What Is Skrill?

Skrill, formerly known as Moneybookers, is one of the leading international internet payment systems that issues electronic money, and is authorized under EU and UK laws. They are regulated by a United Kingdom company called the FSA or Financial Services Authority.

Skrill delivers a financial product that is very well suited for online sellers, small businesses, individuals as well as others who are unhappy with their current traditional payment systems. They are more popular than PayPal in some countries as they accept clients from all over the globe.

Canadian players, one of the biggest markets for Skrill, will no longer be able to purchase or cashout via this method as of 31 January 2014. Due to new gaming regulations in Canada, the popular payment provider had to stop servicing Canadian account holders.

Skrill topics in the forum

How does Skrill Work?

Skrill allows businesses and consumers with valid email addresses to safely and (rather) cheaply send and receive cash online. You can use Skrill to send cash from a bank account or credit/debit card, and this is securely done via email. Use Skrill to make purchases online and to collect payments via email.

Skrill has a very wide network of global international and national payment options. They have one interface for payments, marketing and banking, and they allow you to make direct payments without having to register directly.

I have been using this company for the last three months and have no complaints whatsoever. I have found their staff members to be very helpful and honest, their costs to be quite competitive, I will continue to do business and we do quite a lot of business with them.

I spoke to a Skrill consultant a couple of months ago, and she was very helpful about assisting me in choosing the right account for my country and currency. I am able to recommend Skrill but would advise you to first speak to a consultant before applying online. Some of the currency conversion procedures and fees might be more complicated than you think and you cannot really change your preferred currency once you have applied. It took a while to be able to verify my bank account but I found it more hassle-free than others that I’ve tried. When my address was verified, the transactions went smoothly.

Refer A Friend

It's as easy as 1,2,3:

  1. Tell your friend about Skrill 
  2. Your friend opens an account (they must register using your personalised invite liink)
  3. Skrill gives you 10% of their fee payment

Pros and Cons Of Using Skrill

When I think of reasons not to use Skrill, I can only think of two. Firstly, I’ve heard of one or two people who’s had a bad experience with them but they are in the minority. Secondly, keep in mind that their service might not work in your country, so check with them before you open an account.

On the plus side, you should use Skrill because it is one of the top alternative internet payment methods. They will not expose your personal credit card and banking info to others, which means that transactions are much safer. Secondly, Skrill is widely spread method that caters to many countries and various currencies. Thirdly, there are many merchants and online stores that accepts this payment method. You can visit Skrill website to read more information on the list of stores that accept them as a payment method. If you are happy to move forward and start using this method then you can open a Skrill account here.

Top Casinos Accepting Skrill-Moneybookers

Rapid Transfer by Skrill

The Skrill e-wallet service has recently released a new product in their range of offering – Rapid Transfer. This is much like Pay’N’Play by Trustly, only with the added conveniences and affirmed reliability of this payment method.

Rapid Transfer has come about as a response to consumer needs for even better online transactions. This service meets all the requirements, especially since it facilitates direct bank transfer payments without putting your banking details at the risk of exposure, secures the entire transfer and executes it in real time.

Since its initial appearance, Rapid Transfer has accumulated quite a network of users, with over 200 million user testimonials proving to its functionality. What is more, it has partnered with over 170 banking institutions in about 20 countries from all over the world. Residents of Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Hungary, Italy, Poland, the Netherlands, Portugal, Spain, Sweden, Norway and the UK are all eligible customers. To keep up with the rate of expansion, it has also adopted the top currencies used globally – SEK, NOK, EUR, GBP, DKK, HUF and PLN.

Rapid Transfer’s principle of operations makes the service as an intermediary between the customer’s online banking service and the top online casinos or other e-commerce platforms they’ve chosen. Just head to the casino’s banking page, select the payment method (should be featured as a separate option) and select your bank out of the list that will be displayed. This will redirect you to your familiar online banking platform where you will access your bank account, manage your balance, and specify the amount you’d like to deposit as casino bankroll.

All this is available at surprisingly low fees, which make this optimized and fully functional banking service all the more appealing. Security is just as paramount, as the payment processor uses highest encryption standards and protection. So, as long as you are lucky enough to qualify in terms of the country restrictions, Rapid Transfer by Skrill should prove to be your top choice for online casino banking practices.

Benefits of Signing Up to Skrill via Latest Casino Bonuses

Reputable payment processors are desirable in anyone’s affiliate network, and when they are the likes of Skrill, there isn’t a deal that isn’t worth taking. For now, the offer refers to the Skrill VIP Program – anyone deciding to make use of the opportunity will benefit from easier access to the first two ranks – Bronze and Silver. More specifically, players can reach the first tier by meeting more lenient requirements, such as a 3,000 transaction volume within 30 days instead of the usual 6,000. The Silver rank is made all the more attainable – account holders only need to transact 5,000 in 30 days to climb to this level, instead of producing 15,000 traffic for the same allotted time period.

