Gamblers in Canada are always looking for the best payment methods when it comes to online casinos. Bank transfers, prepaid vouchers, and cryptocurrencies are all popular choices, but e-wallets top the list when dealing with online casinos, and Skrill is one of the best. Over the years, Skrill has built its reputation as a reliable and secure payment option with amazing features for its customers. There’s more to tell about Skrill, starting with its history and foundation.
Skrill History
Skrill is known for being a safe, reliable, and easy-to-use payment option falling under the category of e-wallets. It first opened its doors in London under the name Moneybookers in July 2001, and by the time it relaunched as Skrill ten years later, it had amassed a customer base of more than 25 million. In 2015, Skrill was bought for €1.1 billion by the company that owned Neteller.
It has continued to grow since then and now boasts over 36 million users across the globe. Though it has a large Canadian customer base, the company’s headquarters remain in London. In 2018, it showed itself to be a leader in the field of digital payments by introducing transactions via cryptocurrency, and in 2021, it rolled out a crypto-to-fiat withdrawal option across Europe. Even though Skrill has moved into other fields, such as trading and e-commerce, one of its main focuses is online gambling.
Features
Skrill has some great features for Canadian customers all of which make transactions easier and safer. When it comes to payments through this e-wallet platform, not only do they accept all major debit and credit cards, but you also get real-time and instant payouts. Users have complete peace of mind in terms of safety, as the service has fraud protection tools and a two-factor authentication process in place. The service uses something called data tokenization, where all sensitive information is replaced with a non-sensitive counterpart called a token. This system prevents third parties from accessing any of your personal or banking data.
Where Can You Use Skrill?
When it started, Skrill was mostly used for e-commerce and sellers would use the platform to receive payments. Slowly, Skrill expanded its usage and tapped into the online gambling market. It was quickly picked up and players found it convenient to use Skrill. However, the question remains, do casinos accept Skrill in Canada? The answer is a resounding yes!
Even though Canada has strict gambling regulations, more and more casinos started entering the market and Skrill was one of the top payment methods that players went for. So if you’ve been looking for online casinos with Skrill, there are plenty of them and you can be sure of fast and secure transactions.
Advantages of Skrill
There are even more advantages when it comes to using Skrill. The fact that it offers services in more than 200 countries and works with 40 different currencies is a fantastic perk. Some online casinos even offer bonuses to players who deposit with Skrill.
For all users, customer care is offered around the clock. Skrill also charges less in fees if you use your debit or credit card to deposit cash into the digital wallet (around 1.9%). If these factors aren’t enough to convince you, then how about the fact that the company has a VIP program? Here, you get access to an exclusive VIP support line, higher transaction amounts, and lower fees. It’s perfect for high rollers who play often.
Disadvantages of Skrill
Some disadvantages are that your cash may take longer to clear if you fund your Skrill online gaming account using a method other than a credit or debit card or a bank account. You needn’t worry about delays, though, if your e-wallet is loaded. Withdrawals from your casino account into Skrill usually take anywhere between 24 and 48 hours for players in Canada. Another thing to keep in mind is that casinos may impose fees and deposit and withdrawal limits when using Skrill.
How to Use Skrill Guide
Creating a Skrill account is quick, free, and can be done in a few easy steps:
- Visit skrill.com and select “Register” from the menu in the top-right corner of the page.
- Specify your first and last names, your country, and the currency you will be transacting in. Your account will be set up after you provide your email address, pick a password, and accept the terms and conditions.
- From the menu on the left side of the page, select “Deposit.” You have a choice between a credit or debit card transfer or a manual bank transfer. To ensure your security, complete the verification process.
- Visit the online casino you want to play at, and go to the cashier. Choose “Deposit” then enter the desired deposit amount, and select Skrill as your payment method.
- A Skrill dialog box will pop up where you’ll have to login and approve the transaction. After you confirm the details, you can initiate the transaction and you’ll receive your funds immediately.
- The same procedure must be followed to withdraw money. Select Skrill as your option, then follow the same steps.
