Skrill Banking

Out of all payment methods made within the iGaming industry, Skrill has been one of the dominating forces for years. It was established in 2001 and till late 2009 was called Moneybookers.

It’s an e-wallet or digital wallet that’s part of the Paysafe Group plc. The group also owns several other leading payment solutions, including its “rival” NETeller and Paysafe Card, which is a widely used pre-paid card that has over half a million sales outlets worldwide. That said, see the full Skrill review below to see why it’s been so popular among players across industries like betting, trading, shopping and gaming. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.


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Skrill

How It Works?

One of Skrill’s biggest selling propositions is the ease of use. You can open an account and pay for your goods in a matter of moments. First you have to create an account and choose from around 40 available currencies. Unless you verify it, you can only make and receive payments up to a certain limit. If you decide to verify your account then please allow up to several days for them to process your request and look through the documents that you have to send to begin with.

Having set up your account, you then have to top it up by either linking it with a bank account or a credit/debit card. Payments for goods or services has never been easier as all you need to provide is your email address that’s connected to Skrill and enter your password. If you want, you can also apply for Skrill’s pre-paid MasterCard, which can be used like a normal plastic card pretty much anywhere.

Security

Skrill takes its customers’ protection seriously and all information that they transmit is encrypted to the highest standards of the Payment Card Industry Data Security Standards (PCI-DSS Level 1). The company was also the first licensed e-money issuer in the UK and is authorised by the Financial Conduct Authority (FCA).

For an additional layer of protection, use two-factor authentication (2FA), which requires you to enter a code from your phone along with your email and password every time you want to login or make a payment.

Banking

Skrill boasts some of the lowest fees in the industry and is usually free to make payments at iGaming sites. For more active users, Skrill has a VIP program and exclusive deals, with lower fees and even more perks.
Some of Skrill’s largest customers include brands like Skype, William Hill, Ladbrokes, bet365 and Mojang.

Summary

Skrill, rebranded from Moneybookers, is a leading digital wallet in the iGaming industry, which is owned by Paysafe Group plc. It’s one of the most convenient payment methods around, issues pre-paid cards, supports over 40 currencies and offers competitive fees together with a VIP programme.

Click to visit Skrill official website.

Posted by CCJ Team