You don't have to carry a credit or debit card anymore to pay. With today's tempo of life, quick and convenient solutions are in good demand — and virtual wallets are one of them. Skrill is one of the triumphant examples of a payment system that gains wider popularity among online casino players.
Skrill-supported casinos (sites that pay by Skrill) support fast withdrawals and deposits. On our site, we offer the best Skrill casinos for players from your territory. Similarly, betting sites that accept Skrill, which offer the same benefits for sports betting players, are available.
Aside from numerous advantages, the payment system has a few drawbacks that you may or may not be aware of. Throughout this guide, I will show you every one of them. Read on and learn more about how the payment system is used in online casinos.
What is Skrill?
Skrill is an e-wallet for online payments. It was originally founded by the title Moneybookers. Skrill is owned by the Paysafe Group, alongside others such as Neteller and Paysafecard, which help businesses make secure and easy payments.
Skrill’s mission is to ensure smooth transactions for its users. Today, millions of people across the globe choose Skrill as their preferred online payment method. Skrill operates in over 200 countries and supports more than 40 currencies, so no matter your location or preferred currency, you’ll likely be able to send and receive payments easily with Skrill.
What Sets Skrill Apart from Other Payment Systems?
Skrill is an accepted payment method in online casinos, but why use it specifically? Below, I will expound on its benefits in detail so that you can make an informed decision.
1. Your Funds and Data Are in Safe Hands
Skrill is one of the safest payment providers out there. That is particularly important because payment processing entails some risks in the gaming industry. Fortunately, nobody who uses Skrill has anything to worry about. All website transactions, as well as user and banking details, are protected by 128-bit SSL encryption.
Skrill also offers additional authentication procedures, with the highest standards of security and fraud protection. You can be assured: your e-wallet is secure.
2. Time-Saving Convenience
Card and bank transfer payments usually take days to be paid out the winnings. But if you're using Skrill, it's usually done within 24 hours.
Making deposits and withdrawals with Skrill is very convenient. Just log into your Skrill account — no more entering card numbers and security codes.
And if you enable the Skrill 1-Tap feature, you can make repeat payments in a click. It's extremely convenient because you won't have to enter your email and password repeatedly. All this helps make Skrill one of the fastest digital wallets for online payments.
3. Worldwide Approach
Skrill allows buyers and sellers to trade in over 40 currencies around the world. Foreign buyers can pay in their local currencies without paying any conversion fees.
Skrill users also get to choose from multiple easy wallet funding methods, including local banks, credit or debit cards, and other payment methods. This makes it extremely simple.
Does Skrill Have Any Disadvantages?
When you are paying casinos with Skrill, keep in mind that Skrill deposits occasionally do not qualify for bonuses. All casino bonuses come with some terms and conditions. One common term is excluding some payment methods — and Skrill and Neteller often feature on such lists. But this does not apply everywhere, and there are still available bonuses that welcome Skrill payments.
Also, keep in mind the possible fees (more details in the next section).
What Are the Fees Skrill Players Pay?
Deposit and withdrawal fees can be significant. In most cases, deposits to and withdrawals from an online casino through Skrill are free of charge, but depositing or withdrawing money from your Skrill account may carry a fee.
Skrill offers cheaper deposits and payments than other major payment providers. This is when you need to fund your Skrill wallet, receive a payment, or make international money transfers.
Withdrawing cash from your Skrill wallet can be more challenging. The fee depends on the available local payment methods but tends to go up to 7.5% for VISA card cash withdrawals.
How to Pay with Skrill in Online Casinos
It is easy to control your funds via Skrill because of its easy wallet. In order to add money to an online casino that supports Skrill, just follow the steps below:
- Open a free Skrill account.
- Add funds to your e-wallet.
- Open an account in a Skrill-supportive casino — the most popular ones are listed above.
- Login to your casino account and click on the cashier window.
- Click on deposit and select Skrill as your method of payment.
- Enter the amount to be deposited.
- Verify the transaction using your Skrill login.
Withdrawing Funds to Skrill
Withdrawal is similar to depositing from the same payment method. Proceed to the cashier section, click on withdrawal, and verify the amount. You will not typically need to select Skrill again because the casino will automatically withdraw funds using the same procedure you employed in your last deposit.
