Without doubt, Skrill is the go-to solution for people who wish to fund their casino playing at online casino, slots, bingo and sports betting sites without revealing their debit card, credit card or bank account details. Skrill – alongside Neteller – is the number one eWallet solution for online casino players all across the UK, and in many other parts of the world.
For many years Skrill was known as ‘Moneybookers’ but in 2011 the brand decided to rename itself ‘Skrill’. For a while it was known as ‘Skrill by Moneybookers’ but completed the rebranding in 2013. This rebranding has been used a good yardstick for online casinos for many years – if a site still refers to Skrill as ‘Moneybookers’ then it has not been updated for some time and needs to be avoided!
Moneybookers was formed in 2001 as an electronic payment services provider. Despite sharing the same space as PayPal, Moneybookers became so successful that it was bought by investment company Investcorp for €105 million in 2007. Moneybookers became an integrated eWallet option with countless online wagering companies, as well as major concerns like Facebook, eBay and Skype.
Why Use Skrill at Online Slots Sites?
There are two main reasons to use Skrill at online slots sites – safety and convenience. Although the vast majority of online casinos use industry-standard encryption technologies, there is always the chance of some manner of data branch. If you are sending money across the internet the last thing you want is for your banking information to fall into the hands of those intent on using it for nefarious purposes.
By linking your Skrill account to an online casino you will only be making payments from your Skrill account, and not from your bank account, debit card account or credit card. You can fund your Skrill account in any way that you wish, and you can use your Skrill account at any number of available online casinos that accept Skrill as a payment services provider.
• Available at a massive number of online casinos
• More available than other popular eWallet solution providers, such as PayPal
• Once you have set up your Skrill account it is incredibly easy to use
• Using Skrill is not free, but costs are minimal
IMPORTANT! Many online casinos will not allow you to use funds deposited from Skrill accounts to meet wagering requirements for bonus offers. Always check any bonus offer T&Cs to make sure that Skrill payments are not prohibited in this way.
Is it easy to use Skrill at Online Slots Sites?
To make a deposit using your Skrill account, you must have a Skrill account in the first place. To open a Skrill account you just need an email address that you can validate. Open your account using your email address then validate it as the site requests. You then need to set up a source of funding so that you can get money into your Skrill account.
When you need to get money into your online casino account you just head to the site’s cashier and choose Skrill as your payments method. Select the amount you wish to deposit and click the confirmation button. You will then have to okay the transfer via your Skrill account. Your money should then be available in your casino account instantly.
You will not be able to withdraw to your Skrill account until you have made a deposit from it. The withdrawal process is usually almost identical to the deposit process, except that as you are paying money into your Skrill account you will probably not need to okay the transfer from a Skrill point of view.
Any money that you withdraw should arrive in your Skrill account within three working days. The best online casinos though will transfer your money with much greater speed than three days, and the very best will transfer your money as quickly as making a deposit.
All Skrill transactions come with a fee attached, although fees are minimal and should hardly have any impact on your financial life! Some casinos will charge withdrawals fees too, but such casinos should be neglected in favour of those that do not charge anything!
Still have more questions regarding Skrill? Here, we are giving you the answers to the most popular queries about this online payment method.
Playing at a Skrill Casino is safe and you should not have any issues when using this payment method online. Skrill takes the safety of its customers very seriously and when you sign up you must present a form of ID or passport, show your proof of address and there is a thorough verification process that you have to go through before your funds will be released to you. Cash deposits are also not allowed with this payment method for security reasons.
Yes, if you prefer to play all of your favourite online slot games on a mobile device, there is no need to worry as you can also use Skrill to make your deposits and withdrawals.
A casino with Skrill as a payment option will not add on any extra charges for withdrawing or depositing your cash using this method. However, while this may seem great, to upload funds into your Skrill account or withdraw cash from it, you will be charged a fee for doing so. Using bank transfer or a Maestro Card allows you to deposit into your Skrill account without any fees but other banking options can range anywhere from 0.5% up to a whopping 7%. Furthermore, to withdraw funds from your Skrill account with a bank wire transfer or Visa, you will be charged 7.5% which we think is very high.
If you are thinking of using Skrill, take these fees into consideration as it could end up eating away at your funds quite quickly.
When making a deposit from your Skrill account to your online casino account, players will be happy to hear that this is done almost instantly. There is no time to wait around to be able to play all of your favourite games! In the case of withdrawals, this can take a little longer to do and it will vary from casino to casino. Make sure you double check with your online casino before depositing, but generally withdrawals can take around 24 hours to process.
The minimum and maximum amounts that you can deposit at an online casino through Skrill depends on the casino that you are playing at. Each casino will state what these limits are and you can check them before you get started playing. Typically, at a Skrill casino you will find that you can deposit as little as £1, but this can rise up to £10. For the maximum amount that you can deposit, this again varies from each casino but this usually ranges up into the thousands and will be more than enough for the majority of Skrill slot players.
If you decide to make a deposit using Skrill, you have the option to use it as your withdrawal method too. However, this is not compulsory and you can choose to use other withdrawal payment methods instead that are offered by the online casino that you are playing at.
There is perhaps no more convenient way of funding your online wagering activities (as long as you gamble responsibly) than using Skrill. This is a reliable services provider that allows you to enact financial payments online confidently, safely and securely. If you want an extra layer of protection to your online payment activities, then why not open a Skrill account today?
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