The e-wallet service formerly known as Moneybookers has been around for some time, but it was only after they rebranded themselves as Skrill that they established themselves as one of the better payment providers around. Skrill can commonly be seen battling Neteller and PayPal for the title of top dog; this article will show you just why that is.
Skrill is ubiquitous and easy to use, but we’ll show you even more reasons why online casinos and gamblers everywhere are now using it. So grab yourself an offer from one of the deals listed below and stay tuned as Slotspool.com guides you through the ins and outs of Skrill.
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It’s probably safe to say that most of you reading this article enjoy casino gambling quite a bit, and why not? The genre is unique for offering hours of entertainment at as much or as little risk as you want. The introduction of the internet has enabled casinos to expand and innovate in ways never before imagined, and gamblers today have the kind of choices that were inconceivable as little as 25 years ago.
This article does not aim to speak about the entertainment online casino sites like to offer. What we’re discussing here is the financial side of things. A lot of online casinos are so focused on offering new games and new promotions that they forget to make it easy to manage your money and withdraw your earnings. While the sector has made quite a few advances in recent years, a lot of online casinos still lag behind in offering a versatile range of online payment options. The big names in the industry have got things right, and a big part of what they have done well is in offering top-quality payment providers that make it easy to manage your funds without the hassle of fees and clearing times. This is why Skrill is fast becoming a standard across the online casino industry.
History of Skrill
While Skrill’s popularity is a relatively recent phenomenon, the service itself was actually created back in 2001 under the name of Moneybookers. Originally conceived as a platform for sports betting enthusiasts, Moneybookers soon rebranded itself as Skrill and focused its efforts on offering an easy-to-use payment platform that could be used to transfer large sums of money across international borders. It position within the United Kingdom made it well suited to expand its influence throughout Europe, but now it can be used all across the world.
Before Skrill’s establishment as the standard for international casino online platforms, sending money overseas could be an expensive and time-consuming process. The lack of proper security protocols and adequate regulation made it a dangerous thing to do, and falling prey to scammers and hackers was an ever-present risk. The former owners of Skrill recognised the opportunity to change this state of affairs, so Moneybookers was rebranded as Skrill to emphasise its newfound change of direction.
Skrill did what no other payment provider did at the time – it offered support for over forty kinds of currencies, with countries from every continent being represented. Even players from the United States can use this service. With over two million customers and growing, Skrill has proven that it is a cut above the rest of its competition.
Why should you use Skrill?
Everything in the casino industry boils down to money. Some less scrupulous payment platforms take advantage of this fact and make it unnecessarily difficult to process deposits and withdrawals. Both players and casino online sites are constantly competing to find the best platform, but a lot of platforms know that they can get away with sub-par service and superfluous red tape. Skrill does not impose such barriers on its users, which is why Skrill is offered almost anywhere you go. Even casinos that don’t offer a wide range of payment providers will provide Skrill. Some places even offer a bonus for its use too, which only works to sweeten the deal.
Another lynchpin in Skrill’s popularity is the fact that it can be used for so many things. In this respect only PayPal can match the sheer versatility and flexibility of Skrill’s interface. The biggest advantage Skrill offers over other platforms is that it can be used just about anywhere in the world. Shortly behind it is that it operates with most kinds of online gambling formats – slots, sports betting, retail, and more all work with it seamlessly.
Lightning fast speed
While expediency of service is commonly taken for granted nowadays, a lot of online payment providers still impose a whole bunch of unnecessary waiting times when attempting to make a deposit (or worse, a withdrawal). Skrill makes it easy to access your money whenever you want it, and most financial transactions are performed instantaneously. If a casino online is insistent on forcing your hand makes you wait, Skrill usually has one of the lower waiting times. When compared to other platforms, Skrill can’t be beat when it comes to ease of use.
Reliable and secure
We’ve come a very long way from the days of the 1990s, when security was nearly non-existent on the Internet. Nearly every online payment platform takes at least one or two steps to guard against theft and DDoS attacks. What is not equal is in how they approach the topic of security. Skrill stays ahead of the curve by integrating every major advancement and innovation in security technology as they come out; all of your financial information is encrypted, and everything else is well protected under several additional layers of security. This makes Skrill one of the safest payment platforms around.
Perfect for everyone
Now where would we be if we failed to address the ease-of-use concerns some people have? Skrill does not assume that its users are well versed in computer technology – everything is designed so as to make it as simple as possible to get in and out. Once you have your account, all you have to do is sign in, link it to your favorite online casino(s), initiate a transaction, and you’re done.
How to use Skrill effectively
As you’ve likely gathered by now, a lot of online payment providers require you to have a more sophisticated understanding of finances and computers to fully use their software. That being said, Skrill is designed by professionals for the average user. Once you sign up for an account, simply click the link sent to your email account for verification. After that, you’ll be asked to link a form of payment to your account – this can include (but is not limited to) your bank account, a credit card, and a debit card. Link your Skrill account to your online casino’s account and you’re good to go! This entire process only takes a few minutes, and its simplicity is a big part of why people are switching to Skrill.
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Direct bank transfers had the edge when the Internet was a lot less regulated than today. Modern technology has rendered the need for this type of cash transfer obsolete, given that there are a multitude of better, safer, and easier methods to transfer money between different places. Skrill represents one of the best uses of Internet technology to make managing your finances easier than ever. With few fees, a gentle learning curve, and easy accessibility, what reason do you have NOT to use Skrill? Sign up for an account at one of the casino sites Slotspool.com has listed above and see what all the hype is about!