Skrill or Moneybookers is a particular type of electronic wallet. This company is an online payments system that allows customers to make payments and transfer money online. Skrill allows you to deposit cash into your wallet, send it to multiple vendors, and withdraw it again into actual cash. As a result, you are not required to disclose any financial records to any Skrill casino; everything is retained solely with Skrill.
The journey of Skrill
Skrill was created by Daniel Klein and Benjamin Kullmann in 2001 as Moneybookers and was almost immediately thrust into a battle for domination in the internet transactions sector.
Investcorp Technology Partners bought the company in 2007. Moneybookers then began to grow aggressively. It was awarded the speediest developing business in the UK a year ago. Following that, the firm declared its makeover and rebranding and re-entered the market as Skrill. Optimal Payments bought the Skrill Group for €1.1 billion in March 2015.
The reputation Skrill has earned for being among the most crypto-friendly businesses is well deserved. It is often used as a deposit mechanism on cryptocurrency exchanges; then, in 2018, the firm launched its own crypto gateway for those who wish to acquire cryptocurrencies or have an interest in them. The gateway now accepts Bitcoin, Litecoin, Ethereum, and a few more tokens, which you may trade in real-time using the site’s interface. Skrill may now be used as a form of payment at online casinos that also take cryptocurrency.
How does Skrill work?
Skrill, like many other e-wallets, is easy to use. Skrill is a well-known electronic wallet with clients from all around the world. In addition to gaming operations, they may be used for a variety of other things.
The procedure for creating a Skrill account is quite simple. After providing some personal details, you need to complete a verification procedure to validate your identity and bank account information. Here are the necessary steps:
- Sign up for Skrill by providing your email account and other needed information. Indicate your chosen currency and nation.
- Skrill will then send you an email to confirm your account. Validate your Skrill account by checking your mailbox and clicking the link.
- Select a deposit mode to your Skrill profile account.
- After you’ve established your profile, you may load it by using a credit or debit card or maybe a bank transfer. Checks, bank transfers, and Visa are all acceptable methods of withdrawal.
How is Skrill generally used for payments?
To make a Skrill payment at an online casino, simply perform these simple steps:
- Have an account at a Skrill-supported online casino (preferably at Winissimo for a great experience) and deposit funds by choosing Skrill as your deposit option.
- Select the appropriate amount and use Skrill to fund your casino account.
- If the site you have chosen provides bonuses to Skrill depositors, you should be able to take advantage of it to receive some additional cash to play with.
- The procedure of withdrawal is quite similar. You must make a withdrawal demand on the appropriate site and again choose Skrill as your withdrawal option. Withdrawals are subject to fees, although they are minimal and are preset instead of dependent on a proportion of the withdrawal.
Availability of Skrill
Skrill is host to a number of international firms, which means that anyone from anywhere in the globe may open an account and begin using it. UIGEA laws bar Skrill from enabling US players to make transactions from any online casino operator, despite the fact that it accepts US customers.
Is this a secure method of payment?
Yes, the payment provider has a proven track record of safety and security. You don’t have to provide any of your banking or debit or credit card details to anybody else, including your online casino, when you use Skrill. As a result, only your Skrill account is accessible to the online casino where you play, ensuring nobody can hijack your online identity or money when you use Skrill.
Benefits of using Skrill at our casino
How to use Skrill on our website – step by step
STEP – 1 Go to our page and click on the “Login” link.
STEP 2 To login, make sure your email address and password are correct.
STEP-3 Using the sliders adjust the amount you want to deposit, then click the Deposit Now option.
STEP – 4 Finally, select Skrill as your payment method and follow the steps.
What sets Skrill apart from other deposit and payment options?
- It is prevalent in over 200 countries.
- Provides a MasterCard-powered prepaid card.
- Transfer funds quickly and simply to an email address or a number associated with a bank account.
- There are choices for both personal and business use.
- There is no cost for transferring money into a bank account that is direct.
- Working knowledge of Forex and online gaming accounts.
- The mobile app that is easy to use
- Purchase and sell cryptocurrencies.
Pros and cons of using Skrill method
|Security with many layers.||Stalling of authentication.|
|Deposit costs are quite low.||Credit/debit cards are still more typically recognised.|
|Transactions are processed quickly.||Response time is slow.|
|Deposits to online casinos are also quick.||High costs for withdrawals to cards.|
|Skrill is undoubtedly one of the most widely used payment methods on gaming sites.|
In the coming years, almost every gaming site will be a Skrill online casino. However, not all online casinos are the same. Some websites offer better games, larger bonuses, more advanced software, and quicker payments. And that is exactly what you will receive every time you play at Winissimo.