Making a payment with Skrill – 4 easy steps
It’s super easy to make a payment with Skrill, which is one of the reasons it’s so popular. Here are the steps you need to follow:
- Create an account – Your first need to create a Skrill account. This is quick and easy to do; you’ll just need to provide some basic personal information, such as your name, date of birth, and email address.
- Verify your identity – For security purposes, you need to verify your Skrill account to get full access to the provider’s services. To do this, you just need to upload a picture of an identity document, proof of address, and a selfie. Simple!
- Choose a Skrill online casino – Simply check out our list of the best online casinos with Skrill to find a top gambling site.
- Deposit – Select Skrill as your chosen deposit method, enter the amount you want to deposit, and then sign in to your Skrill account to verify the payment.
Average time of Skrill for deposits and payouts
The speed of deposits and payouts is often the key consideration of online casino players when it comes to choosing a payment method. The last thing you want is to be waiting hours for your deposit to clear so you can start paying, or waiting days on end to receive your winnings.
Luckily, Skrill is one of the speediest casino payment methods out there. Deposits are typically processed instantly at all online casinos accepting Skrill. All you need to do is confirm the online casino deposit with Skrill, verify the transaction via your Skrill account and the funds will be in your casino account ready to play with.
Skrill also offers faster withdrawals than many other casino payment options, as payouts are usually instant after they’ve been cleared by the casino with Skrill. In contrast, if you withdraw via a method like bank transfer, you could be waiting several days even after the casino’s processed your withdrawal request.
Skrill verification requirements
Skrill is legally required to ask all users to verify their accounts before they can enjoy all the provider’s services. This is done mainly to help prevent financial crime, such as fraud and money laundering.
Luckily, verifying your Skrill account is super easy and can be done in less than five minutes. There are actually two ways of verifying your account.
The first way is to do it by logging into your account on the Skrill website. You need to upload a copy of an identity document, such as your passport, driver’s license or ID card, as well as a proof of address issued in the last three months. Once you’ve done this, your account should be verified within a few minutes.
The second option is to verify your account via the Skrill app. To do this, simply download the app, use it to scan your documents, and finally take a selfie through the app to complete the verification process.
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The history of Skrill – how it rose to the top
So, how did Skrill go from being a startup to one of the most popular payment methods among US online casino players?
Well, the company was initially founded all the way back in 2001 in the UK. It was initially called Moneybookers and provided a digital wallet similar to the likes of PayPal. Fast forward to 2007 and it was among the three largest e-payment providers across the whole of Europe.
The company was bought by Investcorp in March 2007 and was rebranded in September 2011 as Skrill.
Also in 2013, the company was acquired by CVC Capital Partners in a huge €600 million deal. The company changed hands again just two years later when it was acquired by Optimal Payments in 2015 for EUR1.1 billion. Optimal Payments also owns Neteller, one of Skrill’s main competitors – check out our guide of online casinos with Neteller to learn more.
Today, Skrill remains one of the world’s most popular e-payment providers. It has continued to expand its services over the last few years, launching an international money transfer service and a crypto service in 2018. The international money transfer service was expanded to US users in June 2020.
Skrill to other providers compared
So, what are the advantages of using an online casino with Skrill deposit rather than, for example, online casinos accepting VIP preferred or online casinos that accept credit card?
The main benefit of Skrill compared to more traditional payment methods like debit cards and wire transfers is the speed of its service, particularly payouts, which hit your account as soon as the casino approves it.
Skrill is very similar to Neteller, one of its main competitors. Like Skrill, Neteller is a popular payment option at US online casinos. The only real differences between these two are minor differences in fees and the VIP customer rewards.
Skrill is also often compared to PayPal, perhaps the world’s most famous e-wallet. PayPal has the upper hand in some respects, as it’s overall cheaper than Skrill. However, Skrill is more widely accepted at online casinos, meaning you have a greater choice of sites to play at.
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Most popular payment methods – it’s your choice
There are lots of popular payment methods to choose from when it comes to online casinos. From debit and credit cards to e-wallets like Skrill, Neteller and PayPal, it comes down to your personal preference. Many players consider things like fees and speed of withdrawals when choosing a payment method, but security should always be your main priority.
Luckily, all of the most popular online casino payment methods are safe and secure to use. This is because banks and e-payment providers all use state-of-the-art security tools, including data encryption and anti-fraud monitoring, to protect your funds and ensure you can transfer money safely online.
As well as choosing a secure payment method, you should also choose a secure, licensed casino. Luckily, all the Skrill online casinos we feature on this page are regulated and licensed, so you can play your favorite casino games in confidence.
If I use Skrill to deposit, do I also need to use it to withdraw?
Yes. Most online casinos require you to withdraw via the same payment method you used to deposit, whether you use Skrill or any other payment method. This is to help the casino cut costs and also to prevent financial crime like money laundering. You’ll need to withdraw an amount equal to that you deposited before you can switch to a different payment method.
Can I get a Skrill casino bonus?
Sometimes yes, but often not. As Skrill is more costly for casinos than some other payment methods, some casinos do not allow users to claim sign-up bonuses if they deposit with Skrill. This doesn’t necessarily apply to all casinos or bonuses, however. You’ll be able to find the exact details on whether or not Skrill deposits are accepted for bonuses by reading the bonus terms and conditions.
Do I need to verify my Skrill account?
Just like when playing at Cash App casinos online, If you want to enjoy the full services that Skrill provides, then you need to verify your account. It may be tempting to skip the verification process, but you’ll be missing out. Firstly, there will be strict limits on how much money you can transfer via the platform. Secondly, you won’t be able to benefit from many of the Skrill perks, such as a Skrill card or VIP rewards.
