Skrill Casino – Skrill Money Transfer for Casino Players
In most casino reviews, payment and withdrawal methods are discussed as a key feature. This is necessary because the interest of most players staking in online casinos is to make money. This element is measured both in terms of the variety of payment options and the actual money transfer providers that a casino uses.
Skrill is one of the most popular and trusted payment methods in many casinos. Casinos that accept Skrill as a payment method often get a positive rating. This article looks at the payment method in detail, seeking to answer some popular questions that gamers would like to know.
What is Skrill?
Skrill is a UK-registered online money transfer business. Because of its use of the internet as the main transaction infrastructure, it is not bound by geographical borders. It operates globally, covering around 200 countries. It is one of the most popular e-wallets in the world. The present-day Skrill was originally known as Moneybookers, established in 2001. The company rebranded to Skrill in 2011. In 2015, it was acquired by the Paysafe Group, the same company which owns Neteller, another online payment method, and introduced the prepaid card, Paysafecard.
The longevity of Skrill in the market, coupled with its dynamism to adapt to modern demands, are key indicators of its reliability. It has often been tagged as the fastest-growing firm in the UK anchored on private equity.
How it Works
To use Skrill, all you need to do is create an account. The main requirement for you to register on the platform is a valid email address. You will then be required to create a password for your account. With just that, your account is set up and nothing else is required until you start transacting.
To put your account to use, a few personal details will be necessary to set up your e-wallet. You are required to provide your date of birth, country and city of residence and your address. No financial (e.g. bank) details are required.
Once you are signed up, you can choose the currency you want to work with as your main currency. There is a choice of 40 currencies to pick from, which means that all of the world’s major currencies are accepted. You may also choose whether you want to use Skrill for personal or business transactions.
Skrill for Online Casino Gaming
To use Skrill at an online casino, you have to first pick a casino that accepts the company as a mode of payment. It is important to check whether the casino accepts Skrill for both deposits and withdrawals. Some houses accept deposits using some methods but do not support them for withdrawals. This information can be found on a casino’s ‘About Us’ page or from independent reviewers. Thankfully, most leading casinos accept Skrill transactions for both deposit and withdrawal.
Using Skrill at an online casino is initiated from the casino website rather than the wallet itself. When you click ‘deposit’ on your casino betting account, you will be prompted to pick a preferred deposit method. If you select Skrill, you will be redirected to your e-wallet, from where you enter the amount you wish to deposit. Of course, you need to deposit money in your Skrill account beforehand for the transaction to be possible. A similar process is used for withdrawal. Skrill supports the seamless transfer of money between your bank and the e-wallet so this should not be a problem.
Advantages and Drawbacks of Using Skrill
Most reviewers give Skrill a 10/10 rating for most of its features. Its ease of use, speed of transfers, and low charges are all top-notch. Overall, most reviews give the transfer model a rating of between 8.5 and 9.5 out of ten. That is an average rating out of ten, which is not bad at all. As a matter of fact, more users prefer Skrill to PayPal for both personal and business transactions.
The single most discussed drawback of Skrill is that it can be a bit taxing to get it fully operational. Sometimes it is not clear whether you need to make a deposit before you start receiving money.
Over and above the general benefits of Skrill, the model carries special benefits for online casino gamblers. These include:
- Enabling cross-border play
Some players reside in places where gambling is prohibited, hence they need to play in overseas casinos. The ability to move money with Skrill allows them to enjoy games without breaking the law or exposing their sensitive details.
- Removes restrictive charges
By allowing players to use their preferred currency, Skrill removes the restrictive charges that come with the conversion of currencies. Players can opt for the exact currency that is used by the casino they are playing at.
Skrill, with its numerous advantages, is one of the most reliable electronic money transfer options around the globe. A lot of these advantages can be enjoyed by online casino players to enhance their gaming experience. From speedy transfers to ease of use and low transaction cost, Skrill ticks all the important boxes. It is a good thing that leading casinos support it, and, as a casino enthusiast, you should definitely give Skrill a try!