Home » The Ease and Security of Online Gambling Payments with Skrill – Gigslutz

The Ease and Security of Online Gambling Payments with Skrill – Gigslutz

The Ease and Security of Online Gambling Payments with Skrill – Gigslutz

Online gambling sites have boomed in popularity over the last decade. As more countries regulate and legalize online betting, millions of people have taken to the web to enjoy casino games, sports betting, poker and more at MFortune from the comfort of home.

However, security and reliability of payments has always been a major concern. Transferring money to and from gambling sites carries risks – from identity theft to unreliable processing times. Using digital wallets like Skrill alleviates most of these worries.

Skrill Leads the Way in Secure Online Gambling Payments

Originally launched as Moneybookers in 2001, Skrill is now one of the most widely-used digital wallets on the internet. Particularly popular for iGaming, Skrill gives users a simple way to deposit and withdraw money from gambling sites around the world.

With over 25 million accounts globally, Skrill processes over 40 billion euros a year for customers. Their electronic money institution license also ensures user funds are kept in segregated accounts for extra security.

For those who enjoy betting and gaming online, here’s why Skrill has become the top choice for managing your bankroll:

Fast and Reliable Transactions

One of the major frustrations with online gambling payments is slow processing times. Whether you’re trying to top up your account or make a withdrawal, delays can be a headache.

Skrill offers near-instantaneous transactions, meaning your money is available quickly. Deposits are processed in real-time, while withdrawals are typically completed within 24 hours. Some VIP users even benefit from 1-hour cashouts.

This type of speed means you can move money on or off a site easily. No more waiting days or weeks for a transaction to clear.

Low Fees for Transfers

In addition to fast processing, Skrill also charges lower fees than traditional payment methods like bank wires or money orders.

  • Deposits are free for all users
  • Withdrawal fees start from just 1.5% per transaction
  • VIP members get reduced commissions as low as 0.5%

Considering the global average for payment processor fees is around 2.9%, Skrill gives you serious savings versus conventional options. This means more money stays in your account.

Skrill Fees for Account Holders

User Level Deposit Fees Withdrawal Fees
Standard 0% 1.5%
VIP Bronze 0% 1.0%
VIP Silver 0% 0.75%
VIP Gold 0% 0.5%

Highly Secure Accounts and Data

Of course, low fees and fast transactions aren’t very useful if the payment processor itself isn’t safe and secure. Skrill uses industry-leading protocols and encryption to protect user accounts and information.

Specific security features include:

  • PCI DSS validation to handle credit card data
  • 256-bit SSL encryption for all data
  • Password and 2-step verification to access accounts
  • No storage of customer bank details or financial data
  • Segregated account funds separate from operational money

Skrill also achieved an “AA” rating from payment security company PCI Pal in 2020. Considering the billions processed by Skrill annually, it’s clear they take online security extremely seriously both internally and for customers.

Gaming and Betting Partners Worldwide

One of the other big benefits of using Skrill for learn more gambling transactions is their expansive list of gaming partners. Most major betting sites and online casinos around the world accept Skrill payments.

Whether you enjoy sports betting, poker, slots or other games, there’s a good chance your preferred gambling company already works with Skrill. That means seamless integration for managing your bankroll.

Available Across Devices and Platforms

Another useful feature of Skrill digital wallets is accessibility across all major devices. Whether you prefer gambling from desktop, mobile or tablet, Skrill has apps and platforms to support you.

Manage your account and payments with Skrill via:

  • iOS apps
  • Android apps
  • Mobile-optimized web access
  • Windows desktop client
  • Mac desktop client

This omni-channel experience makes depositing and withdrawing easy no matter where you’re playing from.

Fast Account Setup with Multiple Currencies

Finally, getting started with a Skrill wallet account only takes a few minutes. Simply provide some personal details, verify your email address and you’re ready to go.

Accounts also support over 40 global currencies, including:

  • US Dollars
  • British Pounds
  • Euros
  • Australian Dollars
  • Brazilian Real
  • Polish Zloty
  • Swedish Krona
  • Indian Rupee

You can hold multiple balances at once or easily exchange money between currencies via your account dashboard.

With some of the fastest payouts plus low fees, extensive security protections, huge gambling partners and global accessibility, Skrill ticks all the boxes for managing your real-money play. Sign up today to improve how you fund gaming across the web’s top online betting and casino sites.