Is Abound or Skrill cheaper?

Cost varies by corridor and amount. Compare both on the corridor page above for live rates, fees, and recipient amounts.

What's the main difference between Abound and Skrill?

Abound (Zero fee, FX margin + rewards-based revenue): USA→India remittance combined with a cashback/rewards ecosystem. Backed by The Times of India Group. Skrill (Flat fee per transfer): Digital wallet from Paysafe Group with international transfer functionality.

Which is faster, Abound or Skrill?

Both providers offer same-day or faster options for popular corridors. Cash-pickup networks (MoneyGram, Western Union, Xoom) usually clear in minutes; bank transfers can take 1–3 business days.

Which is safer, Abound or Skrill?

Both are licensed money services businesses. Abound is regulated in USA. Skrill is regulated in UK, EU. As long as you transfer through their official site or app, both are safe to use.

Does Abound or Skrill offer better exchange rates?

Rate competitiveness varies. Abound markets zero fee, fx margin + rewards-based revenue, while Skrill uses flat fee per transfer. The recipient amount is the only fair comparison — see the corridor page for live numbers.

Abound vs Skrill

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Live data temporarily unavailable for this comparison. See the corridor page for full live numbers.

Zero fee, FX margin + rewards-based revenue

USA→India remittance combined with a cashback/rewards ecosystem. Backed by The Times of India Group.

Live data unavailable.

Founded 2023

USA (Times Internet spin-out)

Pros

Zero transfer fee on USD→INR
Rewards/cashback model can offset transfer costs over time
Backed by The Times of India Group — strong India brand recognition

Cons

USA → India only — no other corridors
Trustpilot rating is low (~2.0) with reports of slow transfers and customer support issues
Newer company, less established than incumbents

Try Abound

Flat fee per transfer

Digital wallet from Paysafe Group with international transfer functionality.

Live data unavailable.

Founded 2001

London, UK

Pros

Skrill-to-Skrill wallet transfers are free
Fast bank-to-bank transfers
Cryptocurrency and prepaid card features

Cons

Higher fees on card-funded transfers
Recipient often needs a Skrill account for cheapest option
Customer support reviews are mixed

Try Skrill

Side-by-side comparison

Spec	Abound	Skrill
Fee model	Zero fee, FX margin + rewards-based revenue	Flat fee per transfer
Headquarters	USA (Times Internet spin-out)	London, UK
Founded	2023	2001
Status	Private (~$24M raised, Times Internet + Y Combinator)	Subsidiary of Paysafe Group (NYSE: PSFE)
Live USD→INR fee	—	—
Live USD→INR rate	—	—
Recipient gets (USD 1,000)	—	—
Typical speed	—	—
Top corridors	USD→INR	GBP→INR, EUR→INR, USD→PHP

User reviews

Abound

Read reviews on Trustpilot

Skrill

Read reviews on Trustpilot

We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

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Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.