Skrill is a crowd-pleasing banking solution for Canadians. And the world over. It falls into the eWallet services category and can be used to send and receive, at the time or writing, close to 40 currencies.
The banking method has proved to be exceptionally popular in the online retail sector and the online gaming market. In addition to the above markets, due to its global stature, Skrill is used to send money to family or friends around the globe with just an email address!
Our focus is Skrill’s popularity and the ease of use in the online gambling industry.
A Brief History of Skrill
Established in 2001 as Moneybookers, the company then was bought by Investcorp Technology Partners in 2007. In 2009 the company 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, the company 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 online pay-as-you-go market.
Today, they are trusted and used by millions for an array of online payments. When it comes to online casinos banking methods in the US, Skrill ranks among the best. In fact, the state of New Jersey only permits Skrill as an eWallet service for gambling-related funds.
How does it Work?
- Open an account – opening an account is free and simple for online gamblers; the only details required are your name and address.
- Make payments – once your account is opened you can begin to use it immediately; fund your account by bank transfer or cards.
- Request withdrawals – move your winnings from your Skrill account to your bank account with convenience and confidence, instantly!
Benefits and Tips
One of the biggest benefits of using Skrill is that your information both financial and personnel 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 accepted before you proceed. We also recommend you double check with your online casino of choice if they accept Skrill as both a deposit and withdrawal option.
Find a list of online casinos that accept Skrill as a banking method here.