Skrill Business/Personal Account + Payments to Player Account

Discussion in 'Affiliate Payments' started by autonomas, Feb 12, 2017.

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    autonomas

    autonomas New Member

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    Hi guys,

    For those of you who have companies, do you know if it's necessary to open a Skrill Business account to receive payments in the name of the company?

    From what I've seen it seems that the Skrill Business account is mostly used for payment gateways, which we as affiliates don't need.

    But if I use a personal Skrill account, is it then possible to withdraw to a company bank account from the Skrill account?

    Any experiences with this?

    Also, one other question I have is, how do you deal with affiliate programs that only pay earnings into a player account if you have a company? I assume this would present problems when trying to withdraw the funds to a company bank account?

    Thanks!
     
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    baldidiot

    baldidiot Affiliate Guard Dog Member

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    If it's a company account they make you register for a business account even if you're not using them as a payment gateway. If you try and register a personal account for a business you'll fail at the KYC and they'll convert to business.
     
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    baldidiot

    baldidiot Affiliate Guard Dog Member

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    Oh and whilst I don't really understand the difference between a business and a merchant account, it seems as though initially you don't pay fees as a business customer to receive skrill to skrill transactions. But once you hit a certain level your account is frozen and you're made to upgrade to merchant to unlock it. Then you get stuck with full merchant fees.

    That's what happened to us anyway.
     
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    Strider1973

    Strider1973 New Member

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    Now they've also contacted me. Well' not really, they blocked my account and made me contact them :/

    So they want a small affiliate to agree to a very long agreement with annexes where the links don't work anymore, agreeing to a fee schedule that is neither attached nor available anywhere, and request a 12 page application form with signatures from 2 directors while I work alone. Strange. I'm currently in contact with them, at least they unblocked my account for the moment.

    Too bad that still many affiliate programs have very limited payout options, and for normal wire transfers (which I would prefer) they are charging high fees.
     
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    Biti

    Biti Active Member

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    That depends on the operator. You can do KYC with your company or they don't ask in case you're an affiliate. I know some that don't ask if you're having an affiliate account.

    But I try to avoid them as much as possible. It could provoke problems in countries where those casinos are illegal. Somehow they could consider it a payment to a player. Hence, you were playing..
     
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    Strider1973

    Strider1973 New Member

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    Just to update you on my case with Skrill Merchant account:
    I called them, and convinced them that I'm not a merchant, as I'm not taking payments from customers (and btw cannot fill out their form that required signatures from two principals as I am a one-man show).
    They said I must open a new personal account, and that they cannot transfer the balance from my existing (previously business) account.

    I was able to change the email address in my old account and to open a new account with my old email address (so that I don't have to change payment method/address in the affiliate accounts involved).

    Now I have to withdraw the funds from my Skrill account that they will close in 30 days. Guess what, they convert USD to EUR because USD withdrawals are no longer possilibe. I knew that for about 6 months.
    Now I opened an EUR account to avoid the FX fee from my bank. Guess what: to this account, Skrill wants to pay out in CHF.
    So they have a system in place to convert cashouts to a currency that doesn't match your bank account currency, in order to charge even higher FX fees.

    So in the future, I'm going to avoid them as much as possible. Too bad many aff programs charge high fee for wire transfers.
     
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    DaftDog

    DaftDog Affiliate Guard Dog Member

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    I've stopped using them and only use wire transfers for my commission payments. Those FX fees were ridiculous.
    The aff programs I deal with don't charge me wire transfer fees.
     
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    onlinecasinoscloud1

    onlinecasinoscloud1 Affiliate Guard Dog Member

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    Skrill is really weird lately, raising all the charges. Best as skrill gets fees for a prepaid card, money just disappears from my account and i do not see any description on the transaction list. I think better is wait longer time and get a commission to bank account.
     

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