When you read reviews of internet casinos, you’ll often hear mention of Skrill. Formerly known as Moneybookers, Skrill is a popular eWallet for casino players. They help protect your deposits and withdrawals with their secure wallet service. Furthermore, this banking method is a web wallet that gives you the flexibility to access your winnings at casinos all over the world.
The benefits of using Skrill are endless, but the main reason is because it’s secure, convenient and easy to use. You are offered over 100 payment options, and given the option to buy cryptocurrencies like Bitcoin. This allows you to add funds and take them out in a way that’s convenient to you.
One of the biggest benefits of using Skrill is that your information both financial and personal are kept private. Not only are transactions instant, but they are also available in multiple currencies.
While the company boasts multiple currencies, we advise that you confirm your currency is on the list before you proceed. We also recommend you double check with a casino of choice if they accept Skrill as both a deposit and withdrawal option.
If you’d like to find out which of our internet casinos accept Skrill, then read casino reviews of our different recommended establishments.
A Brief History of Skrill
Established in 2001 as Moneybookers, they were bought by Investcorp Technology Partners in 2007. In 2009, they were linked with eBay and began their rebranding as Skrill in 2010.
Just two years later they launched Skrill-1 Tap; a single-click payment platform favouring mobile transaction. Within the next year, 2013, Skrill acquired Paysafecard and became the preferred solution for all online payments. Another big acquisition was when the company acquired Ukash; this led to their enhancement in Europe’s internet pay-as-you-go market.
Today, Skrill is trusted and used around the world for an array of internet payments. When it comes to casino banking methods in the US, Skrill ranks highly. In fact, the state of New Jersey only permits Skrill as an eWallet service for gambling-related funds.
How Does Skrill Work?
Using Skrill is a pretty simple process:
Open a Skrill account – Opening one is free and simple; the only details required are your name and address.
Fund it – Once you open your account you can begin to use it immediately; you can fund it via bank transfer or credit cards.
Request withdrawals – Move your winnings from your Skrill account to your bank with convenience and confidence, instantly!
What Canadian provinces accept Skrill casinos?
Skrill is available in the whole of Canada and all provinces accept Skrill. You’ll find, however, some online casinos that are licensed by Ontario iGaming don’t offer it. If you’re playing from Canada, you will most likely be able to use Skrill at offshore casinos.
Exploring Skrill's Currencies: Fiat and Crypto
As a widely used wallet service and payment processor, even if you don’t live in Canada, Skrill allows you to bank with a wide range of methods. In particular:
Well, you can use your Skrill account for that too:
As mentioned in the video, with Skrill, you are able to convert your money to cryptocurrency quite easily. They get their exchange rates from Coinbase which gets updates every 5 seconds. At the moment, Skrill users are able to buy and sell Bitcoin (BTC), EOS, Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH), Litecoin (LTC), XLM, XRP and 0x (ZRX).
Skrill: Ensuring Financial Security
In terms of security, Skrill offers the highest industry standards for card payments (PCI-DSS Level 1) when playing using your desktop PC or at a mobile casino.
PCI-DSS Level 1
Also known as Payment Card Industry Data Security Standard, this is an information security standard for companies that handle credit cards. Level 1 means that the company processes over 6 million transactions annually.
This means that encryption and data protection is the highest priority, according to the expert guidelines that give Skrill a high rating. Skrill is one of the easiest payment methods for deposits and withdrawals at internet casinos shortlisted by Maple Casino. Do not lose any time and start playing your favourite casino games now!
When it comes to using your credit card for gambling online, your card company may impose a ‘cash advance’ fee. This fee is typically higher than the regular transaction fee and is charged when you use your credit card to obtain cash or cash equivalents, such as chips, at a casino.
Since Skrill has no control over this fee, it’s important to check with your credit card provider beforehand to understand the specific fees and terms associated with using your credit card for online gambling.
Here are the rest of the deposit fees that you may encounter when using Skrill for online gambling:
Other Payment Methods Available in Canada
Skrill is generally considered a safe and secure payment method for online casinos. It offers layers of security, including encryption and two-factor authentication, to protect your financial transactions.
You can use Skrill as a payment method at online casinos. It’s a popular choice among casino players due to its convenience and speed. The user-friendly interface and widespread acceptance in the gambling industry guarantee a seamless experience without any delays or complications.
Skrill typically accepts a range of credit and debit cards, including Visa, MasterCard, American Express, and others. The specific card options may vary depending on your location and Skrill’s policies.