Skrill payment system
Skrill is an online payment platform that is an alternative to PayPal. Recently, they have been competing strongly with each other. You may have used Skrill before, when it had the old name of Moneybookers, until what is skrill rebranded in 2011.
Skrill has established itself as one of the UK’s fastest-growing payment companies. It offers fees and commissions that are significantly better than PayPal. This policy of the company aims to capture the EU market, although in the process of competition it attracts customers around the world.
With over 30 million customers, the skrill premier continues to grow even today. We are confident that service prices outperform many competitors in this segment of the business from the outset, but there is always more to payment firms than pricing. So can Skrill live up to the promised price with services that will make it a true competitor to PayPal? Let’s find out.
Best skrill casinos UK
Skrill numbers speak for themselves
Skrill is today a major money transfer service (8.3 / 10) recommended by Monito. Skrill is very often the cheapest option for financial transactions and offers very competitive fees and rates (10/10), easy to use (8.5 / 10), fast (10/10) and is a long-established company that is trusted by large companies. the number of customers, which is confirmed by the number of positive reviews on TrustPilot (9.5 / 10).
Founded in 2001, log in to skrill is now owned by the Paysafe Group, a large financial holding company that provides online, in-person and other payment services. Skrill started as an e-commerce payment gateway specializing in gambling but has now expanded its services to include an online service that allows you to send money around the world.
Skrill Money Transfer.
Opening an account with skrill premier gives the user access to the services of the service, as well as to the Skrill wallet. Skrill money transfers are fast, easy and inexpensive due to very attractive prices, exchange rates and fees.
You can send money abroad using Skrill Money Transfer and make payments by credit card, debit card, SOFORT or bank transfer, depending on the location and currency you are using. The customer can choose to receive funds directly to their bank account, although a money transfer to a mobile wallet is also a popular option for users in some countries.
Skrill Mobile Apps Review
Skrill mobile apps have excellent ratings in the Apple App Store (4.5 / 5) and the Google Play Store (4/5). With skrill mobile apps, you can make online payments, send money abroad and exchange cryptocurrencies.
Sending money abroad with Skrill Money Transfer
Skrill Money Transfer allows you to send money internationally. You can transfer directly to the recipient’s bank account or mobile wallet. As a rule, to transfer money, the client only needs to indicate the recipient’s name, address and account details.
To use Skrill Money Transfer to send money abroad after skrill login, you can simply go to transfer.skrill.com and click “Start”. Alternatively, on the Paypal to skrill wallet website, click Submit, then Send from Bank or Wallet or Send to Bank Account in the Skrill mobile app.
We highly recommend using skrill customer service to send money overseas instead of Skrill to Skrill, which has poor customer reviews and is much more expensive, slower and less convenient.
How Skrill Money Transfer works
- Create a Skrill account
It only takes a few minutes to sign up for Skrill by entering your first name, last name, email address and password. That’s all.
- Verification skrill account (verification data)
To complete the Skrill account creation, you will need to verify your identity. This verification process may vary slightly depending on the location of the customer, but usually, the following documents must be provided:
- Personal information including full name, address, date of birth, and government identification numbers, such as social security or government insurance number.
- You may also need to answer several questions related to the operation of the service.
- You may also be asked to provide additional information to verify your identity, this may include:
- – A colour copy of your ids such as ID, driver’s license or passport
- – A photo of you holding an identity document next to your face
- – A document confirming the place of residence, for example, a utility bill or a bank statement issued within the last three months
- Set up the transfer by specifying the recipient’s details
After entering the amount and currency, you will need to specify the following information about the recipient:
- His full name and address.
- Bank code, which you can get from the beneficiary. In most cases, this will be a code (BIC), although in some countries the national bank code may be indicated instead.
- IBAN (International Bank Account Number) or Account Number: The IBAN is a series of alphanumeric characters that help identify accounts opened anywhere in the world. Some recipients may only have an account number depending on their bank.
- Country of their bank. The holding bank of your recipients’ account may not always be the same as the bank in their country of residence.
- Amount of payment
- Any link or message to the recipient.
- The reason for the payment, if applicable.
- Click “Submit” and wait for confirmation
Fund your transfer with your preferred payment method (debit/credit skrill card or bank transfer) and wait for confirmation that your transfer has already been sent.
Skrill money transfer fees, exchange rates and transfer times
Skrill does not currently charge any fees for transferring Skrill money to a bank or mobile money account overseas. Even if you choose to pay for the money transfer with a debit or credit card rather than your bank account, Skrill will not charge you any additional fees (however, if you are located outside the UK, your card issuer may charge you for a foreign transaction fee).
Safe and secure: can I trust Skrill?
Skrill is fully authorized, regulated and used by millions of customers for online payments, both domestic and international money transfers. Paysafe, the company that owns Skrill, has offices in more than 20 locations around the world and provides is skrill safe and reliable money transfers.
Skrill is recognized by regulators around the world, including the Financial Conduct Authority (FCA) in the UK and the Treasury Department’s Financial Crimes Network (FinCEN).
Skrill Money Transfer has an exceptionally high TrustScore of 9.5 out of 10 based on over 1200 customer reviews, with 97% of customers rating them as “good” or “excellent”. This is one of the highest ratings we’ve ever seen for a money transfer service!
