Get to know our new payment methods – Skrill and Neteller!
Apart from credit cards and Dotpay, we are introducing two new payment methods available on BuyCoinNow: Skrill and Neteller. What exactly are they and how do they work? Read down below!
Not only a credit card
BuyCoinNow has always been a place to buy Bitcoins and other crypto via credit cards. But we are not staying behind and we always want to keep evolving and improving our services. New payment systems are implemented and ready to use on our platform. Now, it’s time to get to know them a little, find out how they work and what the advantages of using them are. Keep reading and we will answer all of your questions!
We present you...
Drumroll, please! We present you two brand new payment methods that are now available on our platform. You may know them already, or you have at least heard of them. So, there they are: Skrill and Neteller.
Skrill, previously Moneybookers, is an online payment system that allows people to make money transfers online. Skrill operates processing for websites, online auction sites and other similar platforms. It was created in 2001. Currently, it supports 40 currencies from around the world and offers local payments in over 200 countries. Skrill is owned by PaySafe Group Plc. The company has been regulated by the Financial Conduct Authority under the Electronic Money Regulations.
In simple words, Skrill is a digital wallet which you can fill with your funds and then use for making online purchases and payments. You can transfer your money into Skrill in many ways, but the most common is a credit card. The biggest advantage of this platform is the international transfers, which are much cheaper and faster than traditional ones.
The second payment method, which we have implemented on BuyCoinNow, is Neteller. In some ways, it’s very similar to Skrill. It also is some kind of a virtual wallet through which you can make payments. Neteller’s offer is truly international, as it supports 22 currencies in more than 200 countries all around the world. It was founded in 1999 which makes it older than Skrill. Neteller is owned by Paysafe Financial Services Limited, a subsidiary of Paysafe Group Plc. They are regulated by the Financial Conduct Authority in the UK.
You can use Neteller in the same way as Skrill: to make instant international payments, buy things online and pay for services and products. You can also transfer your money to another person, even if they don’t have a Neteller account yet.
Both of those methods are often used for online betting and gambling platforms, due to the speed of transactions. Also, having accounts on both of those platforms entitles the users to discounts on various websites. That’s why many people like to use them instead of traditional banking platforms. It is also worth mentioning that those two systems are highly popular in the online payment area. They are the serious rivals to the most popular PayPal and many websites already accept transactions via both Skrill and Neteller. To register on those platforms you need to submit personal data. The user is verified by submitting an ID scan.
Buy coins now!
From now on, you can use Skrill and Neteller to buy cryptocurrencies online on BuyCoinNow. It is a new alternative to a credit card and Dotpay payments. We hope this article was helpful for you, if you’re considering using one of those methods to purchase crypto. Now, all you have to do is to open an account on Skrill or Neteller (or use an existing one, if you already have it) and buy coins!