Software Alternatives & Startups

Skrill VS Square

Compare Skrill VS Square and see what are their differences

Skrill

Skrill (formerly known as Moneybookers) is the cheaper way to send and receive money worldwide.

Rating
0 reviews
Square

Square helps millions of sellers run their business-from secure credit card processing to point of sale solutions. Get paid faster with Square. Sign up today!

Rating
0 reviews

Which is more popular?

Based on our record, Square seems to be more popular. It has been mentioned 41 times since March 2021.

social mentions
0 vs 41
Online Payments popularity
100% vs 0%

Base details

Website, pricing, platforms and company facts side by side.

Skrill
Square
Website skrill.com squareup.com
Company Startup from the United Kingdom Startup from the United States
Listed in

Features and specs

What each product offers, as listed by its team.

Skrill 5 features
Square 6 features
  • Global Reach
    Skrill allows users to send and receive money internationally in multiple currencies, making it ideal for global transactions.
  • Security
    The platform employs high security measures, such as two-factor authentication and encrypted transactions, to protect user data and funds.
  • Multiple Services
    In addition to money transfers, Skrill offers services like prepaid cards, cryptocurrency trading, and online payments.
  • Ease of Use
    Skrill has a user-friendly interface and app, making it easy for both individuals and businesses to manage their finances.
  • Merchant Integration
    Businesses can integrate Skrill as a payment method on their websites, providing more options for their customers.

Possible disadvantages

  • Fees
    Skrill charges various fees for transactions, withdrawals, and currency conversions, which can accumulate and become costly.
  • Account Limitations
    New and unverified accounts may face limitations on the amount of money that can be sent and withdrawn until verification is completed.
  • Customer Support
    Some users report that Skrill's customer support is slow to respond and can be unhelpful with resolving issues.
  • Geographical Restrictions
    Certain features and services offered by Skrill might not be available in all countries, limiting its usability for some users.
  • Strict Anti-fraud Measures
    While security is generally a pro, Skrill's strict anti-fraud measures can sometimes lead to account freezes and delays in transactions, which can be inconvenient.
  • Ease of Use
    Square's platform is known for being user-friendly and easy to set up, making it accessible for small business owners with little technical expertise.
  • Transparent Pricing
    Square offers straightforward, flat-rate pricing with no hidden fees, which helps businesses understand their costs upfront.
  • Integrated Solutions
    Square provides a comprehensive suite of tools including POS systems, online store, invoicing, payroll, and more, enabling seamless business operations.
  • No Long-Term Contracts
    Square does not require long-term contracts or commitments, allowing businesses flexibility in choosing their service provider.
  • Omnichannel Capabilities
    Square supports sales across various channels, including in-person, online, and mobile, offering versatility for different business models.
  • Next-Day Deposits
    Square offers next-day deposits, ensuring that businesses have quick access to their funds, which is critical for cash flow management.

Possible disadvantages

  • Processing Fees
    While the pricing is transparent, the fees per transaction can add up, especially for businesses with high sales volumes or low margins.
  • Account Stability
    Some users have reported sudden holds or terminations of their Square accounts, which can disrupt business operations.
  • Limited Customer Support
    Square's customer support can be limited, particularly for smaller businesses or during high-demand periods, which can affect issue resolution time.
  • Additional Costs for Advanced Features
    Some advanced features and integrations may incur additional costs, making it more expensive for businesses that need these functionalities.
  • Geographic Limitations
    Square is primarily available in certain countries, which may be restrictive for businesses with international operations or customers.

Analysis

An editorial look at what each product does well and who it suits.

Skrill
Square

Overall verdict

  • Skrill is generally a good option for individuals seeking a reliable and versatile online payment solution. However, its suitability depends on the user's specific needs, such as the type of transactions they frequently make and their tolerance for international transaction fees.

