An Ultimate Guide to Build An App Like Skrill

The world we live in today is all about technology. It is like, everywhere you look, there’s some cool gadget or app that makes life easier. You know those smartphones everyone has? Well, they are becoming old news because now you can do pretty much anything with just a tap of your finger. So do you also want to build an app like Skrill?

Let’s start!

Well, people are using these awesome applications on smartphones to explore the world around them and do all types of fun stuff. 

With its global presence and integration with multiple online platforms, Skrill has become a popular choice for individuals and businesses engaged in freelancing, online gaming, e-commerce, and other digital activities.

One thing that’s become super famous recently is digital payment systems. You know, like those mobile wallets? eWallet app development company focuses to build an ewallet app that is taking over the online payment business because they are so fast and easy to use.

With a mobile wallet, you don’t have to wait for bills to be paid or money to be transferred. It’s like magic. Additionally, you don’t even need to carry cash or a credit card anymore. These digital wallets have got you covered for all your payment needs.

Let’s dive into the world of mobile payment app and explore the key elements needed for success in the digital payments industry.

What is Skrill?

Skrill is not just the sound a needle makes when it scratches a record, but also a well-known digital wallet and payment platform. It is like having a mini-bank in your pocket but without long lines. Founded in 2001, Skrill has gained popularity as a trusted and reliable platform for individuals and businesses worldwide.

With Skrill, you can send and receive money, make online payments, and even enjoy some sweet benefits like loyalty points and VIP perks. As a digital wallet, Skrill allows users to store their funds electronically, eliminating the need for traditional physical wallets or bank accounts for online transactions. 

Users can load money into their Skrill account through different methods, such as bank transfers, credit/debit cards, and other e-wallets. Once funds are loaded, users can effortlessly make payments to merchants, send money to other Skrill users, or withdraw funds to their bank accounts.

According to this skill report by Industry Research Future, the e-wallet market is going to keep growing like crazy. They say it’s gonna be worth about $2100 billion by 2023. So, it looks like digital wallets are here to stay and will probably become even more popular in the future. 

Why is Skrill Popular in the Market?

Before build an app like Skrill you should know why the Skrill app development company goes with a different type of mobile payment app. Well, Skrill has gained popularity in the market for various reasons, making it a preferred choice for individuals and businesses:

1. Global reach

Skrill operates in about 120 countries and supports more than 40 currencies, allowing users from different parts of the world to access its services. This global presence has helped Skrill build a strong market presence and attract a various user base.

2. Ease of use

Skrill offers a user-friendly interface and reflexive navigation, making it easy for users to navigate through the platform and perform different transactions. The simplicity of the user experience contributes to its popularity, particularly among individuals who value convenience and efficiency.

3. Versatile payment options

Skrill supports numerous payment methods such as bank transfers, credit/debit cards, and other e-wallets. This versatility allows users to select the payment option that suits their requirements and preferences, making Skrill a flexible solution for various user segments.

4. Secure transactions

Security is a top priority for Skrill. The platform employs advanced security measures, like encryption protocols, two-factor authentication, and anti-fraud technologies, to protect users’ transactions and personal details. The focus on security has helped build trust among users and positioned Skrill as a secure and reliable payment solution.

5. Integration with online platforms

Skrill has established partnerships and integrations with numerous online platforms, such as online gaming platforms, e-commerce websites, and freelancing marketplaces. This integration allows users to conveniently make payments or obtain funds within their preferred online platforms, improving the overall user experience.

6. Competitive fees

Skrill offers competitive transaction fees compared to traditional banking services, making it an attractive option for users seeking cost-effective payment solutions. The transparent fee structure of Skrill has contributed to its popularity, particularly among businesses and freelancers who value cost efficiency.

7. International money transfers

Skrill allows users to send and obtain money across borders, making it an appealing option for individuals and businesses involved in international transactions. The ability to transfer funds quickly and securely across various countries has positioned Skrill as a convenient solution for global financial transactions.

8. Customer support

Skrill provides reliable customer support services, including live chat, email support, and an extensive knowledge base. This responsive customer service has contributed to a positive user experience and helped resolve any issues or concerns promptly.

Top Must-Have Features of the Skrill Mobile Wallet App 

Top Must-Have Features of the Skrill Mobile Wallet App 

When building a mobile wallet app like Skrill, there are several must-have features to consider. These features contribute to the overall functionality and user experience of the app.

