Skrill Review

skrillSkrill is a digital wallet allowing you to make payments and send money online. Skrill is known as MoneyBookers until 2013, mainly used as a payment gateway by many gambling websites and e-commerce. Skrill can also be used for international money transfers to mobile wallets or bank accounts through a service called “Skrill It”.

Overview

While using Skrill It to send money to your friends and family abroad can be convenient for you, it is usually a very expensive way to send money. Skrill charges a 1.9% transfer fee (capped at €20, or equivalent) and takes a 3.99% margin on the exchange rates. The total cost of your transfer can therefore be almost 6% of the amount you are sending, and even more if you include the upload and withdrawal fees.

You can transfer money by paying with a credit card or some of the other payment options offered by Skrill (iDeal, Sofort or balance from your Skrill wallet). Your recipient can receive the money on their Skrill account, which they can then withdraw to their bank account. You can also send money directly to your recipient’s mobile wallet in several countries (mPesa in Kenya and Albania, MTN in Ghana, Indosat Dompetku in Indonesia, eSewa in Nepal, MobiDram in Armenia, Globe GCash in the Philippines, eZ Cash in Sri Lanka, M-PAiSa in Fiji and Airtel in Burkina Faso). You can also send money to anyone with a Skrill account simply by entering their email address. If the beneficiary doesn’t have a Skrill account they will be invited to open one, and they will then be able to withdraw the funds.

Skrill is owned by Paysafe Group, the people behind Neteller and the Paysafecard. It’s a fairly large group that focuses on all sorts of payment-related products.

Skrill transfer fees and exchange rates

As with most other payment methods, you will need to create an account with Skrill before you can use it. There’s no need to worry about this though, as the whole process takes a matter of minutes, and you are guaranteed to be accepted. What’s more, creating a Skrill account is completely free! You can then add money to this account using a credit/debit card, or a range of other options. Once you have money in your Skrill account, it can then be spent at any online gambling site accepting this payment method – which is most of them!

Upload fees

In order to transfer money with Skrill, you first need to upload money to your Skrill Wallet. You have a lot of options to do that, but the only free option is to use your bank account or a Maestro debit card. If you want to upload money to your account via other means, you will pay the following fees:

  • Rapid : 0.5%
  • Bitcoin: 1.0%
  • Sofort : 1.5%
  • Neteller: 3%
  • Diners Club, JCB, MasterCard and Visa : 1.90%
  • American Express: 2.5%
  • Paysafe : 7%

Transfer fees

For each transfer your make with Skrill, they applies a transfer fee of 1.9% of the amount you send (with a maximum of €20, or equivalent).

Conversion fees

If you send money to another currency, Skrill will convert the money for you, taking a 3.99% margin on top of their wholesale exchange rates.

Withdraw fees

For the recipient to withdraw the money from their Skrill account, they will need to pay a fixed fee of €5.5 or equivalent.

Customer Service & Support

Skrill’s help center is not accessible via the main site. You’ll have to Google “Skrill Help” to find it.

Once you get there, you’ll find a “Contact Us” page that you can use to reach out to Skrill via email or by phone. The email form has an option for prospective customers, which is always nice, and it has options for current users and users who have been locked out of their accounts for whatever reason.

There’s also a Twitter account dedicated entirely to customer support (@Ask_Skrill). The team is responsive, even if most replies are copy/pasted from a template.

Find The Best Skrill Online Gambling Site

With so many different sites accepting Skrill as a payment, how are you supposed to know the best one to play at? The answer to this question is a simple one: just look through the many different reviews of Skrill online gambling sites on this site, and then choose the one that you like the best. All of our reviews are completely honest and are written by expert online gamblers, and they all contain information on important factors like bonuses, games and security.

Skrill really is a payment method with so many different advantages, which is why it has become so popular with those who enjoy gambling online. From the high security levels, through to the more than reasonable fees, Skrill is a great choice for most. So, why not find a fantastic Skrill online gambling site and start playing for real money today?

Frequently Asked Questions

What is Skrill?

Skrill is one of the most popular e-wallets in the world. An e-wallet is a service that allows you to store money in a virtual wallet, and this money can then be spent at a wide variety of different sites, including many online gambling sites. Skrill can also be used to receive withdrawals from online gambling sites.

How does it work?

Skrill is really easy to use, and it starts with you opening a free Skrill account – a process that takes hardly any time at all. You can then fund this Skrill account using a credit/debit card, or many other methods. To spend the money, simply head to the banking section at your online gambling site, and use the Skrill option.

Do they allow online gambling transactions?

Yes, they certainly do allow online gambling transactions – if they didn’t, this payment method wouldn’t be offered at so many different online casinos, sportsbooks and poker sites. There are a few countries in the world where Skrill can’t be used at online gambling sites though, so check the terms and conditions before you sign up with them.

How quick are payments?

Deposits to online gambling sites made using Skrill are instant, as they are for the vast majority of other payment methods available. This means that you won’t have to wait to play the many different games on offer. It usually takes an online gambling site around two days to process a withdrawal request, however some now offer instant withdrawals to Skrill users.

How much does it cost?

Yes, you will have to pay some fees when using Skrill. The main one to know about is the fee for withdrawing money from a Skrill account, which varies from €3.95 through to €5.50. There is no fee when uploading funds to the site using a bank transfer, however there are fees for other methods. It is completely free to spend any money in your Skrill account.

Is it safe to use?

Yes, Skrill is incredibly safe to use. This is mainly because your banking details will never be shared with any other site, including the online gambling site you’re playing at, which means that they can’t be stolen during a transaction. They also use the highest level of encryption to protect their players, and offer two-factor authentication.

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