Skrill is unquestionably one of the most popular payment methods that you can use to complete financial transactions online today. Available in over 120 countries, Skrill requires you to merely enter an e-mail address to complete a transaction, saving you the trouble of entering lengthy bank account and card details. Skrill has over 40 million registered users, and its twenty years of existence has become one of the go-to options for players depositing at online casinos.
Over 290 globally popular online casinos accept Skrill as a payment method, while countless other less-popular domains are also signed up to the payment provider’s platform. Skrill casinos will often carry three different ways for you to top-up your balance. You will have the e-wallet itself, but also its Rapid Transfer service and Skrill 1-Tap, a mobile app version aimed at streamlining simple mobile-friendly payments. Read More
Skrill members can also claim a MasterCard tied to their account, which can be used to deposit funds at online casinos which do not traditionally accept Skrill, namely via a typical debit card deposit method. Only a handful of countries do not accept Skrill. These mainly include Asian, Middle East, and a few African countries, such as Japan, Iran, Iraq, Cuba, and Afghanistan.
Skrill processes payments as an e-wallet, and its global popularity is boosted by the fact that it accepts over forty different currencies. While Skrill does not enable you to deposit with Bitcoins, it does have a built-in exchange (inside your account) where you can buy and sell cryptocurrencies such as Bitcoin.
About Skrill
Skrill made its debut in 2001. Created by Daniel Klein and Benjamin Kullmann, it was one of the first e-wallet payment services to go live after PayPal. Known back then as Moneybookers, platforms such as Skype, Facebook and eBay helped Skrill establish a foothold in the industry. It has become synonymous with being one of the leading forms of payment at online gambling portals in later years.
This payment provider has changed hands a few times over its life. In 2007, it was snapped up by Investcorp Technology Partners, and then in 2015, the Paysafe Group acquired it for €1.2 billion. In 2017, it was sold on to private equity investors. While its owners may have changed, the Paysafe Group still oversees the running of Skrill in 2021.
When it first debuted, Skrill was in a race against time to become the leading (and first) e-wallet. While PayPal defeated it, Skrill would go on to gain a new rivalry with Neteller in a battle to be the dominant payment provider at online casinos – a market that PayPal showed little interest in until recently.
Today, as national licensing authorities clamp down on payment providers at casinos, Skrill does not quite have the global market reach that it once did. However, for many millions of players worldwide, it is still one of the most convenient, simplest payment options at most online casinos.
Depositing at a Skrill Casino
One of the primary reasons why Skrill has been such a runaway success story at online casinos is its simplicity. While there are fees attached to having a Skrill account, none are applied on casino transactions. This, coupled with the immediate transaction times, make Skrill an attractive proposition for any online casino player residing in a country where Skrill is legal, and there are many.
Skrill is an open and flexible payment method for casino players to use. The minimum deposit limit is usually relatively low, ranging from €10 up to €20, depending on the casino you choose to join. Ceiling caps range from a few thousand Euros up to €10,000. Again, these limits are flexible and vary from casino to online casino. Any deposits you do make via Skrill at casinos will typically take a matter of seconds to arrive. Moreover, there should be no fees involved for topping up your Skrill account.
Skrill can also process transactions via Rapid Transfer and the Skrill Prepaid MasterCard if you have signed up for the latter. These operate as bank transfers and card deposit options, respectively. Fees and transaction times will vary for these, but since you are not using your Skrill account itself to process those payments, they are a story for another day.
Instead, let us look at how you go about getting started with Skrill and how you can deposit into your new online casino account using the account at your e-wallet.
- Sign Up for a Skrill E-Wallet. Before you can use Skrill, you will need to open an e-wallet account with them. Head to their website, and you can do this in seconds. Opening a Skrill wallet is free. You will need to link your Skrill account to a bank card. After doing so, you can upload funds to your Skrill account from your bank or card. A typical 1% fee is applied when you upload to your Skrill wallet using bank transfers, Paysafecard, Rapid Transfer, Trustly, AMEX, VISA, MasterCard, JCB or Diners Club. The transaction can be immediate or take a few hours, depending on the upload method you use.
