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Skrill is one of the most popular e-wallets in the world, used by millions of people to make online transactions. As a casino payment method, Skrill offers many advantages that make it an attractive option for players. But before we dive into its pros, let's look at some potential drawbacks.

Major Advantages of Skrill for Casino Players

  1. Multi-layered security: With Skrill, you never have to share your bank details with the online casino. Your transactions are SSL-encrypted and require only the number of your wallet for the payment to be conducted.
  2. Very competitive deposit fees: You pay less money to deposit into Skrill compared to Neteller (see table below) and many other wallets.
  3. Fast deposits and withdrawals: This applies to both internal operations and fund transfers to and from Skrill online casinos. Compared to credit card transactions, where you can wait several days for your winnings, Skrill delivers money to your account in 24 hours max.
  4. Wide acceptance: Skrill is available in over 100 countries and accepts 40+ currencies, including several cryptocurrencies.

Drawbacks of Skrill

  1. Limited acceptance: While Skrill is widely accepted, it's not as widely accepted as credit/debit cards. Visa and Mastercard are still the most common payment options for online casinos.
  2. High withdrawal fees to credit/debit cards: To withdraw funds from Skrill to your credit card, you have to pay a 7.5% fee, which is extremely high.

Neteller vs. Skrill

Since PaySafe acquired both services, the two share many common advantages and shortcomings. However, differences between them still persist. Here's a table to help you choose the best option for you:

Feature Neteller Skrill
Available currencies 28+ 40+
Free deposit options Local bank deposit (in some countries) Country dependent
Paid deposit options 40+ deposit options, 2.5% fee for all Country dependent
Withdrawal options 4 options, 0% - 1.45% fee 3 options, EUR 5.50 - 7.50% fee

Comparison of Neteller and Skrill

For transactions involving currency conversion, Skrill adds a fee of 3.99% to their wholesale exchange rates. The exchange rates vary and will be applied immediately without notice.

How to Use Skrill in Online Casinos

Using Skrill in online casinos is simple:

  1. Sign up for Skrill by entering your email address and required personal details.
  2. Verify your Skrill account by following the link sent to you via email.
  3. Add a deposit method to put money into your Skrill account.
  4. Register in a suitable Skrill online casino and choose Skrill as your deposit method.
  5. Top up your casino account with Skrill.

How to Choose the Right Casino that Accepts Skrill Deposits

We've gathered the best casinos with Skrill payments in our "Recommended" tab. You can also apply filters to find the right Skrill casino for your query. For example, you can filter out Microgaming casinos that accept Skrill or look for Skrill casinos that welcome players from a specific country.

Overall, Skrill is an excellent option for online transactions, offering many advantages and competitive fees. While it has some drawbacks, the benefits far outweigh them.