Skrill, previously known as Moneybookers, is a UK based e-wallet that is also one of the fastest and most popular methods to make transactions with in the world, making it optimal for online casino use. You can find over 500 casinos online that accept this e-wallet for deposits, and with almost 40 million users globally, they have become a leader in online transactions. They offer different methods of funding and prove to be a very good method to use for Canadian players.
It’s an e-wallet and electronic wallet that allows users to transfer funds and make purchases online. With it, you can add funds to your casino balance, make payments to merchants and also withdraw funds. Since you’re using this payment solution as a deposit method, you don’t have to provide any Skrill Casinos with your financial details, which gives you an extra level of security when playing.
Setting up your very own account is easy, and only takes a few minutes. Setting up the account is done via their homepage, and as soon as the registration process is complete you will be able to use your account. In order for you to start making deposits, you will need to sort out a few more things and verify your means of funding.
Pretty much anyone in the world can use this method, however, players in the US will unfortunately not be able to use it in online casinos due to regulations. There are, however, other options for US players.
This payment processor offers several ways to make deposits to your account, the most commonly used method is with credit or debit cards. Transactions made with cards like these are processed without hesitation for a 1.9% fee, and all you need to do to use the cards is to verify them via the website.
If you want to avoid the 1.9% transaction fee, you can choose to make a Wire Transfer. The transfer needs to be initiated by you from your bank account to the e-wallet, then you might have to wait up to 5 business days before the funds appear in your Skrill account.
A lot of countries around the world provide the service of physical, local funding that allows you to deposit to your wallet account by bank transfer or cheque. There are also third-party services that you can use, however, these almost always add a service fee to the transfers, so make sure you are aware of them before you decide to use that type of method.
Larger jurisdictions allow users to make withdrawals using transfers, credit cards or courier cheques, while other countries offer postal cheques or international wire transfers. There are no withdrawal methods that are free from fees, and the size of the fee might differ from one method to another, so we recommend that you read up on them before choosing.
Most e-wallets have different kinds of limits attached to their services, however, the skrill brand is probably the easiest e-wallet when it comes to increasing these limits. Depending on where you live, a simple verification process might be enough to raise the limits.
European users have the option of obtaining a MasterCard linked to their account. You can apply for this card via their website, and once the application process has been completed, the card will be sent to you via post, and you will be able to use it at literally any merchant accepting MasterCard. The card comes with a yearly €10 fee, and also has a €1.80 fee for ATM withdrawals, however, it is considered to be the easiest way to make use of your Skrill account.