skrill
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Skrill – Disrupting Digital Payments26 May 2011
La Baule, World Investment Conference
Executive summary
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First regulated e-wallet in Europe by the Financial Service Authority (FSA) , United Kingdom
Over 84,000 merchants, >18 million customers and c.16,000 new accounts/day, the largest independent e-money issuer and the #2 e-wallet after PayPal
Operating in 200+ countries and territories through a network of +80 banks and +100 payment options, supporting 41 currencies and 12 languages
Revenue CAGR of 40% in 2008 –’10. Consistently high profit margins, adj. EBITDA margin in excess of 40% in each of 2008 - ‘10
2010: named #1 fastest growing private-equity backed UK company by Deloitte and Sunday
Times
Founded in 2003, headquartered in London, UK (Offices in London, Sofia, New York, Berlin)
Skrill (formerly Moneybookers) is Europe’s largest independent e-wallet and one of the fastest growing internet companies
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Digital payments for anyone, in any currency, from any device, in any region
What does Skrill do?
Financial Networks / Payment Methods
Devices
End-Users Merchants
e-wallet
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Skrill is a disruptive force in the payments industry
Transforming the industry - surf, blog, tweet, google, skrill
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Skrill e-wallet – dis intermediating the traditionalvalue chain in payments
Merc
han
ts
PS
P
Acq
uir
er
Card Networke.g. Mastercard, Visa
Pro
cessor
Issu
er
En
d-u
sers
Bank account
Banking Networke.g. SWIFT
Bank account
€ € €
€ € €€
€ €
€ €
€
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Key Pain Points Skrill’s Solutions
Skrill solves key pain points for online merchants…
Complexity
One simple integration and contract for multitude of payment methods
Sample direct payment gateway integration
Fraud and chargebacks
Sophisticated anti-fraud engine
No-chargeback policy
Conversion and cost
Higher conversion through simplicity for customers
Reduced overhead, customer acquisition and marketing costs
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Key Pain Points Skrill’s Solutions
…As well as for end-users
Choice of payment method Multitude of payment methods,
currencies, countries and languages supported
Security Payment details not disclosed Reduces risk of fraud and identity theft
Convenience Only email and password needed
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Over 84,000 merchants
“One-stop shop” enabling acceptance of multitude of payment methods with one contract and integration
Efficient fraud management
Customer pay-outs
>18m million end-user accounts
Pay simply via email and password
Protects customer data
Instant pay-ins and pay-outs
Superior digital payments suite
Payment aggregation
Fraud management
Customer service
Marketing
Services
Banks & local payment options
Receive money
Send money
Send money
Receive money
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