Along with the arrival of gambling sites came the need for an online payment solution. Players are required to transfer funds electronically to the gaming site and hence they needed a secure and convenient method for online transactions. This led to the establishment of e-wallets. Moneybookers also known as Skrill is one of the e-wallets available to online casino players. It helps you transfer money between your bank account and your online gaming account.

Paying through the gambling site and receiving money from them is easy. You just need to choose the Skrill e-wallet in the cashier section of your online gaming account and enter your log-in information along with the amount you want to transfer. Once you confirm the transaction, the transfer will take place immediately.

How to Use Skrill?

Registration: First and foremost create an account with the e-wallet. It’s simple, quick and free of cost. Visit the website, enter the details that are asked and you will have an account in a couple of minutes.

Deposit into the e-wallet account: To use the payment facility at the gaming site, you need to first fund your e-wallet account. Go to the payment service site, login into your account and then click on the ‘Upload Funds’ option. You have two payment options. Either you can directly transfer funds from your bank account or you can use a debit/credit card.

Credit/Debit Card Verification: If you wish to use your credit/debit card then you have to visit the ”My Account” section. You should click on ”Profile”, choose your credit/debit card from the options given, such as MasterCard or Visa, and click on ”Manage”. You will be asked to give the details of your card after which a routine verification procedure will take place.

Skrill will deduct a small random amount from your account and you need to provide the precise deducted amount information to verify your card details. The deducted amount will appear in your account after the completion of the verification process.

Deposit via Bank Transfer: If you want to avoid the hassle of credit/debit card verification, go for the direct bank transfer payment option. You need to ask your bank to deposit money directly into the Moneybookers’ bank account. Mention your customer ID in the reference field of the transaction.

Withdrawal from Skrill: If you choose to withdraw money through a bank transfer it will cost you € 1.80 per transfer. If you request a check, you will have to pay a fee of € 3.50. The fees for using credit/debit card to withdraw money from your account is € 1.80. You can only use a Visa card for this option.

Benefits of using Moneybookers

The deposits and withdrawals of your gaming site take place almost instantly by using this payment option. You can avoid revealing your credit card information if you use Skrill to make payments to your gaming account. It accepts payments in multiple currencies, providing a convenient online payment solution to online wagerers.