Moneybrookers is an e-commerce business which allows people to make payment through internet. It allows people to transfer money fast, safe and cost efficiently. The moneybookers.com website along with the online payment system was launched on 1 April 2002 in United Kingdom. About 2 million users registered with moneybookers within 1.5 years. On 2 September 2008, Moneybookers claimed to operate in all countries of the world and handle over 5.5 million accounts.
In March 2007, Moneybookers was bought by Investcorp Technology Partners for €105 million and as of 9 March 2009, it has been put up for sale by its owners for an estimated £365 million. In February 2010, The Sunday Times ranked Moneybookers as the fastest growing private equity backed firm in the United Kingdom based on profits. As of May 2012, the company boasts of 25 million customers, including 120,000 merchant accounts, its payment gateway being integrated by a number of global online brands such as Facebook, Skype and eBay. In 2011, Moneybookers announced that they would re brand their service as Skrill. The re branding of the site was partially completed early 2013.
Moneybookers is a popular British electronic payment system that is acceptable world-wide and is regulated by Financial Services Authority in United Kingdom. Moneybookers allows it’s users sending and receiving payments in 41 currencies. Account can be made of any of the 41 currencies but it cant be changed after the first transaction is made. In the world of Forex many brokers support Moneybookers payment system as an option for funds deposit/withdrawal which includes Exness, IronFX, Alpari, TradeFort and many more.