Live Casinos accepting Skrill & Fees Compared

Skrill is one of the most popular e-wallets in the iGaming industry and used mostly by online poker and casino players. Thought we have also seen some eBay merchants accept it alongside PayPal as means of payments for goods. Anyhow, Skrill is owned and operated by PaySafe Group that also owns Neteller. The offerings between these two are very similar.

Their services are available in 201 countries with most of the customers located in central Europe and UK. They are also one of the few payment methods approved in the newly regulated New Jersey online gambling market.

Making Deposits With Skrill

Deposits are instant. You just choose Skrill as a method from the cashier, enter e-mail and password and you are done. Money is deducted from your balance and added to the casino account within seconds. It’s also possible to fund Skrill via a few third party methods – VISA, MasterCard, PaySafeCard, Trustly and Bitcoin are available together with an old fashioned bank wire transfer.

Making Withdrawals With Skrill

One of the main reasons why we use Skrill is the speed of transactions to and also from online casinos. Withdrawals are generally processed within 24 hours on working days, but some casinos like Royal Panda can be as fast as a few hours. Combined with having direct access to your Skrill balance by using the MasterCard, this makes for a great casino banking option.

Any notable restricted countries?

Players in the United States cannot use Skrill for transactions related to online gambling apart from New Jersey residents. Here you can deposit to Betfair Casino and other licensed sites using Skrill.

Great banking method overall, but can be a little bit expensive for non VIP account holders. They charge quite significant fees internally (transfers from 1 Skrill account to another) which we don’t think is reasonable.

Fortunately the VIP statuses are relatively easy to achieve and if you transact at least £15k in a quarter the fees will be waived. Below is an overview of the different VIP statuses offered by Skrill.