Skrill is thought of as the perfect match in terms of a deposit method for many online casino players. The e-wallet was seemingly designed to facilitate the transfer of small sums at internet casinos. However, while Skrill is known across the globe for being one of the big go-to payment methods for players to deposit funds at online casinos with, Canadian players have sometimes opted to go with alternatives options. Let us take a closer look at the internet casino deposit option to see why they may wish to change their mind…
What Is Skrill?
Skrill is an e-wallet. While Skrill users can apply for a prepaid MasterCard, which is linked to their Skrill balance, the overwhelming majority of Skrill users opt to deposit funds at online casinos using nothing more than their e-wallet. As an e-wallet, Skrill naturally allows you to link the wallet with your bank card and to upload funds. You can then deposit those funds using the e-wallet at online casinos. One of the biggest perks with this method is that it allows you to keep your bank account details confidential from the casino. Moreover, Skrill was once commonly thought of as one of the cheapest and fastest e-wallet options in the internet betting world. Over the last two years, fees and charges have started to appear.
Is Skrill Accepted at Canadian Online Casinos?
Skrill has a huge global presence in the online casino world, but its appearance at Canadian casinos is somewhat mixed. Some online casinos in Canada used to accept Skrill but now don’t. In most cases, these tend to be the online casinos which are licensed by the UK Gambling Commission. Others fully accept Skrill and even prefer it if you deposit funds into your account using this fast and hassle-free method.
How to Deposit Funds Using Skrill
Depositing funds at Canadian online casinos is a doddle, provided your chosen casino accepts Skrill. Here is what you need to do:
First and foremost, you need to sign-up for a Skrill e-wallet. This process is free of charge. After opening a Skrill wallet, you should link a bank card with your account, so you can easily upload funds to it. It also helps if you verify your account and card, as this entitled you to larger transaction limits.
Armed with funds on your Skrill account, you can start depositing at online casinos. Here is how to do that…
- Visit your Canadian casino’s banking or cashier page
- Select Skrill from the options available
- Enter your desired sum to deposit
- Log-in to your Skrill account on the next screen which appears
- Confirm the transaction
Your money should immediately arrive in your casino account
How to Withdraw Winnings Using Skrill
Skrill can be used to withdraw casino winnings, and it is one of the fastest banking options around for this function. Before withdrawing, ensure that you have fulfilled any outstanding wagering requirements on bonuses and that you have enough money in your account (within the casino’s limits) to cash out.
- Next, head to the casino’s banking/cashier page
- Hit or click “withdrawals”, then select Skrill
- Enter the desired amount to withdraw
- Verify and confirm the transaction when promoted
Skrill transactions are usually processed immediately. The only delay may occur if you have not fulfilled the wagering requirements or have breached your casino’s withdrawal limits, as mentioned above.
Fees and Transaction Times
Depositing into your Canadian casino account using Skrill is instantaneous. You will have your money in your casino account in mere seconds. Withdrawals are a different issue, but still mightily fast. A Skrill withdrawal will be processed immediately (following your casino’s pending period), and you should get hold of your winnings in your Skrill account in a matter of a few hours up to 1-2 days. If you wish to transfer the money on from your e-wallet to your Skrill account, that can take an additional 2-5 days.
Skrill is not totally free of charge. Depositing money into your Skrill account will see you charged a 2.50% fee. To withdraw money from your Skrill account to your bank, you will be charged $7.98. It costs nothing to send money to an international bank account using Skrill Money Transfer. Receiving money from another Skrill user costs nothing.
The Pros and Cons of Using Skrill at Canadian Casinos
Before you decide to use Skrill at your favourite Canadian online casino, there are a few things you should know. Here are the pros and cons of using Skrill to deposit online.
Super Fast: Skrill might cost a bit more than it used to, but it is still one of the fastest internet casino deposit and withdrawal options you can find. Deposits always arrive instantly when using this e-wallet to top up your casino account.
Ideal for Online Gambling: Skrill is a service which openly makes itself appealing to online gamblers. Some of its features are designed to make it stand out from the pack, and it is commonly used by many people associated with the gambling industry in a non-player capacity.
Purchase Cryptocurrency: Skrill features its own cryptocurrency exchange. If you want to dabble with cryptocurrency while maintaining the option of a FIAT currency e-wallet, then Skrill could be appealing to you.
Mobile-Friendly App: Skrill has a mobile-friendly app. This one-touch method of payment allows you to deposit (and withdraw) funds with Skrill at the touch of a screen.
The Fees: Skrill has started administered fees for many things. This is not ideal when the payment method used to be near-enough free. Moreover, the fee structure is quite complex.
Limited Support: If there was one area where Skrill really lets down its users, it is customer support. You can obtain assistance via telephone, e-mail and an e-ticketing system, but there is no live chat option, and many of the support staff at Skrill are often less than helpful when it comes to resolving issues.
Find Top Skrill Casinos for Canadian Players Today
Skrill is a payment method which was made for the online casino world. If you want to get started at Skrill-friendly online casinos today, you have come to the right place. At CanadaOnlineCasinos.com, our team has put together an impressive list of Canada’s best online casino sites. All our recommended sites are secure, safe, licensed and accept Skrill at one of their top deposit options. We would start there.