What is PayPal?
PayPal, the giant in online transactions, allows buyers and sellers to transfer money online. PayPal has over 169 million accounts wordldwide and supporting 24 currencies.
If you’re a Sri Lankan and anyone asks you a question Do you have a PayPal? You should answer like I’ve a Half Paypal Account. Looks crazy ah? But it’s True. Because as we are living in Sri Lanka we can’t receive money. But we can send money from our PayPal account to other PayPal users by connecting your debit or credit cards like Commercial Bank Debit/Credit, Sampath Bank Credit card etc..etc.. So now the question which is the best Paypal alternative to receive money to Srilanka?
if you’re looking for a alternative to paypal you’re in a correct place. There are lot of options to receive money to srilanka like Western union, Moneygram. But what is the best way to receive money online? I recommend Skrill.
What is Skrill?
Skrill, a UK based money broker company that allows users to send and receive money. When compared with PayPal their tranfer fees are also very low. Like paypal you can extend the withdrawal limit by adding your debit/credit cards. I’m using it personally by adding my HNB debit card. It allows direct withdrawal to your bank account and you can also send money to other Skrill users by adding money to your Skrill account directly from your Bank Account. And for gods sake it is accepted as a payment method by almost every Freelancer sites & Digital products market.
Pros & Cons of Skrill (Compared to PayPal):-
- You can use Skrill in Online Gambling
- Low Fees for personal uses
- VIP Program
- Low Compatible Shopping Sites
- Most people have a PayPal account
How to Create a Skrill account?
- Open the Skrill website (Skrill.com)
- Fill up the membership form and submit
- Verify Email
- Add Credit/ Debit Card
- Start sending / receiving money
At last Skrill is the best alternative to paypal for Srilankans. Got another online payment alternative you love? Let me know in the comments!