CHANGES TO TERMS AND CONDITIONS OF SKRILL AND NETELLER
Payment systems Skrill and NETELLER are going to change some terms of the user agreement in 2019.
First of all, innovations will affect the security of using services but some rates will be changed as well.
Skrill had cancelled the first free transaction for new accounts. And since then, all transactions will be processed at standard rates for all users. Skrill current rates are available by link.
At the same time, NETTELER announced tariff changes for inactive accounts which will become effective on 13 March, 2019. According to a new term if there were no transactions on the account for the last 12 months there will be a commission of $5 per month (but the balance still cannot move under a $0). All the accounts, that have at least 1 transaction a year won’t have any commissions. Previously there was a one-time fee of $13.
In addition to that, NETELLER can now restrict account functionality (card use, deposits, cashouts, internal transfers) if there was a suspicious account activity by any user of PaySafe Group payment systems.
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