Moneybookers will be familiar to many as the original name of Skrill. After the successful 1998 launch of PayPal, it was in 2001 that Moneybookers first hit the market. The rise of PayPal undoubtedly helped to create a market for Moneybookers and other e-wallet providers. And since rebranding as Skrill in 2010, this payment method is now highly popular at online casinos.
Best Skrill Casinos
Online casinos that accept Skrill are incredibly common, perhaps more so now than for PayPal. You will encounter many sites that take Skrill, but here are five of the best:
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Pros and Cons of Skrill
Skrill shares a number of similar characteristics with other leading e-wallets, such as Neteller and PayPal. Most notably, you get to enter your payment information just once and then perform multiple financial transactions without having to do so again. By providing your sensitive details to just one payment operator, all of your transactions are effectively shielded.
Linking a Skrill account can be done so with leading debit/credit cards like American Express, Maestro, MasterCard, and VISA. Having that range of choices is a major benefit of using a Skrill account. Currency conversion is also incredibly simple, with Skrill accepting dollars, euros, and pounds alongside many others.
Where Skrill does not quite measure up is its popularity compared to Neteller and PayPal. Both organisations have superior operating budgets to Skrill, meaning that they are often quicker to implement technological innovations. That being said, Skrill now has a mobile platform – known as Skrill 1-Tap – with which to make mobile casino payments.
Skrill compares favourably to e-vouchers like paysafecard in that your can actually withdraw winnings. Although operators can technically provide e-voucher pin-codes to payout winnings, many do not adopt this process.
To get really picky, Skrill does not entirely protect you from risk. In comparison, an e-voucher purchased from a local vendor will entirely protect you from cyber criminals when depositing with an online casino. Even then, however, you will need to send details to the casino when you need to withdraw winnings.
Paying with Skrill at Online Casinos
Your first port of call in creating a Skrill account will be to enter the URL Skrill.com in your web browser. Creating an account is completely free of charge, so click on the registration button. This will load up a familiar set of fields requiring basic information in the form of name, address, and contact information. Your account will be created after entering the information and progressing.
To complete the creation process, you will then need to link a payment method to your account. Select this option from the links provided. Your next decision will then be to choose which payment method to link (examples include VISA, MasterCard, and American Express). Skrill will send a micropayment to your chosen method along with a pin code. Check your online banking statement for the pin code and then enter it on your Skrill account to verify your chosen funding method.
Now that you have a fully functioning Skrill account, it is time to deposit via Skrill. You can simply access the banker/cashier screen to make a deposit. View the list of payment options and select Skrill to progress with your deposit. Simply follow the instructions on screen and your account will be funded in mere seconds.