Moneybookers Casinos In South Africa
Moneybookers is an electronic payment system that allows you to make money transfers worldwide with minimal commissions. You can benefit from the low commissions greatly when you are making a deposit at a Moneybookers casino, as more of your money will go towards gambling.
Moneybookers was rebranded as Skrill in 2011 and is known by this name since. The names will be used interchangeably in the article. There are a lot of Moneybookers casinos in South Africa, as the payment system has grown in coverage since the rebranding. It is a really simple system to use. You only have to know the email of a person you’re sending money to.
Transfers are fast to make and instant. Just enter your email and password and you’re good to go. You can opt-in for two-factor verification to make the process safer.
Moneybookers positions itself as a payment system that you can pay for gambling with, so the safety level is at its highest.
How To Use Moneybookers At Online Casinos
It was mentioned above that using Moneybookers is very easy. It is, but it may take a couple of steps to set up an account. You may also want to know a few other things about the payment system before using it as a payment method.
Most payment systems require you to undergo a KYC procedure, and Moneybookers is no exception. You have to show your valid ID and prove your address by sending Moneybookers a utility bill. It can take up to 2 days to verify your profile if you have sent the documents via your Skrill account, or a whole week if you have sent them via email.
You can skip this, but then the system is going to set deposit and withdrawal limits on your account. Getting a Skrill Mastercard is also restricted to verified account holders.
After you verify your profile, you have to top up your wallet. You can do it with a number of other e-wallets, or using a credit card and bank transfer. All of the methods require you to pay a commission except bank transfer. The commission varies depending on the e-wallet. For Visa, it’s 1,9%, for Mastercard, 2,25%.
Withdrawing funds from Moneybookers will take paying a fee as well, as the company doesn’t want you to take money out. Transferring money to Visa will cost you 7% of the sum, bank transfer will set you back $5.
Here are a couple of details you may want to know if you are going to play at a Moneybookers casino.
Deposit and Withdraw
All Moneybookers casinos accept the payment system as a means of both deposit and withdrawal. Deposits are instant. Withdrawals, however, can take up to three days to process. Casinos always say that this takes longer than it actually does, but be prepared to wait full 72 hours before your winnings are transferred.
Minimum Deposits
You can deposit as low as R20 at a Moneybookers casino. Depositing a bit more may be way more beneficial, though. You can be losing tons of bonus cash if you go with the lowest investment you can make.
Countries where Moneybookers is accepted
After being renamed as Skrill, Moneybookers grew a lot. Even though its license covers the EU, it is accepted worldwide, South Africa included. Finding a vendor that accepts Moneybookers may be a challenge in some industries, but as for online casinos, Moneybookers is widely accepted.
You can get a Skrill Mastercard, but there are only four currencies that it is available in, and ZAR is not included. You can use Skrill wallet in Rands, though.
Deposit Fees
Moneybookers casinos don’t charge you any fees. Moneybookers does. You have to pay a 1,45% transfer fee from each transaction that you carry out online. Withdrawing the funds from Moneybookers will also cost you a couple of Rands. 7% on Visa withdrawals and $5 on bank transfers.
Online Casino Software Providers That Accept Moneybookers
NetEnt Moneybookers casino
With offices all around the world, NetEnt is truly a global software provider. Its games are not very different in the terms of gameplay, but all are entertaining. Moneybookers casinos will have NetEnt games like Dead or Alive, Aliens, and Guns’n’Roses. The last one features some songs of the band that you can listen to while gambling. Try it out for free at CasinoHEX, and play for real money at Casino Cruise.
Play’n’Go Moneybookers casino
Play’n’Go produces rather classic video slots on one hand and very modern looking ones on the other. Its latest hit, House of Doom, was extremely popular in Moneybookers casinos and retains a part of its popularity now. It features ominous music, hard rock riffs, and unsettling graphics. You can enjoy it at Casino Cruise.
Playtech Moneybookers casino
Playtech is one of the old players in the industry, and it has come up with amazing titles over the years. It is adored by gamblers who love comics, DC comics in particular. This games developer has games that feature Ghost Rider, Fantastic Four, Captain America, and other characters from the DC universe. Play with characters from your favourite franchise at Omni Casino.
RTG Moneybookers casino
If you love competition, this is the game developer that you’ll definitely like. RTG offers casinos software that allows them holding tournaments and championships to let the players share prizes, whether it be money, or free spins, a single payment, or a prize pool distributed among many players. Try RTG’s Voodoo Magic and Cash Bandits for free at CasinoHEX or play for real money at Springbok and Yebo casino.
Pros And Cons Of Using Moneybookers in Online Casinos
Not sure whether to use Moneybookers? Take a look at these points.
The perks
Moneybookers is easy and fast. You’ll benefit from an account even if you don’t use it for gambling purposes.
Moneybookers casinos are plentiful in South Africa. Whether it is because the rebranded Skrill says it is a platform you can use for gambling, or because it is really easy to use, you get a lot of benefits out of that. One of them is the ease with which you can find a Moneybookers casino.
Your money is safe and sound with Moneybookers. The company uses only the best cybersecurity practices and allows two-factor authentication to ensure your safety.
The drawbacks
WIthdrawals to Moneybookers take anywhere from 48 to 72 days to process. Even though it may be a lot less actually, you’ll have to be prepared to wait.
Be also prepared that a part of your money is going to be lost as fees in the process. 1,9% to deposit, 1,45% to pay online, and 7% to withdraw. There’s also a conversion fee, so getting a Skrill account in ZAR is preferential.
Moneybookers doesn’t accept certain payment methods, American Express is one of them.
The Current Situation with Moneybookers in South Africa
Moneybookers is the old name for Skrill. This platform is quite popular around the world because of its simplicity. Moneybookers can be accepted in most countries, you’ll just have to find a place that accepts it, and an ATM, if you’re paying offline.
For Moneybookers casinos you don’t need an ATM, it’s all done online, and you can save on having a physical credit card and having to pay commissions. Except for the 1,45% money transfer commission.
Alternatives to Moneybookers for Making Deposits at Online Casinos
If you were left unconvinced as to whether to use Moneybookers casinos, take a look at the alternatives instead.
Credit cards
Credit cards can be a better choice than an e-wallet, because if you are using Visa or Mastercard, you cut out the middleman, saving yourself a couple of Rands in the process. You won’t have to pay the deposit and withdrawal fees that the system requires you to. That saves you 1,9% and 7% respectively if you’re using a Visa credit card with Moneybookers.
Wire transfer
Most Moneybookers casinos accept wire transfers as well. This is not the best way to make a deposit, however. Deposits are instant in most cases, but it takes almost a month to process a withdrawal. With Moneybookers, you’ll only have to wait for a maximum of 72 hours.
Other E-wallets
PayPal, Neteller or EcoPayz are competitors to Moneybookers on the market of online payments, and you can use them instead. However, PayPal requires you to withdraw your winnings to an SA-based bank within a month, and Neteller doesn’t support withdrawals on a credit card.
Safety of Moneybookers Gambling Transactions
Moneybookers (now Skrill) cares about your cyber security and constantly gives tips on how to spot phishing attempts. Their security experts work on bringing safety of the transactions to the highest level. The data that is transferred to the recipient is hard to intercept, and if intercepted, it cannot be decoded.
You can also opt for two-factor authentication to ensure that no one else can use your account even if they know the password.