Skrill is a payment processing and money transfer system that is very popular throughout most of the world. With around 15 million customers worldwide, it is one of the largest “e-wallet” solutions on the planet, servicing individuals, major corporations and everything in between.
Skrill (formerly Moneybookers) was originally founded in 2001, and launched for business in April of 2002. It quickly became popular, amassing nearly two million users in just over a year. Customers may fund a Skrill account using a credit and debit card, or through a linked bank account. However, unlike many of their competitors, Skrill has become known for allow a multitude of different payment and funding options, with many innovative local solutions available for customers and businesses alike.
One of the biggest holes in the Skrill network, however, is their service in the United States. While there is a Skrill USA division that works for eBay purchases, the standard Skrill service is not fully functional for American users. US customers cannot use the service to receive money from other customers, and funding sources from inside the United States cannot be used to fund accounts for foreign users. These policies are in place for a variety of reasons, including some that relate to online gambling, which we’ll discuss below.
The advantages to using Skrill are the same ones that most payment services offer their players: convenience and safety. Since Skrill can be used instantly to make payments to millions of businesses and individuals, it works great as a place to store cash in a virtual setting, so that it’s ready to be used whenever you need it. But it also provides a layer of safety; since you’re paying through Skrill, and not giving credit card numbers out to every single vendor you purchase something from, your personal information is much less likely to be stolen, thus protecting you from identity fraud.
In 2010, Moneybookers announced that they would be rebranding themselves as Skrill. While the Moneybookers name and branding are still used in most locations, the company is gradually changing over to the Skrill name.
How to Deposit Using Skrill
Depositing with Skrill can be done in much the same way you would deposit with any other e-wallet service. First, of course, you’ll need to sign up for a Skrill account. Once you’ve verified your identity, you’ll be able to fund your account though any of the methods available to you in your country.
Once your Skrill account is set up and funded, it’s time to move those funds into your casino account. Simply open your online casino’s client, and head over to the cashier (or banking) section. Under deposit options, you’ll find a listing for Skrill; click on it, and the deposit process will begin. You’ll simply need to provide your Skrill details, along with the amount of money you’d like to deposit. Once you submit your request, your payment will be processed immediately. That’s it – in a matter of minutes, you’ll have your money in your account and can begin playing!
Casinos Accepting Skrill
While acceptance of Skrill is far from universal at online casinos, it’s definitely one of the most popular e-wallet payment sites around, and you’ll find a large number of casino sites that accept it. Along with NETeller, it is certainly one of the two biggest payment sites in the gambling world.
While a great variety of sites accept Skrill, it’s important to note that not everyone is able to use the site to make payments. Not surprisingly, this primarily affects Americans, who are heavily restricted in how they might use the site. While US customers can sign up for Skrill, they can only use them for certain peer-to-peer purchases, or (as previously mentioned) payments through their eBay-affiliated service. When it comes to online gambling, Skrill has essentially taken a zero-tolerance approach for Americans; USA customers can neither make deposits into gambling sites nor receive any winning through the service.
However, customers from most other countries around the world can use Skrill with few (if any) issues). Both payments and withdrawals are generally processed instantly (at least on Skrills’ end), making it a fast and reliable banking system for online casino players worldwide.