The global pandemic has changed the world in every aspect. From the way we work, to the way we live, individuals and businesses alike have been forced to reevaluate everything. With massive nationwide lockdowns, and people finding themselves stuck quarantining at home, our reliance on online shopping and the need for digital payment services is at an all time high.
Unfortunately, it looks like Lebanon will be losing another digital payment service that thousands of Lebanese individuals and businesses have used to facilitate payments and business transactions for the past decade.
Skrill has announced that it will soon cease to provide services to customers registered in Lebanon. The digital wallet provider was established in 2001, and offers a range of online payment and money transfer services. Since launch, Skrill has expanded to operate in more than 120 countries with support for 40 different currencies.
According to official email communication from Skrill, accounts based in Lebanon will remain active until April 20, 2021. On that date, the accounts will automatically and permanently close. Until then, you’ll still be able to transact and withdraw funds from your account, but you won’t be able to upload further funds from Lebanese bank accounts, or debit and credit cards issued from the country.
The decision for Skrill to pull out of Lebanon is still unclear, although many people have been quick to point fingers at the deteriorating financial crisis, massive widespread corruption, as well as various diplomatic factors.
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Skrill has suggested all Lebanese users to withdraw any funds that may be available, and to reach out to their customer support team should they have any questions regarding this decision. Although Skrill still hasn’t added Lebanon to its list of unsupported countries, it’s safe to assume that the county will be added on April 20, 2020.