Skrill is a leading e-Wallet that lets you store funds online in one single account. You can transfer cash from a bank account, prepaid voucher, or credit card and store your money in one verified Skrill account. Those funds can then be used to buy goods or fund an online gambling account.
Skrill has been a popular choice for online casino players for years because it is cheap, quick and reliable. It’s also totally anonymous as your bank or card provider need never know who the money is going to.
If you are playing at legal and regulated casinos in the US, you won’t find too many that accept Skrill. Most legalized New Jersey and Delaware casinos will accept secure e-Wallet alternatives like NETELLER and PayPal, however.
To set up a Skrill account, visit www.skrill.com and register your account. You will be assigned with a special Skrill ID which can be used when you make a casino deposit.
With an e-Wallet set up, you can transfer cash from cards or checking accounts into your Skrill account. Bank transfers are free, but an ACH payment costs 6% of the balance. Loading cash from a credit card carries a 2.9% fee.
A fee of 1.9% of the transaction amount is charged when you send funds. This is capped at $20, so if you are sending a lot of money it won’t sting too much.
Watch out for currency conversion fees as well. If you are sending funds different to your usual currency, there is a 3.99% currency conversion fee added. In general, the casino won’t charge you to use Skrill.
It is possible to withdraw using Skrill too. Head to the casino Cashier and select the Skrill option from the menu. Withdrawal limits can be lower than traditional cards, around the $5,000 mark.
If you have PayPal or NETELLER account, as well as Skrill, you can transfer cash from your Skrill account to one of your other e-Wallets. You will have to move cash to your bank account first, then back into a PayPal account. You can then use your PayPal funds at an online casino.