E-wallets have recently become very popular among gamblers. It’s no wonder, as their main advantages are mainly their simplicity and speed of transfer. There is a constant competition among e-wallets to determine which one is the best, and we decided to get to the bottom of it. Since we place great emphasis on payment methods that can be used in online casinos, we also focused on e-wallets. At the moment, the Skrill payment method is up next.
Where can Skrill be used?
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What is Skrill?
The company Skrill was established in 2001, so it has been on the market for some time, and it used to go by a different name. You might remember Skrill as Moneybookers. The Skrill e-wallet works like regular internet banking. Simply top up your account, which you have already created, with money from your payment card and you can happily pay online and of course in online casinos. You can use the Skrill e-wallet either through your browser or you can download a unique app to your mobile. However, the Skrill app does not provide a direct gateway between your bank account or credit and debit card to the online casino. You must first top up the Skrill e-wallet with money and then use it to pay.
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Skrill VIP program
Even e-wallets nowadays can offer loyalty programs for their users and the Skrill app is one of them. Let’s take a look together at what benefits await you for loyalty to this payment method. The Skrill app loyalty program has 3 levels – Silver, Gold, and Diamond. You advance through the levels by holding money in your account for a certain quarter, and if you meet the conditions in the next quarter, you are promoted to a higher level. To reach Silver level, you need to hold funds worth €15,000 or more in the quarter. To advance to the Gold level, you need to manage funds worth €45,000 or more, and for the Diamond level, you need to operate with more than €90,000. Once you reach the given level, you can expect rewards such as a multi-currency account option, a personal account manager, priority bank deposits, 24/7 support, reduced fees, reduced exchange fees, and a Skrill MasterCard. Participating in this loyalty program really pays off.Skrill and cryptocurrencies
However, Skrill is not just an ordinary e-wallet, and in addition to participating in the loyalty program and using the virtual card, you can also buy cryptocurrencies directly in the app. You can buy over 40 types of cryptocurrencies, which you can then manage directly in Skrill.Frequently asked questions
1️⃣ How is Skrill acceptance for bonuses in online casinos?
This question is very tricky because there is no clear answer to it, but in many cases, it has happened in online casinos that although they accept the Skrill payment method for deposits and withdrawals without any problems, deposits are not always usable for certain bonuses. Therefore, it is extremely important for players to carefully read the terms and conditions of the bonus they want to pursue and find out if deposits via Skrill are excluded from the bonus.2️⃣ Are there fees associated with Skrill?
You may encounter some fees in the Skrill app. Basic money deposits are not charged, but there is a surcharge for currency conversion, sending money to another Skrill account, or depositing into Skrill through other wallets like Paysafecard or Sofort Banking.
3️⃣ What is Skrill MasterCard?
You can also get a physical and virtual MasterCard linked to your Skrill account for free, which works on the principle of a reloadable (prepaid) card. The advantage of the card is that it is accepted worldwide – everywhere that accepts MasterCard. You can even add it to your GooglePay or ApplePay and pay via phone.
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