November 24, 2011 10:00 ET

Skrill Offers Skrill World Post

Service Enables International Shoppers to Buy from Within the USA, Removing the Hassle of Customs and Taxes

LONDON, UNITED KINGDOM--(Marketwire - Nov. 24, 2011) - Skrill (Moneybookers), one of Europe's largest online payments providers has partnered with the SkyShop Logistics Group to create an international shipping option known as Skrill World Post that makes shopping for non-US residents on US websites easier and often cheaper than traditional international shipping options. With the world famous 'Black Friday' and 'Cyber Monday' sales on the way in the US, Skrill World Post removes the hassle of shipping items from US merchants allowing Christmas shoppers to take full advantage of the weak US Dollar.

The new service solves the dilemma of getting packages from the US delivered to your home locally (outside of the USA). Skrill World Post offers cheap, fast and secure shipping from the US, straight to your home with guaranteed online tracking and insurance, exclusively to Skrill (Moneybookers) customers. All customers have to do is shop with their Moneybookers MasterCard® at a US website of their choice, then choose their Skrill World Post US address and the goods will be shipped to their home country, via World Post.

Skrill World Post eliminates the worry of hidden taxes and customs charges that can put many people off shopping online with US websites. By managing the process and paperwork, clearly stating any charges before the item arrives at customs, there are no nasty surprises. The service also enables international delivery from sites that do not traditionally offer shipping outside the US. A Personal Shopper service is available and Skrill World Post customers can also take full advantage of the adoption of Skrill by

Skrill World Post operates by providing a local US tax free address, from which your purchased goods are shipped directly to your home within 6-8 days.

Skrill (Moneybookers) has over 20 million account holders globally and offers over 100 payment options in over 200 countries, processing in over 41 different currencies. Skrill World Post offers shoppers the ability to genuinely comparison shop online in the US by reflecting the total cost of purchase including shipping, customs duties and taxes. For merchants it offers integrated merchant solutions that eliminate the risk and challenges of cross border sales.

Skrill World Post has initially been made available to Skrill (Moneybookers) customers in the UK, with a view to rolling out the service globally to all other remaining Skrill territories including Germany, France, Poland, the Netherlands, Spain, Italy, Brazil, Argentina and Russia over the next few weeks.

Commenting on the launch, Martin Ott, Skrill's Co-CEO said:

"We are constantly looking for ways to improve our customers' online shopping experience, making it as easy, cost effective and safe as possible. By offering Skrill World Post our customers and merchants now have a highly competitive international shipping option that takes a lot of the headaches out of trade with the USA."

"Skrill customers will now be able to take full advantage of the weak US Dollar to gain access to the best products and gadgets available anywhere online whilst benefitting from the massive discounts on offer from US retailers in the run up to Christmas."

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About Skrill

Skrill Holdings Ltd. (Moneybookers) is one of Europe's largest online payments systems and among the world's largest independent digital wallet providers with over twenty million account holders. The digital wallet enables any customer to make online payments conveniently and securely without revealing personal financial data, as well as send and receive money online cost-effectively. Skrill's worldwide payment network offers businesses access to direct payment processing via over 100 payment options in over 200 countries through just one integration.

Founded in 2001, Skrill (Moneybookers) was the first e-money issuer to become authorised and regulated by the FSA. In 2007, Investcorp Technology Partners undertook the buyout of Skrill (Moneybookers) from its founders. Today more than 100,000 merchants are registered with Skrill and its payments systems are integrated by global online brands such as Facebook, Skype and

Skrill is the new name for Moneybookers, the second phase of the Moneybookers rebrand to Skrill will take place from 28th September, with the full rebrand taking place by summer 2012.

In February 2010 The Sunday Times Deloitte Buyout Track 100 league table ranked Skrill (Moneybookers) as the Number 1 fastest growing, private equity-backed firm in the UK based on profits.

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