Best Online Casinos that Accept Skrill Payments in 2020

Skrill's path to fame among payment systems for casinos & beyond

Founded in 2001 by Daniel Klein and Benjamin Kullmann under the name of Moneybookers, Skrill was almost instantly plunged into a fight for supremacy in the online payments niche.

In 2007, the brand was sold to Investcorp Technology Partners. After this, Moneybookers began to actively expand and reached a customer base of 25M people and 150K businesses, including online casinos, eCommerce sites, and popular trading platforms by 2011. A year earlier, it was named the fastest-growing enterprise in the UK. Just after that, the company announced the rebranding and entered the market under a new name — Skrill.

In February 2013, Skrill purchased Paysafecard, a service that allows consumers to buy prepaid vouchers and then use them to buy goods and services online.

In March 2015, Optimal Payments, the parent company of Skrill's rival Neteller, acquired the Skrill Group for €1.1 billion. The acquisition was completed in the third quarter of 2015. Later that year, Skrill purchased Ukash, a former competitor of Paysafecard that previously merged with the service.

Skrill is known as one of the most crypto-friendly services. Crypto exchanges often feature it as one of their deposit methods, while the company established its own crypto gateway for people who want to buy cryptocurrencies and hold an interest in them in 2018. Now the gateway also supports Bitcoin, Ethereum, Litecoin, and some other tokens, which you can seamlessly exchange within the platform's interface. Thanks to this, you can use Skrill as a payment method in online casinos that accept cryptocurrencies as well.

Skrill's pros and cons as a casino payment method

Except maybe credit cards, Skrill is the most popular way to pay in online casinos. But is it the most convenient payment system for all players? Let's find out Skrill pros & cons as a casino payment method. Major advantages of Skrill for casino players are:

• Multi-layered security. With an e-wallet, you never share your bank details with the online casino. Skrill adds an additional layer of security to your transaction: it's SSL-encrypted and requires only the number of your wallet for the payment to be conducted.
• Very competitive deposit fees. You pay less money to deposit it to Skrill compared to Neteller (see the table below) and many other wallets.
• Fast deposits and withdrawals. This applies to both internal operations and fund transfers to and from Skrill online casinos. Compared to credit card transactions, where you can wait several days for your winnings, Skrill delivers money to your account in 24 hours max.
• Wide acceptance. Skrill is available in 100+ countries and accepts 40+ currencies, not to mention several cryptocurrencies.

Even though these advantages seem quite attractive to choose Skrill to make your first casino deposit, there are some drawbacks you have to consider first:

• Still not as widely accepted as credit/debit cards. Visa and Mastercard are still the most widespread payment options for online casinos. It's highly unlikely yet possible that a random casino you found on the web won't accept Skrill.
• High withdrawal fees to credit/debit cards. To withdraw funds from Skrill to your credit card, you have to pay a 7.5% fee, which is extremely high. Don't confuse this with Skrill casino deposits and withdrawals — these are free.

Neteller vs. Skrill

Since the PaySafe group acquired both services, the two share many common advantages and shortcomings. However, differences between them still persist. We compiled a table to help you choose the best option for you.

For transactions involving currency conversion, Skrill adds a fee of 3.99% to their wholesale exchange rates. The exchange rates vary and will be applied immediately without a notice to you.

How to use Skrill in online casinos

Skrill is simple in use just like other e-wallets. To pay with Skrill in an online casino, you have to follow these simple steps:

1. Sign up for Skrill by entering your email address and required personal details. Specify your country and preferred currency.
2. Skrill will send you a verification email. Check your inbox and follow the link to verify your Skrill account.
3. Add your deposit method to put money into your Skrill account.
4. Register in a suitable Skrill online casino and choose Skrill as your deposit method.
5. Pick the right sum and top up your casino account with Skrill.
6. If the casino you chose offers bonuses to players who deposit with Skrill, you should be able to use this opportunity to get some extra funds to play with.

The withdrawal process is very similar. You have to request a withdrawal on the respective page and choose Skrill as your casino withdrawal method.

How to choose the right casino that accepts Skrill deposits

We've gathered the best casinos with Skrill payments in our "Recommended" tab. These websites have already established their good reputation and have a great variety of games in their collection.

However, if you want to see all the options available on the website, go to the "All" tab. It displays the whole collection of casinos that accept Skrill. Users seeking newer casinos with favorable conditions and some lucrative promotions can go to the "Newly opened" tab, where we have all the recent Skrill casinos emerged on the web. Lastly, the "Big brands" tab shows you only the largest and most popular casino brands with Skrill payments.

More demanding users can also apply numerous filters to find the right Skrill casino for their precise query. For example, you can filter out Microgaming casinos that accept Skrill at the same time, or look for Skrill casinos that welcome players from the specific country, whether it is the UK, Australia, or Canada.

Overall, here is a good guide on how to choose an online casino. Check it out if you're doubting your choice and need some help.