Skrill is an eWallet like PayPal and Neteller. It enjoys a great deal of popularity among online casino players because it presents an instant, safe, secure, and anonymous way of loading funds into online casino accounts. It can also be used to withdraw winnings.
Skrill is one of the safest, most secure, and most reputed electronic payment processing services in the world. This makes it among the most used online casino banking methods. Skrill is the preferred banking method of players who are uncomfortable about revealing their sensitive financial details such as credit card numbers and other information at online casinos. Players can use Skrill to anonymously load their online casino gaming accounts. They do not need to divulge any financial details.
- Payment Type: eWallet
- Sign Up Cost: Free
- Fees to Send/Receive Money: Online casinos do not charge players for using Skrill. While Skrill does not charge players for sending money to online casinos, they do charge a nominal transaction fee of 1% on withdrawals from Skrill to bank accounts.
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Skrill offers online payment processing services to consumers from 200 countries all over the world. They also support local banking methods in over 30 countries including Belgium, Hong Kong, Denmark, Czech Republic, Cyprus, Korea, Malta, Kuwait, Norway, The Netherlands, Turkey, Slovakia, and Portugal. Skrill is not available to players in the US.
The owner of Skrill is Investcorp Technology Partners, a publicly owned company with offices in Bahrain, London, and New York. The company acquired Skrill for €105 million in 2007. Over the past year, Investcorp Technology Partners has acquired several prestigious companies such as Gucci, Apcoa, Tiffany, Jostens, and Moody International.
How to Load Online Casino Account with Skrill
To use Skrill, players should first sign up for an account at Skrill. They should then load their Skrill account using credit/debit cards or bank transfer. Once they have done this, they are ready to use their Skrill accounts to make payments for goods and services purchased online.
The next step is to find a Skrill casino, which is not at all difficult as almost all online casinos in the industry offer Skrill as a payment option. Players should then visit the cashier section of their Skrill casino and select Skrill as their preferred banking method. Once they do so, they will be taken to their Skrill account page, where they have to login and verify the transaction.
How to Withdraw Winnings Using Skrill
Skrill can easily be used as a casino withdrawal method. Players can request the online casino to send their winnings to their Skrill accounts. However, withdrawing funds from one’s Skrill account comes with a fee. If players use their credit/debit card to withdraw winnings, they have to pay a fee of 1% of the total transaction amount. While loading one’s Skrill account using credit/debit card is absolutely free, foreign currency conversions cost money.
Advantages of Skrill
The biggest advantage of Skrill is that it is available in over 29 currencies all over the world, which means that players from several countries are able to use it. Skrill is cheaper than the other online payment processing services in the world. The transaction charges of 1 percent are much lower than that charged at other eWallets.
In addition, Skrill is a highly reputed company that has earned the trust and goodwill of millions of consumers worldwide, and this happens to be the company’s biggest advantage.
Disadvantages of Skrill
The foreign currency conversion rate at Skrill is quite high although it offers a wider choice of casinos for players from different countries. The other downside is that Skrill is not available to players from some countries.
Canadian players do not have to waste any time searching for online casinos that offer Skrill as a payment option. This is because we have already identified all the top-rated Skrill online casinos in the industry. The online casinos in our list not only accept Canadian players, but also offer bonuses in Canadian dollars and customer care services that include toll-free telephonic services for Canada. Players can sign up at these online casinos in peace of mind and start wagering in Canadian Dollars.