Skrill: The digital wallet that will satisfy you

Skrill is a digital wallet that allows users who do not wish to use credit cards on the Internet to find an alternative payment method. In addition to this, cryptocurrency methods of payment are also available on this wallet. To use it, you do not need a bank account. The great advantage of Skrill for online casino players is that it has a strong presence on gaming platforms. Depending on your geolocation, however, this wallet might not be available. 

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Skrill is an electronic wallet that has gained much popularity in recent years for its top-notch security features and fast transaction speeds

Favourited by players from all over the world, Skrill remains one of the most popular options for online casino transactions. Choosing the right platform for these transactions is vital to ensure the safety of your data and to deliver an overall great gaming experience. 

In this article, you will find our top recommendations for exceptional Skrill casinos, as well as an in-depth guide on how to use Skrill and its many perks and benefits! 

What is Skrill?  

History and Background 

Skrill is a virtual e-wallet that was originally launched with a focus on the online gambling industry.  

Established in 2001, this payment method provider, formerly known as Moneybookers, was acquired by Paysafe Group in 2015. Today, Skrill is available in over 200 countries worldwide, making its presence widespread. 

Following some regulatory changes that led to companies like PayPal to turn their backs on the iGaming industry, companies such as Skrill and Neteller swooped in to take their place, offering players an alternative payment method for their online gaming sessions. 

For this reason, many users consider it to be an alternative to PayPal, perhaps even a much superior version of this decades-old payment method. 

During the years since its initial launch, Skrill has remained one of the largest and most popular digital wallet providers in the world.   

Skrill Features and Services 

Instant transfers 

The main selling point of this payment method provider is the very fast deposit and withdrawal processing times that it offers. 

Deposits made with Skrill are typically delivered instantly, whilst withdrawals made to your Skrill wallet take a maximum of 1 to 2 business days to reach your account. 

Compared to other payment methods, this is one of the fastest transactions speeds on the market. 

Low fees  

The rates and fees charged by Skrill are very low, especially when compared to those charged by other e-wallets. 

Keep in mind that these transaction fees may differ depending on your specific geographical location

For more information regarding these fees, check out our dedicated section further down in this article. 

Multi-currency support 

A unique feature provided by Skrill is the multi-currency support it offers its users. 

With this feature, you can easily manage multiple currencies all within one account

In addition to this, no VIP status is required to be able to benefit from this feature. Whilst users can choose to have multiple accounts to manage these different currencies, it is not strictly necessary. 

Keep in mind, however, that currency conversion fees still apply. 

Why Choose Skrill for Online Casinos? 

The Pros and Cons of Skrill 

Different players have different gaming needs and ways they like to play, and the payment method they choose must reflect these differing requirements. When choosing the right payment option for you, it is vital to compare the pros and cons of such a method.  

Below, you may find a comparison table of the positive and negative features of Skrill, as well as a more detailed explanation of each of these points.  

ADVANTAGES DISADVANTAGES 
✅ Deposits and Withdrawals are very fast and easy to make❌ The verification process of your account can, at times, be lengthy
✅ Many online casinos accept this payment method❌ No live chat customer support available
✅ Skrill is very safe and secure, and is regulated by the Financial Conduct Authority❌ Outside of online gaming platforms, this payment method is not often accepted
✅ The option of a prepaid card is available❌ There are many geographical restrictions
✅ Skrill works on many different devices
✅ Multiple currencies are available
✅ This payment method charges low and affordable fees

The Advantages of using Skrill 

Very much in vogue at online casinos, Skrill is a means of payment that comes with many advantages: 

  • Skrill is very safe and secure

The Skrill, Skrill Mastercard, and virtual bank card allow you to make purchases on the Internet in complete security.  

This payment method provider has implemented several trustworthy security systems that are designed to provide its users with maximum security. 

Among these, Skrill utilizes two-factor authentication and fraud monitoring, enabling you to enjoy your gaming session with complete peace of mind. 

If you do not wish to have a personal credit card, you will also be able to make purchases in shops that accept Mastercard. This Skrill card offers you a very wide range of possibilities all over the world.   

  • No transaction fees for certain purchases

One great advantage of Skrill Mastercard is that you will not have to pay any transaction fees when making purchases in certain categories

Keep in mind that the terms and conditions of this feature might differ depending on the region or country that you are residing in. For this reason, always make sure to read these conditions prior to making any purchases with this payment provider. 

