Founded in 2001, Moneybookers was a popular payment option until it was rebranded as Skrill in 2011. It was the first e-money issuer in Europe to be FCA regulated and it is now used by millions of people in nearly 200 countries including Canada. Canadians who play at online casinos have most likely seen the Skrill logo as it is accepted at most of them. You can send and receive funds from your personal computer or you can do it while you are on the go using their iOS or Android app. Skrill also offers other products including the Skrill Card and Virtual Prepaid Card.
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Discovering the convenience and benefits of using Skrill begins by visiting their website and opening an account. You must be at least 18 years old and the registration process merely entails providing your name and email address along with choosing a password. You may then instantly fund your new Skrill account and make instant deposits at Skrill online casinos.
You will need to verify your identity and address before you can withdraw money from your Skrill account. To do this, upload a clear copy of the front and back of a valid driver’s license or the main page of your passport. Most government-issued photo ID bearing your full name, picture, and date of birth is acceptable. Confirm your address by uploading a copy of a utility bill, bank statement or any other documentation that shows your full name and current address. Not only does verifying your identity allow you to make withdrawals, it also increases your limits.
Canadians who use Skrill to deposit and withdraw funds at online casinos are familiar with how fast and easy these transactions are. When you use Skrill to send money, the recipient sees none of your sensitive information. You can instantly fund your Skrill account using a variety of methods including bank transfers, credit card, several other eWallets, and even Bitcoin. A processing fee of 1% up to $20 is levied on most of these transactions. Once your Skrill account has a balance, you can use that money to make an instant deposit at your favorite Skrill online casino.
Depending on which online casino you play at, Skrill withdrawals shouldn’t take much more than a day or two to process although some online gambling sites process them within a couple of hours. Once the cash has successfully reached your Skrill account, you can use it to make another online casino deposit, withdraw it or leave it alone and decide later.
Processing a withdrawal from your Skrill account to your bank account takes between two and five days using a bank wire while Visa withdrawals can take up to seven days. Those who have a Skrill Prepaid Mastercard can access their funds right away at selected ATM machines. A flat fee of €5.50 ($8.25 CAD) is applied to withdrawals to your bank account and 7.5% fee is charged for withdrawals to your Visa card. Withdrawals to other eWallets cost 1.45% and ATM withdrawal using your Skrill Prepaid Mastercard are subject to a 1.75% fee. On top of that, any withdrawal that involves currency conversion incurs a 3.99% fee.
You can get in touch with Skrill’s customer service team by email. You can also call them but they only answer phone calls between 8 AM and 5 PM GMT. Be sure to check out the extensive and informative FAQs if you have questions.
Your security is Skrill’s highest priority and they use a mixture of external and internal tools to scrutinize every transaction. For your safety, Skrill security will freeze your account if they see any suspicious activity. The site uses the same type of security technology as banks do. All transactions are secured using VeriSign certified 128-bit SSL encryption and the servers are protected by many layers of security including firewalls. Canadian need not worry about their safety and security when they use Skrill.