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Skrill USA, Inc unveils the Skrill Visa Prepaid Card for customers of its digital wallet brand. Consequently, Skrill US customers now have free access to a Visa prepaid card. Moreover, they can use their Skrill account balance for in-store and online purchases as well as cash withdrawal.

The Skrill USA Visa Prepaid Card is issued by New York-headquartered Community Federal Savings Bank.

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According to Skrill the application process takes just minutes and no fee is levied. Existing and new Skrill digital wallet customers in the US receive the prepaid card within five to 10 business days.

Cards can be activated instantly and customers get access to funds from their Skrill digital wallet in real-time when a purchase is made.

Skrill customers are only able to use the prepaid card to spend the balance of their digital wallet account.

Accordingly the product gives consumers with limited incomes increased control over the finances.

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Skrill Visa Prepaid Card: international travel benefits

Cardholders can also use the Skrill Visa Prepaid Card for ATM withdrawals without incurring a fee from Skrill. However, ATM withdrawals ‘out of network’ of Community Federal Savings Bank may incur a fee.

Likewise, the Skrill Visa Prepaid Card is also a strong financial solution for US consumers travelling internationally. In particular, travellers benefit from not paying foreign exchange fees to Skrill when using the card.

Lorenzo Pellegrino, CCO Skrill USA, Inc says: “Financial innovation is at the heart of everything we do at Skrill. The new Skrill Visa Prepaid Card is a cutting-edge addition to the Skrill digital wallet. It empowers consumers by giving them access to more ways to pay.”

Incidentally, Skrill USA Inc is at pains to stress that it is not currently part of Paysafe Group. 

Hence Skrill USA should not be confused with the non-US Skrill brand, part of Paysafe Group.