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Skrill Casinos

Skrill is not among the better-known payment services nowadays – which is not that surprising, considering the name itself is relatively new. The company was originally called Moneybookers, which might ring a few bells to most of you. You can still recognize the original company in the modern Skrill logo though, but the “major” name of the business is now Skrill. Many online casinos still refer to the service as “Skrill/Moneybookers”.

It’s not the oldest company on the market by any means, founded in 2001 and then obtaining its online banking license in 2003, which allowed them to legitimately work with online finances (a mandatory requirement for providing such services nowadays). If you want to be seen as a payment service provider for the entire Internet nowadays though, you cannot forget your roots. Moneybookers grew around the boom of mobile casinos, and subsequently became the most popular payment service at the time. It was this solid market position exactly, which allowed them to venture further into the payment provider market and reach out to more customers.

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What is Skrill?

The payment service was developed as an answer to the increasing demand for seamless global payment solutions. In 2001, the money transfer service was designed as a virtual wallet and has continued to grow its offerings, catering to merchants of all kinds, not just online gambling outfits. The platform allows account holders to deposit and withdraw funds in a fast and secure manner. Initially, the platform was named MoneyBookers and later rebranded. The quality of service has gone up over the years, and the financial company has steadily risen to one of the top providers of online funds transfer. Because the money transfer service is an e-wallet, customers can use it for a host of other online transactions like shopping.

In 2002, the company got its FCA licensing and was the first electronic money service in Europe to do so. The FCA regulation goes a long way in telling of the credibility of the company. By acquiring Paysafecard in 2013, the digital wallet solidified its standing as an online money transfer service. The payment service is available in over 200 countries.

Skrill Information

Company Name Skrill Ltd
CEO Joel Leonoff
Established 2001
Located 25 Canada Square
London E14 5LQ UK
Support more information
Regulated Financial Conduct Authority (FRN:900001)
Number of employees 700+
Website www.skrill.com

How does this payment service function?

A casino player in the US can use a Skrill account to deposit money and withdraw winnings without any trouble. Virtual wallets are some of the easiest platforms to use. You get on the company’s official website and click the “Register” button. The site will bring up a sign-up form that you have to fill with the relevant details. You must verify your email beforehand to get a valid Skrill login ID. After setting up the account, you can pick one of the 100 payment options available to deposit money.

With your account now loaded with money, sign into your playing account and go to the banking page. Select the corresponding mode of payment, which will direct you to the money transfer service. Sign in and send your bankroll to your playing account. Deposits take a minute or two until they are accessible. Most casinos will allow you to withdraw money using this payment mode. You only have to go to the withdrawal section of the gaming site and pick the Skrill payment option.

 

The best Skrill mobile Casinos 2018:

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Club World Casino Logo Club World Casino 300 % up to 3000 $ bonus visit Casino

Why use this payment mode at online casinos?

Credit card fraud and identity theft are always at the back of the mind when conducting online transactions. Even with the best security measures, the probabilities always exist. Using this virtual wallet means that you don’t have to submit your financial data to an online casino during transactions. The fewer institutions that you give your credit or bank account information to, the less the risks of it being stolen. The speed of transactions makes this e-wallet a practical choice in many circumstances. Funds deposited into a casino account are available to play in a minute.

The Skrill app is an enticing reason to consider using the payment service when gambling online. Mobile casino websites have populated the gambling sphere because they allow people to enjoy their favourite games without being stuck to desktops or laptops. A payment service that is available on mobile means that you can transfer fund in and out of your playing account and access them on the go. The app is also an efficient way for players to manage their budgets by monitoring their spending activities.

Some people prefer sticking to the same payment method when playing at online casinos for the convenience or the rewards it comes with. The availability of this money transfer service in different countries ensures that you can access it across the globe. Whether a US player is in Australia or Canada, the platform is still an option.

Skrill Casinos How Does It Work

Is the money transfer service secure to use at online casinos?

