Skrill was founded in 2001 under the name Moneybookers. It is a renowned electronic wallet that has millions of users across the world. In 2015, the payment system was purchased by Optimal Payments (parent company of Neteller) and was rebranded.
Most of the top online casinos accept both Skrill and Neteller. This page lists the best casinos which accept this payment method.
Benefits
Skrill, a leading E-wallet service provider, is available in more than 100 countries and offers real-time transactions. The service is backed by world class security and allows users to make deposits on casino sites quickly and easily. Skrill casinos usually offer generous welcome bonus for new players, and existing players can avail of rewards and VIP incentives.
Both Skrill and Neteller are known for their fast deposits and withdrawals. They are great for those who must move from an online casino quickly. Both casinos are regulated by the UK Financial Conduct Authority. You can be sure that your money is safe hands.
Both services have mobile applications that can be used while on the go. You can also link your eWallet account with a Visa Card, allowing you to pay at any location that accepts Visa. You can use your eWallet play at online casinos or bookmakers, as well as high-street stores.
Drawbacks
Skrill and Neteller have become the two most frequently used payment options for online casino players. Both are e-wallets offering fast, secure deposits and withdrawals on top gambling websites. Both offer welcome bonuses specific to each method.
However, both have their disadvantages, as well. Both services require users to verify identity before allowing access to their accounts. This can be a problem, especially for new gamblers who do not have a lot of spare time to spare.
Another disadvantage of both options is that they usually have higher costs than other withdrawal and deposit options. This is especially relevant when making international transfers. Both e-wallets are excellent options for casino players who want their gambling transactions to be as private as possible.
Reputation
Skrill and Neteller both have electronic wallets, so withdrawals and deposits at online casinos made with these methods are completed almost immediately. They are also renowned for their speedy processing of transactions. They are both the most well-known methods of transferring money between and from online gambling sites. They are prominently ice casino bonus displayed on regulated US, European, and UK casino websites.
Both are operated and owned by the Paysafe Group. They are alike in many ways, despite some differences. Both services are available in more than 40 currencies and support various kinds of accounts.
The primary distinction between the two is that Skrill has the capacity to hold more money than Neteller. Additionally, some casinos may not allow Neteller payments from bonuses (although this is becoming less prevalent). Skrill has an intuitive website that has a FAQ page. It also provides local telephone numbers. The Neteller website is less user-friendly, but it does offer a comprehensive help section with the most popular icecasino topics as well as frequently asked questions.
Legality
Both Skrill and Neteller are regulated by the UK’s Financial Conduct Authority (FCA). You can use them in a legal way to make a casino deposit. They also provide an additional layer of security, giving you to hide your casino account numbers from the merchants that you purchase from. This is a great way to safeguard your online gambling identity.
Although both e-wallets are alike in many ways, there are a few differences between them. For instance, Skrill offers higher limits and lower transfer fees than its competitor. Skrill is also available in more countries.
Neteller is on the other hand has a traditional design that can be confusing for new players. However, it is still a preferred choice for casino players as it is widely accepted. The only real disadvantage is that it isn’t accessible to players from the United States. Paysafe Group has decided to remove it from the market for reasons that are not specified.
