Here we look at Skrill bingo sites which is obviously those who accept Skrill deposits and withdrawals to play real money online bingo. The improvement of technology and introduction of Internet demanded new safe and fast ways of making payments and receiving money. One of the leading companies that offer this possibility to its customers is Skrill.
List of Skrill bingo Sites
Skrill is a company based in London, UK, that was rebranded in 2011 and it employs more than 550 people from 30 different nationalities. The mission of this digital payment provider is to be the number one choice when it comes to online money transactions. Currently, Skrill is used in 200 countries all over the world and it supports 40 currencies.
The good service, fast transactions and small fees are some of the reasons why Skrill succeeded to become well-known and is used by over 36 million customers. This company has high reputation and most of the time receives very favourable reviews both by account holders and experts in the field.
One interesting fact about Skrill is that the company was originally founded in 2001 under the name Moneybookers. Moneybookers was a real success with over 2 million registered users after being active on the market for only a year and a half. In 2010 the company was ranked as one of the fastest growing private businesses in the United Kingdom based on Moneybookers’ profits.
Nevertheless, in 2011 the managing team decided that the time for rebranding had come and Skrill was introduced to new and existing customers. After two years, in 2013 the process was completed and since then the company works exclusively under the name Skrill.
Skrill accepts credit/ debit cards transfers as well as direct bank transfers. However, before users are able to use their services, they have to register an account by providing e-mail addresses and personal data. Skirll users can transfer larger sums of money only after they complete an identity verification process.
In any case, Skrill remains one of the most convenient options for digital payments and money transfer. At the time of this writing, the company has a reputation of providing safe and secure transactions and also adapting to the needs of its numerous customers.
What is Skrill?
Just like PayPal, Skrill is an e-wallet which allows you to pay for goods and services online. Founded in London in 2001, Skrill which is owned by Paysafe Group Plc (formerly known as Optimal Payments Limited) allows users to make fast and secure payments and international money transfers through one digital payment system. By opting for Skrill as a way to play online bingo or casino games, you’ll instantly receive a security tool and fast currency conversions. From one free account, you can be playing games online in seconds and through an anonymous interface.
How Does Skrill Work Exactly?
To use Skrill, an account is required. A few minutes is all it takes to create a wallet which then brings all your payment details together in one handy and convenient place. Millions of users have chosen Skrill as they’re preferred deposit method and to join them, the first step is to provide your name, address, an email address and a password.
To combat money laundering, you’ll be requested to provide identification documents such as a passport or driving license, a process which is becoming common in the online gambling industry. There are options to join the VIP system which allows you to benefit from 100% money back guarantee – if you suffer a loss due to fraud. Plus, there are other perks thrown in too such as a dedicated account manager and lower transaction fees.
Regular users will benefit from free ATM and bank withdrawals; however, you’ll need to be spending big bucks. Playing online is fast, but withdrawals are slower. An internal process is done first which can take up to 3 working days and then the process of adding the funds to your Skrill account is done and this can take up to 24-hours. Fees are hefty to say the least despite the digital payment company’s claims of keeping them low. Using the payment service to pay an online retailer is free and receiving is free, but when it comes to playing online bingo and casino games, that changes.
The amount you pay in fees will depend on certain factors; the amount you are cashing out and how you wish to proceed. Most online gambling operators will not charge a fee for this service, but Skrill may. Transferring from your Skrill wallet to your bank will come with a 7.5% fee. When it comes to deposits, a fee of 1.45% is applied. In 2020, a new set of fees took hold, including fees for inaccurate or untruthful information, chargebacks, fees for withdrawals to payment methods not in your name, a cash upload fee and for incorrect transactions.
- 40 currencies supported
- 1-day verification time
- No fee when sending funds to a bank account
- Store funds securely
- Pay and get paid globally
- Only available in 7 languages
- A small deposit is required for verification purposes
- Charges for sending money
- Deposit fee of up to 7.5%
- Currency conversion fee of between 2.99% and 3.99%
- Monthly fee of £1 after 12-months
Frequently Asked Questions
What Are the Fees For Using Skrill As A Payment Method?
Using Skrill as a preferred payment method has certain fees; however, the fees are usually extremely low or at least lower than those of many other digital payment options. The total amount of the fee varies depending on the action; hence receiving money to your Skrill digital wallet is always free of charge. On the other hand, sending money has 1.0% fee of the total amount that is being transferred; nevertheless, the maximum sending money fee cannot exceed £7.94.
Uploading funds to your Skrill account using local payment methods is also free, whereas uploading funds via certain global payment methods can vary from 1.90% to 5.50%. Withdrawing fund from Skrill costs £2.34 regardless of the method you choose for the action. A free from 2.99% to 4.99% is added to transactions that include currency exchange. Additionally, Skrill will deduct £1 from your funds for not using your account longer than 12 months.
What Payment Methods Can I Use To Make Deposits and Withdrawals To My Skrill Account?
Skrill accepts several payment methods for making deposits and withdrawals to and from the users’ accounts. Some of the methods are free of charge, whereas using others can cost the user some money. The payment methods accepted at Skrill are divided into local and global payment options. The payment methods for uploading funds include direct bank transfer, Maestro, MasterCard, Visa, Discover, Swift, Paysafecard, JCB and American Express. When it comes to withdrawing fund, users can complete this action using their credit/debit cards, Swift or direct bank transfer.
Is Skrill Safe?
Using Skrill is safe and secure. The company meets the Card Industry Data Security Standards (PCI-DSS Level 1); this means that Skrill uses encryption to ensure users that their information is highly confidential and unreadable to potential intruders. Furthermore, Skrill is licensed under the Electronic Money Regulations 2011 as well as authorised by the Financial Conduct Authority (FCA). Additionally, the money transactions are done using the members’ e-mail addresses; therefore credit card details stay hidden to those who receive the money.
Which Bingo Software Providers Work With Skrill?
There are no bingo software providers that work exclusively with Skrill. The banking options usually vary from one bingo site to other bingo site. However, it can be said that many of Microgaming powered bingo sites (Dream Bingo, Betway Bingo) accept Skrill as payment option. Similarly, numerous bingo sites that use Gamesys (Virgin Bingo) software use Skrill. Some of the Virtue Fusion powered sites that accept Skrill deposits and withdrawals are Bet365 Bingo, Betfair Bingo and Ladbrokes Bingo. However, most of the Cozy Games bingo sites and Dragonfish powered bingo sites do not accept Skrill as a possible payment method.