Although Visa and MasterCard are ideal online casino payment options, credit card transactions tend to get rejected because of unfriendly gambling regulations. Besides, players cannot use MasterCard as a withdrawal option. Many players also do not like the idea of revealing their credit card details to online casinos and wish to remain financially anonymous. Under these circumstances, eWallets are the best payment options, and Skrill is considered to be the best eWallet in the industry. The only downside is that Skrill is not available to casino players based in the US.
The advantages of using Skrill are many: As mentioned, Skrill allows casino players to fund their online casino accounts quickly, safely, and securely without having to divulge any personal financial details to possibly shady offshore gaming operations. Besides, Skrill is available in several countries and offers payment processing services in several currencies. A large number of online merchants, including online casinos, offer Skrill as a payment option. Players therefore do not have to waste a lot of time and energy searching for online casinos that accept deposits through Skrill.
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Brief Overview of Skrill
Skrill, which used to operate as Moneybookers before 2011, is a British online payment processor that makes it safe and easy for consumers to pay for goods and services online, thereby presenting a low-cost alternative to expensive banking methods such as money orders, wire transfers, bank transfers, and checks.
The owner and operator of the service is Moneybookers Limited, registered as a financial business with British Revenue and Customs. Skrill operates under a license issued by the European Union and is well-regulated by the Financial Services Authority (FSA).
Skrill has over 35,000,000 users and the number is growing. Besides, it is available in 40 currencies and in more than 200 countries all over the world. The company employs over 560 people from around 30 countries in its headquarters in London alone and has offices all over the US and Europe.
One of the best features of Skrill is its Prepaid MasterCard, which consumers can use to pay for goods and services at any place that accepts MasterCard as a payment option. Since the Skrill Prepaid MasterCard is a prepaid card, players can use only those funds that have been loaded into the card for gambling services, which will save them from going broke. Players can apply for this product online and will not have to undergo any credit check to receive it.
How Skrill Works
Players who want to use Skrill must first create a Skrill account. The next step is to load their Skrill accounts using one of several options such as credit cards, debit cards, and eWallets. Players can now transfer the funds in their Skrill account to any online casino account without having to reveal any personal financial detail. They can also withdraw their winnings back to their Skrill account and withdraw it from any ATM using their Skrill Prepaid MasterCard.
Skrill is associated with a wide range of online gambling promotions and depositing with Skrill puts players in the way of grabbing special no-deposit bonuses, extra alternative payment method bonuses, and larger deposit bonuses. Besides, Skrill also rewards its customers for loyalty.
Using Skrill as a Deposit Option
Players only need to have a functioning Skrill account to use Skrill as a deposit option. They will have to visit the casino’s cashier section and select Skrill as a payment method. The rest of the procedure is as simple as moving funds from one’s Skrill account to one’s online casino account. The transfer is instantaneous and hassle free, enabling players to get started with real money gaming right away.