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Skrill LogoSkrill, previously known as Moneybookers, is an internationally recognized eWallet for making all digital payments easy and safe. Founded in 2001, the company has been at the helm of innovation, making all digital transactions safe, secure and fast. Whether you are sending money to family and friends, buying goods from the internet, paying for services online, or depositing funds on a new online casino, Skrill is there for you. Once you have a Skrill account, you will no longer have to carry your funds with you whenever you are going or constantly type them in.

As already mentioned, Skrill was launched in 2001 as Moneybookers in the UK. It started as a small company until in 2002 when moneybookers.com was launched to help consumers send money online using an email address and password. It was also the same year that the company was regulated by the British Financial Conduct Authority – FCA, making it become the first eWallet company to meet the standards of the FCA. However, the large milestones came when Investcorp Technology Partners bought Moneybookers in 2007 and in 2009 when the company partnered with eBay. These two milestones opened up the company to the world and enabled Skrill to offer its services throughout Europe, Asia and Australia in different currencies supported in the mentioned continents.

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Main Markets and Currencies Supported

Mobile Transfer Via SkrillToday, Skrill offers its services to more than 100 countries, with European countries topping the list, and in multiple currencies including the Great British Pound, the Australian Dollar, the New Zealand Dollar, the Canadian Dollar, the US Dollar, the Japanese Yen, the Swiss Franc and the Euro. There are other currencies available but the ones mentioned are referred to as “the majors”.

Area of Use

Skrill has different features that make it suitable for people in different countries to use it. For instance, having partnered with eBay in 2009, it enabled people using eBay to make payments seamlessly. In fact, Skrill is considered to be the main competitor to PayPal (part of eBay), another eWallet solution used to make payments and deposits online. Other areas of use for Skrill include sending money to friends and family members in different parts of the world. Skrill is also a popular method for making deposits and withdraws at many online casinos.

How it Works

Create Account At SkrillWe have to clarify that Skirl is an Ewallet an not a bank, which means you will have to transfer money in to your Skrill account before you can use it. There are only a few ways to do that, by any credit/debit card, by a bank transfer or by another Ewallet company like Neteller. But lets take it from the beginning, first of all you have to got to the official webpage of Skrill and register, it will only take a few minutes. After that you will have to confirm your account through your email account and you are done. Almost done, you have to first verify your credit/debit card or bank account by clicking on the “Add Credit or Debit Card”/ “Add Bank Account” buttons, which are located under the Cards and bank Accounts section.

Once your card or bank account has been verified, you can add money into your account. Under “My Account” section you click on the “Upload” button to choose from three payments methods – Neteller, Credit/Debit card or Manual Bank Transfer. Depending on your preferred method, you’ll be required to select the currency and enter the amount you wish to transfer to complete the process of depositing. Now you are ready to make deposits and withdraws to more or less all new online casinos.

 How to Pay or Make a Deposit to an Online Casino

Payments At SkrillMaking a payment is similar to sending money, just click on the “Send Money” button, enter the recipients email address and then click on review to send and complete the transaction. However, should you wish to make a deposit into your online casino account, you’ll have to take a different approach as follows. You have first to log into your casino account and click on the deposit button. Then under the payment method, click on Skrill and enter your Skrill email address. Also, enter the amount you wish to deposit and a bonus code, if you have one, and then click on deposit. That will redirect you to your Skrill account, just enter your password to complete the transaction.

How to Make a Withdraw from an Online Casino

Withdraw At SkrillDepending on your region of residence, you can withdraw from your Skrill account through bank transfer and debit or credit card. To withdraw, click on the “My Account” button located at the top right corner of the screen. Under that, click on the “Withdraw” button and choose from the mobile wallet, bank transfer or Visa Card option. Enter the amount you wish to withdraw and click on the continue button to complete the first step of the transaction.

Since Skrill is committed to ensuring that it offers highly secure services to its players, you will be asked to provide your date of birth information in the second and last step before you can withdraw your funds. Take note the DOB information should correspond to the information you offered when opening your Skrill account!

Fees and Charges at Skrill Casinos

If you use the money at your Skrill wallet to make a deposit at any Skrill casino is free, but some of them may charge you a small fee and in some cases you will not be eligible to the deposit bonuses if you transfer your money with Skrill. The same goes for withdrawing money from your online casino account to your Skrill account, in general it is free of charge but some of them may add a small fee.

All the above said, is for transferring money between your Skrill account and your online casino account. It is important also to know the costs for uploading and withdrawing  funds to and from your Skrill account. The cost for uploading money varies for each method, Paysafe Card 7%, Neteller 3%, American Express 2,5%, Visa/MasterCard/JCB/Diners Club 1,9%,  Sofort 1,5%, Rapid 0,5% and it is free for Bank Transfer or Maestro Debit Card.  For withdrawals made through the Skrill Card, usually ATM withdrawals and payments, the company charges 1.75% of the total cost. All bank withdrawals to your primary bank account will cost you £4.76, regardless of the amount. All debit or credit card withdrawals cost £3.42.  Sending money to an email address or another Skrill wallet costs 1.9% of the amount sent, with the charge capped at £17.32.

Thumbs upAdvantages:
– A convenient way to make small deposits at casinos.
– Reward program with discounts at different retailers.
– Skrill Dedit Card is available.

 

Thumbs downDisadvantages:
– Some new casinos may charge fees on deposits and withdraws.
– Only a few ways to load your Skrill ewallet with money, some of them charging  a fee.
– You may not get the any deposit bonuses at some casinos when using Skrill.
– Compared to its main competitor, PayPal, Skrill doesn’t offer services to many countries

Short Facts about Skrill

Company Name:Skrill LimitedEstablished:June 2001
Company Name UK:Skrill LimitedEstablished UK:June 2001
Slogan:-Address:25 Canada Square, London, UK
E-mail:help@skrill.comPhone Number:+44 203 308 2519
Website:www.skrill.comCompany Number:4260907
Supervised by:British Financial Conduct Authority – FCASecurity:Email and Password
Transaction Time:Instant for deposits, 2-3 days for bankCurrencies:20
Min Transaction:10 GBPMax Transaction:No Limit
Deposit Fee:NoneWithdrawal Fee:Varies with withdrawal option