Formerly known as Moneybookers, Skrill has solidly established itself as one of the most widely recognised and trusted online payment systems for online gambling. Skrill is hugely popular payment method of choice at all of our recommended online casinos.
We’ll take you through the story behind Skrill, how it works and why it’s a great choice for secure gambling transactions.
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What is Skrill?
Since it first started operating as Moneybookers in 2001, Skrill has become one of the world’s leading digital payment systems. The Skrill worldwide payment network allows individuals and businesses to send money across the Internet safely, cheaply and without having to disclose any personal or financial details.
Users can fund their Skrill account using a range of deposit options and then use those funds to make secure payments over the Internet without the payee ever having access to the customer’s financial information. To give you an idea of its scope, Skrill/Moneybookers has been referred to as a direct rival to PayPal.
Moneybookers rebranded to Skrill in 2011 to mark a higher focus on mobile technology, although you’ll find some still refer to the company as Moneybookers today. There are over 36 million people holding accounts with Skrill spread out over 200 countries and 40 different currencies, including AUD.
Skrill has become a very popular choice for Australian punters at digital casinos. The company has headquarters in London, with offices around Europe and the USA that employ over 560 staff members to ensure that the sophisticated payment service works as flawlessly as possible at all times.
Online casinos that accept payments using Skrill
Using Skrill to fund your online casino account brings many benefits. Not only is it safer as you don’t have to keep sending your personal financial information across various websites, but it also makes it a lot easier to keep tabs on your finances if you’re playing at more than one casino on a regular basis.
You can use your Skrill account to fund all of your casino accounts, saving you time, effort and confusion. Along with the other most popular casino payment methods including Visa, MasterCard, POLi, direct bank transfers, Neteller, Paysafecard and UKash, Skrill is offered at a majority of the best online casinos including our favourites:
- Royal Vegas Casino
- Slots Million
- G’day Casino
- Jackpot City
- Guts Casino
How to process deposits and withdrawals using Skrill
e-Wallet services like Skrill make it incredibly easy for everyone to use, whether you’re an Internet novice or super computer savvy. To start using Skrill to fund your real money casino accounts, follow these easy steps:
- Head to www.Skrill.com and sign up for a new account by entering your standard personal details like name, address and date of birth
- Once your account has been created, deposit some funds to your Skrill wallet using a credit card, debit card or online bank transfer for instant access to your funds
- Head to one of our recommended secure casinos and either sign into your account or register for an account if you’re a new player
- Head to the ‘cashier’ section of the casino and select Skrill as your payment method
- Enter your Skrill email address, Skrill password and the amount of money you wish to deposit
- The funds will now appear instantly in your casino account, deducted from the amount you had in your Skrill account. You are now ready to play your favourite casino game for real money wagers
For any direct queries about the casinos payment processes or withdrawal waiting periods, check the FAQ section of your chosen casino or contact the dedicated customer service teams for further info.
Does it cost money to use Skrill?
There are some costs associated with using this service but in comparison to transaction fees charged by banks Skrill remains much more cost effective. Transactions processed by Skrill for Australians incur the following charges:
- Sending money via Skrill = 1% processing fee, capped at a maximum of AUD $14.17
- Receiving money via Skrill = free
- Uploading funds to Skrill via bank transfer or POLi = free
- Uploading funds to Skrill via credit card = 1.90%
- Using Skrill to pay at a shop = free
- Withdrawing funds using Skrill = AUD $4.18
Mobile Skrill 1-Tap
The switch from Moneybookers to Skrill was brought on by the move towards a more mobile friendly market, and thus came the 2013 addition of Skrill’s mobile 1-Tap payment service. 1-Tap makes Skrill even easier for customers to use, allowing them to upload funds to their Skrill account with the simple tap of a button using a computer, smartphone or tablet. This means you don’t have to enter your credit card or bank account details every time you wish to make a deposit, simply click the ‘1-Tap’ option and enter the amount you wish to transfer.
When making a payment at Skrill for the first time, users are given to option of signing up for 1-Tap. Once this feature is enabled, you’ll no longer need to enter login details or payment information to fund your Skrill wallet.
Skrill prepaid MasterCard
All registered users at Skrill have the option of applying for a Skrill prepaid MasterCard. The card gives users greater control over their budget and expenditure as it has no direct link to your bank account, allowing you to spend the funds in your Skrill wallet only. You can use it to pay securely and discreetly online or to access funds at more than 36 million MasterCard ATMs worldwide.
The downside for Aussie Skrill users is that the prepaid MasterCard doesn’t support the Australian dollar, which means we get hit with currency conversion fees from the accepted currencies of the US dollar, the Euro, the British pound and the Polish zloty.
The most active users at Skrill also have the opportunity to apply for VIP status, a great option for those who want greater freedom when it comes to financial limits while also receiving loyalty rewards.
To be eligible for Skrill’s VIP program you need to transact the equivalent of 6,000 Euro’s every three months, which will give you these benefits:
- Free uploads and withdrawals
- Membership to the loyalty club, with exclusive promotions and offers
- A free Skrill Pre-paid MasterCard
- Free Skrill security token ensuring 100% money back guarantee
- Multi-currency accounts
- 24/7 VIP support
If you meet the eligibility criteria, head to Skrill’s VIP section to apply for VIP status and reap the rewards.
How safe is Skrill?
Skrill is up there with the safest possible online payment methods, meeting the highest standards enforced by the Payments Card Industry Data Security Standards (PCI-DSS Level 1). All transactions processed using Skrill are protected by the highest level of digital SSL security encryption, which means all payment information is scrambled so that it can’t be read if anyone else tries to intercept it.
Skrill was the first web wallet service licensed in the UK and continues to follow the strict regulations enforced by the Electronic Money Regulations 2011 and the Financial Conduct Authority (FCA).
On top of all that, Skrill is manned by a team of dedicated security experts who are on standby 24/7 to ensure user safety at all times. Choosing Skrill to fund your real money casino accounts is a smart and safe move for Aussie punters online.