Skrill Online Casinos Are Among the Most Popular Ones With E-Wallet Users
Skrill began its humble beginnings in the early 2000’s, and today has become one of the most revered e-wallet service providers among online casino players everywhere. With at least two million users on record, this platform continues to grow even larger with every passing day, while offering a variety of services, the main one being a prepaid payment card service. Skrill, a part of the prestigious multinational company Paysafe Group Limited, continues to offer low-cost money transfers and payments on an international level to this day. Let us see what makes this e-wallet platform more special than the rest.
Making Your Free Account at Skrill
The registration process will take you through 4 simple steps. You will need to input standard information such as email address, password, country, birthdate, home address and of course preferred currency. Note that once you make your choice and register with it, you will not be able to change your currency afterwards. Once you have verified your email address, Skrill will be ready to use. If you would like to get your new virtual pre-paid Skrill MasterCard, you will need to additionally verify your account; which is usually done by uploading a valid personal document to the support staff.
This E-Wallet Service Provider is More Than Licensed
Skrill Ltd. is licensed and registered within England and Wales. Regulated and authorized by the United Kingdom Financial Conduct Authority, Skrill has been granted the right by the FCA to issue electronic money and payment instruments, and today it does so with the utmost professionalism. Online casino players prefer to use Skrill for that very same reason – proper licensing and registration always reaffirms the trust of the customers towards a company, and Skrill does it excellently.
How Can You Use Skrill With Your Online Casino Account – Platform Features
When you open your free account, you will be able to utilize it as a regular bank account – with the added convenience of having a full plethora of online financial tools at your disposal. Almost all online casinos these days support Skrill as a platform, which means that you can both make deposits, and request winning withdrawals. You can use your virtual or physical pre-paid card to fund your casino account, as well as access any funds you might have withdrawn from there. Here are some of the features you can benefit from.
Online casinos that accept Skrill usually prefer to work in the most popular currencies, which are €, $, and £. We were very pleased to discover that Skrill is also working with cryptocurrency – something that not all e-wallet service providers in the industry do, but that’s not all. In addition to dealing with the first and foremost crypto on the market – Bitcoin, Skrill also supports a range of other popular currencies: Etherium, Litecoin, Bitcoin Cash, and Etherium Classic. The fact that Skrill is so diverse, attracts an even wider online casino user base on a daily basis.
There are Charges You Can Expect
Every financial service provider online charges fees for some of their services. In the case with Skrill, some things are free, others are not – we have found out that in the regards of charges, has some fees and charges for their services, the same is with Skrill. For example, creating your account at Skrill is not going to cost you anything. Getting a physical and/or a virtual prepaid Skrill MasterCard also comes free of charge along with depositing money to your Skrill account via a fast bank transfer or the SWIFT global network. Purchases made at retailers that accept Skrill as a payment method, also come free of charge.
The Fees an Online Casino Player Will be Interested In
Funding your account in any other way besides using a direct bank transfer, will cost you a percentage of the deposit. Depending on the chosen method, it can cost you from 0.50% to 3% with most methods. Withdrawing money from your Skrill balance will cost you a flat rate fee of €5.50 for any Bank or SWIFT transfer, and a 7.50% should you decide to initiate withdrawal by using your VISA card.
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Withdrawing Winnings from Your Online Casino Account
Should you decide to “cash out”, you will be pleased to find out that online casinos that use Skrill, will perform a transaction instantly. Naturally, it might take up to a day or longer, depending on how much time the casino in question will process your withdrawal request; the money transfer itself happens right away. Depending on a casino’s policy, there will be minimum and maximum withdrawal limits, which on average go from €10 to €10.000.
The Prepaid Physical and Virtual Skrill Cards
Any physical and virtual cards issued by Skrill, are supported by the MasterCard money transfer network. This means that a customer of the e-wallet platform will be able to utilize the cards in any shops, vendors, ATM’s, and/or online stores that accept MasterCard. You have total control over both your virtual and physical prepaid cards, and you can deactivate them remotely if you feel that any card details might have been compromised (or you’ve lost your card). If you decide to order your physical card, it would take from 7 to 10 days for it to arrive at your location; virtual cards are issued instantly.
With the case of a physical Skrill MasterCard, you will be looking at a €10 annual upkeep fee – which is normal. You can use it to fund your online casino balance, as well as withdraw any funds from your Skrill account. MasterCard is accepted in more than two hundred countries, and it is the second largest credit/debit card brand in the world after VISA. While technically you can utilize your cards to make a deposit in an online casino, the most efficient way to do so is via the Skrill platform itself.
A Skrill Mobile Application is Available
Should you wish to make a deposit in an online casino while on the move, you can utilize the Skrill app to do that. The app allows you to perform all operations as the browser version of the platform, and it comes readily available in Google’s PlayStore (for Android) and iTunes (for iPhone). Review your balance, send or receive money with ease – if you’re not a fan of installing apps on your device, you can always access the mobile version of the website through a browser.
The Skrill mobile application receives regular updates, and with the most recent ones, cryptocurrency functions have been added as well – giving users the chance to purchase and sell all supported cryptocurrencies in 58 countries. The application itself is made to be incredibly user-friendly, and navigation through it feels native; anyone who uses it for the first time will have the sensation that they’ve mastered it already.
There Might be a Skrill Casino Bonus
While this isn’t common practice, many online casinos would give out bonuses and extras based on the type of banking methods their players use. If an online casino does offer banking method promotions, they would usually come in the form of free slots spins, lower rates and/or higher withdrawal limits. Bear in mind that while making a deposit with Skrill might be free of charge in most cases, some online casinos have their own rates when it is regarding the use of e-wallet methods; any rate reduction in such a case is definitely considered a bonus.
Skrill VIP Expands Your Abilities
Very often, online casino players that utilize Skrill as their main banking method reap a variety of VIP benefits. In order to qualify for one of the 4 different VIP tiers, a client must transact a specific amount of money for a quarterly period (of three months). To get to “Bronze”, a client must transact over €6,000; Silver – €15,000, Gold – 45,000, and Diamond €90,000. Depending on the achieved VIP status, a client can receive additional multi-currency accounts, a personal account manager, priority bank uploads, dedicated 24/7 VIP care service, favourable withdrawal fees and lower rates, and many other extras.
Benefits and Drawbacks of the Platform
Naturally, one of the good things about utilizing an e-wallet service provider is the speed at which money transactions are performed. You can act easily as your own “bank teller” and initiate deposits and withdrawals to and from a variety of sources with ease, due to the user-friendly environment of the platform. The multi-cryptocurrency factor here is definitely something rare, and it is definitely a hit with some players. While there are many other benefits, the few drawbacks are almost non-existent; perhaps, the most notable one is the amount and rate of various fees.
In Conclusion – Fair and Reliable
Skrill has incredibly risen amongst the ranks of many other e-wallet providers, as a platform ideal for any financial operations connected to the online casino industry. Deposits and withdrawals are swift and safe, and the company itself has a history of resolving any customer issues with fairness and efficiency. If you don’t have an e-wallet account and you wish to have one, Skrill is definitely a good choice.