Depending on your particular circumstances, fees might still apply. Keep reading this article as we will explain this in much more detail below. 

  • Most online casinos accept this payment method 

This is a considerable advantage for people who do not wish to use their credit card or enter their personal details. It is very important to note that the availability of this deposit and withdrawal method is highly dependent on your country of residence

The following image is from Oshi Casino, a very popular gaming platform that accepts this method of payment. 

  • Join the Skrill VIP Program 

Skrill distinguishes itself from other payment method providers with an exclusive loyalty program that rewards its users in direct proportion to their activity

Earn points when using Skrill, rise higher in rank, and then redeem them for exceptional benefits and rewards. 

In this article, we discuss this loyalty program in more detail. Keep reading to discover all the perks of this point system and the various VIP grades that you can strive to reach! 

  • Users have everything at their fingertips 

If you wish to top up your account, you can do so directly from the Skrill web page or from your Skrill app. If you do not have access to the Internet but are located near an ATM that accepts Mastercard cards, you will be able to check your balance.  

Additionally, you will be able to transfer money to your bank account, but you will also be able to transfer money to your friends, no matter where they are on earth. 

The Disadvantages of using Skrill 

Although it has many advantages on paper, the Skrill virtual wallet also has some weaknesses:

Fees can apply if Skrill is not frequently used 

As seen in the advantages offered by Skrill, a VIP club is available for the most regular users.  

However, if you only use your Skrill wallet from time to time, it will not be possible for you to access one of the VIP grades. Therefore, you will have to pay all fees at full price

  • Each time you decide to withdraw money, €5.50 will be taken from your transaction. 

  • If you are in another country and decide to buy something, you will have a stronger exchange rate than a VIP member. 

  • If you do not use your Skrill account for at least 12 months, a service charge of €5.00 will be taken each month until your account is used again. 

  • However, if you deactivate your account, you will not have to pay a service fee for not using the service. 

Other fees may also apply 

As explained a few lines ago, when using your card abroad, your exchange fee will be 3.99% of the total amount of your transaction.  

However, there are other fees to be expected when using your card (in your home country or in a foreign country that does not have the same currency):  

  • There is an annual service fee of €10 and an ATM fee of 1.75%. However, depending on where you withdraw money, surcharges may apply

  • Fees for your deposits. No matter how you deposit to your Skrill account and whether you are abroad or in your home country, all deposits are taxed at 1% of the total value of your deposit. 

How to Use Skrill in Online Casinos 

How do I set up a Skrill Account? 

Are you confused about the process of setting up your Skrill user account?  

In this section, we provide you with an in-depth tutorial on how to sign up for your personal Skrill wallet. Follow these easy steps to create and fund your account: 

  1. Head over to the official Skrill website

  2. Click on the ‘Register’ button that you will find at the top right-hand corner of your screen. 

  3. Fill in the required fields with your personal information

  4. Confirm your Skrill wallet creation request. 

  5. Log in to your user account on the Skrill website by typing the email address and password that you had inputted when creating your account. 

  6. Click on the ‘Get Started’ button that will pop up. 

  7. At this point. You will be asked to submit some additional personal information

  8. Once this has been completed, Skrill will send a verification code to your submitted telephone number. 

  9. Input this code in the requested field to verify your telephone number. 

  10. Following this, you will be asked to create a PIN number. This adds an extra layer of security to your account. 

  11. Now, your Skrill user account has been created. To be able to use your wallet, you must first fund your account

  12. To add funds to your account, you will be asked to select a payment method option of your choosing. 

  13. Once your deposit has gone through, you will be able to use Skrill to send, receive, and withdraw money with ease! 

The personal information requested during the 3rd and 7th stages of this process includes the following: 

  • Name and surname 

  • Email address 

  • Country of residence 

  • Currency 

  • Date of birth 

  • Telephone number 

  • Residential address 

  • Postal code 

How do I deposit funds into a Skrill casino?  

