Previously known as Moneybookers, Skrill is now one of the most popular and highly trusted online payment methods for online gamers and bettors around the world. However, in the US, Skrill is still not available for online gambling. Despite that, Skrill is accepted in over 200 countries and 40 different currencies. It is the leading eWallet option with top technology, the large number of satisfied customers and many possibilities.
Skrill is a UK-based company registered as a Money Service Business and regulated by the Financial Conduct Authority (FCA). It was founded in July 2001, and since then it became one of the best e-commerce business that allows payments and money transfers. Skrill is the method of payment for online casino sites, sports bets and also foreign exchange and binary options trade.
What customers expect from eWallets is that they are safe and fast, and what Skrill offers in return is simple and fast processing does not even ask for your account number. The first thing you need to do when you log on to your desired online gambling site is to check if they accept Skrill. Some of the websites still list this option as Moneybookers, but don´t let it confuse you. When you selected Skrill as your payment method, you will be required to enter the email which is linked to your Skrill account, and the amount of money you want to deposit.
The gambling sites have their own security process, which requires your Skrill password, and a six-digit code to enter. These steps will protect you from a hacking attempt. Most of the online gambling sites are not charging a fee for using Skrill and the processing time for withdrawals is maximum 24 hours, even though the most cases will be processed within a couple of hours.
If you want to open Skrill account, you should choose option Sign Up and follow the instructions. You need to verify the email which will be important information from that moment onwards. You can fund your Skrill account via bank transfer and Debit or Credit card. Moreover, you can send money to anyone with an email address. In this case, email works as an account number. Then it is for the best to check the Shopping Directory which has information on sites that offer the use of Skrill as a payment method. One great option that Skrill offers is the account history which records all transactions, deposits, and withdrawals.
Skrill is a free digital wallet to create, works in real-time, and there are no fees to pay when withdrawing the funds. The sent money is instantly transferred to the desired account unless you withdraw funds from a local bank on weekends and holidays. In these cases, you can expect some delays. Skrill supports over forty currencies, which is also an important characteristic.
On the other hand, this platform is slightly more expensive because it offers somewhat higher exchange rates. Besides, customers complained that their account locked when they attempted to transfer a large sum of money. Nevertheless, Skrill remains as one of the most popular payment options by online casino players and sports bettors.