Skrill Casinos

With the slogan "make it. Move it. Send it. Spend IT. "Displays Skrill already, as one positions itself as a payment service provider. Fast, simple, short and short - that should be the modern transaction of money.

Skrill is a payment service, which now appeals to millions of people, is used in well over 150 countries and whose annual revenue has been far exceeded a few years ago the 300 million-million mark. With transaction volume of almost 13 billion euros, the service provider is one of the most famous and most used e-wallets today.

Impressive numbers for a payment service provider that was founded in 2001 by two young entrepreneurs with a great vision. What Daniel Klein and Benjamin Kullmann would not have dreamed of at the time is the success that the company would have within just a few years. Reason enough for us to take a look at the payment method that has become an indispensable part of the everyday life of countless customers.

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The payment service provider at a glance

As already mentioned, Skrill is a payment service provider that was founded almost 20 years ago. But what is actually behind this payment method?

The principle

Skrill is a so-called e-wallet and thus belongs to the payment services that work online. Unlike credit cards or bank accounts, Skrill is therefore not as an electronic wallet depending on a bank institution. The service allows payments over the Internet and sending money between users worldwide in a variety of currencies.

Innovation and enhancements

In addition to the core business as Simple E-Wallet, Skrill was able to significantly expand his portfolio in recent years and has recorded further functions in the program. Among them, for example, the option to buy and sell crypto currencies such as the well-known bitcoin over the Skrill account. Furthermore, there is now a prepaid mastercard with which you can pay everywhere where Skrill itself is not offered as a payment option.

This is how deposits and withdrawals work using Skrill

But now to the most important point for everyone who is interested in the payment service provider: How does the money get into the e-wallet so that it can be used for payments on the Internet quickly and without major detours? In today's world, customers want a payment service that is quick and easy to use. Can Skrill fulfill these wishes?

If you want to deposit money into your Skrill account, there are various options available, which in addition to traditional bank transfers also include various credit cards or other online payment methods such as Klarna, NETELLER or Trustly. The top-up is done very easily online in your own account area.

Withdrawing money from Skrill to your own checking account is possible, but it will usually be an expensive proposition. Nevertheless, the process also runs through your own account area using the input mask provided. It makes more sense to only use the service if you also want to use the money received online for payments or bank transfers abroad.

The account opening explained

Opening an account is extremely easy and completely free of charge, as you would expect from a successful e-wallet. After all, you don't want to scare off customers with fees or complications before the first .

In the first step of the registry, enter only name, e-mail address, country, currency, and password. The account will then be confirmed and opened via the e-mail address. However, you still have to specify a few more data and confirm your phone number or e-mail address via a one-time valid code. Then you can get started immediately with the use of the payment service.

How to fund your Skrill account

The handling of the electronic wallet is so simple and clear that deposits are child's play. The steps to be taken to top up your Skrill account with credit differ depending on which payment method you want to use and are explained in detail on the provider's website.

There are basically 2 options that you can use to transfer funds to your Skrill account:

  1. Perform a deposit on the account
  2. Got money sent

For example, transfer friends to your Skrill account, it appears within a few seconds and can then be used immediately from you for expenses. If, on the other hand, if you want to recharge my money, is of course that possible, simply just about a debit from your bank account, by credit card, Klarna, Trustly and various other methods.

Withdrawals at Skrill

Credit, which is on your Skrill account, you can use for payment on the Internet. This is the most commonly used option. However, if you do not want to use it for online purchases, you can also transfer the money yourself directly to your bank account. But attention! In this case, you must say goodbye to the idea that the e-wallet can use free of charge.

You have probably already suspected it: If you pay out money directly, there are not inconsiderable costs. We want to take a closer look at these costs and all other fees that may arise when using Skrill in the next section.

Are there any fees for using Skrill?

The question of whether there are fees for the use of Skrill cannot easily be answered with a yes or no, because the provider generally advertises free use and at least theoretically this is also possible. In practical use, however, you will hardly be able to avoid paying fees. Why is that?

Quite simply: Who at online retailers, Games platforms or the like to pay with Skrill, you need credit in your electronic wallet. In order to transfer this there, a deposit is required - and it is not always free. However, the fees for customers from India are in most cases around 1%.

With payouts, however, significantly higher fees of several percentage points may apply. A good reason to only add as much money to your Skrill account as you are likely to spend on online payments.

Can Skrill be used mobile?

Of course, SKRILL also offers the possibility of mobile use as a modern and globally successful company. For this, own apps were developed for both iOS and Android, which are provided to the customer free of charge. With these applications, you can carry out all the usual transactions on the mobile device without problems and pay at any time on the Internet.