An international body regulates the financial service, so yes; customers can expect a high standard of safety. Regulated financial institutions must abide by specific laws to protect customer data. This service does that by encrypting all data according to PCI-DSS level 1 standards. Your account is also protected by the two-factor authentication protocol that the platform institutes as part of its security measures.

The protocol requires that when you use your Skrill sign in credentials, you input a code that is sent to your phone to ensure that you are the one accessing it. The platform also has some account verification processes that help in boosting the transfer limit. You can download the app, confirm your identity on a Facebook profile, or capture your images using a webcam.

What transfer times can you expect?

When you move money from your Skrill account to your playing account, you can start using it within a minute. For casino withdrawals, the electronic wallet takes 24 hours to reflect on your account. However, note that the processing times of the casino will influence how fast your winnings will be available after the withdrawal request.

Customer Support

The Skrill support is part of what makes it a credible online money transfer platform. When problems arise, customers want assurances that they can receive the assistance they need in good time especially given the sensitivity of financial transactions. You can reach customer representatives on the social media pages that the company has set up. Calling is a more practical option when an issue cannot wait several hours for a response. With a response of less than 30 seconds, the platform has some of the best performance in the industry. Of course, there is the email option, which you can send directly from your account. The support page categorizes some of the common issues in topics, which makes it easier to browse through the FAQs. Users can also use various Skrill contact phone numbers, depending on their location.

Advantages:

  • Over 40 currencies are available on the money transfer platform
  • Transfer of funds to online casinos is almost immediate
  • Protection of personal data

Disadvantages:

  • Some casinos don’t allow withdrawals through this method
  • Various charges may apply when transferring funds
  • The option is not available in some international gambling sites

Do casinos offer welcome bonuses when using Skrill?

Yes, welcome bonuses are some of the promotions that online gambling sites employ to attract customers. A good number of them match a customer’s initial deposit regardless of the banking method used. The exact bonus will vary with the casino and the size of your first deposit. Conversely, some casino will invalidate the welcome bonuses for players who use this payment service, so make sure you check the terms.

An introduction to Skrill

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FAQs

How do I open an account?

You know a bit about what this money transfer service offers and wish to set up an account. Visit the platform and then navigate to the registration page by clicking the button at the top right-hand corner. The registration form will ask for your full name and email. You must also fill the CAPTCHA for security purposes. A “Register Now” button is present at the bottom of the form; click it after going through the account terms. It may seem obvious, but some customers fail to read the conditions and end up confused when issues arise later.

Do I have to pay for this service?

No, opening an account does not result in Skrill fees. The platform doesn’t charge a maintenance fee unless your account remains inactive for 12 months. Then, a fee of $3.00 applies. However, some transactions can result in charges. Depositing money using a MasterCard, for example, costs 2.9%. An online casino customer should also consider the conversion fee that may apply when transacting in different currencies.

Do all online casinos have this payment mode?

The reputation that the financial services company has cultivated over the years demands it to be strict with its partnerships. For this reason, online gambling businesses are put through rigorous inspections before they can be allowed to offer the payment service. Not all casinos will, therefore, have this banking solution on their cashier page. Gamblers should always confirm this before joining a gambling site.

How much is the minimum deposit?

The minimum that you can transfer using this payment method is 0.50. However, the minimum you can fund to your playing account will depend on the casino. Most will require players to have at least 10-20 USD.

Do I have to pay a fee for casino deposits and withdrawals via this method?

The type of transaction that an account holder is conducting will determine if Skrill fees apply or not. If the online casino that you are transacting with has a wallet, then sending and receiving money is free. Most casinos don’t have charges for funding player accounts. You can find web-based gambling sites that take a percentage as a withdrawal fee, so confirm with a particular casino.

Which online casinos offer Skrill as a payment service?

The number of online casinos that allow Skrill payment increases by the day as the need for efficient money transfer services goes up. Some online sites that you can allow this payment mode include for example:

  • 888 Casino
  • Mr. Green
  • Leo Vegas Casino
  • BGO
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