Why this product is good

  • Skrill is a widely-used online payment service known for its convenience in transferring money, making online purchases, and supporting transactions in multiple currencies. It offers a variety of features such as low transfer fees, a prepaid Mastercard, and support for cryptocurrency transactions. Additionally, it is considered secure, as it uses encryption and two-factor authentication.

Recommended for

  • Individuals who frequently make international transactions
  • Online gamblers and gaming enthusiasts
  • Cryptocurrency users
  • Freelancers and businesses that require quick and easy online payment options

Overall verdict

  • Yes, Square is generally considered a good choice for businesses looking for an all-in-one payment and business management solution. It is particularly praised for its user-friendly interface, competitive pricing, and reliable customer support.

Why this product is good

  • Square, known for its point of sale solutions, has built a strong reputation for its ease of use, transparent pricing, and comprehensive features suited for small to medium-sized businesses. It offers seamless integration with various hardware, software, and payment processing services, which are particularly appreciated by users who want a straightforward setup. The platform also provides useful analytics, invoicing, and inventory management features that help businesses efficiently manage their operations.

Recommended for

    Square is recommended for small to medium-sized businesses, especially in the retail, food and beverage, and service industries, who need a versatile and scalable payment processing and business management solution. It is particularly beneficial for those who prefer a cloud-based service with seamless integration across multiple devices.

Videos

Walkthroughs and reviews on video.

Skrill 3 videos + Add
Square 9 videos + Add

Skrill Review - My honest opinion after using it for a year

More videos

  • - Skrill Review
  • - SKRILL SCAM -200$ [WATCH BEFORE USING SKRILL]

Square vs PayPal 2020: A Side by Side Comparison

More videos

  • - Square Mobile Credit Card Reader Review | Squareup Demo | Pros & Cons
  • - I switched from Square to Paymentech. IMO, Squareup merchant services is garbage.
  • - What is Square - Square Review - Square Pricing Plans Explained
  • - 6 days left to dump Square merchant services before they begin screwing small businesses
  • - Square Eftpos Terminal Review 2023
  • - Square Review | Is It the BEST POS System for Online Payments & Invoicing?
  • - Square For Small Business: Is Square Right For You? [Square Explained]

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Skrill
Square
100% 100%
0% 0%
0% 0%
100% 100%
8% 8%
92% 92%
100% 100%
0% 0%

User comments

Share your experience with using Skrill and Square. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Skrill no reviews yet
Square no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Skrill 0 mentions
Square 41 mentions

Tracking Skrill since Mar 2021.

  • Advertisement - Help Finding a Global Entry Appointment
    This is an advertisement and I want to provide all the details.. I am a software developer and avid traveler. I own this website and am the sole developer who wrote the entire software! This idea came about when I signed up for Global... Source: about 3 years ago
  • How common is card/contactless payment?
    And now with Square it's dirt simple to accept credit card transactions, and the software even integrates into the NFC transceiver in modern iPhones--so even street vendors and local artists accept contactless payment cards. Source: over 3 years ago
  • FREE GAME 💳💰💰
    Https://squareup.com/us/en - Better with aged account and/or verified business. Do custom amount charges on phone and type in card info manually. Source: over 3 years ago

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Alternatives to Skrill and Square

When comparing Skrill and Square, you can also consider the following products.

  • PayPal

    PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

    Compare PayPal to Skrill or Square:

  • Lightspeed

    Retail point-of-sale, inventory management, and omnichannel payment processing systems.

    Compare Lightspeed to Skrill or Square:

  • Stripe

    Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

    Compare Stripe to Skrill or Square:

  • Toast

    Built to make restaurants better. Toast gives your restaurant the technology you need to succeed in today's fast-paced environment.

    Compare Toast to Skrill or Square:

  • PayPal Braintree

    An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

    Compare PayPal Braintree to Skrill or Square:

  • Odoo

    An all-integrated business app suite to unleash your growth potential.

    Compare Odoo to Skrill or Square: