Skrill Knect Update – February 2020

If you are an existing Skrill account holder you may have received an email with details of the changes that Skrill are making to their loyalty reward program Knect.

The changes they are introducing will be effective on different dates – some changes are effective immediately whilst other changes will come into effect on 19th March 2020.

Below we have summarised the updates and explained the key points to pay attention to, especially since the rules are different depending on whether you are based in the UK/EU or whether you based elsewhere in the world.

Changes effective immediately

Previously, you earned Wallet Credit from Skrill Knect for every transfer to merchant. However, Skrill are now introducing a list of Excluded Merchants.

Skrill Knect Excluded Merchants

You can find the full list of excluded merchants by following the steps below.

1. Login to Skrill and click on Knect > Earn Points

2. Click on ‘View non-eligible merchants’
3. You will be redirected to the list of Excluded Merchants

Changes effective 18th March 2020

The following changes will come into force on 18th March. To make it easier for you to understand how you will be affected, we have separated the changes into 2 regions: UK/EU & Rest of World.

UK/EU

• Transfers from Skrill > Skrill (otherwise known as P2P transfers) will no longer generate loyalty points
• You will no longer be eligible to earn loyalty points for Transfers to Merchants unless you make a valid upload into your Skrill account. A valid upload is a deposit made into your Skrill account from either a Bank Account or a Bank Card.

Rest of World (ROW)

• Transfers from Skrill > Skrill (otherwise known as P2P transfers) will no longer generate loyalty points
• You will no longer be eligible to earn loyalty points for Transfers to Merchants unless you complete one of the following:
  • Make a valid upload into your Skrill account. A valid upload is a deposit made into your Skrill account from either a Bank Account or a Bank Card OR;
  • Fully verify your Skrill account

Therefore, to summarise, if you are in the EU/UK you need to make a valid deposit and if you are outside EU/UK you simply need to fully verify your Skrill account.

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