Basic information about Skrill casinos
Can you imagine online shopping without credit cards? Or e-commerce without PayPal? In the same way, we cannot imagine online casinos without Skrill. One of the most trusted e-wallets in the world has made its way to practically all online casinos and claimed the No. 1 spot as the best deposit method for players. Online gambling represents the biggest funnel for Skrill, together with finance and video gaming.
In recent years, the number of Skrill casinos has surpassed Neteller. Although both are a part of the Paysafe Group, competition is fierce between them. The payment provider is available in over 140 countries and accepts over 40 different currencies.
Since Skrill is present on such a high number of online casinos, it also makes it harder to players and bookies to choose where they would like to play.
The story behind Skrill and how it took over the industry
In 2001, Daniel Klein and Benjamin Kullmann founded the company under its original name Moneybookers. Almost instantly it fought for the top position in the online payment niche.
At the time, PayPal took the lead with an impressive, close to 60%, market share in e-commerce. Skrill on the other hand shifted its focus to gambling, cryptocurrency and stock image sites.
It was in 2007 that the brand as a whole was sold to Investcorp Technology Partners, which saw rapid growth and expansion. Soon reaching over 25.000.000 customers and over 150.000 businesses by 2011. It was soon after that it was named the fastest growing company in the UK and rebranded itself as Skrill.
The expansion continued in 2013, when Skrill purchased PaysafeCard, moving its operations into the prepaid vouchers market. Moving forward, the company saw two more equisitions, namely of its competitor Neteller and Ukash.
With the rise of cryptocurrencies, Skrill introduced a crypto exchange option, a gateway support for Bitcoin, Ethereum, Litecoin and many other tokens. Today, this allows you a seameless deposit journey on online crypto casinos as well.
The pros of Skrill
Skrill has a number of pros which clearly illustrate that it is indeed, the number one player in the market.
- Wide acceptance – Today, Skrill is available in over 140 countries and accepts mor than 40 different currencies.
- Competitive deposit fees – Compared to Neteller, it has a lower fee rate and makes it »cheaper« to use than its sister brand.
- Multi-layered security – With an e-wallet, your bank details remain private when depositing at an online casino. Skrill enhances security by encrypting transactions with SSL technology and requiring only your wallet number to process payments.
- Fast deposits and withdrawals – This applies to both internal transactions and transfers to and from Skrill online casinos. Unlike credit cards, which can take several days to process withdrawals, Skrill ensures your funds reach your account within 24 hours.
The cons of Skrill
- Not as widely accepted as credit/debit cards – While Visa and Mastercard remain the most commonly used payment methods at online casinos, Skrill is still gaining traction. Most reputable sites support it, but there’s a slight chance that a casino you come across may not.
- High withdrawal fees for credit/debit cards – Withdrawing funds from Skrill to a credit card can cost up to 7.5% in many countries, making it an expensive option. However, this doesn’t apply to Skrill casino deposits and withdrawals, which are typically free.
Skrill vs Neteller
Since both payment providers are owned by Paysafe Group, the pros and cons are quite similar. However, there are a few distinctions between the two.
|
| Skrill | Neteller |
| No. Of currencies | >40 | >28 |
| Countries supported | >130 | >100 |
| Free desposit option | Depends of country | Local bank deposit |
| Paid deposit option | Depends of country | >40 |
| Withdrawal options | Depends of country | 9 |
As mentioned, both Neteller and Skrill are digital wallets owned by the Paysafe Group, sharing the same commitment to security and user protection. They also offer prepaid debit cards and user-friendly mobile apps for added convenience.
In summary, both are excellent choices for online gambling, providing fast and secure transactions without extra fees for casino deposits. Skrill supports a broader range of countries and currencies, while Neteller offers more deposit options. Ultimately, the best choice depends on your specific needs.
How to use Skrill in an online casino
Skrill is as easy to use as any other e-wallet. To make a deposit at an online casino using Skrill, follow these simple steps:
- Sign up for Skrill – Enter your email, personal details, country, and preferred currency.
- Verify your account – Check your inbox for a verification email and follow the link to confirm your Skrill account.
- Fund your Skrill wallet – Add a deposit method to load money into your Skrill account.
- Choose a Skrill-friendly casino – Register at an online casino that accepts Skrill and select it as your deposit method.
- Make a deposit – Enter the amount you want to deposit and confirm the transaction.
- Claim potential bonuses – Some casinos offer exclusive bonuses for Skrill deposits, so take advantage of any available promotions.
The withdrawal process is just as simple. Navigate to the casino’s withdrawal page, select Skrill as your preferred method, and request your payout.
FAQ: Skrill Casinos – Everything You Need to Know
1. What Is Skrill and Why Is It Popular in Online Casinos?
Skrill is a widely used e-wallet service that allows players to deposit and withdraw funds securely at online casinos. Established in 2001 as Moneybookers, Skrill quickly became a go-to payment solution for gambling, cryptocurrency, and e-commerce transactions. Today, it operates in over 140 countries and supports 40+ currencies, making it one of the most accessible digital wallets for casino players.
2. What Are the Pros and Cons of Using Skrill in Online Casinos?
Pros of Using Skrill for Online Gambling
Wide acceptance – Supported by thousands of online casinos worldwide.
Low deposit fees – More affordable than many competitors, including Neteller.
Fast withdrawals – Unlike credit cards, which can take several days, Skrill withdrawals are typically completed within 24 hours.
No extra fees on casino deposits – Most casinos do not charge extra fees for Skrill transactions.
Cons of Using Skrill in Online Casinos
Not as widely accepted as credit/debit cards – While many casinos support Skrill, Visa and Mastercard remain the most widely used options.
High withdrawal fees to credit cards – If withdrawing from Skrill to a credit/debit card, expect a fee of up to 7.5%, depending on the country.
3. How to Deposit and Withdraw with Skrill at Online Casinos?
Step-by-Step Guide to Depositing with Skrill:
Create a Skrill account – Sign up by entering your email, personal details, and preferred currency.
Verify your Skrill account – Click on the verification link sent to your email.
Add funds – Deposit money into your Skrill account using a bank transfer, credit card, or cryptocurrency.
Choose a Skrill casino – Register at a reputable casino that accepts Skrill.
Make a deposit – Select Skrill as your payment method, enter the amount, and confirm.
Claim bonuses – Some casinos offer exclusive Skrill deposit bonuses, so check for promotions.
How to Withdraw with Skrill:
Navigate to the withdrawal page of your casino account.
Choose Skrill as your withdrawal method.
Enter the amount you want to cash out and confirm.
Funds will appear in your Skrill wallet within 24 hours in most cases.
Final Tip: Skrill withdrawals are often faster and cheaper than bank transfers, making it a great option for players looking for quick access to their winnings.
