Skrill has established itself as one of the most popular e-wallets in the world, offering a convenient payment method for online casino players. But how does it compare to other options like Neteller? In this article, we'll explore the major advantages and disadvantages of using Skrill for online casino transactions.
Major Advantages of Skrill for Casino Players
- Multi-layered security: With an e-wallet, you never share your bank details with the online casino. Skrill adds an additional layer of security to your transaction: it's SSL-encrypted and requires only the number of your wallet for the payment to be conducted.
- Very competitive deposit fees: You pay less money to deposit into Skrill compared to Neteller (see table below) and many other wallets.
- Fast deposits and withdrawals: This applies to both internal operations and fund transfers to and from Skrill online casinos. Compared to credit card transactions, where you can wait several days for your winnings, Skrill delivers money to your account in 24 hours max.
- Wide acceptance: Skrill is available in 100+ countries and accepts 40+ currencies, not to mention several cryptocurrencies.
Drawbacks to Consider
- Still not as widely accepted as credit/debit cards: Visa and Mastercard are still the most widespread payment options for online casinos. It's highly unlikely yet possible that a random casino you found on the web won't accept Skrill.
- High withdrawal fees to credit/debit cards: To withdraw funds from Skrill to your credit card, you have to pay a 7.5% fee, which is extremely high. Don't confuse this with Skrill casino deposits and withdrawals — these are free.
Neteller vs. Skrill
Since the PaySafe group acquired both services, the two share many common advantages and shortcomings. However, differences between them still persist. We've compiled a table to help you choose the best option for you.
| Neteller | Skrill | |
|---|---|---|
| Available currencies | 28+ | 40+ |
| Free deposit options | Local bank deposit (in some countries) | Country dependent |
| Paid deposit options | 40+ deposit options, 2.5% fee for all | Country dependent |
| Withdrawal options | 4 options, 0% – 1.45% fee | 3 options, EUR 5.50 – 7.50% fee |
Comparison of Neteller and Skrill (the listed fees are connected to topping up your Neteller/Skrill account and withdrawing money from it, not casino deposits and withdrawals)
How to Use Skrill in Online Casinos
- Sign up for Skrill by entering your email address and required personal details. Specify your country and preferred currency.
- Skrill will send you a verification email. Check your inbox and follow the link to verify your Skrill account.
- Add your deposit method to put money into your Skrill account.
- Register in a suitable Skrill online casino and choose Skrill as your deposit method.
- Pick the right sum and top up your casino account with Skrill.
- If the casino you chose offers bonuses to players who deposit with Skrill, you should be able to use this opportunity to get some extra funds to play with.
The withdrawal process is very similar. You have to request a withdrawal on the respective page and choose Skrill as your casino withdrawal method.
How to Choose the Right Casino that Accepts Skrill Deposits
We've gathered the best casinos with Skrill payments in our "Recommended" tab. These websites have already established their good reputation and have a great variety of games in their collection.
However, if you want to see all the options available on the website, go to the "All" tab. It displays the whole collection of casinos that accept Skrill. Users seeking newer casinos with favorable conditions and some lucrative promotions can go to the "Newly opened" tab, where we have all the recent Skrill casinos emerged on the web. Lastly, the "Big brands" tab shows you only the largest and most popular casino brands with Skrill payments.
More demanding users can also apply numerous filters to find the right Skrill casino for their precise query. For example, you can filter out Microgaming casinos that accept Skrill at the same time, or look for Skrill casinos that welcome players from a specific country, whether it is the UK, Australia, or Canada.
Overall, Skrill has established itself as one of the most convenient payment methods for online casino players. With its competitive deposit fees and fast transactions, it's no wonder why many players choose Skrill as their go-to option.