E-wallets have become more popular than ever, particularly among sports-betting fans. Skrill allows users to make deposits and withdraws from betting sites without having to give a bank account number or credit card information. Skrill joins PayPal and Neteller as one of the most popular ewallets.
Skrill is a well-known payment method for sportsbooks. They are known for their smooth international transactions. Skrill is a great option for anyone who gambles online. We’ve got all the details on how to use it.
What is great about accepting Skills at betting sites?
- Securely store your funds
- You can easily upload and withdraw funds
- You have a variety of payment options available, including credit card and bank account.
- Deposits at sportsbooks are almost always free of charge
- Skrill debit cards allow you to manage and monitor your money
How do I sign up with Skrill
Skrill accounts are easy to open and free. The only thing they require is that you give the following information:
- Email Address
- Password
- Name
- Your Birth Date
- Billing Address
Payments industry is regulated. After a few transactions, you will need to verify your account. Skrill is able to meet its regulatory requirements by verifying your account. The proof of identity is required for verification.
To verify your address, you will need to provide proof of identity and a utility bill. After verification, you can unlock additional features such as higher transaction limits (i.e. You can move more funds, be eligible for VIP programmes and many other features.
Skrill Accepted by Who?
They are widely accepted in the gambling industry. They are accepted by most online betting sites, as well as many casinos and video gaming companies.
Skrill: What are the fees?
An account can be opened for free but you have to use it or a fee will apply. Their fee structure is explained on a separate web page.
The majority of fees are a percentage on your transaction amount, e.g. Funding your wallet and withdrawing funds from your wallet are both free. Although funds can be transferred to gambling sites for free, there might be a fee to return them. This varies by site.
- Membership
- Skrill accounts are free to open and maintain.
- Skrill Prepaid Mastercards are subject to an annual fee of PS7.95
- Uploading/Receiving funds
Usually, uploading funds to your Skrill account costs nothing, except for American Express, Diners Club or Visa which can charge 1%. Paysafecard uploads may also be free.
- It is easy to upload funds to your Skrill Prepaid Mastercard.
- Skrill allows you to receive money in your wallet for free
- Sending, spending and withdrawing funds
- It is free to pay at a store or transfer funds with any merchant (including online casino)
- Skrill Prepaid Mastercards are free to use
- ATM cash withdrawals with card cost 1.75
The withdrawal fees for each method are different – i.e. Withdraw to bank, card, or other method
It is free to send money to another wallet holder. Although sending money to another wallet holder is free, banks charge fees. However, they often run promotions that offer no cost.
Conversions of currency – They add 3.99% to the exchange rate
Skrill: Why?
Skrill is simple to use and has a helpful help section. This service is perfect for people who need to quickly transfer funds to different gambling websites.
You can quickly transfer money to your favorite sites once you have added the money to your wallet.
Skrill is a great fit because of the following:
- Privacy and discretion. Your bank details remain private
- They are strong friends with the gambling industry and know their customers well.
- VIP Programme available
- Offers and promotions are regularly offered
- Instant funds transfer to websites
- Accepted by the top bookmakers, casinos, and poker rooms around the globe
Security
Skrill, the UK’s first licensed emoney issuer, was authorised by Financial Conduct Authority (FCA). Skrill is dedicated to adhering to the highest Payments Card Industry Data Security Standards Level 1.
You can get Two-Factor Authentication (2FA), on your account. To pay, you will only need your password and email address. You are not allowed to reveal your bank or card details.
Last Updated on October 2, 2021