Here are the top must-have features for a Skrill-like mobile wallet app:

  • User Registration and Account Creation: Allow users to easily make an account by providing their basic details like email address, name, and password. Include a verification process to ensure security and authenticity.
  • Payment Method Integration: Integrate different payment methods such as bank transfers, credit/debit cards, and other popular e-wallets. Allow users to link their preferred payment methods to their mobile wallet account for easy fund loading and withdrawal.
  • Money Transfer: Allow users to send and receive money from other Skrill users or external bank accounts. Implement a straightforward process for initiating transfers, like selecting the recipient, entering the amount, and providing basic security measures.
  • In-App Balance Management: Display the user’s account balance prominently within the app. Allow users to view their transaction history, check their available balance, and manage their funds efficiently.
  • Transaction History and Statements: Provide users with detailed transaction history, including details such as amounts, transaction dates, and transaction types (e.g., payments, transfers). Allow users to generate and download statements for record-keeping purposes.
  • Security Measures: Implement robust security features to protect user accounts and transactions. This includes encrypted data transmission, two-factor authentication, and secure storage of personal and financial details.
  • Push Notifications: Send real-time push notifications to users for account activity, security alerts, transaction updates, and promotional offers. This keeps users informed and engaged with their mobile wallet activity.
  • Currency Conversion: If your app caters to an international user base, include a currency conversion feature. This allows users to convert funds from one currency to another within the app at competitive exchange rates.
  • Integration with Merchant Services: Allow users to make payments directly to online merchants or e-commerce platforms. Integrate with well-known online platforms to facilitate seamless payments for goods and services.
  • Customer Support: Provide users with access to customer support channels like live chat, email, or phone support. Promptly address their queries, concerns, or issues related to the app’s functionality or transactions.
  • Security Controls: Allow users to customize security settings, like enabling or disabling two-factor authentication, managing trusted devices, or setting transaction limits.
  • Multi-Platform Compatibility: Develop mobile wallet app for both iOS and Android platforms to cater to a more expansive range of users.

Follow Essential Steps to Build An App Like Skrill

If you are planning to build an app like Skrill you should consult with on demand app development company that offers careful planning and execution. Skrill is a popular digital wallet and online payment system that allows users to send and receive money, make online purchases, and manage their finances. 

Here’s an ultimate guide to help you get started with building an app similar to Skrill:

1. Define Your Objectives And Target Audience

Clearly identify the objectives of your app and the specific audience you want to serve. Choose the primary features and functionalities you want to include.

2. Market Research

Conduct thorough market research to understand user preferences, competition, and industry trends. Analyze existing digital wallet apps like Skrill and identify gaps or areas for improvement.

3. User Experience (UX) Design

Pay close attention to designing a user-friendly interface. Create wireframes and prototypes to visualize the flow and layout of your app. Focus on simplicity, ease of use, and reflexive navigation. Hire dedicated developers to create eye-catching designs to build an app like Skrill.

4. Features and Functionalities

Determine the core features you want to include in your app. Here are some exciting features of a digital wallet app:

  • User registration and account creation
  • Integration with various payment methods (credit/debit cards, bank transfers, e-wallets, etc.)
  • Transaction history and statements
  • Money transfers between users
  • In-app balance management
  • Security features (encryption, two-factor authentication, etc.)
  • Push notifications for transactions and account updates
  • Integration with third-party services and APIs (utility bill payments, e-commerce platforms, etc.)

5. Technology Stack

Choose the appropriate technology stack and mobile app developers for hire for your app’s development. Determine essential factors like scalability, security, and platform compatibility. Some commonly used technologies for app development include:

  • Programming languages: Kotlin or Swift for native iOS and Android development, or React Native for cross-platform development.
  • Backend development: Python, Node.js, or Java.
  • Database: PostgreSQL, MySQL, or MongoDB.
  • Cloud services: Google Cloud Platform (GCP) or Amazon Web Services (AWS) for hosting and storage.
  • Payment gateway integration: Skrill provides its own API for integration, or you can research options like Stripe, PayPal, or Braintree.

6. Development Process

Follow an agile development approach. Break down the development into sprints and prioritize features based on their importance. Use version control systems to track changes and collaborate with your development team efficiently.


7. Payment Gateway Integration

Integrate a secure and reliable payment gateway into your app. Skrill offers its own API for payment processing, or you can select other payment gateways based on your target audience and region.

8. Security and Compliance

Security is important for a financial app. Implement robust security measures, such as secure authentication, data encryption, and compliance with relevant regulations like  PCI DSS or GDPR.

