Skrill, previously known as Moneybookers, is an online payment method that allows players to make payments at almost all online casinos using an account. The main advantage of Skrill is that payments are anonymous and winnings can be cashed out, after which the money can be withdrawn with a Skrill debit card.
Website: Visit Skrill Type of payment: E-wallet
Skrill is based in the UK and was founded in 2001 under the name “Moneybookers” as a Money Service Business which provides a wide range of online financial services to its clients. Payments made with Skrill can be done in many different currencies and are accepted at hundreds of thousands of online shops and other internet pay-sites.
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The service of Skrill consists of providing their clients with a personal internet bank account (e-wallet) which can be uploaded with money. Subsequently the funds on the account can be used to make payments on the internet. To use the service, one needs to open a free account using their website, with the only real requirement being that you need to have a valid e-mail address.
Once an account is opened the account needs to be uploaded with funds to be able to make payments. This can be done using a credit card, an online or conventional bank transfer, other e-wallets, or any other option that is accepted. In most cases the uploaded money will be instantly available on the Skrill account.
As soon as there are funds available, they can be used in various ways:
Although paying using the service is instant, transferring money from Skrill to your normal bank account or credit card can take up to a few days (this is subject to local circumstances).
The fees charged for using the different services also vary. For example, to send and/or receive money from other Skrill account holders has a maximum fee of €10. However, in many cases the services are free of charge. If the currency of the payment is different than the currency on your account, a foreign exchange rate will be charged.
To check the current status of your account ,including the funds that are available and which transactions have been made, your account can be accessed using the website from anywhere in the world.
Financial transactions made with Skrill are completely anonymous and use strong encryption to prevent any information from being misplaced.
It may take some effort to open a Skrill account and have it verified, but when you eventually have it done you can enjoy the many advantages. Best of all, you can make payment transactions at almost every online casino using this service.
Just like many other e-wallet payments in online casinos, payments are done very quickly. On the “Deposit” page of the online casino, opt for “E-wallets” and then choose “Skrill” (or “Moneybookers”). You’ll be asked to provide the same e-mail address with which you’ve registered an account with the service, and the amount you want to deposit. If the currency of the casino account is different than the currency of your account then you’ll need to adjust for this. Complete the payment by logging into your account and confirming.
The money will be instantly transferred to your casino account allowing you can play your favourite casino games. Normally for deposits made in an online casino, no fee whatsoever is asked.
Making withdrawals from the casino account is virtually done in the same way as depositing. Withdrawals are carried out instantly and, in most online casinos, no fees are required to process them.
Some advantages of using this payment method are the following:
Maybe the only disadvantage of using this payment method is the registration procedure which will take a few minutes of your time. You need to provide your personal data and banking details, and you also need to make sure that your Skrill account is always topped up with money so you can make your online payments.
As Skrill is one of the most commonly used online payment services it is available at many NetEnt Casinos for both deposits and withdrawals. On the side-bar of this page you can find out exactly which NetEnt Casinos do accept it.
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