Customer support boosts are also available for these users – easier contact and faster resolution of all issues and inquiries is just the beginning to a pleasant experience. And with the multiple online casinos and e-merchants in general where you can use Skrill to make such convenient and secure transactions, signing up right now is the best service you can do to yourself.

Related Articles:

Skrill-Moneybookers payment method fees and facts
Available accounts 1 account (1;2;3;4 different currency accounts)
Available currencies 41
One time signup bonus 15 USD Signup Bonus
Account management fees free
Account unused unused for 12 months: 1 EUR/month
Exchange fees (FX) 3.99% (3.79%; 2.89%; 2.59%; 1.99%)
p2p Money transfer
Send money p2p 1.9%, max 20 EUR (1%, max 10 EUR for bronze; 1%, max 2 EUR for above)
Receive money p2p free
Deposit fees
Bank transfer free
Instant bank transfer free
Credit card 1.90% (1.25%; free; free; free)
Withdraw fees
Bank transfer 3.95 EUR (3.95; free; free; free)
Cheque 3.50 EUR
Prepaid card at the ATM 1.75% (1.75%; free; free; free)
To merchant site free
Cashback and promotions
Promotions up to 100 EUR Bonus by becoming Skrill VIP
PrePaid card Skrill PrePaid MasterCard
Fee to order 10 EUR (free)
Costs at points of sale free
Online bank statement free
New PIN free
New prepaid card 10 EUR (free)
Cash withdrawal at ATM limits/24h 250 EUR (750;1,500; 3,000; 5,000)
Points of sale limits/24h 1,000 EUR (3,000; 3,000; 5,000; 5,000)
Delivery time 5-10 business days
Available currencies EUR, USD, GBP, PLN
Validation 3 years
Two factor authentication Skrill Two-step Authentication
Fee to order free app
Delivery time right after app installation is completed
Money-back guarantee in case of fraud for all Skrill customers using the 2-step-authentication
Link to terms & conditions https://www.skrill.com/
What Is Skrill? Skrill, formerly known as Moneybookers, is one of the leading international internet payment systems that issues electronic money, and is authorized under EU and UK laws. They are regulated by a United Kingdom company called the FSA or Financial Services Authority. Skrill delivers a financial product that is very well suited for online sellers, small businesses, individuals as well as others who are unhappy with their current traditional payment systems. They are more popular...
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FAQs

What is the Skrill Money Transfer service? Can I use it for online casino transactions?

The Skrill Money Transfer service is a unique payment processing service by the Skrill brand which enables both account holders, and those without a Skrill account, to make use of its secure payment transfer channels. More specifically, either the sender or recipient may not be Skrill customers, but Skrill Money Transfer still allows them to transact a given amount to the target bank account, or mobile e-wallet. For this purpose, the specific service uses your email (also linked to your online banking) or phone number (for the mobile wallet). That way, the money transfer doesn’t compromise your identity and private info, but still practices high-end security and encryption.

Can I claim casino bonuses and offers when using Skrill as a chosen banking method?

A minor inconvenience for Skrill online casino players is the fact that, sometimes, operators are known to offer bonuses which exclude Skrill (and Neteller) deposits from the eligible lot. Nevertheless, this has to be specified explicitly in the bonus terms and conditions, meaning you should have no problem identifying such offers and turning them down for more accessible player benefits.

What are some reliable alternatives I can use instead of Skrill for my online casino banking needs?

Since Skrill has risen to the top of the online payment processor brands, it is only understandable that their customers would settle for nothing less. If you are seeking out a suitable alternative to Skrill that would be more available, convenient, yet hold the same high level of service quality, then the likes of PayPal, Neteller and Trustly are top options.

Will I be able to access my Skrill account and perform funds transfers via my mobile phone?

Yes, Skrill is fully available on mobile devices, smartphones and tablets both. It can be accessed either by a downloaded app or directly through the instant website version. Either way you choose, you will be able to fund your account, send money online, execute purchases and payments, and withdraw funds straight to your e-wallet, or finally bank account. This is particularly convenient for mobile casino players, looking to get all the accessible convenience from a single portable device.

What cryptocurrencies will I be able to buy, sell or store using this e-wallet service?

One of Skrill’s notable features is the ability to facilitate buying and selling operations for cryptocurrencies. The e-wallet allows account holders to transact with up to 40 different fiat currencies in order to buy, sell or pay for things using Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, EOS, XLM, Litecoin, 0x and XRP.

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Latest Forum Posts

Melcb
Melcb 3 years ago
5

Deposit instantly from you bank account using Rapid transfer , a new product from Skrill and the Paysafe group. No registration is necessary at these online casinos when using Rapid Transfer....
Rapid Transfer > Instant Online Payment Method

Anchi
Anchi Serbia 5 years ago
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 Here are withdrawal methods for these casinos. However, as you may already know, the US players aren't allowed to make a withdrawal with some of them. You can make a deposit with Bitcoins but...
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lipstick
lipstick United States 8 years ago
4

Hi Gabby, This might help shed some more light for you Skrill Review . Also Skrill is not available for US players and is most likely why you are not seeing that for a deposit/withdrawal option.
Help... I don't understand Skrill

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