Description
SWOT ANALYSIS OF MONEYBOOKERS

Moneybookers (Skrill)

Parent Company

Investcorp Technology Partners

Category

Online payment Company, Ecommerce Finance

Sector

Banking and Financial Services

Tagline/ Slogan

Changing the world of online payments

One of Europe’s leading digital money companies operating one of the USP world’s largest independent eWallet platforms

STP

Segment

Online Payment processing

Target Group

Online consumers looking for financial solutions

Positioning

Ecommerce and financial solutions

SWOT Analysis

1. Highly secured online Infrastructure 2. presence in over 200 countries with over 100 payment options 3. More than 23 million members 4. Rebranding to Skrill 5. More than 100,000 merchants are registered with Moneybookers and its payments systems are integrated by global online brands Strength 6. Moneybookers claims to have over 14.8 million account holders

1. High exposure to risk Weakness 2.Controversies relating to collection of funds for Wikileaks

1. Cashless economies 2. Digital currency Opportunity 3. Upcoming ecommerce markets

1. Stringent economic policies world over 2. Highly competitive environment Threats 3. Hacking threats

Competition

Competitors

1. Paypal



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