- Choose a Skrill Casino. Having loaded your e-wallet, it is time to pick an online casino. We have got plenty of top casinos that we recommend. Each of these accepts Skrill, are licensed, certified, and regulated, and represent some of the best Skrill casinos in the business. We would certainly recommend that you start there.
- Deposit Money via Skrill. You can now head to your online casino account, sign-in, and visit the banking page. There you should be able to select Skrill as your deposit method. Enter the e-mail addresses associated with your e-wallet account and the amount you want to deposit.
- Complete the Payment. After doing all the above, you will be redirected to a second screen. Here you can sign-in to your Skrill account to confirm the transaction. Assuming you have enough on your e-wallet account’s balance to cover the transfer, the deposit should land immediately in your account and be free of charge.
Withdrawing at a Skrill Casino
Skrill is not just a popular online casino payment method for deposits; it is also one of the top withdrawal providers. Why? Skrill withdrawals are amongst some of the speediest at any online casino. If you want to get hold of your winnings near-enough immediately, this payment provider makes for the smart choice.
Withdrawing your winnings via this e-wallet will normally require you to have deposited with Skrill in the first place. There should be no fees attached to any Skrill cashouts you make, and any casino which charges a fee for this service should not be trusted.
That said, you may still be charged a fee for moving the money from your Skrill account to your bank. Withdrawals with this payment method will typically have limits ranging from €10/€20 up to €10,000. As with the funding option, these limits are flexible and can vary from online casino to casino.
The amount of time it takes to get hold of your winnings will vary. Skrill can process your withdrawals in a matter of minutes. Any lengthy delays are down to the online casino in question, not the payment provider. Assuming all the withdrawal requirements have been cleared, it is customary to see transaction times of a few hours up to 1-2 days with Skrill at online casinos.
To help you better understand this process, allow us to walk you through it below:
- Complete Any Withdrawal Requirements. Before any withdrawal is possible, you will need to have cleared any outstanding terms. This means that wagering requirements attached to any bonuses you may have claimed must be met. Moreover, you must also ensure that your withdrawal falls within your daily, weekly, or monthly limits (if there are any).
- Visit the Cashier. If you are good to go, head over to your online casino site’s cashier page. There, you can select Skrill as your method and enter your e-mail address and the amount you wish to withdraw. Again, you can confirm this before the transaction begins.
- Complete the KYC Process. If you have not already done this, it is essential that you do so. All reputable casinos want to protect against money laundering, identity fraud and underage gambling. The online casino’s support team will require you to submit identity verification documents to clear the KYC (Know Your Customer) process. Only once this is done will your withdrawal be processed. It only needs to be done once – the first time you withdraw – but failing to do so will see your cashout delayed.
- Patiently Wait. Cashout times at Skrill casinos will vary from online casino to casino. In most cases, we are talking a few hours, but it is not uncommon to wait 24-48 hours. After this time, your winnings will appear in your Skrill e-wallet.
- Move Your Winnings On. Some players will want to keep their winnings in their e-wallet. Others might fancy moving them on to their bank. If you want to do the latter, you should be prepared to pay a transaction fee. Withdrawing funds from your e-wallet to your bank will cost you. Making Neteller or VISA withdrawals will see you charged 3.49% and 7.50% of the total fee, respectively. Bank transfers and other global payment method withdrawal from your e-wallet will cost a fixed rate of €5.50.
The Pros and Cons of Using Skrill As a Payment Method
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Commonly found at most major casinos
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More secure than card/bank transfers
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Widespread availability in most countries
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Skrill offers a prepaid MasterCard
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Complete bank transfers using Rapid Transfer
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No fees for depositing/withdrawing at casinos
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Instant deposit times at online casinos
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Withdrawal times range from 1-48 hours
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Fees for e-wallet withdrawals are costly
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Not commonly available in UK casinos
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Some bonuses exclude Skrill deposits
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No live chat support at Skrill
Skrill Casino Games
Given that most top online casinos accept Skrill, you should not really have any difficulty playing all sorts of online casino games with it. There are even perks to depositing with this payment provider. As Skrill often allows you to upload far smaller sums than typical credit and bank card options, it is the perfect payment provider for players who want to wager with low stakes on slots.
