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Skrill 1-Tap Offers One Tap Mobile Payments

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PRESS RELEASE

Skrill's new HTML5, cross platform payment gateway brings quick, easy and secure payments to customers and merchants

London, UK - 24th January 2012 - Skrill, one of the world's largest digital wallet providers, today announces the launch of Skrill 1-Tap - a new product connected to Skrill's digital wallet that brings quick and easy mobile payments to merchants and customers. By implementing Skrill 1-Tap, merchants can offer customers the opportunity to pay for goods in ‘one tap' on any device, rather than having to re-enter login details or credit card information.

Research shows that 33% of UK smartphone users made a purchase on a mobile device in 2011. Skrill 1-Tap allows merchants to make the most of this emerging trend by taking the hassle out of m-commerce. When customers make a payment via Skrill with a merchant for the first time, they will be required to enter their payment details as usual. Once complete, they will then be given the option to enable Skrill 1-Tap for future purchases, meaning that the one tap functionality will be enabled next time they come to pay with that specific merchant.

Furthermore, Skrill today launches an extension to its Quick Checkout Enterprise payment suite, which enables direct card processing, by introducing a brand new HTML5 payment gateway specifically targeted at mobile devices, such as smartphones and tablets. The new mobile payment gateway enables merchants to process payments on any mobile device, whether through a mobile website and/or through an application designed specifically for mobile operating systems. Using responsive design, the gateway will automatically resize so that it is optimised for viewing on any smartphone or tablet device, making life easier for merchants and customers alike.

"With the new smartphone revolution, m-commerce has finally the potential to really take off," said Martin Ott, co-CEO at Skrill. "But the truth is that, for many on-the-go consumers, the idea of using their mobile to enter payment information appears difficult and time-consuming. Skrill 1-Tap changes all this by offering a quick and easy way to mobile payments. Finally merchants have a solution that makes m-commerce much more convenient, opening up exciting new business channels and giving customers a seamless mobile shopping experience."

With ease-of-use and security at the heart of Skrill 1-Tap, other key features include:

  • All information displayed on one page to maximise conversion
  • No card details stored on the device itself
  • Security code to confirm payments
  • Instant field validation

Skrill is currently used by over 20 million customers worldwide and has over 100,000 merchants. It is used by global brands such as Skype, eBay  and Facebook. Skrill 1-Tap and Skrill Quick Checkout Enterprise are available to new and existing Skrill merchants.

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 eBay.com.  Skrill is the new name for Moneybookers.

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. Skrill was also a winning finalist in the Red Herring Global 100 Awards, which recognises the most innovative companies across the globe based on financial performance, technological innovation and market penetration.