If you are new to the world of online casinos and don't know how to deposit money with the Skrill payment method, simply follow this tutorial

To complete this tutorial, Lucky7Bonus has decided to go to Oshi Casino

  1. First, log in to the casino where you wish to deposit your money. Then click on the ‘Deposit’ option. 

  2. Once you have completed this action, click on the payment method you wish to use. For those who wish to use Skrill, simply click on this option. 

  3. Then, enter the amount you wish to deposit. As you can see in the following image, you have several choices. If none of them are suitable for you, you can enter the amount you wish to deposit in the 'Amount’ box next to the red arrow. However, be careful not to exceed the deposit limits set by the casinos. 

  4. After clicking on the ‘Deposit’ box, you will be redirected to a page where you will have to enter your information to complete the deposit of your money. 

  5. Once this step has been completed, your account will be directly credited with the desired amount. Now all that's left to do is to start playing! 

How do I withdraw winnings to Skrill? 

Withdrawing your winnings to your Skrill account is a very simple process that we will explain in this comprehensive step-by-step guide

  1. Log in to your player account on the gaming platform you have chosen. 

  2. Select the ‘Wallet’ button that, at most online casinos, you will find on your profile

  3. Click on the ‘Withdraw’ option. 

  4. Here, you will find a list of payment methods that are available in your currency and region. 

  5. Select the ‘Skrill’ payment method and enter the amount that you would like to withdraw. 

  6. Make sure to be aware of the withdrawal limits set by the casino in question. Different gaming platforms will have different deposit and withdrawal limits. 

  7. At this point, you will be re-directed to your payment method provider. 

  8. Fill in any required fields and confirm your withdrawal request. 

  9. Once you have sent your confirmation, you must wait for your request to be processed. Skrill withdrawals are typically processed within 1 to 2 business days

  10. Once your funds have been deposited to your Skrill account, all that’s left is to sit back and enjoy your winnings

The Skrill Mastercard 

On the Skrill website, you can manage your money as you wish. However, if you no longer wish to use your credit card, Skrill offers you its own electronic card, the Skrill Mastercard.  

It is important to note that the Skrill electronic card is only available for people living in the EEA (European Economic Area) zone. For example, a person living in Switzerland will not be able to apply for this card. 

To receive your card, all you have to do is go to the Skrill website and make a request. The card will be delivered to you after 7 to 10 days and will be completely free of charge

The card offers you many advantages: 

  • Secure purchases: Each time you make a purchase on the Internet, you will receive a text message, and you will need to enter this code to confirm your purchase. This way, if your card is stolen, your information will not be breached. 

  • An application to manage your account. Wherever you are on earth, manage the money on your Skrill account in real time. You will be able to top up your card directly from your mobile phone. 

  • If you don't have Internet or even the application, you will be able to check your Skrill balance at an ATM that accepts Mastercard. 

  • You will be able to use the contactless feature when paying in shops that accept Mastercard. 

  • You can benefit from a very high-quality loyalty program. For more information about this, keep reading this article. 

In addition to this, you will also be able to create a virtual prepaid Skrill card. This card works like a Skrill Mastercard except that it is only virtual. This makes it impossible for you to make purchases in stores that do not accept this way of payment.  

Creating this card will only take a few seconds. Like all virtual cards, this Skrill Prepaid Virtual Mastercard has daily limits that must not be exceeded.  

The Skrill Loyalty Program 

The Skrill rewards system is a loyalty program where you can earn points and redeem them to receive exceptional benefits, depending on your grade.  

VIP GRADES TRANSACTIONS allowed per quarter 
Silver€15,000+
Gold€45,000+
Diamond€90,000+

The more money you spend with your Skrill wallet, the higher you will rise in rank, and the more perks you can take advantage of. 

The point system works in the following way: 

ACTION POINTS 
Spend or withdraw using a Skrill Prepaid Mastercard1 point for every 1 EUR spent
Buy or sell cryptocurrency1 point for every 1 EUR spent
Send cryptocurrency to another Skrill user0.5 points for every 1 EUR spent
Withdraw to your bank or debit card1 point for every 1 EUR spent
Add to your Skrill account1 point for every 1 EUR spent
Spend online0.25 points for every 1 EUR spent

Some of the benefits of this program include the following: 

  • You will no longer be required to pay your remittance fees, and your bank withdrawal charges 

  • Your exchange rate will be reduced  

  • Receive dedicated 24/7 customer care 

  • You will be allowed to hold multi-currency accounts 

  • Receive a personal account manager 

The only difference between the Silver and Diamond grades is the percentage of the exchange rate that reduces, and some additional services offered.  

