Skrill

Skrill is an online payment wallet that you will receive as a payment method at almost every online bookmaker. Previously, Skrill was known as Moneybookers. Suppose you are looking for a secure payment method that allows you to pay and cash out at a bookmaker. In that case, it is definitely worth considering creating a Skrill account. People who have not yet much experience with online gambling may not know this payment method. Although all experienced gamblers will undoubtedly be familiar with Skrill as an online payment service and the Skrill e-wallet offers an easy way to make transactions. The use of an electronic wallet has many advantages when you want to bet money with a bookmaker.

What exactly is Skrill?

Skrill is an online payment company that allows you to make transactions and transfer money to many countries worldwide. Founded in 2001, Skrill is now owned by the Paysafe Group, a large payment group that provides online payment services. Skrill started out as an e-commerce payment gateway but has now expanded its services to include an online service that allows you to send money worldwide.

Opening a Skrill account gives you access to the payment service called Skrill Money Transfer. In addition, you also immediately have a Skrill wallet. Skrill is fast, simple and cheap because of its desirable prices, exchange rates and costs. You can send money internationally through Skrill Money Transfer and fund the payment by credit card, debit card, Sofort or bank transfer. The recipient can choose to receive money directly into their bank account, although receiving money in a mobile wallet is also an option for a small number of countries.

To send money to someone with a Skrill account, you only need their email address. If you want to send money to someone without a Skrill account, you only need a name and bank account number to transfer the desired amount to him or her.

Skrill has a lot of experience with transactions to bookmakers

Throughout the history of payment service Skrill, the company has facilitated many transactions to and from online betting sites. It is a very reliable financial institution that is listed on the stock exchange and active worldwide. Skrill casino is a term that can be used for all providers of games of chance that are active online. You have to search really hard to find a casino or bookmaker at all that does not offer Skrill as a payment option.

So Skrill is very well known and experienced due to the long history that the payment service has with online gambling companies. You will often see the purple Skrill logo clearly at the front of online gambling sites on the deposit page. Skrill gets this position because a huge group of online gamblers use this method for transactions. It is not for nothing because a payment is made in a highly secure manner. The procedure is also effortless. For many players, this will also include the fact that Skrill gives you privacy. You can transfer money anonymously to the relevant betting platform. The transactions from Skrill are also not marked in the overview with the name of the casino. This can be important in terms of privacy for players.

Is Skrill safe and trustworthy?

Skrill has been around since 2001 and started initially under the name Moneybookers. They are fully authorized and regulated and used by millions of customers worldwide to pay online and make domestic and foreign money transfers. Paysafe, the company that owns Skrill, has offices in more than 20 locations worldwide and guarantees secure money transfers.

Skrill is fully authorized and regulated by various regulators worldwide, including the Financial Conduct Authority (FCA) in the United Kingdom and the US Department of Treasure’s Financial Crimes Enforcement Network (FinCEN).

Skrill has its own credit card

Skrill also offers a debit card that can be used to pay online or in stores in millions of locations worldwide. The pass is directly linked to your Skrill account. You can use this card as long as you have money in your account. The debit card can be used to withdraw cash from 1.9 million ATMs worldwide.

The pass is only available to residents of authorized countries of the European Economic Area (EEA). This includes the whole European Union. You must have a verified account to apply for the card. You request the card via the Skrill Card menu option in your account, and a few days later, you will receive the card at home.