Skrill is a global payment solutions provider that allows users to receive and send money both locally and internationally. With no fees to pay for transferring funds to bank accounts, Skrill is widely used across the world by users doing business online. Powered by Paysafe, it is widely accepted to be one of the best solutions when it comes to iGaming payments and withdrawals with a heavy focus on this sector.
Skrill accounts are free to set up and easy to use. You have the option of applying for a pre-paid Mastercard physical card using a virtual card accessible through the Skrill app, by simply paying online, or making a transfer to a local or international bank account. The Skrill app which is available on both iOS and Android also allows you to buy and sell cryptocurrencies including Bitcoin, Litecoin, and Ethereum amongst others.
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DEPOSITING AND WITHDRAWING WITH SKRILL AT ONLINE CASINOS
It is super easy to use Skrill to deposit money to a casino or betting site. All you have to do is to create a Skrill account, which you can do fast on their website. Then you have to make sure to transfer funds to your Skrill e-wallet. Withdrawal procedures are easy and quick. Just select Skrill from the Cashier withdrawal menu options and your winnings will be transferred to your account.
The moment you have funds in your Skrill account, you can deposit cash to an online casino. All you have to do is select Skrill from the Cashier menu, enter your Skrill username and password, choose the amount you wish to deposit and complete the transaction on the Skrill website where you will be automatically redirected. The deposit limits are usually low, and funds will be available to you instantly.
WITHDRAWING YOUR WINNINGS
- Prepaid Mastercard at ATMs
- Bank transfer
FEES WHEN USING SKRILL AT AN ONLINE CASINO
Skrill does not charge fees for playing real money online. There are no fees to open and hold a Skrill account, but if you leave your account unused for 12 months, they will charge you €5. Fees do apply when making deposits or withdrawing cash. You will pay 1.00% fee when uploading funds to your account and 7.5% withdrawing money. Receiving money is free of charge, however there is a 1.45% fee for sending money.
You can also exchange currency with Skrill so you won’t have to worry about what currencies online casino accept. There is however a fee of 3.99% for that. You can buy and sell cryptocurrencies with a small fee of 1.50% if you have EUR or USD as your wallet currency and 3.00% for any other currency. This is not available in all countries so please make sure you check the list.
THE SECURITY OF USING SKRILL AT AN ONLINE CASINO
The biggest advantage of using Skrill to make payments and withdrawals at online casinos is security. Unlike other payment methods, when using Skrill you don’t store your card details on casino or betting sites. Therefore the risk of stolen data is minimised. The only information you are asked to provide is your Skrill username and your pin, so all operations are completely anonymous as far as your actual card details are concerned.
Skrill is also a great option if you live in a jurisdiction that frowns upon real money online gaming. Since no banks or credit cards are involved, using Skrill is always safe and confidential. Skrill money transfers are quick, safe and are supported by many online casinos. Skrill takes security very seriously and uses top industry-standard SSL (Secure Socket Layer) encryption for each real money transfer for security and peace of mind.
SUPPORT FOR SKRILL
Skrill support is available through a messaging system located within the app that promises replies in a short amount of time. There is also an FAQ question with a list of frequently asked questions, so make sure you check there first to avoid unnecessary delays in getting help. On their website, Skrill has an extensive knowledge base with more help that is offered in the FAQ, so also remember to check there.
Support can be a make or break proposition when choosing a payment provider, and companies know this. By having an FAQ and a strong knowledge-base, Skrill ensures its customers have a degree of self-service functionality that can cut down waiting times although some users might prefer the IM functionality used by other service providers. Using Skrill is generally problem-free and is widely used by gamers and the general public alike.
DIFFERENT PAYMENT OPTIONS WITH SKRILL
Skrill features 3 deposit methods, each of which carries a 1% fee, Credit or debit card transfers are instant with no maximum limits imposed, and a slew of different cards are accepted, including American Express, Diners Club, JCB, Mastercard and VISA. You can also transfer Bitcoin and Bitcoin cash, but a maximum transfer limit of 500 euros is imposed when using this option. Bitcoin and Bitcoin Cash deposits are also transferred instantly.
Depositing using a manual bank transfer can take between 2 – 5 working days and funds need to be transferred from a bank account held by the owner of the Skrill account. Available funds can be transferred to another Skrill account, a bank account, or using the prepaid card at any ATM that accepts prepaid Mastercards. Funds can also be used to make online purchases including through the virtual card.
Skrill can be a versatile option to make and receive payments online. With a focus on the iGaming industry, you can expect wide comparability options in both making and receiving payments. A favourite amongst the online community, Skrill is not without its flaws but offers a smooth user experience that is generally trouble-free, allowing you to focus on what you want to do, whether its play the latest game or withdraw funds for a night out.