All-in-one service to manage your betting budget, Skrill is an e-wallet with a whole host of benefits including security and speed.
Skrill Review
Pros and Cons of Skrill
- Security – Skrill employs security measures like 2FA, fraud monitoring, and 128-bit encryption to keep your information safe.
- Speed – Support for instant deposits and withdrawals means your payments are completed quickly.
- Convenience – No keying in lengthy card details, just log in with your email address and password.
- Availability – Skrill is widely supported at online casinos and betting sites.
- Mobile app – Easily manage your money and account on the go.
- Prepaid card – Spend your account balance with the Skrill prepaid card.
- Bonus eligibility – Skrill and other e-wallets are often excluded when claiming welcome offers.
- Fees – You may have to pay small charges when withdrawing your Skrill balance to your bank account.
Frequently Asked Questions
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Yes. Skrill is a legitimate digital wallet service, authorised and regulated by the Financial Conduct Authority as an issuer of e-money (registration no. 900001). The FCA regulates the conduct of financial services and markets within the UK. As long as you’re playing at a licensed casino site, Skrill is 100% safe to use.
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Yes, Skrill is very secure. The service uses SSL technology and 128-bit encryption to ensure personal and transaction details are kept safe. Skrill accounts use two-factor authentication to prevent unauthorised access, and there’s also round-the-clock monitoring to protect users against fraudulent transactions. On the casino side, many users prefer e-wallets like Skrill as they won’t have to share any bank details with the casino.
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Yes. Skrill is one of the fastest payment methods around, with your money arriving within an hour of the casino processing your withdrawal request. Keep in mind that most online casinos take up to 24 hours to process withdrawals, limiting how quickly you can receive your money via Skrill.
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Yes, Skrill does have some fees. The most notable are related to moving money to and from your Skrill account — the amount depends on how you do so. For example, deposits to your Skrill wallet are free with debit cards, but withdrawals come with a fee up to 3.99%.
There’s no admin fee for using Skrill, as long as you log in or make a transaction every six months. Otherwise, a €5 (or equivalent) charge will be deducted from your account balance every month.
Contributors
James is a Content Writer and casino expert at TopRatedCasinos.co.uk, joining us in 2021 and totting up two years’ experience in the online gambling space so far. He who regular contributes in-depth guides and reviews for the site, alongside editing and refining copy. He regularly tinkers with different elements of TopRatedCasinos to make it even better for our users, and has a hand in designing some of the new features we add to the site. Outside work James is a guitarist, all-round music enthusiast, and distance runner.