Whenever you visit an online casino and are looking to sign up, one thing that you will definitely look for is the range of payment methods the casino supports. There are of course other payment-related elements you will check for – the efficiency of payments, the speed of withdrawals, and more – but the first thing you will check for, because the payment method logos are listed on the home page, is the range supported. One payment method that you will see featured on the landing page of almost every recognized online casino across the world is Skrill.
There are many reasons for the huge popularity that Skrill enjoys among players across the world and definitely among players from South Africa. The most stated reason is that it is available for both depositing and withdrawing funds. Add to that the fact that it is easy to use and guarantees fast transactions and the reasons for its popularity become apparent.
Skrill is a very popular e-wallet that was founded back in 2001. At that time the company was known as MoneyBookers. It gained popularity instantly at that time, so much so that it was acquired by Investcorp Technology in 2007. A rebranding exercise followed and the new name chosen was Skrill, with the company name being changed to the Skrill Group.
The popularity of Skrill has resulted in massive growth and more acquisitions, including the 2013 acquisition of PaySafeCard and the 2014 acquisition of what was then the most popular prepaid voucher at online casinos in the UK – Ukash. Skrill is licensed by the UK’s Financial Services Conduct Authority.
One look at the data we have collated and you get an idea of how big this payment method is and how popular as well:
Almost every online casino across the world, and most definitely the ones that accept South African players, support Skrill as a payment method. While vetting online casinos to put on our list of casinos worth playing at for South African players, we definitely test them for payment support and Skrill features as a payment method in all of them. The following are the top casinos supporting Skrill.
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Welcome Bonus Package | Play Now | Deposit | Software | ||
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R500 Free Coupon : NDC500 |
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R350 Free Coupon : 350NDC |
+ | R10,000 Free | Play Now | ✓ | Multi-Software 400+ Games |
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R100 Free On Registration |
+ | R5,000 Free | Play Now | ✓ | Playtech 310+ Games |
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R100 Free Coupon : SAC100P |
+ | R15,000 Free | Play Now | ✓ | Multiple 1000+ Games |
Skrill is popular among South African players at online casinos for a number of reasons. We list the top reasons for its popularity below:
To use Skrill to make payments and withdrawals into and out of your online casino account you must first have a Skrill account of your own. Opening an account is simple and easy:
Once you have opened your Skrill account you are required to add either your bank account or your credit card. This is necessary to be able to fund your Skrill account smoothly and transfer funds from and into it. This is one area where it differs from e-wallets like NETeller: NETeller does not make it mandatory to add an account at the time of signing up.
To deposit funds with Skrill, you must first ensure that your Skrill account has money in it. You can fund your account from the bank account or credit card that you had to link to your Skrill account at the time of registration. Remember, signing up with Skrill is free. Of course, there will be a transaction fee for using Skrill. You can find out about the fees per transaction from the customer support team at Skrill or at the casino you are registered with.
Transacting with Skrill at your online casino is a very simple and easy process.
Most online casinos accepting South African players allow you to use Skrill to withdraw funds as well. All you have to do is visit the Banking or Cashier section of the lobby, click the Withdraw button, and choose Skrill as the preferred withdrawal method. The remaining process is the same as for depositing funds.
The difference is in the time taken; withdrawals are longer because of the verification process that the casino has in place to approve the withdrawal request. Once the withdrawal is approved, the money reaches your Skrill account quite fast. At some casinos it reaches your Skrill account in just 24 hours. Once the money reaches your Skrill account, you can transfer it to the account or credit card linked to it.
Skrill offers you numerous advantages. It is one of the most popular e-wallets in the whole world and enables quick, reliable, and completely secure deposits and withdrawals. The fact that it has more than 36 million users currently speaks volumes about its popularity.
Skrill and NETeller are both e-wallets and very popular. There is not much of a difference when it comes to speed, security, and efficiency of transactions. However, Skrill has a better multi-level VIP program compared to NETeller. Another difference is that Skrill requires you to add a bank account or credit card mandatorily during sign-up; NETeller does not have that mandatory requirement during sign-up, though linking your bank account or credit card makes it easy to deposit and withdraw funds into and out of your account.
Skrill is a highly secure and reliable payment method to use. It uses advanced security technology like 128-bit SSL encryption and Two Factor Authentication and is also Verisign certified.
You can use Skrill to transfer out your winnings from your casino account to your Skrill account, and from there you can transfer it to your bank account or credit card.
Signing up for Skrill is free. However, there is a transaction fee, the maximum cap for which is R100, for using Skrill. You can check for the actual fee by contacting the customer support team at Skrill or at the casino you are playing at.