Skrill Overview
Skrill is a popular e-wallet for gamblers around the world. It allows quick, secure, and effortless transactions to merchants, and is widely accepted by online casinos, often making it a first choice for gambling-related payments.
The service was originally launched in 2001 in the United Kingdom as Moneybookers, a payment solution specifically for gamblers. By 2007, it had become one of the top three e-payment providers in Europe.
In 2015, Skrill was acquired by Paysafe Group, a company regulated by the Central Bank of Ireland, along with former competitor Neteller.
Fun Fact
Skrill sponsored the PokerStars-owned European Poker Tour for two seasons and is heavily involved in sports, sponsoring English football’s National League, as well as AC Milan.
Skrill Features
Skrill comes with the usual perks of an electronic wallet, namely security, speed, and convenience, but here are a couple of other advantages you’ll get by registering an account:
Prepaid Mastercard
Skrill allows you to order a physical card, meaning you’ll be able to withdraw cash from local ATMs, right out of your Skrill balance.
Cryptocurrencies transactions
You can buy and sell various cryptocurrencies from your Skrill app. Although I generally advise against this for the reasons listed in The Ascent, it’s still a nice feature to have if you’re just getting into crypto.
Mobile app
The Skrill app is compatible with iOS and Android, allows biometric log-ins for enhanced security, and is a convenient way to make payments and receive funds on the go.
Loyalty program
Making transactions with Skrill earns you loyalty points, which you can redeem for various rewards, including cash.
How to Use Skrill
You can open a Skrill account for free, from any country, except those listed on Skrill’s list of non-serviced countries.
To open an account, you’ll need to register on the official Skrill website by providing the following information:
- Name, country, and state of residence.
- E-mail address and the password for your new account.
If you have any issues during this step, you might find your solution on the Getting Started page of Skrill’s Help Center.
Skrill User Levels
There are three levels to a Skrill account:
1. Skriller;
2. True Skriller;
3. VIP Skriller.
Skriller is the default user level, assigned to everyone who creates an account. This level is free, and requires no verification, but also has a few restrictions that might impact your gameplay.
To become a True Skriller, you’ll need to download the app, make a successful deposit via credit/debit card or bank account, and verify your identity by submitting some legal documents. You will, then, enjoy raised limits and lower transaction fees.
Keep in mind
You can only verify your identity via the Skrill app, or on a desktop equipped with a webcam.
You’ll need to take pictures of your government-issued ID, a selfie of you holding this ID, and proof of address, like a utility bill or bank statement.
Lastly, a VIP Skriller has access to extra Loyalty features and rewards, including a free-of-charge physical card they can use to withdraw their Skrill balance from ATMs.
For any issues related to your Skrill account, you can get in touch with customer service 24/7, via chat, e-mail, or phone. You’ll find detailed information on how to reach out on the official contact page.
As always, I recommend you (at least) scan the Terms and Conditions page before registering an account, but I am not your mom.
Deposits, Withdrawals & Fees
These transactions are completely free when using Skrill:
- Paying merchants from your Skrill balance.
- Receiving money to your Skrill account (including withdrawals from online casinos).
- Sending money to an international bank account with Skrill Money Transfer.
Other fees will depend on your country, but, luckily, Skrill has a handy tool on their website, which lets you choose your country and currency to display all applicable fees.
Both deposits and withdrawals to and from online casinos work how you’d expect with any electronic wallet. Choosing Skrill in your account’s Cashier section lets you log into your Skrill account and complete any transaction without providing your payment details.
Most online casinos accept Skrill for deposits and withdrawals, and the great news is that you generally won’t pay any fees for depositing through this e-wallet.
However, you should be aware that withdrawing money from your Skrill balance to your bank account might incur some fees (typically 7.5% of the entire amount).
How to Make Payments at Online Casinos that Accept Skrill
Using Skrill as a payment method at online casinos is a straightforward process that offers both convenience and speed. Here's a step-by-step guide to help you get started:
- Choose a Casino: Start by selecting an online casino that takes Skrill, from the list above. I recommend that you check out the real player reviews, bonuses offered, and available games to make sure it's what you want.
- Deposit Funds: Sign up/log in to your chosen online casino and head to the payments or cashier section. Select Skrill as your deposit method, enter the amount you wish to deposit, and follow the prompts to complete the transaction from your Skrill account. Deposits are usually instant, allowing you to start playing without delay.
- Withdraw Winnings: When you're ready to cash out, head back to the casino's cashier section and choose Skrill as your withdrawal method. Enter the amount you wish to withdraw and confirm the transaction.
Keep in mind
Withdrawal times at online casinos accepting Skrill can vary but are generally quick. However, remember that there are two processing times - the casino's processing time and the payment's.