Skrill is a UK-based payment processing option that was founded back in 2001. At the time, it was known as Moneybookers. This money service enterprise offers many useful financial services to customers. Since it is accepted at hundreds of thousands of e-commerce platforms, online gaming sites and retailers, it is highly regarded among users.
Skrill offers clients a personal Internet banking account. Once you upload money into this account, it can be transferred to other accounts on the Internet. It is free to open a Skrill account, with the only requirement being that you need a valid email address. Funds can be uploaded via credit card.
Once funds are available, you can easily transfer them to your online casino account, or withdraw your winnings accordingly. Be advised that withdrawals with Skrill can take several days to process, given the security requirements and verification procedures in play. Once your Skrill account has been verified, it confers many benefits to users.
All participating Skrill online casinos make it easy to add funds to your account. GamblersPick has reviewed the best Skrill online casinos, based on their customer service, quality of games, and promotional offers. Once you have transferred funds from your Skrill account to your online casino account, you can play Blackjack, Slots, Baccarat, Roulette, video poker and other games for real money.
What is Skrill?
Gambling online is a popular pastime that is enjoyed by people all over the world. The industry has quickly grown into a multi-billion dollar industry and as a result has lured even more players to try it out. The main reason online gambling is so popular is due to the fact that it offers more in every department when compared to land based casinos. Players have access to a larger variety of games, more casinos to choose from and a variety of payment methods they can use all while remaining in the comfort of their own homes.
One such payment method is Skrill and players who use it often receive bigger and better rewards from specific online casinos as well as from the payment method itself.
Whoa… What is this Skrill you are talking about?
Skrill is a UK-based payment processing option that allows you to deposit and withdraw funds in your online casino account quicker than traditional payment methods. Skrill is accepted mostly worldwide and can be used on thousands of e-commerce platforms which means you have the ability to use your Skrill account for retail shopping as well as funding your online gambling experience.
Basically Skrill offers you a personal internet banking account in which you can upload money that you can transfer to your gambling account or any other account. Getting a Skrill account is free and easy but we’ll go more into detail about this later on in the review.
History 101 for Skrill is now in session
Skrill, formerly known as Moneybookers Limited, was incorporated in the United Kingdom on 27 July 2001. In 2002 they launched moneybookers.com which was the first step for the company in helping consumers send money online by using just an email address and a password. It was in this year that they also became Europe’s first FCA regulated e-money user.
In 2007, Investcorp Technology Partners completed the buyout of Moneybookers and in 2009 the company started linking up with eBay. It was only in 2010 that the rebrand started and Moneybookers became known as Skrill. With the rebranding the company also evolved to further extend and improve their global payment network. In the same year Skrill was ranked as the UK’s fastest- growing private-equity-backed company in the Sunday Times Deloitte League Buyout Track 100 table. From there on forward Skrill managed to further improve their brand by adding more product range with the addition of Payolution to the Skrill Group. IN 2012 they created Skrill 1-tap and in 2013 they acquired Paysafecard. In fact, Skrill became the only e-wallet service that was approved as a source of transactions for online gambling in New Jersey in 2014.
Today, Skrill is one of the top trusted payment solutions used by millions across the globe. The quick and secure payment method is used in nearly 200 countries and in over 40 different currencies.
The light and darker side of Skrill Online Casinos
It is quite clear that Skrill is a growing and constantly improving payment method that holds many benefits for users. And while this is great for everyday use you might find yourself wondering what the benefits are of Skrill online casinos.
Let’s take a look at all the pros and cons connected to using Skrill Online Casinos.
6 Reasons to play Skrill Online Casinos
1. Privacy matters
The first thing you need to consider is the privacy you’re entitled to. One of the biggest concerns most players have is whether or not their data is made available or vulnerable to harmful third parties. When using Skrill to make transactions online your personal data is never revealed to the online casino. Once you’ve created your Skrill account you will only ever need to insert your username and password. Information such as your name and your email address is never provided to the online casinos.
2. Instant access
One of the most frustrating things about traditional payment methods is that you are required to wait a certain period of time before your deposit is credited into your casino account. When making use of Skrill you will always have instant access to your deposits which lead to less time wasted on waiting and more time spent on playing.
3. More variety
Due to Skrill being an accepted payment method in most online casinos the choices are endless and you can take your pick from the best casinos or even create accounts in a few of them. There are less restrictions and more to choose from.
4. Extra bonuses
One of the most delicious extras of using Skrill as your preferred payment method is that all Skrill users are entitled to a Skrill casino bonus from certain online casinos. Thus, not only will you receive your glorious welcome package from the casino but you’ll get treated to a little extra to prolong your gameplay.
Pssst… Take a look at the top online casinos on our GamblersPick Select Casino page. These casinos have all been vetted and reviewed. The ones with the GamblersPick Select Badge next to them have proven to be the most secure while offering the biggest game variety, largest bonuses and an overall good time.
5. Did someone say security?
Most licensed and regulated online casinos have their own security systems and processes in place but there’s always a possibility of something going south. When making use of Skrill as your payment method you are adding an additional layer of security to keep your data safe. All information sent to online casinos when using Skrill is encrypted. It’s also beneficial that Skrill is regulated by the FCA who ensures all security standards are met at all times.