It is not all about slots at Skrill casinos, though. You can also regularly expect to play any of the following games at these casinos:
- Slots. Most major providers appear at Skrill casinos, including Microgaming, NetEnt, Pragmatic Play and Yggdrasil Gaming. Expect to see top jackpot slots, video slots, classic slots, 3D slots, pub fruities and more.
- Table games. Whether you want to play low-stakes baccarat, video poker, blackjack, and roulette, or upload vast sums to play high-roller table poker games, Skrill should suffice whatever the weather.
- Live Dealer Games. Live dealer games are commonly found at these online casinos, too. Expect top titles from Evolution Gaming, Ezugi and others, with games including live baccarat, blackjack, craps, game shows, money wheel, roulette, and table poker.
Skrill Casino Bonuses
Top online casinos consistently offer promotions and bonuses to their players. In most cases, these will be welcome packages and match bonuses. However, it is worth pointing out that some casinos may have their own payment method bonuses, and some Skrill deposits will not qualify for bonuses.
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Preferred Payment Method Bonuses: A handful of online casinos will give you an extra slice on top of a customary top-up bonus when you use one of their preferred payment methods. If a casino’s preferred payment method is Skrill, this bonus is worth looking at.
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Skrill-Excluded Bonuses: Some online casinos no longer offer bonuses and promotions when you deposit with Skrill (or Neteller). They are trying to crack down on e-wallet deposits. Because of this, it is always worth checking the terms and conditions of any casino bonus you might consider claiming. If you cannot claim an offer when depositing with this method, it should clearly say so.
While checking out the terms and conditions to ensure that any top-ups you make with this e-wallet are eligible for a bonus, it is worth looking at a few of the other rules. These may include minimum deposit limits, maximum cashout caps, maximum win caps, limits on maximum stakes with bonus funds, and of course, the dreaded wagering requirements. Only claim bonuses that offer fair to moderate interpretations of these conditions.
FAQ
Skrill is one of the most straightforward and easy-to-use payment methods around. Even so, it is natural to have a few questions. If this is where you find yourself, our handy FAQs might help answer a couple of your queries.
I need help regarding my Skrill account. What should I do?
Skrill does offer customer support to its users. However, perhaps frustratingly, there is no live chat service available. There is an e-ticketing service, but the speediest way to obtain assistance to dial one of their call-centres. These are often based abroad, so you are likely to be charged for the service.
How can I be sure that Skrill casinos are safe and reliable?
Whether an online casino is safe and secure is not down to Skrill or any other payment provider. Instead, security is an issue for the operator. If an operator holds a recognised gambling license, is regulated, certified and audited, it is safe. This is the case for most Skrill casinos on the net.
Can I use Skrill on my mobile?
Yes. Skrill has a 1-Tap app for mobile users. This allows you to fund (and withdraw) at the touch of a button. Set the app up with your e-wallet login details, and you can use it to process transactions even quicker than normal.
What options do I have if Skrill is not offered?
Skrill is one of many e-wallets that you can use online. If this option is not available at an online casino you want to join, there may be others that are. EcoPayz, PayPal and Neteller all work similarly. Fees, limits, and transaction times may vary between them, but they are strikingly similar. We would recommend any of those, really.
What is the minimum I can deposit with Skrill?
Officially, the e-wallet says €1 is the lowest amount you can deposit into your account. However, online casinos will likely raise that €10 or €20.
Are there any fees charged?
There should be no fees for funding (or withdrawing) at online casinos using this provider. However, there will be fees involved when you upload to your wallet or withdraw to your bank. These are detailed above.
When depositing with Skrill, do I have to withdraw via Skrill, too?
Most online casinos require their members to use the same payment option for both top-ups and withdrawals whenever possible. Again, this is a choice made by the online casino, not the e-wallet. While there may be exceptions, if you deposit with Skrill, you will typically need to withdraw via this option, too.