Bonus offers if you use Skrill online

One way to gain new customers and increase the popularity of their own brand are bonus actions and promotions. Of course, you also know that at Skrill. In the use of the E-WALLET, you can not only on uncomplicated payment transactions, but also attractive bonuses, even look forward to a complete loyalty program.

The two most interesting aspects of the bonus offer from Skrill we want to see each other in detail now.

Bring friends, get money

If you, as a Skrill customer, recommend a friend directly, you can pick up a small gift from the provider. Word of mouth advertising has proven to be one of the most effective marketing tools for companies and can therefore be beneficial for both the operator and the customer, something that is apparently also known at Skrill.

The service provider receives a new customer - you will receive 15 euros. A simple deal on which most users of the E-WALLET love themselves. After all, this offer does not incur no costs and hardly any circumstances, especially if friends or acquaintances are interested in interested solely for the payment provider.

Knect: The loyalty program for Skrill customers

While friends advertising at banks and e-Wallets represents a well-known bonus offer, loyalty programs in this industry have so far been established. Skrill shows itself as a pioneer and has developed a system with KNECT, with which you can develop advantages through the regular use of the payment service provider.

An ideal offer for everyone who already intends to use Skrill regularly and in a variety of ways. Given the growing number of businesses we all do online and the wide availability of Skrill, that's hardly a problem.

The advantages of KNECT: By using the payment method alone, points are collected, which can then be exchanged in bonuses or even cash. Apart from the unique activation you do not have to do anything!

How safe is Skrill?

With so many positive points regarding the use, the various advantages and the many fans of the provider, one could quickly lit to open an account without first judging the security. But that is important to avoid! Because security is always available for all money transactions, especially in online money matters.

Happiness that you do not have to have fears in the use of Skrill in terms of safety and seriousness. The service provider is subject to regular checks and will be regulated by the company headquarters in the United Kingdom, from the Financial Conduct Authority.

Safety from the point of view of data protection

Another essential point that we would like to make regarding the security of Skrill is data protection, which is becoming more and more important for users in everyday life. We all know that companies and especially large corporations are very interested in our data. The advantage of paying on the Internet using Skrill is that no bank details or other sensitive information is passed on to the recipient. An advantage that should not be underestimated, but one that is unfortunately only rarely available today.

Everything you need to know about Skrill in a nutshell

We would now like to summarize the most important information about Skrill:

Together with the easy handling and the very small fees, the image of a reputable and safe provider, which has developed a place under the top online financial service providers.

Information about payment service provider Skrill
Company name Skrill Limited
Headquarters London, UK
regulation Financial Conduct Authority
founding 17. June 2001.
founder Daniel Klein and Benjamin Kullmann
CEO Siegfried Heimgärtner
Supported currencies 42
App Yes, Android and Apple
Fees for buyers No
Fees for sellers And

Our conclusion: These are the advantages and disadvantages of using Skrill

Skrill can actually convince in many ways. This is also shown by the impressive success numbers, the successful company history and the millions of users that there are now. But as with all payment service providers, whether online or offline, there is always a downside of the coin. These disadvantages must be considered as well as the positive features that speak for the provider.

Free online payments possible
Free money transfers to bank accounts abroad are possible
Simple and safe handling, also mobile
Widely used in online events
No indication of account information in payments
Prepaid Mastercard from Skrill Available
Loyalty program and bonus actions available
Also suitable for crypto currencies
Fees may apply for deposits
Not accepted with all online merchants
Can lead to the exclusion of bonus actions when using gambling platforms

These alternatives exist

Anyone who is not completely convinced of Skrill and would like to see alternatives to this payment provider, which can turn to other electronic purses, for example. The most famous are well here NETELLER (Meanwhile, however, under the same umbrella organization of the Paysafe Group stands) and PayPal. Also completely different payment options such as cash cards or electronic bank transfers such as Klarna or Trustly can be considered.

But as with Skrill, the same applies to all other payment service providers: There are advantages and disadvantages everywhere.

frequently asked Questions

Can I use Skrill to pay at all online retailers?

If the merchant accepts Skrill as a payment service provider and is therefore a partner of the company, payment is very easy and problem-free. If this is not the case, you can still pay using Skrill if you have opted for a prepaid Mastercard from Skrill.

Are there any fees when using Skrill?

Online payments at merchants who accept Skrill are free, as are transfers to international bank accounts. The account itself is also free of charge. However, fees may apply when depositing and withdrawing funds to the Skrill Account.

Can I also send money to friends with Skrill?

Yes, that is possible, now even if you only know the recipient's email address or mobile phone number.