So how does Skiff work?
Skiff is a payments network that lets you send and receive money using just an email address or phone number. When someone sends you funds, Skiff notifies you right away. You can then open your balance from the account overview and choose to move it to a linked bank, or leave it where it is.
Skiff earns revenue through fees on certain transactions, currency conversions, and services such as checkout for merchants and cross-border transfers. Merchant subscriptions and interest on settlement balances also contribute to what the network takes in.
For more detail, these help centre articles cover the basics: