Skrill, previously known as Moneybookers, is a third-party payment processor ( they also acquired Ukash). This means that they are officially a customer of the banks, which then provides payment processing for businesses and other bankers. Between its inception in 2001 and its removal from Canadian and American markets in 2008, Skrill was an extremely popular online casino banking method.
Now it has become less so. One excellent advantage of Skrill is that all your private banking details are kept private. Skrill does not hand over banking details to the online casino, giving players a greater sense of security. Not only this, but you do not require a password but rather a security question to access your Skrill account. This adds a greater layer of protection to your privacy.
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How to Open an Account
Setting up a Skrill account is free and can be done straight from their website. There is no cost involved until you want to access your account for deposits and withdrawals. Before beginning to bank with Skrill, you need to deposit money into your account.
Deposits and Withdrawals
Deposits can be made with ease. Making sure there is enough money in your Skrill account is essential to being able to make withdrawals. Because Skrill is not a banking institution, your money can be left there indefinitely but will never earn any interest. Therefore, if you are directing large payments into your Skrill account it is probably worth withdrawing at least some of the money and placing it into a traditional bank account in order to watch your money grow.
Money can be withdrawn from your Skrill account simply by selecting Skrill from the list of withdrawal facilities on the gaming website, entering the withdrawal amount and waiting for the completion of the transaction. Skrill promises that your money will be available immediately, so question any casino that says you must wait for your payment.
There do not seem to be any obvious negatives when it comes to using Skrill to fund your online casino gambling.
How to Make a Deposit Via Skrill?
1. To make deposits with Skrill you have to open an account on the Skrill official website. Once you have set up your e-wallet, top it up via supported payment options. Return to the casino of your choice and visit the Cashier.
2. Choose Skrill as a preferred means of payment by entering the Deposit tab.
3. Enter an amount you want to send from your Skrill e-wallet to your casino account and press the Next button.
4. You will be redirected to Skrill checkout where you have to provide your email address and password to complete the payment procedure.
Frequently Asked Questions (FAQs)
Can I deposits and withdrawals via Skrill?
Yes, you can make deposits and withdrawals in ZAR via Skrill.
How to withdraw via Skrill?
To withdraw with Skrill go to the Cashier’s and under the Withdraw tab opt for Skrill. Complete the cashout procedure by following the required steps.
Is Skrill a safe banking method?
Skrill is absolutely safe banking option which provides you with a smooth user experience. Thanks to high-level security measures, you don’t have to worry about the safety of your data. What’s more, your don’t even have to reveal your financial information to the casino as transactions are completed within the Skrill application.
Will I be charged any additional fees when making transactions via Skrill?
Online casinos won’t charge you additionally when you use Skrill as a deposit or withdrawal method. However, the service provider may impose certain fees when you upload funds to your Skrill e-wallet and cash out from it. Visit the official website for more information on processing and maintenance fees.
How long does it take to process deposits and withdrawals with Skri
E-wallets are typically the most convenient banking methods as deposits and withdrawals via them are quickly processed. Your funds will be available on your casino account as soon as you transfer them to it. Withdrawals are in most cases processed within 24 hours, yet sometimes this type of transactions may take longer.
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