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The story of Skrill's rise among other casino payment systems

With the exception of credit cards, Skrill has become the most common payment method at online casinos. But is it so convenient? Let's break down its pros and cons. The main advantages of Skrill from the casino players' point of view:

  • Multi-stage security system. E-wallet holders don't have to provide the casino with their bank details. Skrill added another layer of security with SSL data encryption protocol, and all you need to make a payment is your wallet number.
  • Advantageous fees. The fees for funding your casino account with Skrill are much lower than those of Neteller and many other wallets.
  • Fast deposits and withdrawals. This applies to all Skrill domestic transactions, as well as deposits and withdrawals to online casinos. In addition, Skrill withdraws casino winnings to the user's account within a maximum of 24 hours, whereas in the case of credit cards, it may take several days.
  • Prevalence. The Skrill system is available in over 100 countries and accepts over 40 currencies, not including cryptocurrencies.

All of these factors make Skrill a very attractive option, but it does have some drawbacks that are important to be aware of:

  • It's still not as common as credit/debit cards. Visa and Mastercard are still the most popular way to pay at online casinos. Although many sites already work with Skrill, there are still a number of casinos without support for this system.
  • High transaction fees between Skrill and other credit/debit cards. To transfer funds from your Skrill account to a credit card, you have to pay a high fee of 7.5%. Don't confuse this with free transactions between Skrill and your online casino account.

How to use Skrill at online casinos

Using Skrill is as easy as any other e-wallet. To pay with Skrill at online casinos follow these instructions:

  • Set up a Skrill account with your email and the necessary personal details. Select your country and preferred currency.
  • Skrill will send an email to your email address to confirm your account. Open the email and click on the link.
  • Add a payment instrument to fund your account.
    Sign up at the online casino and select Skrill as your deposit method.
  • Choose the amount you want and deposit into your account.
  • Some casinos offer bonuses to players who Skrill casino minimum deposit, so pay attention to whether they are available in your casino.
  • Withdrawals operate on the same principle. You need to request a withdrawal on the appropriate page and select Skrill as your withdrawal method.