9. Testing And Quality Assurance

Thoroughly test your app to ensure its performance, functionality, and security. Perform both automated testing and manual to identify and fix any bugs or issues.

10. Launch and User Feedback

Once you are satisfied with the app’s quality, launch it on app stores (Apple App Store, Google Play Store). Enable users to provide feedback and continuously repeat to build an app like Skrill based on their suggestions and requirements.

11. Ongoing Maintenance And Updates

Regularly update and maintain your app to introduce new features, fix bugs, and improve the user experience. Stay updated with the latest trends and technologies in the digital payment industry.

How Much Does Cost to Build an App Like Skrill in Different Country

The ewallet app development cost can differ significantly based on the country where the development team is located. Hourly rates for app development manage to vary across countries because of variations in market demand, living costs, and the level of expertise available. 

Here’s a table showing estimated hourly rates for various countries:


Country Estimated Hourly Rate (in USD)
United States $100 – $250
United Kingdom $80 – $180
Canada $80 – $150
Australia $80 – $150
Western Europe $70 – $150
Eastern Europe $30 – $70
India $20 – $50
Southeast Asia $20 – $40


When selecting an on-demand app development, carefully consider their portfolio, expertise, and client review to ensure they can meet your project needs effectively.

Have a quick look at estimated hourly rates for different roles involved in Skrill app development cost:


Role Estimated Hourly Rate (in USD)
Project Manager $50 – $150
Business Analyst $50 – $120
UI/UX Designer $40 – $100
Front-end Developer $40 – $120
Back-end Developer $50 – $150
Mobile App Developer $50 – $150
Quality Assurance Engineer $30 – $100



Development Stage Estimated Cost Range
Conceptualization and Planning $5,000 – $10,000
User Interface and Design $10,000 – $20,000
Front-end Development $20,000 – $40,000
Back-end Development $30,000 – $50,000
Payment Gateway Integration $5,000 – $15,000
Testing and Quality Assurance $10,000 – $20,000
Launch and Deployment $5,000 – $10,000
Total $85,000 – $165,000

Top Competitors Of Skrill Mobile Payment App

Here’s a highlighting some notable competitors of Skrill in the digital wallet and online payment space:


Competitor Description
PayPal A widely recognized global payment platform offering digital wallet services worldwide.
Stripe A developer-friendly platform that provides tools for businesses to accept online payments.
Payoneer A popular venue for international money transfers, online payments, and freelancing.
Venmo A mobile payment service owned by PayPal that allows users to send and receive money easily.
Google Pay is Google’s digital wallet and online payment system for purchases and transfers.
Apple Pay Apple’s payment system allows users to make secure transactions using their iOS devices.
TransferWise A peer-to-peer money transfer service that offers competitive exchange rates and low fees.
Square Cash A mobile payment service that allows individuals and businesses to send and receive money.
Neteller A digital wallet and money transfer service focuses on online gambling and trading.
Payza A global online payment platform that supports various payment options and e-commerce services.

Final Words

Developing an app like Skrill needs careful planning, a thorough understanding of the target audience, and the implementation of robust features and security measures. By following the guidelines outlined in this ultimate guide, you can embark on a successful Skrill app development journey.

Remember to prioritize user experience, test rigorously, and effectively market your app to ensure its success in the competitive digital payments market. With dedication and a comprehensive approach, you can create an app that rivals Skrill and meets the needs and expectations of your users. 

Good luck!

FAQ: An Ultimate Guide to Build An App Like Skrill

1. Can I customize the features of my Skrill-like app?

Yes, you can customize the features of your Skrill-like app based on your specific needs and target audience. While it is important to include core features similar to Skrill, you have the flexibility to add additional functionalities or modify existing ones to determine your app and cater to your users’ needs.

2. How long does it typically take to develop an app like Skrill?

The time needed to build an app like Skrill can vary depending on factors like complexity, the size of the development team, and the resources available. Generally, it can take some months to develop a fully functional app. It is essential to allocate enough time for planning, design, development, testing, and refining the app to ensure a high-quality end product.

3. How do I ensure the security of user data in my Skrill-like app?

Security should be a top priority when developing a financial app like Skrill. Implementing robust security measures such as encryption, and two-factor authentication, and adhering to industry best practices for data protection is crucial. Additionally, conducting regular security audits and staying updated with the latest security standards can help safeguard user data and build trust with your users.