If you’ve ever deposited money at an online casino, then you’re probably at least aware of Skrill as an e-wallet banking option that is available to use to withdraw and deposit cash into your account.
In this article, we will look at Skrill in further detail, why and how it can be used to fund your next online scratchcard purchase!
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What is a Skrill Casino?
A Skrill casino is the term used to describe any online casino that accepts payments using the e-wallet service Skrill.
Importantly however, just because a casino accepts Skrill, doesn’t necessarily mean that it allows both deposits AND withdrawals via Skrill. Due to the way e-wallets work, most online casinos typically offer Skrill deposits, but then require an alternative method to withdraw.
When searching for a Skrill casino, do be aware of this and be sure to check out the banking options at the online casino you next consider signing up for!
How to Use Skrill
If you are using Skrill for the first time – at an online casino or otherwise – then you will need to go through a few extra steps before you get started. You can follow the process in 4 simple steps:
- Register for a Skrill account
- Make your first deposit to your Skrill account
- Deposit to a casino
- Withdraw any winnings back to your Skrill account
Once you have created an account, you just need to verify using a valid UK mobile phone number where you will get a verification code with SMS text message.
How to Deposit on Skrill
Once you have set up your Skrill account, you first need to add some funds which can then be used anywhere you wish to use Skrill as a payment method.
You can using the following deposit methods:
- Bank Transfer
- Credit or Debit Card
- Paysafecard
- Rapid Transfer
The deposit method. you choose will dictate how quickly money is added to your account. So it is best to add money in advance of your casino session to avoid delay.
If you are using a credit card to deposit, you are likely to receiver an additional fee which is set by your credit card provider, and not Skrill.
Online Casino Skrill Deposits
Funding your online casino account with money is incredibly easy with Skrill.
Simply choose Skrill as your deposit method, log in to your account and confirm how much money you need to deposit. All deposits are made instantly!
When it comes to using Skrill, minimum deposits are typically set at £10, but may be higher for some smaller or newer casinos. But like all casino deposits methods, any money that is added via Skrill will be instantly credited within your online casino cashier account.
Online Casino Skrill Withdrawals
If you deposit with Skrill, you may want to withdraw using the same method too. However, you don’t always have to withdraw the same method as you deposit.
Skrill withdrawals are easy; simply select how much you want to withdraw, the account you want to withdraw too, and it is likely that you will receive money quicker than traditional banking withdrawal options!
When requesting funds from your online casino account via Skrill, you can typically expect it to be one of the fastest payment methods available. Most withdrawal requests are processed and paid out with 24 hours, but you can typically expect to receive payments within a few hours.
Skrill Fees
Using Skrill eWallet is not entirely free to use and players should be aware of these hidden costs.
Although online casinos will not charge any fees for deposits or withdrawals, there are fees from depositing and withdrawing money to and from the account an online casino uses.
For UK players, the currents fees are set as:
- 1% for all deposits
- £4.96 withdrawal fee to bank account
- 7.50% withdrawal to credit card
Advantages and Disadvantages of Skrill
Like all possible payment methods, there are both benefits and drawbacks to Skrill. Listed below is a brief outline when it comes to using Skrill.
Advantages
- Free to signup
- World-leading player security and payment safety
- Speedy casino withdrawals
- Offers low and high deposit limits, or anywhere in between
- Claim exclusive casino bonuses and promotions
- Lower deposit fees than Neteller
Disadvantages
- Skrill is not always eligible for new player welcome offers
- Not accepted at all online casinos
Skrill Alternatives
As far as e-wallet payment options goes for UK casino players, Skrill and Neteller lead the way as the most popular. However, there are plenty of viable alternatives that UK players can – and should – consider:
