Skrill Banking Option for Australian Players

Skrill is an online payment processing company that was formerly known as Moneybookers. The owner operator of the service is Skrill Limited, which has its headquarters in the UK and is regulated by the Financial Conduct Authority (FCA) and licensed to run its business in the European Union (EU).

A leading developer of online payment solutions in the world, Skrill has been enabling customers to make quick, safe, and secure online payments right from 2001. Australian customers can use Skrill to load their online gambling accounts, send money to loved ones, and pay for a variety of goods and services online.

Skrill has offices not only in the UK, but all over US and Europe. They employ more than 500 people worldwide.

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How Skrill Works

Skrill is a digital wallet that allows individuals to use a simple email address to make anonymous payments at online stores and gambling sites. Consumers may have to reveal their credit card and financial details to Skrill while loading their Skrill accounts. But they do not have to reveal any such detail to online merchants or online gambling sites.

Skrill also offers a prepaid MasterCard, which consumers can use to move funds to foreign countries at local rates, earn rewards, and grab special discounts. While consumers can get a Skrill account free of charge, they will have to pay monthly fees if they remain inactive on Skrill for over 12 months.

Skrill’s prepaid MasterCard can be used at any place that accepts a MasterCard, and that includes over 35 million outlets and 1.9 million ATMs. Consumers do not even have to undergo credit checks to receive this card.

History of Skrill

Skrill was launched as Moneybookers in 2001 and became the first electronic payment processing company in Europe to be regulated by the Financial Conduct Authority (FCA) in 2009.

In 2010, the company partnered with eBay to issue its prepaid MasterCard. The same year, the company began rebranding as Skrill to expand and improve the product. In 2013, it completed its rebranding process and got ranked as the fastest growing private company in the UK. The following year, Skrill acquired PaySafeCard and Ukash.

Today, Skrill is one of the most reliable and trustworthy online payment processors in the world, having millions of customers in over 200 countries and supporting over 40 currencies.

Advantages of Using Skrill for Australian Players

The advantages of using Skrill to load one’s online casino account are many.

Complete control – Players can easily control their financial transactions through an online account and even use a prepaid card to withdraw their winnings from any ATM supporting MasterCard.

Accepted at all leading online casinos – Being an extremely popular payment option, Skrill is accepted at almost all leading online casinos. Since Skrill has over 10 years of industry experience, people prefer using Skrill to load their gaming accounts.

Instantaneous – Skrill payments are safe, secure, anonymous, and instantaneous.

Banking with Skrill

Skrill is an electronic wallet. This means players can use it to store their money and then use this money to pay for goods and services online.

To use Skrill, players should first get a Skrill account and load it using their credit/debit cards or any other method supported by Skrill. Next, they should sign up at any online casino that accepts Skrill deposits. The next step is to login to their accounts, visit the casino cashier, and select Skrill as their preferred banking method. They should then just follow the prompts, inputting relevant details whenever necessary. The funds will be instantly transferred from their Skrill accounts to their online gambling accounts. Winnings can be withdrawn to Skrill accounts just as easily.