Skrill Review 2020: Biggest Digital Payment Provider

Calling itself a digital provider with no boundaries, Skrill can definitely be called the king of the e-wallet world. A leading specialized payment service, Skrill serves thousands of merchants and millions of customers from all over the world.

Along with Neteller, it is the most recognizable name among e-wallets and widely consider the default option to fund your gambling account.

Owned by Paysafe Holdings UK, Skrill was launched in 2001 as one of the earliest in the first e-wallet wave. It was originally called Moneybookers – some online casinos still use this name today.

The provider changed its name to Skrill in 2011 and was bought by the Paysafe Group in 2015 along with Neteller. With over 40 million users around the world and support for over 200 countries, Skrill is the global leader in safe and secure online payments

One of Skrill’s main markets is forex trading and the online gaming industry. You can use the service in nearly any online casino.

It is a great alternative to PayPal who doesn’t seem too inclined to the online gaming industries. With numerous unique features and a perfect track-record, Skrill will keep the online gaming crown on its head for years to come.

If you’ve been thinking of getting started with Skrill for your online casino or poker rooms, read our in-depth Skrill review before making a final decision.

Let’s get started.

Skrill Review: Is Skrill Safe?

Absolutely. Skrill is an established and trusted online payment provider authorized by the FCA in 2011. The provider offers two-step account authentication which ensures that no one else uses your account.

A PIN further bolsters Skrill’s safety & security and advanced SSL encryption at the site enables secure transactions.

In short, it doesn’t get safer than Skrill.

Skrill Deposits and Withdrawals

Making deposits and withdrawals is pretty easily done with Skrill. Once you’ve registered, you should choose your preferred payment option.

For the record, you can Visa, Mastercard, Trustly, Klarna, Paysafe card, Neteller, and even Bitcoin and Bitcoin Cash. Rapid bank transfer services are also available via the Faster Payment network, but only for customers in the UK.

Credit and debit card deposits are widely used by Skrill’s customers and are by far the easiest method. Skrill aims to provide low-cost fees on deposited funds, with many of the options listed FREE. 

No matter if you use local or global payment methods, the deposit fee is a flat 1%. Things are different when it comes to withdrawals. Withdrawing your money on a Visa credit/debit card will set you back 7.5%, while local and global payment methods ‘cost’ €5.5.

International money transfers are free of charge and you can receive money for free as well. The domestic fee per transaction is only 2%, while Skrill to Skrill transactions is 1.45%.

Your account is free for personal use as long as you have at least one transaction annually. If you don’t, Skrill reserves the right to deduce €5 from your account. Finally, Skrill’s currency conversion fee stands at 3.99%.

 

Why Use Skrill to Fund My Poker, Casino or Sportsbook Account?

Skrill is widely regarded as the best and safest e-wallet online and that’s its biggest benefit over others. It’s a method used by more than 120,000 businesses online and one that has over 40 million customers around the world.

Always-online customer support and its range of awards are certainly more factors that put Skrill on the e-wallet pedestal in the online gambling industry.

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