit guarantee scheme rather than being uninsured.
How long does a transfer take to arrive?+
Delivery is quoted at 24 - 72 hours for international transfers. Money can be paid out to bank, card and wallet, so a recipient can take it as a bank transfer, a card payment or a wallet balance depending on what they already hold.
How many currencies can I hold and send?+
The service covers 40 currencies, well above the 5 median across the brands on this site. The account runs on a no monthly fee basis, so holding several currencies carries no ongoing account charge. Sending still attracts the margin of 4.99%.
Who is the service aimed at?+
The stated audience is expats, travelers and business, so the service is aimed at people crossing borders rather than at savers. Expats, travelers and business senders share the same wallet, and the same margin of 4.99% applies to each transfer.
Who do I contact if a transfer is late?+
Support runs on phone and help centre, so a phone line and a self service help centre are the routes listed for a late or missing payment. The regulated entity behind the account is Paysafe Payment Solutions Limited, which is the party a complaint is raised with.
Is this a bank account?+
No. The account runs on an e money licence held by Paysafe Payment Solutions Limited under the Central Bank of Ireland, and the register lists it as PSD_EMI IE_CBI!C184986. Stated deposit protection in the EU is EU DGS up to EUR 100,000, which is the deposit guarantee scheme limit for balances.
How does the cost compare with Wise?+
The transfer fee is €0 by bank, but the exchange rate margin of 4.99% can outweigh a lower headline fee on a larger amount. Wise lists From 0.24%, so the rate markup is where the two differ most on bigger transfers.
Sources
- euclid.eba.europa.eu/register/downloads/PSDMD/20260926/do... checked September 26, 2026
Backs: Headquarters, Legal entity, Licence type, Licences
“EntityCode=IE_CBI!C184986; EntityType=PSD_EMI; ENT_NAM=Paysafe Payment Solutions Limited”
- skrill.com/en checked September 26, 2026
Backs: Founded
“Skrill has been helping to make it, send it and spend it for millions of customers since 2001.”
- skrill.com/en/how-to-send-money checked September 26, 2026
Backs: Currencies
“Choose from 40 different currencies and send money to a bank account, mobile wallet, email address or phone number.”
- skrill.com/en/siteinformation/fees checked September 26, 2026
Backs: Currency conversion fee, Exchange rate markup, Pricing model, Monthly fee, Transfer fee, Fee to send 1,000
“We will also charge you a foreign exchange fee of 3.99%.”
- skrill.com/en/support checked September 26, 2026
Backs: Support channels
“Get instant answers - Call us +1 8557192087 Mon - Fri 9 am - 7 pm EST ... Browse popular topics”
- skrill.com/en/transfer-money checked September 26, 2026
Backs: Audience
“Skrill Money Transfer is an easy, safe and fast way of sending money to a bank account overseas.”
- skrill.com/en/transfer-money/international-money-transfers checked September 26, 2026
Backs: Delivery time, Payout methods
“After receiving your funds, we aim to deliver your money within 24 - 72 hours.”
- skrill.com/en/vip-programme/affiliates checked September 26, 2026
Backs: Deposit protection
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Paysafe brands
Cheap bank funded transfers across many currencies for expats, travelers and small businesses.