We all know how sending money or even making payments can lead to a lot of hassle sometimes. So when it comes to payment methods, Skrill is probably one of the most popular names that people use nowadays. May it be in the UK, USA, or other parts of the world, Skrill is a strong contender in the industry. Since digital payment was introduced, a lot of companies and consumers have taken advantage of its convenience. After all, who doesn’t want to experience a hassle-free transaction?
Without bothering to leave your room, you can make and receive payments in the comfort of your home. Skrill is an expert in providing efficient services from sending to receiving payments in various currencies worldwide. Most importantly, you can take advantage of this payment method when making deposits and withdrawals in online casinos. So, read on to learn more about this cool online payment.
Best Skrill casinos to play at
These following casinos are proven to be the best casinos in the industry and they support Skrill deposits and withdrawals as well.
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See also Skrill casino sites in Finland!
Widely known as one of the biggest digital payment methods, Skrill has been making a buzz since 2001. It is a company that is acknowledged “world-leader” when it comes to creating world-class payment solutions for business and pleasure. Whether you want to use it in order to buy online or send money to family or friends, you got it. But what made Skrill more popular is its versatility in the business industry.
Since online casinos were introduced, various payment methods also came in waves. This allowed the company to showcase its services that offer convenience to both gaming sites and players. With business and pleasure services, Skrill was able to reach a wider range of businesses and individual users. Skrill became a giant company that helps small to big businesses build a huge customer base worldwide. Obviously, this does mean that both parties enjoy growth as more and more users register an account to use it.
In case you’re wondering, Skrill is a global company that is based in the UK. It has its headquarters in London and offices all over Europe and the US. Thus, the company is now composed of more than 500 staffs that represent over 30 nationalities worldwide. If these things didn’t sound interesting to you then we don’t know what else is. If you’re still curious about the company’s history, we’ve come prepared with the exact years and important events about Skrill.
Check out how Skrill reached the spotlight since it was founded as Moneybookers in the e-commerce industry.
When Skrill was founded in 2001, its original name was Moneybookers. This e-commerce company aims to allow affordable and convenient services like online money transfers and payments. However, its name was later on rebranded and introduced as the Skrill Group. In 2002, the company’s first big step to help customers send money through the internet after the launch of moneybookers.com. The website allowed consumers to send money online by just using their email address and password.
On the same year, the company became the first ever e-money issuer in Europe that was regulated by the FCA. FCA stands for the Financial Conduct Authority that regulates and supervises over 50,000 firms in the UK. Of course, these are the companies that provide various kinds of financial products and services to UK and international customers. The FCA is also responsible for regulating prudential standards of companies that the PRA doesn’t cover.
Investcorp and eBay
In 2007, ITP completed the buyout of Moneybookers with then more than 20 million registered users. Investcorp Technology Partners then took over the company that offers more than 100 payment methods to different countries worldwide. According to Reuters, Skrill (Moneybookers) also process its transactions in different currencies globally during that time. In 2009, the company successfully linked up with eBay which is one of the biggest auction and shop online.
When 2010 arrived, the company started rebranding as Skrill. Thus, Moneybookers’ started global payment network was extended and improved to offer more convenience. During the rebranding, it was ranked as the fastest growing private equity-backed company in the UK. This was revealed in the Sunday Times Deloitte League Buyout Track 100 table. In 2011, Payolution became a part of the Skrill Group. This allowed the company to add the Pay by Invoice and Pay by Installment to its offered products and services.
Skrill 1-Tap and Paysafecard
In 2012, the Skrill 1-Tap payment method was launched. This is one of the leading “single-click” payment options that allowed its account holders to enjoy optimal conversion. At the same time, this offered mobile-friendly transactions that attracted the growing population of smartphone users. The next year in 2013, Skrill also acquired Paysafecard which is the leading online prepaid payment provider in Europe. This is to accomplish its goal to be the go-to answer when it comes to online payments.
Still not satisfied with its list of products and services, Skrill acquired Ukash to extend Paysafecard’s scale and reach. Of course, the arrival of Ukash increased its achievements as well as its rank in Europe’s online prepaid market. Now, the company serves millions of individual account holders and businesses in different parts of the globe. Most importantly, Skrill makes it easier, faster, and safer to make payments in almost 200 countries and 40 currencies worldwide.
