What is Skrill
Skrill is an eWallet payment. It is one of the most popular, trusted and widely used banking options in the online gambling industry. This payment gateway, digital wallet, prepaid card and PSP provider has been around since 2001 and is available worldwide, offering an extensive range of online payment and money transfer services.
Initially known as Moneybookers, Skrill is owned by the Paysafe Group and is a privately held company. It has 500+ employees worldwide and is headquartered in London, United Kingdom.
The Skrill payment gateway for businesses includes quick checkout, digital wallet, rapid transfer and shopping carts. With a single integration, you can enable over 100 local payment methods and manage over 40 currencies from a single account.
Top Software Providers that Offer Skrill
SoftGamings
ProgressPlay
Digitain
Soft2Bet
Slotegrator
Integration and Functionality
Integrating Skrill is a quick and easy process. It involves a single contract and a single API, which you can download from the site. If your intention is to obtain a Skrill account on your own and not via a casino software solution provider, you will need a Full Merchant Account as this will provide you with full use of their gateway capabilities, allowing you to receive and send payments. Another plus is that processing rates and fees are competitive.
Skrill is a payment provider that enables you to add 100+ local payment methods, including credit/debit cards, eWallets, instant bank transfers and other alternative payment methods. Examples of some of the alternative payments supported include Visa, Mastercard, Maestro, iDeal, Neteller, Paysafecard, Giropay, and mobile payment methods like Boku.
Additionally, for frictionless payments, you can add Skrill 1-Tap, which lets users make repeat payments with a single touch. Using Skrill 1-Tap makes it easy for users to deposit, even while they play because they do not need to re-enter their Skrill login info (email address and password) each time they want to play.
How to get a business account through Skrill
Applying for a Skrill merchant account is free and a fairly straightforward process.*
- Head to the Skrill website and select the “Business” section
- Click “Get a business account”
- Enter your primary email address to begin your application.
- Once directed to the business registration page, provide the following info: basic business, ownership and contact information as well as your website.
- Once your application is complete, it will be reviewed. You will be contacted if more info is needed.
- Once you’ve been approved you will be provided with a unique merchant ID that will allow you to connect your business with your Skrill account so that you can accept online payments.
*Note: The steps for applying and being approved for a Skrill business account can vary based on the business type. When you apply for a merchant account for online gambling, you can reach out to the Skrill team for guidance and they will provide you with an offer that is best suited to your business needs.
How Skrill functions as an iGaming payment solution
Skrill banking solutions allow for both deposits and withdrawals at iGaming destinations and there are typically no fees for players to make deposits or withdrawals using the Skrill eWallet. This, coupled with its ease of use and security, makes it a popular choice among players.
Additionally, Skrill’s alternative payment options make it possible to provide payments in over 40 currencies, allowing for easy localization. Examples of the currencies supported for those who use Skrill include: EUR, GBP, USD, AUD, INR, BDT IDR, KES, NPR, MYR, LKR, PKR, PHP, PLN, THB, ZAR, VND
What are the benefits for players using Skrill?
- Free & Easy Set-up – Players can create a free Skrill consumer account in minutes by following the instructions via Skrill’s website.
- Easy to use as an online casino payment – Players simply login to their casino account, head to the cashier, select deposit or withdrawal, choose Skrill, and enter the amount they wish to deposit/withdraw.
- Instant deposits and swift withdrawals – Players can deposit into their casino account instantly. Withdrawals are also quite rapid, usually taking up to 0 – 24 hours on average to process.
- No casino fees – Most casinos cover deposit and withdrawal fees associated with players’ Skrill funds transfers.
What are the drawbacks for players using Skrill?
- Players typically cannot claim welcome offers/promotions if they deposit using Skrill – Reasons for this include preventing bonus abuse, fraud and money laundering, and so that casinos don’t have to charge customers fees to use Skrill.
Countries Where Skrill is Available
Skrill is available in over 120 countries. Some of these include:
- United Kingdom
- France
- Portugal
- Poland
- Spain
- Netherlands
- Sweden
- Ukraine
- Russian Federation
- United States
Safety and Security
Skrill is a highly secure payment provider. It is FCA-regulated, fully PCI compliant and has strict anti-fraud and security standard protocols to prevent security breaches and payment card theft. The enhanced fraud and risk management that Skrill provides ensures that neither you or your players need to worry about the security of transactions while using this payment.
Additionally, businesses are provided with peace of mind with chargeback protection, which makes certain that payments are indemnified.
Customer Support
No matter where you are, or whether you’re a player or a business owner, Skrill’s professional support team is there to help you 24/7. Support is multi-lingual and you can get in touch via telephone, email and chat. There is also a very helpful FAQ section.
Skrill Fast Facts
- Type of payment method – eWallet
- Deposit available – Yes
- Withdrawal available – Yes
- Multiple currencies accepted – Yes
- Easy integration – Yes
- Popular iGaming regions for Skrill – Europe, especially the UK
Conclusion
Skrill is an excellent payment provider that is widely used and respected in the online gambling industry. Offering a secure eWallet solution and payment gateway, with top-notch support and competitive fees, this international banking solution is an ideal payment provider for many iGaming businesses, especially those keen to target players from the UK and Europe. Think Skrill might be the right choice for you? Get in touch today to discover the best way to integrate this payment method into your online casino business.
