What is better Skrill or EPX? Comparing Skrill and EPX, it is simple to see which Payment Gateway Providers product is the more suitable option. This means that your business can select the most productive and effective application. You can study the specifics, including available tools, prices, plans offered by each vendor, offer conditions, and many more
We also let you check their total scores to know which one looks to be better. Skrill has 9.0 points for overall quality and 98% rating for user satisfaction; while EPX has 8.0 points for overall quality and N/A% for user satisfaction. Similarly, you can also find out which vendor is more credible by sending an an email question to both vendors and see which vendor replies faster.
As of now, the most popular products in our Payment Gateway Providers category are: Stripe, PayPal Payments Pro, BitPay.
Skrill is a money transfer service that charges either free or low fees for different types of transactions. Your account is free as long as you stay active by logging in and making transactions at least every 12 months. If you’re inactive, Skrill will charge you a €3 service fee that will be taken from your account’s funds every month.
Here’s an overview of Skrill’s fees and charges:
Free
Here are the transactions you can do in Skrill for free:
Receiving money into your Skrill account
Paying a retailer online that accepts Skrill using your Skrill wallet
Funding your Skrill account (usually free, but other options may charge small fees which will be clearly stated)
Using the local payment method Fast Bank Transfer in uploading funds
Using the global payment method Swift in uploading funds
Uploading funds
rapid! PayCard – 0.50% of the amount funded
Bitcoin – 1% of the amount funded
Klarna – 1.90% of the amount funded
Trustly – 1.95% of the amount funded
Neteller – 3% of the amount funded
BOKU – 15% of the amount funded
VISA credit card – 1.90% of the amount funded
Credit cards: American Express, JCB, and Diners – 2.50%
paysafecard – 7.5%
Withdrawing funds
Bank transfer (local) and Swift (global) – £4.76 or €5.50
VISA credit card – 7.50% of the amount
Sending funds – 1.45% of the amount; minimum fee of £0.43
Currency conversion – 3.99% fee on Skrill’s wholesale exchange rates
EPX fees are competitive at $15/month for the merchant account and a $5/month statement fee that incorporates the payment gateway. There are no setup, application, daily batch, and annual fees as well as no monthly transaction minimum. You can negotiate the length of contract and there is no cancellation fee. However, you will not be allowed to move a competing vendor during the period of contract.
EPX’s charges compare well with competitors with the discount rates as low as $0.20 + 1.59% per transaction (20 cents for authorization and 1.59% as the discount rate). The unique aspect is this provider utilizes interchange optimization technology to offer the best possible rate for individual transactions. The benefit is you get the lowest charge for each transaction, regardless of individual exceptions or other specifics.
If you are still having doubts about which software will be best in your case it may be a good idea to analyze each service’s social metrics. Such metrics are frequently a sign of how popular each service is and how extensive is its online presence. For example Skrill Twitter account has currently 15549 followers. At the same time EPX Twitter is followed by 969 users.
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