Skrill are one of the more interesting options for punters in the gambling industry. The site was originated under the name Moneybookers, of which many people still refer to them as. To start with Skrill were actually not interested in the gambling sector. They were set up as e-wallet to provide an alternative and safer payment option for shoppers around the world.
It didn’t take long for the company to soon realise that the gambling industry had a massive niche for competitive e-wallets and now it’s probably fair to say they are better known for their endeavours within this industry than any others.
The speed of transactions and the cost of these transactions are the two biggest factors in which users of online casinos would use a company such as Skrill. The process can literally be done within a matter of minutes, which includes that of withdrawals. The process that casinos have to go through for these types of transactions are much, much shorter than that of the credit or debit card route. This results in many casino processing withdrawals within just a few minutes, compared with several days for bank transactions.
Over recent years, Skrill have implemented a number of VIP schemes to promote the use of their products. You can actually earn points the more you use your account which then can be redeemed for prizes and items from affiliated sites. If you think that the average gambler is going to deposit around £100 a month (very rough estimate) then this will soon add up over the course of the year. Obviously for those that use the product even more then this then they are going to be able to get greater rewards and move up their VIP rankings from bronze up to gold.
Other advantages include the fact that they have a prepaid MasterCard on offer. The card links directly to your accounts you can spend any of the funds in there at any outlet that accepts MasterCard, which, lets face, is pretty much everywhere these days. Interestingly, we found that the card was a better option then having to withdraw funds back to the bank account. The transactions for cash withdrawals are capped at £2.00 for however much you withdraw. Withdrawals to your bank depend on your bank and the amount you are sending, but it does take a few working days for the money to be applied to your account. Obviously the money that withdraw from the ATM will be in your hand instantly and even if you want it in your account you can simply take it to your nearest bank to pay the money in to use instantly.
How To Use Skrill At An Online Casino
As with all of these step-by-step guides on how to deposit at an online casino, each will likely vary slightly in terms of the process on offer. But the backend section will all be the same, so should provide some guidance at least.
Assuming that you have both a funded Skrill account and casino account, you will need to head over to the cashier section of that casino. Once in, simply find the Skrill payment section and head on over.
For the next step you will be asked to enter your Skrill email address and the amount you want to deposit. You may be promoted for your password to your casino account but at no point should you enter your Skrill password within the casino client.
Once onto the Skrill site you will now need to enter your email and password to log in to your Skrill account. Here is where you will need to confirm the amount you wish to send and also confirm where you want to send it (there should be a reference to the casino at some point).
You should now be taken back to the casino and then be able to see you processed funds in your account. It may take a minute or two for the funds to appear, but if they haven’t get straight in touch with customer support from both the casino and Skrill.
The company was founded in 2001 by two Scandinavian entrepreneurs in Daniel Klein and Benjamin Kullman. The original name of the company was Moneybookers and the new brand of Skrill was originally brought in around 2011.
The company are one of the largest in the UK and they have won several industry related awards for the services that they offer. In 2013 Capital Partners bought the firm for £600m with the company looking to increase its net worth even more in 2014.