Since 2001 the payment provider Skrill has been transferring money online, which includes the processing of online gambling transactions. Before 2011 Skrill had been known as Moneybookers. The rebranding was carried out with the purpose of improvement of the company’s image involving new services intended for mobile devices. And as the result its name has been changed to Skrill. Now it is regarded as one of the largest and most reputable companies of the world offering simple, safe and fast payment processing. Its great recognition is proved by over 36 million customers in more than 200 countries including Australia. Among its rivals they define such payment services as PayPal or Neteller.
In order to join Skrill one is expected to sign up on the website of the company and create his own online wallet. The money kept on this wallet can be used to make deposits at an online casino as well as to effect other payments within the Internet. Trusted by its customers Skrill is very convenient allowing moving funds anytime and anywhere providing only email address and password. Its priority is security of transactions that is why it keeps personal and financial information of its customers safe. Skrill imposes a range of fees, which can be regarded as the reasonable price for the service of high quality.
One should use Skrill because it is simple. The only information expected from the player to specify is username and password. Comparing to Visa or Mastecard one should not get a card and fill a card number consisting of a lot of digits and other required personal and financial details every time he initiates a transaction. Besides, the card details are necessary only to create account on the Skrill website and stored only there without mentioning at various online casinos.
Advantages to using Skrill:
Disadvantage to using Skrill:
Once Aussie has registered on the website, he should load some funds to the Skrill account using credit and debit cards or any online bank transfers. Only having real Australian dollars in his Skrill e-wallet he can fulfill the financial transactions. When a player enters the cashier section at the chosen online casino, he should find Skrill/Moneybookers logo and click it to make payments. First of all he will be required to enter Skrill identification number, secure ID number, and the amount intended for depositing. Such a quite long way is only when the very first deposit is made. Each further transaction is processed much faster because there is no need to reenter the above mentioned information as far as it is stored on the website. Thus, depositing with Skrill takes a few seconds and the money appears on the casino account immediately after confirmation of the given information. Withdrawals require more time and will take about 48 hours.
Skrill guarantees not to disclose financial and personal data to any third party unless its owner gives his consent to disclosure. The payment transactions are processed in compliance with legislation and all data are protected in a proper way. The system takes industry-leading physical and electronic security measures to be able to provide high level of defense.