Is Skrill better than PayPal?
In some regards, PayPal has the edge over Skrill. This is mostly because it has lower fees. However, Skrill is also better than PayPal in some ways. For example, as Skrill was specifically designed for online gambling payments, there are many more online casinos using Skrill to choose from than then our PayPal casino sites.
Is Skrill free to use?
Like many other payment methods, there are some fees to consider when using Skrill to deposit and withdraw. Luckily, these fees are low. For example, the fee for funding your Skrill account is just 1% for all funding methods. There are also withdrawal fees that vary depending on your chosen withdrawal method, but we think these are justified due to the excellent service Skrill provides.
Skrill features – make the most of this payment option
Skrill isn’t just useful for sending and receiving money – it also has a range of interesting features that make it an attractive option for online casino players. Let’s take a closer look at some of those features.
Skrill account levels
Skrill offers three different account types to its users – Skriller, True Skriller, and VIP Skriller. A Skriller account is just the standard account that you get when you sign up and provides access to its basic services.
True Skriller accounts have some great benefits. These include free Skrill-to-Skrill money transfers, a free Skrill card, bonus loyalty points, and refer-a-friend bonuses. The best thing about the True Skriller account is that all these perks come completely free – all you need to do is sign up, make an eligible deposit, and verify your identity to become a True Skriller.
Finally, there’s the VIP Skriller account option. This is designed for users who transfer larger amounts of money using Skrill, and there are some fantastic perks to benefit from.
There are three tiers to the VIP program – Silver, Gold, and Diamond. To qualify for Silver, you need to transfer at least $15,000 in a quarter. For Gold it’s $45,000, and for Diamond it’s $90,000.
Once you reach a VIP tier, you can start benefiting from the various perks available. These include multi-currency accounts, priority bank uploads, dedicated 24/7 VIP care, free money transfers, larger bank withdrawals, lower currency conversion fees, and a dedicated VIP account manager!
The higher the level, the better the benefits, so the possibilities are endless with the Skrill VIP scheme. There’s even the chance to attend major sports events and festivals – something you simply don’t get with most other payment providers.
Another great benefit of using Skrill is that you can get a prepaid Skrill MasterCard through your account. You can use this much in the same way you would a regular MasterCard, except that you set limits on spending.
For example, you can use the Skrill card at any online retailer that accepts MasterCard. This means you can make payments online with your Skrill balance, even at sites that don’t accept Skrill!
On top of that, you can also use the Skrill MasterCard at millions of ATMs around the world. So, you can access your balance whenever you need to. You can get both a physical Skrill card and a virtual one that’s solely for online use
Cryptocurrencies are all the rage these days, and one of the most unique aspects of Skrill is that it actually allows you to buy and sell crypto online. So if you’re a crypto and casino enthusiast, this is the perfect payment solution.
The best thing about Skrill’s crypto service is just how easy it makes it to buy and sell crypto. You can instantly convert over 40 different currencies into crypto coins like Bitcoin, Litecoin and Ethereum, so it’s a really beginner-friendly way to get into crypto. You can even invest in crypto from around just $10! If you want to sell your crypto, you can then easily do so right on the Skrill platform.
Of course, another benefit of Skrill’s crypto service is that it means you can instantly deposit with crypto at gambling sites that offer them. While not many casinos yet accept crypto payments, there are a few out there, and that number is sure to increase in the near future.
Skrill security – your safety is a priority
Whenever it comes to sending money online, it’s important to make sure you’re using a secure and trusted payment method, and Skrill is certainly that.
Skrill ensures the safety of its clients’ funds and personal details by using industry standard protection systems. All transactions that take place through Skrill are protected by 128-bit SSL encryption, which makes it incredibly difficult for any hackers or fraudsters to compromise accounts.
The payment method also uses various tools to monitor accounts and individual payments, to help protect against fraud and money laundering. When you send money through Skrill, none of your sensitive personal details are viewable by the recipient.
Since Brexit, Skrill is also fully authorized and regulated by the Central Bank of Ireland, which ensures it aligns with the bank’s strict security requirements.
For increased security, you can activate two-factor authentication on your Skrill account. This means you’ll be asked to enter a unique code sent to your phone each time you log in, making it essentially impossible for anyone to hack into your account.
Skrill is also an extremely reputable worldwide payment method and has a ‘Great’ rating on Trustpilot, which shows users are happy with its services.
Conclusion – Skrill is fast and secure
There are certainly some great benefits to using Skrill as your online casino payment method. For starters, it’s incredibly easy to create a Skrill account, verify it and instantly deposit at online casinos.
Perhaps the biggest advantage of using online casinos Skrill is that this payment method offers much faster deposit and payout times than other options. It’s also a very safe and secure method to use, so you can rest assured that your funds are protected.
If Skrill sounds like your kind of payment method, use our list of Skrill online casinos to easily compare the top casino sites that accept it.
Online casinos that accept Skrill FAQ
Is Skrill safe?
It’s vital to ensure you’re using a safe and secure payment method when depositing at online casinos, otherwise you may not be protected. Read our online casinos that take Skrill guide to find out whether this is a safe payment method to use.
Which is better Skrill or Neteller?
There are loads of different online casino payment options to choose from, so how do you know which is best for you? If you’re stuck between Skrill and Neteller, check out our expert guide to find out which is best.
What is the best Skrill casino?
If you’re looking for a Skrill casino online, there are many sites to choose from. So, how do you know which is best for you? In our guide to casino sites with Skrill, we compare the top sites offering this payment method and reveal our number one pick.