Top reasons to use Skrill in gambling/betting
Since online casinos are becoming more and more popular nowadays, online payment methods like Skrill become more in-demand too. This way, you can visit all Skrill Casinos that offer Betting options and enjoy hassle-free transactions. If you want to play games or bet on your favorite teams, you can do so in a breeze. No more waiting for too long, these are the top reasons why you should use Skrill Casinos:
- Fast and Simple
Skrill does its best be the fastest and easiest solution for making casino deposits or withdrawals, and other online transactions. Whether you’re playing or betting on a computer, tablet, or mobile phone, the transactions are guaranteed smooth and simple. You have to full control of your wallet balance which you can also use in sending money locally and internationally. You can even use the Skrill Prepaid Mastercard to get faster access to your cash.
If you usually hang out in casino sites, Skrill is a great choice since you can play using your current balance. You can even get an exclusive casino, betting, or poker promotion offers by using this payment method.
Whether you are at home, restaurant, bus, or other places, you can accomplish your payment requirements anywhere with Skrill. No need to follow a certain curfew when you can do it anytime you need to, anytime you want. Most importantly, you can access your Skrill online wallet through your PC, tablet, or smartphone.
- Rewarding Perks
Skrill Digital Wallet uses competitive FX rates to convert your cash into different currencies. You can also get special offers from the company’s selected retailers and get a chance to become a VIP member! Compared with other payment methods, Skrill has its own VIP programme. However, you have to be eligible to join the club. This program includes the perks of paying lower fees, 24/7 customer support, and so much more.
- Safe and Secure
With a Skrill wallet, you can keep all your bank information and other personal information private. Thus, you can keep all your payment information secure whenever you are depositing on online casinos and betting sites. The company keeps has an anti-fraud team that guarantees the protection of every transaction using this payment option. Most important, the company is FCA-regulated under the Electronic Money Regulations Act of 2011.
How does Skrill work?
If you’re a little intimidated about using Skrill, then don’t be. There are tons of Skrill Casinos that you can trust online. You don’t even have to be a pro to take advantage of its perks. All you need is just 3 steps to reach your happy goal in your selected betting sites.
- Step 1: Create an Account
To make the most of your payment method’s account, you just have to create an account. Once you’re a registered to Skrill wallet holder, you can finally move all your payment details in a singular place. Thus, you can make multiple transactions to different casinos with a single account which is more convenient.
- Step 2: Upload your funds fast
Through Skrill, you can finally transfer funds from your bank accounts, debit/credit cards, or prepaid vouchers almost in an instant. This means that you can bet all you want and still have it counted at the last minute. Finally, you can enjoy sitting in a game and never miss anything.
- Step 3: Place your desired amount
Skrill is a widely used payment option by online casinos so it’s safe to say that it’s pretty much everywhere. All major bookmakers, poker rooms, and casinos accept it so your Skrill wallet would really come in handy here. It will help you make deposits without revealing your personal information and bank accounts.
Cons of using Skrill
Apparently, not all international banks can be used to fund or withdraw from Skrill. The company also increases its commission to double the money conversion so be sure to choose the right currency. In other words, think wisely before you click! Regarding some gambling transaction delays, it could take a few days to be resolved. Skrill’s support can be a little slow too when responding to queries sometimes.
What are you waiting for? Take your chance now to access the top casinos, poker rooms, and bookmakers in the world. All you have to is register and you can finally move money to almost anyone using your Skrill account. Creating an account in this payment solution is open for new casino players who want free. Nothing’s better than opening a free account that opens more doors of opportunities and casino perks. Skrill is one of the most reputable payment methods that are trusted worldwide by millions of users.
It is accepted by almost all online casinos inside and outside the UK. Thus, you will never have a problem using when making deposits locally or internationally. You can even enjoy your casino winnings since you can withdraw through Skrill and into your bank account. As long as you have your connected ATM or Skrill Prepaid Mastercard, you can enjoy faster and safer transactions.
Good to know: Many casinos don’t give you a bonus if you deposit with Skrill. That’s not only in UK, also as an example same in Finland where you can get ilmaista pelirahaa (free spins), vedonlyöntibonukset (betting) from the best casinos (parhaat kasinot). But not always with Skrill. For more information read our reviews for UK players – you may want to start from our popular page new casinos.