In the following picture, you will find all the differences according to your VIP grade. If you do not reach the minimum €6,000 required to enter one of the VIP grades, you will pay your fee at the full rate, as you will see in a few lines. 

Top Skrill Online Casinos for 2024 

How do I choose the best Skrill online casino? 

Licensing and Security 

The first aspect to take into consideration when choosing a Skrill online casino is whether it is in possession of a reputable gaming license

Gaming licenses are very difficult to both acquire and maintain, ensuring that the online casino in question is able to meet the strict rules that the gaming authority puts in place. 

In this way, you can rest assured that your personal and financial information will be safe at a casino in possession of such a license. 

The lack of such a license will guarantee that a gaming platform is not trustworthy, and we highly recommend staying away from such casinos. 

Amongst other criteria, a reputable gaming license will ensure the following: 

  • The games in a casino’s game library are fair 

  • All player bank transactions will be safe and secure 

  • The casino has implemented the latest safety and security measures 

  • The casino implements regular responsible gaming practices 

Game Variety 

An excellent Skrill gaming platform will offer a wide variety of gaming options to its players. 

In addition to a vast selection of high-quality games, always ensure that the online casino you have chosen has decided to collaborate with plenty of reputable software providers

The more software providers for you to choose from, the more varied the game selection will be, including plenty of different styles, themes, and innovative gameplays

Before settling on a gaming platform that cannot meet these expectations, always make sure to go through its game library and ensure that there are plenty of titles that appeal to you and your personal gaming needs. 

Bonuses and Promotions 

A gaming platform’s bonuses and promotions tend to have a massive influence on the online casino that a player ultimately chooses. 

It is important, however, not to be swayed by the value of the bonus alone. Before picking a gaming platform, take a look at the terms and conditions of the promotions that they offer. 

Whilst a specific casino bonus might appear to be very generous, the wagering requirements associated with it, in particular, might be quite the opposite. 

For this reason, it is vital that your choice of online casino does not solely hinge on the glossy exterior of these promotions. 

Customer Support 

Another vital aspect to take into account is the quality and efficiency of an online casino’s customer support services. 

The customer support representatives should not only be friendly and professional, but knowledgeable enough to aid you in whatever problem or query you might pose. 24/7 customer support is vital to ensuring that your questions are answered in a timely manner. 

Inefficient customer support can have some drastically negative consequences on your gaming experience, so it is important that it is up to par with your expectations. 

To ensure that your gaming needs are met, make sure to read some player reviews on the online casino’s customer support services. At Lucky7Bonus, you will find plenty of detailed casino reviews for you to peruse. 

The Top 3 Skrill Online Casinos 

The vast majority of online casinos at Lucky7Bonus offer this method of deposit and withdrawal. However, Lucky7Bonus has decided to highlight the top 3 gaming platforms that accept this payment method option. 

Experience a thrilling and unforgettable gaming session at these reputable online casinos! 

Millionz Casino 

An exceptional online casino that we highly recommend, Millionz offers many reliable fiat payment methods for players to choose from. 

This gaming platform welcomes its newly registered players with a substantial welcome bonus and no wagering requirements attached to it: 

  • 100% match-up of up to €500 + 100 free spins! 

The many generous bonuses and promotions at Millionz also come with no wagering requirements, a very rare thing to see and an excellent reason to try your luck at this noteworthy online casino. 

Exclusive bonus
Infos

Casimba Casino 

Start your online gaming experience at Casimba with a massively generous welcome bonus: 

  • Up to €6,500 + 125 free spins split between your first 3 deposits

With a massive focus on slot machines and a game library consisting of over 4,600 titles, you’ll be able to choose between plenty of high-quality casino games supplied by some of the best software providers in the industry. 

Join millions of other players at Casimba Casino and enhance your gaming experience with the generous bonuses and promotions on offer! 

N1 Casino 

With more than 6,000 online casino games at your disposal, N1 Casino offer players some of the best gameplays in the industry, as well as a selection of the most reputable software providers that have developed them. 

When registering your player account, take advantage of this highly generous welcome bonus split between your first 4 deposits

  • Up to €4,000 + 200 free spins! 

