Skrill is a popular payment method that works across several countries. Due to its popularity and features, many business owners integrate a Skrill payment gateway on their websites to facilitate online transactions. If you’re familiar with PayPal, then you should know how online payments using e-wallets work; that also applies to Skrill.
In 2001, Daniel Klein and Benjamin Kullmannhich came together to create an online business that provides financial services covering online transactions. Their business was launched in London, the first to acquire an electronic money licence.
At first, it was named Moneybookers and rose quickly to become a top payment gateway in the UK. It was popularly used on platforms like eBay, Skype, and Facebook. By 2011, Moneybookers had rebranded to Skrill and had global recognition beyond the landscape of UK citizens.
One of the sectors that benefited greatly from Skrill services was the casino industry. Gambling is a legal activity in the UK, and businesses offering casino games and related services are fully authorized to run their businesses. Skrill is not just top-rated because of its fast transactions and perks; it’s also one of the most secure and trusted payment methods.
This article digs deep into Skrill, how it works, its pros and cons, what you’ll benefit from using it, and the security it offers.
Skrill is a popularly preferred online payment method because it processes transactions instantly at little to zero costs. It supports hundreds of online casinos globally and is present in more than 130 countries. Skrill’s coverage is not limited to a few currencies, as it works well with several currencies used in the country where it operates.
Skrill is accepted in many leading betting sites, both sports and casino betting websites. For many casino players, Skrill is among their number one choice because of the no deposit or withdrawal fee usually attached. Most, if not all, online casinos support Skrill for both deposits and withdrawals.
Skrill offers zero fees for deposits and withdrawals at casinos. Although there’s no limit to the amount you can withdraw using Skrill at various online casino sites, each website has its minimum and maximum deposit or withdrawal amounts. However, the minimum deposit amount across major casinos is $5. The maximum amount withdrawable varies based on the casino site.
Although Skrill offers amazing benefits compared to other payment channels, it has limitations. Many online casinos accept Skrill for payments, but some betting sites do not award first-user bonuses if your first deposit was done using Skrill. You’ll still be able to access other parts of the game, but you won’t get any welcome bonuses.
Funding your Skrill account takes about 2 to 5 days for the money to arrive in your digital wallet. But you should get your funds instantly when you use Skrill to deposit or withdraw money from an online casino.
Skrill has been a popular payment method for the gambling scene for a while now. As such, you’ll find several online casinos that accept it. However, some of them stand out. They have better bonus offers, above-average customer service and several other commendable features. Such include:
Skrill is safe for online gambling as they’ve satisfied the various security requirements. Skrill is registered with the US Financial Crimes Enforcement Network (FinCEN) as a financial service business. In addition, it holds a US money transmitter licence proving its compliance with government regulations.
Skrill maintains its integrity as a financial service provider as it undergoes the same strongest processes in terms of security and performance that many banking and trading services go through. The personal information you provide, like your name, email, phone number, and financial transactions, is secured using Secure Socket Layer (SSL) technology with high encryption.
So rest assured that when you make payments on an online casino or betting site, Skrill does not share any sensitive financial information with the receiver. Information like your credit or debit card number is kept private and secure, so your payments are safe.
Most online casinos provide Skrill as one of the available payment methods. It’s fast, reliable, and secure. Skrill is one of the most used payment methods by casinos, and many casinos offer welcome bonuses, which are activated upon deposits made with your Skrill account. Most times, deposits and withdrawals are free, although some casinos may request a cash advance payment.
When you open a Skrill account and complete your registration, you can easily use your Skrill account to deposit funds in any supported online casino. Skrill charges a 1% fee for any amount you deposit into your Skrill account, but when you use your Skrill account to deposit in a casino, your deposit is free of commission. Withdrawals are also free of charge when using Skrill for casino payments.
In today’s world, many people are interacting with their mobile phones on the go. Whether playing a casino game, shopping online, or making a transfer to a friend, you can easily do so while on a train, on a bus, or while sitting in the park. Many businesses have found optimizing their websites and apps for mobile phone users is important. Skrill facilitates mobile payments through the Skrill 1 Tap service, which enables users to conduct transactions from a simple mobile interface.
Whether in the UK, where Skrill is based, or halfway across the world, you can use Skrill. Skrill is available in over 130 countries, including countries where gambling is legal. As long as Skrill provides support for your country, you can use Skrill to process your online casino payments in multiple currencies, such as USD, GBP, AUD, EUR, and CAD, among others.
Skrill has multiple channels to provide customer support for users. First, there’s a “get instant answers” section where you can search for a term relating to your issue, and related answers will pop up. If you can’t find any answer to the question or help you have in mind, then you can proceed to the live chat. Sofia is the virtual assistant chat service Skrill uses to provide more support for users. You can also reach their staff via email at help@skrill.com or on the telephone line at +44 203 308 2519.
Skrill is one of the most popular and trusted payment gateways globally. For casino players, it’s worth having a Skrill account, as deposits and withdrawals using Skrill casino are free of charge. Each transaction is completed instantly compared to the long waiting periods for bank transfers. Skrill has good customer service with different channels to provide adequate and timely help for users.
Many online casinos accept Skrill for casino payments. When you’re ready to deposit money into your casino account, you’ll find Skrill among the options available.
Some online casinos do not allot welcome bonuses or promotional incentives for users who deposit using Skrill. However, others do, so you can get deposit bonuses from casinos that offer such for Skrill deposits.
Skrill is regulated by the Financial Conduct Authority (FCA) for UK citizens and is subject to the Financial Crimes Enforcement Network (FinCEN) laws. It is a licensed financial service provider with a reliable security protocol.
Most casinos in the US and UK use use Paypal over Skrill. Still, it is a popular payment method on many offshore casinos.