Online payments continue to evolve, and we have seen them in different forms. From electronic wallets (e-Wallets) to credit/debit cards and down to vouchers, it is obvious that making payments over the Internet wouldn’t be a herculean task after all. In the light of this growing circumstances comes the introduction of Skrill, which has over the years, grown to become one of the most widely used and accepted online payment methods.
It is interesting to note that the use cases are not limited to online merchants and e-commerce platforms, because it is now in massive use in online casinos.
Skrill, which was previously called “Moneybookers”, is an electronic wallet (e-Wallet) payment system that allows online casino players, and indeed other categories of online payers, to use its robust service to deposit and receive payments all over the world. It is highly preferred by players because of the immediate/swift transaction and low costs of initiating such transactions.
Another highpoint is the security apparatus, which cuts down on the exposure of users’ banking details or personal information. Instead, players are only required to sign up with and make use of their active email address and password to deposit and receive funds to and from an online casino. Skrill also took the notch further by introducing mobile devices that are compatible with the Apple and Android versions for smooth transactions.
It is important to note that Skrill is not a newbie to online payments because it has been in the industry since 2001 when it was first launched as "Moneybookers", after which it was renamed the Skrill Group.
Currently, Skrill caters to millions of online customers in over 200 countries, just as it accepts payments in more than 40 currencies.
Skrill is just like its ally in the e-Wallet payment industry, PayPal. As a security feature, it only demands the use of a valid email address and a unique password for users to register for an account. After achieving this, you can then proceed to connect your local bank account and credit/debit card to your Skrill account. The next step is to add money to the account using a variety of options, including bank transfers, credit/debit cards, and/or any other acceptable means of funding the account, as stated on the Skrill website.
Payments through Skrill are anonymous because you would only provide your email address, which by then, must have been used to link the account with your banking details.
The process is simple and starts with visiting the online casino’s website, where you will navigate to the cashier or deposit page. Select Skrill as the preferred payment method, enter the amount you wish to deposit, followed by your Skrill login details. You would then follow the on-screen instructions to validate the payment.
Withdrawing your earnings from an online casino using Skrill takes the same format but your first withdrawal may attract additional security questions to verify your identity. Depending on the policy of the casino, your funds may take about 4-5 business days to hit your account.
Skrill has proven its efficiency in online transactions, which is a reason why many online casino players chose to go along with it. Besides, the security features and low cost are some of the inherent factors that would buoy you to use the service, of course, by referring to the guide above.