So, what are you waiting for? Place your first deposit with Skrill to benefit from the thrilling bonuses and promotions on offer and boost your winning potential exponentially! 

Bonus Opportunities for Skrill users 

It is important to be aware that Skrill and Neteller payment methods often get excluded from casino bonuses and promotions, with many gaming platforms not allowing players to benefit from specific promotions if they decide to deposit money with these e-wallets. 

The reason for this is to safeguard casinos from bonus abuse and fraudulent activity committed with the use of these payment methods. 

Welcome bonuses, in particular, are largely affected by this exclusion. For this reason, if you plan on utilizing these digital wallets, it is important to check which payment methods are allowed by the online casino you select. 

Security and Fairness in Skrill Casinos 

Licensing and Regulations 

It is vital to ensure that the Skrill online casino you choose to play at is in possession of a reputable gaming license. This ensures that the gaming platform is safe and secure, and that the games it offers are completely fair

In order to verify a casino’s licensing status, follow these steps: 

  1. Scroll down to the bottom of the casino’s page. 

  2. You will typically find this license displayed at the footer of its website. If they have been awarded a license, casinos have no reason not to proudly display this icon on their platform. 

  3. Instead of an icon, you might also find text indicating this licensing information. 

  4. Take note of the license number, the issuing authority, and any other important information. 

  5. A link might also be available that will re-direct you to the website of the licensing authority in question. For further confirmation of its validity, simply click on this license to view all the information pertaining to it. 

Regulatory bodies such as the UK Gambling Commission and the Malta Gaming Authority are some of the most reputable gambling authorities in the industry.  

Their role is to ensure that online casinos are consistently adhering to the strict rules that they put in place, thus protecting the player from any potentially harmful threats. 

Ensuring Fair Play 

Another vital aspect of reputable gambling authorities is that they ensure fair play

Independent audits, such as eCOGRA Certifications, guarantee game fairness. The presence of these certifications gives the independent auditor’s seal of approval

These are integral to ensure the regulation of a casino’s gambling products, providing independent testing and evaluation

Check for the presence of these certifications on the gaming platform that you have chosen. These icons are typically proudly displayed at the footer of the online casino’s website. 

Skrill Fees and Limits 

Understanding Skrill Fees 

The rates and fees charged by Skrill differ according to the geographical location that you reside in. 

Below, you may find a summary of these various fees for deposits, withdrawals, and currency conversions, however, keep in mind that your specific situation might alter these values

Deposits

PAYMENT METHODS FEES 
Local bank transfer0%
Paysafecash2.50%
paysafecard5.00%
Global payment methods (Visa, MasterCard, ...)1.25%

Withdrawals

PAYMENT METHODSFEES 
Neteller3.49%
Card Visa3.99%
Bank Transfer€5.50
Skrill Crypto Withdrawals (via a merchant)0%
Withdrawing to Crypto2.00%
Global Payments (Swift)€5.50

Currency conversion fees

In addition to a foreign exchange fee of up to 3.99%, Skrill charges an exchange rate for currency conversions. 

The Skrill exchange rate that applies at the time of making the transaction will be used. Keep in mind that this value changes on a day-to-day basis

For more information regarding these currency conversion fees, visit the official Skrill website

Transaction Limits 

One of the benefits of the Skrill VIP Program is that the higher the level you reach, the higher the limits with which you will be able to make deposits and withdrawals. 

Below, you may find the transaction limits for Skrill users, however, according to the VIP level that you belong to, the payment method that you select, and the geographical location that you reside in, these limits will vary: 

Deposits 

There are several factors that will impact the transaction limits of your deposits on Skrill, and there is no singular value that players must adhere to. 

To check which transaction limit applies to you, follow these steps: 

  • Log in to your Skrill account. 

  • Click on the ‘Deposit’ button available in your profile. 

  • Select the payment method that you wish to utilize. 

  • Once you have inputted your details, you will be able to see the minimum and maximum deposit limits for the specific payment method that you have chosen. 

