Online casinos, these days, offer a convenience that makes it easy for players to play games at their comfort. Not only playing games have become easier, but online payment methods have also eased the process of depositing money in the casino’s account. One such reliable and easy payment method is Skrill. If you have been a regular player at online casinos, you must have seen that most casinos offer Skrill as the payment method because of the convenience it provides and the benefits of the payment method. Here is a detailed article enlisting the benefits, disadvantages, and explaining the steps.
Skrill – What Is It and How Does It Work?
Skrill is an e-wallet that was formerly known as Moneybookers. The company rebranded to ‘Skrill’ in 2013 after 12 successful years of operation. Skrill is an UK-based company that has been acknowledged by UK’s Revenue and Customs Department and has been licensed to operate across the European Union. In addition to this, it is the only e-wallet company that has been allowed to operate in New Jersey and has been licensed by the New Jersey Division of Gaming Enforcement.
Opening a Skrill wallet can be done by simply providing your email address. You will have to log in to your account using email ID. Therefore, you are required to add a valid email ID. After creating the account, you can top up your e-wallet using your credit or debit card. You can also use cash to recharge your Skrill e-wallet if you are using Paysafecard. Making payments is a fairly easy task as the e-wallet is incredibly convenient to use. Due to this, it has become hugely popular amongst casino players in the UK. The digital wallet offers more than 100 deposit options making it efficient for all the casino players out there.
Advantages of Using Skrill e-wallet
Using this e-wallet to make payments at online casinos has a set of advantages. Many casino owners make it as the primary payment method. If you are looking forward to using Skrill as the payment method at a casino, you will be entitled to the following benefits:
- It is a renowned company and while making a payment, you would want to make sure that your money is safely transferred to and from your account. It has been in this industry for more than a decade and has collected many accolades during their journey. With such a fabulous track record, Skrill brings the benefit of reliability and trust every time you make a payment through the e-wallet. With their exceptional services, Skrill has more than 30 million users all over the world and the company deals in 40 currencies.
- Over the years, it has made itself one of the most betting friendly e-wallets. Owing to which, it is widely listed under popular casinos such as Ladbrokes, William Hills, and Bet 365. In addition to this, many casinos also offer bonuses for setting up accounts and for making payments.
- Besides the reliability and safe payment assurance, it also offers convenience. You can view all the payment you made can be seen in one place by logging into your account on the company’s official website.
- If you are using Skrill, you can expect money to be transferred almost instantly.
- Players can use pre-paid Skrill cash cards for withdrawing money from offline ATMs.
- For those who spend a considerable amount in casinos, they run a special VIP program under which high rollers are offered multiple benefits and lucrative offers.
- Being one of the most prominent digital wallets in the casino industry, Skrill maintains high standards of security. Encryption methods are deployed wherever necessary to make sure that players’ money is safely transferred.
Step by Step Guide to Using Skrill at Online Casinos
Using this e-wallet at any of the top casinos online is an effortless process. You can follow these steps to use it to deposit and withdraw money at online casinos:
Depositing Money in Your Account
Depositing money in a Skrill account is a piece of cake. You need to follow the below-mentioned steps:
- Choose the e-wallet option on the payments page. Select it as your payment method at the payment page on any online casino.
- Enter the email ID with which your wallet is associated.
- Choose the amount which you need to add to your account.
- Click on proceed to initiate the transaction using this digital wallet.
Withdrawing Money Using Skrill Wallet
Withdrawing money is equally easy and simple as depositing money in your account. You need to select Skrill as your preferred payment method while withdrawing money from a casino’s account. Use your account’s email ID in the process and money will be withdrawn from a casino’s account to your account easily.
Disadvantages of using Skrill at Online Casinos
It has certain disadvantages as well. We have enlisted some of the major disadvantages below:
- Skrill charges some fees when currency conversion is concerned and some fees are also levied on some types of deposits.
- Once a user has set up an account, primary currency cannot be changed and it can be an issue for some gamblers.
- Players cannot hold Skrill responsible for any payment related dispute except when the payment is done via Amex or Visa cards.
Skrill Online Casinos – FAQ
Does Skrill have some deposit limits?
It imposes certain deposit limits on new accounts. However, limits can be increased over a period of time.
Can the residents of UK use Skrill?
It is an UK-based company and the residents of the UK can definitely use it as a payment method in online casinos.
How long will it take to withdraw money using Skrill?
It offers almost instant transfer of money. Players can expect to receive money in their Skrill account in anywhere between 1 hour and 1 day.
Is Skrill safe to use?
It is a reputed digital wallet and they maintain the highest order of security. Premium security measures are deployed and players’ sensitive information is not shared with third-parties.
What are the benefits of using Skrill at online casinos?
It offers many benefits over other payment methods such as convenience, security, and instant money transfer.