Skrill Introduced Changes to its KYC Verification Process

Skrill Introduced Changes to its KYC Verification Process
November 30
10:08 2020

Skrill is a great platform for sending and receiving funds, which is constantly updating its policies to provide the best service to its users. Both new and established users of Skrill should be aware of the changes to the platform’s KYC (Know Your Customer) verification process that the platform has recently introduced.

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Verification of a Skrill account is easy. The users need to make sure to prepare a document verifying their identity. This can be a driving license, passport, or national ID card. Then, the next step of the process includes funding the account by making a deposit or receiving funds from another user or merchant. Users will also have to take a profile photo with their phone or desktop camera and present a document for address verification.

Step-By-Step Guides to Skrill Verification Process

To learn more about the step-by-step verification process on the desktop computer, watch the following video:

And if you attempt to verify your identity using a mobile device, follow this detailed manual:

Why should users verify their accounts in the first place? The most important reason is security. Since Skrill provides high quality financial services, the platform needs to make sure to comply with federal and state laws. Verifying an account also adds a layer of protection and credibility to the users as a payer or payee. Apart from security reasons, there are also other benefits, such as increasing the transaction limits and unlocking full platform functionality.  

Digital payment platforms like Skrill have changed the way people send and receive money. With flexible payments and tens of available currencies and cryptocurrencies, Skrill presents a flexible and cost-efficient way to manage finances. Having an account is free, but users who would like to enjoy additional benefits can also sign up for the Skrill VIP membership. Lower fees and higher transaction limits are just some of the perks VIP members enjoy.

Register for your free Skrill account today.

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