Skrill is a large and highly regarded online payment system originally founded in 2001. If the name doesn’t ring a bell, this is the company that was formerly known as Moneybookers. Name changes aside, Skrill continues to operate as a trusted e-wallet for customers around the world.
Today, Skrill boasts 36 million customers from 200 countries. They process payments in 40 currencies and are accepted by more than 156,000 retailers and online casino sites. An account with Skrill makes it easy to make deposits, receive withdrawals and move money around as you need.
The easiest way to explain Skrill would be to call it a personal online wallet. You sign up for an account with Skrill and can then fund your account by credit or debit card, bank transfer or dozens of other local funding options. Once you have money in your Skrill account, you can use it to make payments at retailers and complete deposits to gambling sites.
Likewise, Skrill can be used to receive payments from other users and withdrawals from casino sites. You can withdraw your gambling winnings by logging in to your casino account and choosing “Skrill” as your withdrawal method. The casino will send the money to your Skrill account, which you can then withdraw to your bank account.
Skrill comes in handy for international users thanks to its variety of funding methods, ability to convert between dozens of currencies and support of multiple languages. It is accepted by almost every international gambling site and acts as a good stopover point for your money if you like to bounce around from casino to casino.
One of the nice things about Skrill is that the company actively embraces online gaming. They often have deals in place with casino sites to give you special bonuses just for depositing with Skrill. The company knows online gaming and goes to great lengths to maintain positive relationships with the world’s largest gambling brands.
What you get with Skrill
- Secure online wallet to store funds
- Make instant payments to e-merchants and online casino sites
- Receive instant withdrawals from gambling sites
- Send money to your friends / receive money from your friends
- Prepaid MasterCard debit card linked to your Skrill balance
- Instant access to your funds via your prepaid card
- Can withdraw funds from your Skrill account to your bank account
Getting Started with Skrill
Getting started with Skrill is easy. Visit the Skrill website to sign up for a free account. After you have an account, the next step is to fund it. You can fund your account using a local bank upload, any major credit or debit card and even with funds from other e-wallets.
Next, visit any of the casinos that accept Skrill and log in to your gambling account there. Visit the cashier and choose Skrill as your deposit method. A secure page inside your casino’s cashier will have you input your Skrill password and the amount you wish to deposit. Confirm the deposit and the funds will move instantly from Skrill to your casino site.
When you’re done gambling, you can cash your winnings out back to Skrill. The funds should be credited to your Skrill account instantly. Finally, you can have Skrill send the money directly to your personal bank account to claim your winnings. If you have a Skrill MasterCard, you can also withdraw your funds via ATM as soon as they hit your Skrill account.
Is it available in the USA?
Skrill cannot be used by customers in the USA to gamble online. Americans can sign up for an account and use Skrill to make other online purchases, but they are not allowed to use it for online casino transactions.
Low fees make Skrill a very attractive option for gamblers of all bankroll levels. There are some fees for certain activities, but they are generally a lot lower than what you see with competing payment methods.
- Sign up for an account: free
- Make a deposit to a casino site: free
- Receive a withdrawal from a casino site: free
- Send money to a friend: 1.0% (capped at £6.67 / €8.92)
- Upload funds to Skrill via bank transfer: free
- Upload funds to Skrill via credit/debit card: 1.90%
- Upload funds to Skrill via Paysafecard: 4.95%
- Withdraw money from Skrill to your bank account: £3.33 / €4.45
Refer a Friend
You don’t often see refer-a-friend programs in online payment systems, so this is a major plus. If you log in to your account and go to settings, then click on “referrals” you will get a unique referral code that you can share with your friends. Any time you get someone to sign up with your code, you’ll be paid 10% of all that person’s transaction fees for the first year. Your referral fees are paid daily to your Skrill account.