The vast majority of skrill sign-in customers praised Skrill Money Transfer’s extremely favourable fees and exchange rate, ease of use, and speed of delivery. As usual, there were also those customers who were disappointed with the need to provide the documentation necessary to confirm their identity, who use a legal casino in the UK.
Types of payments in Skrill
- Simple Payments: Allows customers to make payments using only their email address and password, which will help you increase your sales.
- Instant payments: no need to wait for payments to be processed.
- One-touch mobile payments: Create an even faster payment system for mobile users.
- Card Payments: Skrill wallet can also process Visa and MasterCard payments.
- Local Payments: You can accept payments from a wider range of international customers using a card of their choice.
- Global Integration: Connecting to 80 major banks around the world.
- If your friends, family or acquaintances have a Skrill wallet, you can simply initiate a payment by entering their email address in the “Skrill to Skrill” field and clicking “Send” from your mobile or web application. Funds will be debited from your Skrill wallet. If they don’t have an account, they will receive an email with instructions for quick registration. Usually, Skrill to Skrill transfers is ideal for domestic payments. The maximum transaction limit when using this option is € 10,000 or the equivalent.
- You can choose fast bank transfers with Skrill Rapid Transfer ( skrill support more than 170 banks worldwide). A fast transfer is also a great way to instantly transfer funds to your Skrill account.
- For international transfers, you must select “Skrill Money Transfer” or play slot machines, which allows you to send international payments at a zero surcharge to the exchange rate (compared to the 3.99% currency conversion fee for “Skrill to Skrill”).
- You can activate instant Skrill 1-Tap payments for verified recipients.
- You can pay in online stores using your prepaid Skrill MasterCard.
- Verified companies can set up bulk payments for up to 3000 recipients using Skrill.
Regardless of which deposit method you choose to fund your account with a legal online casino in uk, you will be charged a commission for use (except in the US). Go to the “Deposit” section of your mobile or online account to find out about the commission fees associated with your chosen deposit method.
The skrill withdrawal time fee depends on the method. This is what it looks like in the eurozone:
- Withdrawal to a bank account – a flat fee of 5.50 euros.
- Withdrawal to VISA – 7.5%
- Withdrawal to a mobile wallet – 1.45% (min.0.50 euros)
- Withdrawals from ATMs with Skrill Prepaid Mastercard – 1.75%
Fee for sending money
Skrill usually charges 1.45% of the transfer amount for sending money to another Skrill account, but this can vary from country to country. However, direct transfers to bank accounts via skrill log in are free of charge.
Skrill also charges a 3.99% markup over the Reuters exchange rate if you use Skrill to Skrill for international payments or when playing free slot machines. Thus, in this case, it is better to use Skrill Money Transfer (no surcharge on currency rates).
How fast is Skrill?
Skrill doesn’t make much money from commission, but users still get high transfer rates. Both Skrill to Skrill and Skrill Money Transfer for domestic payments are largely processed very quickly.
International transfers using Skrill Money Transfer (available to both new and existing customers) and bank transfers controlled by Rapid Transfer usually take 2-3 business days.
Skrill also refunds money pretty quickly for failed transfers. In this case, the money will be returned to the wallet within 1-2 business days.
A client who is a member of the VIP club will receive the following bonuses:
- Lower rates: Lower fees for getting a card or opening a bank account – both are free if you make a transaction worth more than € 15,000 in a 90-day period.
- Higher Limits: Higher daily ATM limits for your Skrill Prepaid MasterCard, depending on the amount transferred.
- Fixed transfer fee: Pay no more than € 1 to send money via Skrill wallet.
- Additional bonuses: free skrill to PayPal security token, free ATM withdrawals, free MasterCard and other extras if you spend more money.
- VIP Support: 24/7 dedicated skrill live chat VIP support that you always have someone close at hand.
- Additional incentives: better rewards for legal entities that contribute more money.
Skrill certainly doesn’t offer the widest range of fast casino payout services compared to many companies, but it does have a unique system that makes payments incredibly convenient for your recipients or customers.
Transparency of sales and advertising
It is worth noting that skrill UK does not use third party merchants to promote its services. Instead, the firm mainly markets itself through its official website and traditional advertising. This strategy helps to eliminate customer complaints about misleading quotes, false promises, or aggressive sales tactics that other payment processors often use.
Review: pros and cons
- Wide availability (about 200 countries)
- Available for both individuals and legal entities
- Ability to work with forex accounts and online gambling.
- There is no flat transfer fee when you send money directly to a bank account
- Easily send money to an email address or phone number associated with a bank account
- Buy and sell cryptocurrency
- Offers prepaid card from MasterCard
- Convenient mobile application, which, as a mobile casino, is convenient to use anywhere
- Full use can be tedious
- Complex commission structure
- High currency exchange fees for international "Skrill to Skrill" transfers
Why is it convenient to pay with Skrill in online games?
If you often buy games on the Internet, then undoubtedly, skrill payment will become an irreplaceable assistant. Low commission, reliability and safety guarantee comfort from any purchases, including online games.
Skrill and casinos
It is quite simple and easy to deposit at skrill casino if you have a Skrill account. Most modern gaming platforms accept payments from the wallets of this payment system. In addition, some of the online casinos provide casino bonuses for replenishing a certain amount or to receive deposit bonuses.
Leave your feedback on your Skrill experience
Write to us skrill review how do you use this payment system, what are its advantages and disadvantages in your opinion?