Withdrawals  

Here is a general summary of the typical withdrawal limits imposed by Skrill: 

WITHDRAWALS NON-VIP SILVER GOLD DIAMOND 
Daily ATM withdrawals€900€1,500€3,000€5,000
Daily point of sale withdrawals€2,700€3,000€5,000€10,000

To view the minimum and maximum withdrawal limits that apply specifically to you, however, you can use the same method that we described above: 

  1. Log in to your Skrill user account. 

  2. Click on the ‘Withdrawal’ button on your profile. 

  3. Select your payment method of choosing. 

  4. Enter your details and navigate to the next page

  5. This page will indicate the minimum and maximum withdrawal limits for your specific situation. 

Skrill VS Other Payment Methods 

Skrill VS PayPal

CATEGORYSKRILL PAYPAL 
Reliability✅ Very reliable platform that is easy to use✅ Accepted globally as a trusted payment method
Speed✅ Fast processing times ❌ Withdrawals are processed in 3-5 business days
Fees✅ Low transaction fees✅ Relatively low transaction fees
Security✅ Top-notch safety and security features✅ Top-notch safety and security features
Bonus eligibility❌ Often not eligible for casino bonuses❌ Not available at all casinos
Availability worldwide✅ Available in many geographical locations✅ Available in the most geographical locations
Availability in online casinos✅ Many online casinos accept it❌ Limited number of online casinos accept it

Despite being less widely accepted than PayPal, Skrill is a very trustworthy payment method provider that offers low fees and extensive security features.

The biggest difference between these two payment methods is their availability on gaming platforms. Whilst you'll be able to deposit and withdraw money with Skrill at many online casinos, the same cannot be said for PayPal.

This limitation, in addition to the fast transaction speeds that it provides, are the main reasons why players often choose Skrill as an alternative to PayPal.

Skrill VS Cryptocurrencies 

CATEGORYSKRILL CRYPTOCURRENCIES 
Speed✅ Fast transaction speeds✅ Very fast transaction speeds
Anonymity✅ Offers anonymity. Personal information is still required upon registration✅ Offers complete anonymity. No personal information is required
Security✅ Top-notch safety and security measures✅ Increased safety and security
Stability✅ More stable❌ Highly volatile
Transaction limits❌ Lower caps for deposits and withdrawals✅ High caps for deposits and withdrawals
Game selection✅ Game selection is more extensive since it is widely accepted at most online casinos❌ Game selection is more limited as not all software providers can support it
Availability in online casinos✅ Available in many online casinos❌ Available in fewer online casinos

Your choice between Skrill and crypto methods of payment ultimately depends on your specific gaming preferences.

With crypto, you'll be able to remain completely anonymous and make transactions that are processed almost instantly. Alongside these benefits, however, you will also experience the high volatility of this currency, the value of which fluctuates very inconsistently.

Fiat currencies on Skrill, on the other hand, are much more stable. Despite offering lower caps for deposits and withdrawals than crypto, Skrill is available on many more platforms and transactions are processed very quickly.

Skrill VS Neteller 

CATEGORYSKRILL NETELLER
Speed✅ Fast transactions✅ Fast transactions
Registration✅ Quick and easy account creation✅ Quick and easy account creation
Fees✅ Less expensive❌ More expensive
Security✅ Top-notch safety and security✅ Top-notch safety and security
Currencies✅ Offers more options for currencies❌ Offers less options for currencies
Availability worldwide✅ Is available in more geographical locations❌ Is available in less geographical locations
Availability in online casinos ✅ Available in most casinos✅ Available in most casinos

Skrill and Neteller offer very similar features, including fast transactions, excellent safety and security measures, and relatively low fees.

When compared to each other, however, you will see that Skrill's rates and fees are slightly less expensive than those offered by Neteller.

In addition to this, Skrill offers more currencies than Neteller, and is available in more geographical locations. For these reasons, it appears that Skrill's services are superior . Depending on your specific situation, however, you might draw a different conclusion.

Conclusion: Skrill at the online casino 

As is evident throughout this article, the Skrill e-wallet offers you a wide range of possibilities. If you like to make online purchases and don't wish to enter your personal information, this payment method will suit you very well. 

As a safe way to transfer, deposit, or withdraw money, it is no surprise why this method of payment has become so popular with players from all over the globe.  

If you'd like to make a deposit with Skrill at a reputable online casino, don't hesitate to play on the excellent gaming platforms listed in this article!

About the authorClaude Gillet
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