6. No more black marks!
Another added benefit of using Skrill to fund your online casino expedition is knowing that your casino transactions won’t be revealed on your bank statements. For many players this is a big issue especially if they want to take out a mortgage or loan or have to go through any other credit check process. Seeing casino transactions on your account could lead to black marks and make things a little difficult. Using Skrill helps you prevent any such issues in the future while still enabling you to enjoy playing your favourite games online.
3 Reasons you might be hesitant to play Skrill Online Casinos
So there are heaps of reasons for using Skrill but there has to be some cons and there are. Luckily the pros outweigh the cons but the latter is definitely something you should keep in mind.
1. Added fees
One of the downsides of many e-wallets is that there are some fees attached to it. When using Skrill you might have to pay a small fee for debits however they are much lower than the fees attached to traditional payment methods or other e-wallet options. The fees are a small price to pay considering the extra safety measures added when using this payment method.
2. No dispute system in place
A con for using Skrill is that there is no dispute system in place which can be rather problematic in some cases.
3. Restricted Access
As with any other e-wallet the major downside is that it is only supported in certain regions. Skrill can be used in various countries but is restricted in: Afghanistan, Angola, Barbados, Benin, Burkina Faso, Comoros, Crimea, Cuba, Djibouti, Eritrea, Faroe Islands, French Polynesia, Gambia, Greenland, Grenada, and Guadeloupe, Guyana, Iran, Iraq, Kyrgyzstan, Libya, Liechtenstein, Macao, Martinique, Mongolia, Myanmar, Namibia, New Caledonia, Niger, Nigeria, North Korea, North Sudan, Palau, Reunion, Somalia, Suriname, South Sudan, Syria, Tajikistan, Togo, Trinidad and Tobago as well as Turkmenistan.
Luckily, there are heaps of alternative payment methods for players that don’t have access to Skrill including:
- Bank Transfer
How it works
Using Skrill as your payment method is relatively easy. The first thing you need to do is to create your free Skrill account, where you will have to take a few minutes to fill in your personal information. Once your account is created it is time to create an online casino account at one of the top Skrill online casinos.
Pssst… Don’t forget to look for the Skrill online casinos with our GamblersPick Select Badge next to them. These are the top rated casinos that have proven to provide the most beneficial gameplay for anyone who sings up.
Depositing with Skrill
Once you’ve chosen your online casino you can start by making a deposit. Just make sure you’ve already taken the time to credit your Skrill account before trying to make a deposit. Head over to the cashier of your online casino, select deposit and choose Skrill as your preferred payment method. You will then be taken to the Skrill payment page where you have to insert your account details. After you’ve done this you will be asked to insert the amount you wish to deposit and click submit. Once you’ve done this you will be required to login to your casino account once more where you will see the amount added to your casino account instantly.
Winnings and Withdrawals galore
So you’ve been playing for a while and in this time Lady Luck has helped you cash in on a few decent wins. You’re itching to cash out some of the wins but you’re not entirely sure how to do so via Skrill.
Withdrawing via Skrill is just as easy as making a deposit, you simply have to head over to the cashier and request for a withdrawal. Don’t forget to select Skrill as you’re preferred withdrawal method. You’ll be asked to fill in your Skrill details as well as the amount you wish to withdraw. Once you’ve completed the withdrawal process the amount should be visible in your Skrill account within minutes.
Warning… Some online casinos tend to take longer when processing withdrawals. While Skrill withdrawals are generally instant some casinos can take a little longer processing the payment which could lead to you waiting a few hours or even a day.
A for Customer Support
If you ever have any questions, queries or issues regarding your Skrill account you will be happy to know that there is a team of dedicated support agents waiting to assist at any time of day or night. There is help available on the website providing information relating to most frequently asked questions or problems. If this isn’t sufficient you can always phone their toll-free helplines. There is an international phone line but for US, Russia, France, Poland, Italy, Germany, Spain and the UK there is personal phone lines.
Non-stop rewards right here!
One of the main reasons many online casino players prefer Skrill online casinos is because of all the extra perks and rewards. Not only do some online casinos offer additional bonuses and rewards for Skrill users but the payment method itself provides its own set of benefits. Skrill has a superb VIP system which has been put in place to rewards big spenders quarterly. As your VIP level increases you will be benefiting from extra special promotions, lower fees, added security and VIP support around the clock.
Have something to add? Join the GamblersPick Community for free and share your tips, tricks and experiences with fellow players and newcomers. At GamblersPick your voice matters and your opinion deserves to be heard. You might even be able to help a few newcomers get their Skrill online casino experience off to a great start.
Using Skrill in Online Casinos
Skrill stands out from other e-wallets and payment processing options in that it is easy to use, secure and reliable. You can easily make international money transfers using a prepaid MasterCard, or simply by using your online Skrill account. Once you have registered at a Skrill online casino, you can transfer money into your account and start playing real money games right off the bat.
None of your personal financial information will be sent to the online casino in question – you’re simply transferring funds from one account to another. The entire transaction from beginning to end is handled by Skrill. This payment processing option is fully regulated by the FSA of the UK. It is also VeriSign secure for added peace of mind.