Skrill is a UK-based e-wallet that focuses on bringing down the cost of international money transfers. It is available in South Africa, and you can find plenty of Skrill casinos here.
Skrill became so popular because it takes convenience to another level. You can link bank accounts and credit cards, and use your funds with nothing but an email address and a password. Email is also the only thing that you need to know to send someone money. Transfers are instant.
Despite being that easy, Skrill protects its users against fraud during every transaction. They do not share your private information with third parties and keep your account safe at all times.
One of the reasons there are so many Skrill casinos is that the payment system specifically positions itself as a solution for online betting, and stresses the fact that your gambling transactions are safe with them.
Highest Skrill Casino Deposit Bonuses
How To Use Skrill At Online Casinos
Using Skrill at online casinos is really simple, but will take a few steps before a deposit is made.
First, you’ll have to register and verify your account with your ID and a valid address. The latter means sending the company your utility bill. It takes up to 2 days to process your verification. You can go without it, but if you do, you’ll be severely capped in the amount of money you can send and receive.
Next, you have to add funds to your Skrill account using one out of many methods. There are plenty of e-wallets you can do that with. Loading up with Visa will set you back 1,9% and Mastercard will cost you 2,25% in deposit fees. Making a bank transfer is free. Withdrawals cost a fixed price of $5 on bank transfer and 7% on a Visa card.
Skrill also charges 3,99% on currency conversion and 1,45% on e-payments. You can add funds in ZAR to avoid paying the conversion fee.
Here are some other things that you might need to know before making a deposit at a Skrill casino.
Deposit and Withdraw
Skrill casinos process deposits instantly. It may take up to 72 hours to process a withdrawal, however. Many casinos have this limitation, and in most cases, you’ll have to wait for up to 3 days to receive your withdrawal.
The minimum deposits in Skrill casinos are a bit smaller than the other payment systems offer, as low as R20. Great for low rollers, but keep in mind that you might be losing bonus cash if you’re transferring the bare minimum as your first deposit.
Countries Where Skrill Is Accepted
Skrill is accepted worldwide, you’ll just have to look for vendors that accept it in your country. It is licensed to work within the European Union and is legal in South Africa. This payment system allows for payments in 40 currencies and issues Mastercard prepaid cards in four.
You don’t have to pay anything to the casino itself, as you are making a deposit, but you’ll have to pay a 1,45% transfer fee to Skrill. Receiving funds on your account is free, but making a withdrawal isn’t. You’ll pay $5 for a bank transfer, and 7% to transfer the funds from Skrill to your Visa credit card.
Online Casino Software Providers That Accept Skrill
Microgaming Skrill casino
Microgaming was behind the first online casino software back in 1994 and is one of the major innovators today. It has a lot of funky slots that experiment with gameplay like Hairy Fairies and Bowled Over. If you want a great quality entry-level slot, try Microgaming’s Robin of Sherwood. It has amazing graphics and well-designed gameplay features. Try it out for free at CasinoHEX, and play for real money at Casino Cruise.
Quickspin Skrill casino
Quickspin is a giant of entertainment. Take any component you love in slots, they have it. Amazing graphics, unusual gameplay, cinematic cutscenes, bonuses that bring you insane wins, Quickspin slots contain all of this. The first slot that will leave an impression about this games developer is the award-winning Big Bad Wolf. It explores the story of The Three Little Pigs and shows the Wolf blow down their house in the bonus game. Try it for real money at Casino Cruise.
RTG Skrill casino
RealTime Gaming’s motto is “We love slots.” The company stands behind that motto, as not only their slots themselves are of a great quality, but also the system surrounding them is as well. RTG offers a set of patented jackpots and a lot of tournaments that the players can participate in. Try your competitiveness at Voodoo Magic, a slot with ominous music and unsettling imagery, that can lead you to a truly magical win. You can try it at Punt and Yebo casino.
Playtech Skrill casino
Playtech has been on the market for quite a long time now, and over the years, it has produced more than 500 games. The best examples include games that cover the DC comics series, Captain America, Ghost Rider, Daredevil and others. Try them for free at CasinoHEX and go through with real money gambling at Omni Casino.
Pros And Cons of Using Skrill in Online Casinos
If you’re hesitating as to whether to use Skrill as a primary way of making deposits at online casinos, here are a couple of points you might want to consider before making a decision
Skrill is very easy to use system, and having an account is beneficial in many ways except depositing in an online casino. You can use it with only an email address of the other party, and your email address and a password. There’s a mobile app as well.
Many casinos accept Skrill as a payment method because of its positioning as a payment system for gambling. You can be sure that if you choose a casino randomly, you’ll be able to pay with Skrill.
Skrill casinos are safe, as the payment system uses two-step authentication to ensure your cybersecurity. Your money is safe with Skrill.
In most places, it will take between 48 to 72 hours to process the withdrawal claim. Unfortunately, Skrill casinos are not fast with paying up, but they pay up on time.
Another drawback of the platform is that it has a lot of fees. They’re not large by any means, except for a couple of rival e-wallets, but together they can cut your winnings quite a lot.
Let’s say you’re using Visa to deposit funds on Skrill. You’ll pay 1,9% percent as a deposit fee, 1,45% as a transfer fee to make a deposit at a casino, you’ll withdraw the funds back to Skrill for free, but if you want to transfer the sum back to your Visa card, you’ll have to pay a 7% fee.
If you have an American Express credit card, there’s bad news for you. Skrill doesn’t accept it, and there is no information about whether they plan to.
Little Bit about Skill History
You must already know that Skill is formerly Moneybookers.
Moneybookers is an electronic payment system that allows you to make money transfers worldwide with minimal commissions. You may 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 (Skrill) 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 the person you’re sending money to.
Moneybookers positions itself as a payment system that you can pay for gambling with, so the safety level is at its highest.
The Current Situation with Skrill in South Africa
Skrill is legal in South Africa, and you can use the e-wallet with ZAR as the currency of your account. This saves you the 3,99% converting fee at Skrill. You can easily find vendors online that accept Skrill as a payment method, and Skrill casinos are one of them.
Alternatives to Skrill for Making Deposits at Online Casinos
If your hesitation about using Skrill as a primary deposit and withdrawal method didn’t go away after you have read about the platform’s pros and cons, take a look at the alternatives to this method.
Quite an obvious choice in a payment system, but it can be an easier one. If you plan to withdraw the funds to your credit card from Skrill later, it might be better for you not to use Skrill at all. This would save you a lot of time and a bit of money on the fees the system will take for withdrawing the funds.
Most casinos accept this method, but it is very tiresome. You have to go to the bank to make the payment over the counter, and it is quite time consuming. You’ll have to wait up to 20 days for your withdrawal claim to be processed, so the 72 hours that it takes casinos to process Skrill look like nothing in comparison.
You can use Neteller, PayPal or EcoPayz as an alternative, but it looks as though it won’t be the best option. For instance, you have to pay $10 as a withdrawal fee from Neteller, and the system only works with banks, whereas Skrill can withdraw your funds on a credit card.
Safety of Skrill Gambling Transactions
Your money is safe with Skrill. The company is certified with UK authorities and uses the best technology to ensure that even if someone intercepts your information, it would be completely unreadable to them. The two-factor authentication helps you get your account secure, even if your personal information ended up in the wrong hands.