What is Skrill?
Skrill is an electronic wallet that allows you to send and receive payments around the world, conveniently, easily and completely online.
Its popularity has been increasing in recent years, with thousands of users in New Zealand using it. Therefore, there are more and more bookmakers that accept this payment method and have been implementing it as one of the payment alternatives available to their users, either for deposits or withdrawals.
The reason that millions of users use it for online betting is the security and confidentiality it offers, since it allows transactions to be made without the need to give any card or bank account data to online bookmakers.
It is a totally legal and safe company, created in 2001 and based in the United Kingdom. Since 2015 it belongs to the Paysafe group, known for also owning Neteller and Paysafecard.
How do I make a deposit with Skrill?
Skrill is a digital wallet with similar operation to PayPal. To make a deposit at a bookmaker with Skrill, you must first have funds available in your Skrill account. If you do not have available funds, you will not be able to make any deposit or payment.
To make a deposit at Skrill you will only have to link a bank account and make a transfer, although it is also possible to receive payments from family or friends, as well as deposit using a debit or credit card.
If you already have a balance in your account of this electronic wallet, to make a deposit at a bookmaker you will only have to select the Skrill option at the Cashier when making the deposit.
Once this option is selected, you must enter the amount you want to deposit, and then it will redirect you to the Skrill login screen. There you will have to log in (with your email and password) and confirm the payment.
Deposits through Skrill are processed immediately, so in just a few seconds you will already have the available balance in your gaming account.
The only thing you need to take into account are the limits of bookmakers with Skrill, both maximum and minimum. That is, the maximum and minimum amount of money that you can deposit through this method..
How do I withdraw funds from my Skrill account?
Making a sportsbook withdrawal with Skrill is just as simple as depositing money. The easiest way is a bank transfer to your regular bank account. Although she is not the only one.
Skrill has a Mastercard card linked to the account. This card allows you to make payments in online stores, physical stores, and even withdraw cash from ATMs (with a small commission).
In addition, the option to make a withdrawal to a VISA card and even a Neteller account is also offered, so the options for withdrawing money from Skrill are very complete.
If what you want is to withdraw the bookmaker's balance to your Skrill account, the process will be the same as for depositing. You will only have to go to the bookmaker's cashier, select Skrill as the payment method, enter the desired amount to be withdrawn and the email of your Skrill account.
Remember that to withdraw balance with this e-wallet, it is necessary that you have previously used it for a deposit. Withdrawals are processed quickly, in just a few hours and a maximum of 48.
You will also have to take into account the withdrawal limits at each bookmaker, both minimum and maximum, which indicate the minimum and maximum amount that you can withdraw through this payment method.
Advantages and disadvantages of using Skrill
ADVANTAGE | DISADVANTAGE |
Not sharing bank details with the bookmaker | Skrill charges fees for certain transactions |
Deposits processed immediately | It is not available at all bookmakers |
Withdrawals processed quickly | Commission if your Skrill account is inactive for 6 months |
Available at numerous bookmakers |
|
Skrill mobile app |
|
Mastercard card linked to your Skrill account |
|
100% safe |
|
What are the benefits of being a VIP at Skrill?
Skrill has a VIP user level. Being a VIP user at Skrill means being able to enjoy some advantages, where the following stand out:
- The Mastercard is free of charge
- Personalized assistance 24 hours a day
- Bank deposits with higher limits and priority
- Multi-currency account
- No commissions
To be a VIP, it is necessary to make transactions totaling $15,000 in a quarter. Once that figure is reached, you will maintain the VIP level for at least that quarter and the next (per calendar year).
The main advantage of being a VIP is to avoid paying commissions, which are applied for deposits to the account using Paysafecard (5%) or card (1.25%), although through bank Transfer it is free. There are also commissions for withdrawing balance, where we find 5.50 $ with the bank transfer or up to 3.99% by card.
Conclusion about Skrill
In short, Skrill is a very interesting payment method for making transactions at online bookmakers in a totally secure and private way. Private because you will not have to give any data of your cards or bank accounts to the bookmakers, and safe because it is an electronic wallet with more than 20 years of experience, millions of customers and with which you will not have any problems.
In addition, transactions are processed very quickly: deposits are immediate and withdrawals take just a few hours. And we should also mention its main advantage over PayPal: the possibility of contracting a debit Mastercard linked to the balance of your Skrill account.
We are facing a payment method accepted in practically all bookmakers, so it is certainly worth using it.
However, we must always keep in mind the fees for deposits and withdrawals to the Skrill account from our bank account or card, which are somewhat high. Although if you acquire the VIP level, that will not be a problem since it will be free.
In our opinion, it all depends on the volume of money that you are going to move at the bookmakers. If it is enough to acquire the VIP level and you want to have the online game money separate from your checking account, this payment method is an ideal option.
If, on the other hand, you don't mind having it mixed and you don't plan to reach the VIP level, it would be a better option to use your usual bank cards for transactions with bookmakers.
Frequently asked questions (FAQ)
Completely. It is a payment platform used by legal and licensed bookmakers, in addition to being a company with more than 20 years of experience.
Deposits are processed immediately, in just a few seconds it will be available at the bookmaker. Withdrawals, depending on each bookmaker, can take from a couple of hours to 24 or 48.
For deposits and withdrawals at bookmakers there is no commission. However, Skrill does charge commissions for income or withdrawals from the balance in the electronic wallet itself.
Yes, to make any deposit it is necessary to have a Skrill account and do it through it, entering your username and password.
There are quite a few bookmakers that allow payment through this electronic wallet. These are some of them: Platinum Play, Spin Palace, RiverBelle, Lucky Nugget, Rizk, Wheelz, Betsson, Casino Twin, Pastón or Paf.
Some bookmakers, such as Bet365, Versus or Gaming Club do not accept Skrill as a payment method, although they offer many other alternative means.