As more mobile wallet options become available every day, it can be challenging to find which one is best suited for you.
Skrill makes the decision easy with a suite of products that help you keep your financial information secure without hindering your ability to control your money. Skrill excels in peer-to-peer payments and in managing funds for your online gaming account. You can easily create a Skrill account by using its robust mobile application.
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Skrill is likely the second most popular e-wallet on the market today. It stands behind PayPal and fights over the number two spot with former competitor Neteller. It’s owned and operated by Skrill Limited, a UK-based company that’s a subsidiary of Paysafe Group, which also owns Neteller, and the prepaid payment method Paysafecard.
The company’s focus is on providing low-cost international money transfers over the Internet, it was established under the name Moneybookers, and the service is still listed under that name at many online casinos. It’s most prominently used for online gambling, as 11.32% of its transactions are made at digital gambling platforms.
However, even though Canadians can use the service for all kinds of purposes, all their transfers have to be in USD, and they cannot use it for online gambling.
How Skrill Works
Skrill is a digital wallet that allows swift online payments anytime and anywhere. You can start using the service by providing all the necessary information when registering for your Skrill Account, once this is done you will have to also verify your identity with the service. After you complete this step you can deposit funds into your wallet that you can later send domestically or internationally directly to bank accounts or other e-wallets.
Skrill Benefits
Skrill’s main benefits lay with its ease of use. It makes payment processing simple and provides options for payments such as cash, cards, email transactions, and users can even purchase cryptocurrencies directly through its website. The company provides high-end security and every transaction goes through an anti-fraud screening. Its app can be used for free or for a very low sum for certain types of transactions. However, if a user stays active, he won’t be charged.
Using Skrill at Online Casinos
Skrill is excellent for online gambling as it provides anonymity. However, while many online casinos advertise the use of Skrill to Canadian Players, residents of Canada should know that they cannot use this e-wallet at online gambling platforms. Furthermore, this has been the case since January of 2014 and is not likely to change any time soon due to several legal obstacles. Thus, they are advised to look for other e-wallets that provide instant deposits and withdrawals.
How to Deposit Funds
Depositing funds into your casino account using this method is simple. Indeed, it’s simpler than most deposit methods as you don’t have to remember your account number. All you have to do is the following:
Open the banking/cashier tab.
Select Skrill as the deposit method, or look for it in the e-wallet section.
Enter the e-mail address associated with your Skrill account.
Enter the deposit amount.
Log into your Skrill account to confirm the transaction.
Once all this is done, the funds will immediately move to your casino account.
How to Withdraw Funds
Almost all casinos that accept deposits through Skrill also accept the method for withdrawals. In conclusion, the process from removing funds for your casino account and transferring them over to your Skrill one, couldn’t be easier, you just have to go through a few quick steps:
Open the banking/cashier tab.
Select Skrill as the withdrawal method.
Enter the deposit amount.
Confirm the transaction.
Log into your account to check if the transfer has gone through.
Skrill at online casinos
Skrill is an excellent choice for depositing and withdrawing funds from an online casino. Games such as blackjack, jackpots, roulette and baccarat are best enjoyed played with real money instead of just playing for fun so you can use your bonus but do read more about responsible gaming. For more information regarding the words and phrases used in online gambling, please have a look at our glossary for betting and online casino.
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