Skrill is a digital wallet brand under Paysafe Limited, a global payments platform. Launched in 2001, Skrill provides a range of online payment and money transfer services, operating across over 100 countries and supporting more than 40 currencies. It is owned by the same parent company as Neteller and considered an alternative to PayPal.
How to use Skrill
Signing up to Skrill is free. Once you have your account you can immediately start making quick, secure, payments, and all payment information is centralised, with data conveniently stored in one place. To make a purchase, simply select Skrill as the payment method and then just enter your email address and password.You can transfer funds easily between your Skrill account and your online banking accounts, which can then be withdrawn at an ATM.
Skrill Safety
Skrill operates under the regulation of the Financial Conduct Authority in the United Kingdom. Skrill was established in the UK and operates within UK legal frameworks, which means it is entirely safe and secure.
Skrill Pros and Cons
Pros:
- Skrill offers both Personal and Business Accounts, making it versatile for various financial needs. Both accounts offer security and fast withdrawals.
- Skrill is known for its safety and security measures. Regulated by the Financial Conduct Authority, it adheres to strict rules to ensure user and financial safety.
- Skrill provides a prepaid card linked to your accounts, allowing ATM withdrawals and in-person purchases. You can activate the card easily, but should be aware of associated fees.
- Skrill is compatible with various devices, including web browsers and mobile platforms. You can access their accounts, make payments, and withdraw funds conveniently on the go via the Skrill app, available on Android and iOS.
Cons:
- Verification on Skrill can be time-consuming. While necessary for legal compliance and user protection, the verification process may delay account activation. Users are required to submit identification documents such as a driver's license or passport, along with proof of address.
- Skrill's customer service options are limited. Although it offers a chatbot named Sofia, there is no live chat feature for direct interaction with customer support representatives. Access to the chatbot is restricted to existing members, requiring a registered email address for assistance.
Skrill and Online Casinos
After you have opened up and deposited a sum in your Skrill account, it is easy to use it at your chosen online casino:
- Go to the cashier section and choose Skirll as your deposit method.
- Enter the deposit amount and review the transaction summary.
- To complete Skrill deposits, you'll need to log into your Skrill account to verify the transaction.
- You'll need to confirm the deposit by entering your Skrill PIN and a 6-digit verification code sent to your email or phone.
- Once authorised, the funds are transferred from your e-wallet to the casino, and your casino balance is updated promptly.
Skrill withdrawals are hassle-free and straightforward, just log into your casino account and accessing the banking or cashier page. Select the withdrawal option and opt for Skrill or Skrill 1-Tap. Indicate the desired withdrawal amount and proceed by clicking the withdraw button.
A new window will appear and ask you to log into your Skrill account and confirm the transaction. Once approved, you simply await the arrival of the funds. The withdrawal processing time varies among online casinos, but Skrill withdrawals typically outpace those made through bank cards.