Skrill at Online Casinos

Skrill, or previously operating under the name Moneybookers, is a popular online payment method. The company is based in London, UK and has been successfully working ever since 2001. Skrill is closely related to its main competitor Neteller as both companies belong to the Paysafe Group.

Skrill is an FCA-regulated entity and serves over 20 million customers worldwide. Over the years, Skrill scooped lots of awards and recognition for its hard work. In fact, alongside Neteller and PayPal, Skrill is probably one of the most popular money transfer services worldwide.

Thanks to its low fees, safe transactions and ease of use, Skrill at Online Casinos has become a top banking method too. Therefore, a considerable number of industry-leading operators such as BGO Casino, Casumo Casino and 888 Casino accept Skrill.

skrill-header-2_header_615x250Getting Started with Skrill

Before using Skrill as a banking method at online casinos, customers must create a profile with Skrill first. You can do this at the company’s website by providing necessary personal information like name, surname and e-mail.

The next step for a new customer is to top up their Skrill account using one of the approved payment methods. Such payment methods include bank transfer, Visa, American Express, Mastercard, Paysafecard and even Bitcoin. Once you do this, you will be able to use your Skrill e-wallet for funding online casino accounts.

You should know that you can also withdraw your funds from your Skrill e-wallet. Simply use bank transfer, Visa or SWIFT, and you will receive your cash in no time.

Skrill Fees

Keep in mind that using Skrill comes with certain transaction fees. Therefore, when uploading cash to your Skrill account the transaction fees, you will pay are 1.00%. Withdrawing funds using bank transfer costs £4.76, while Visa withdrawals are 7.50%. Finally, the prices for SWIFT cashouts are £4.76.

Sending money via Skrill comes with 1.45% charges, with £0.43 being the minimum fee. Only receiving money on your Skrill account is always free.

Additionally, users should keep in mind that not using the service at least once every 12 months will cost them a service fee of 3 EUR (or equivalent).

Pros of Using Skrill at Online Casinos

Unlike bank transfers or sometimes even credit card transactions, Skrill enables players to hide where they send money. This is quite important as having online gaming-related transactions can hurt your credit score. So, the use of e-wallets such as Skrill at online casinos is continuously on the rise.

Fast Processing times and Low Limits

Let’s look at the numerous benefits of using Skrill.

First, we have fast processing times. Unlike bank transfers that take days, online casinos usually process Skrill payments and withdrawal within hours. Then, there are the low banking limits. Most online casinos have a low minimum deposit, and withdrawal amounts for Skrill transactions. For example, at 888 Casino the minimum Skrill deposit amount is reasonable £20;

Additionally, Skrill often has no processing fees. Usually, online casino operators won’t charge any processing fees on e-wallet deposits and withdrawals. This means that you won’t have to pay additional costs such as the ones applied on bank transfers or cheques;

Finally, many operators offer a selected deposit method bonus. This is usually a 15% or 20% bonus given to those that deposit cash using operator-favoured banking options. When there is such a bonus, Skrill is always eligible for it.

skrill palySkrill at Online Casino: Simple and Safe

In addition to the pros above, there are a few more important benefits of using Skrill as a payment method. For instance, Skrill supports lots of supported currencies. When using Skrill, you can make transactions in many different currencies. For example, Guts Casino supports Skrill transfers in GBP, EUR, USD, AUD, CAD, CHF, DKK, HUF, NOK, PLN, RON and SEK;

Moreover, using Skrill at online casinos, but also as a payment method in general, is 100% safe and secure. The company employs high operating standards and encryption technology that makes this e-wallet one of the safest on the market;

Lastly, this e-wallet is extremely simple to use. When using Skrill, you should enter your Skrill account details alongside the amount you want to transfer, and that’s it. You can forget about complicated procedures that take forever.

Cons of Using Skrill

Since no concept is perfect, let’s mention the significant con of using Skrill at online casinos. Well, in some instances operators won’t make you activate bonuses if you use this payment method. This is extremely rare, but we must mention it anyway. Namely, if you want to use Skrill make sure to carefully read the bonus rules, especially the welcome bonus ones. Sometimes, operators point out that the bonus cannot be received if you use Skrill for depositing.

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