South African Online Casinos Accepting Skrill

Skrill, previously known as Moneybookers, is a third party payment processor ( they also acquired Ukash). This means that they are officially a customer of the banks, who then provides payment processing for businesses and other bankers. Between its inception in 2001 and being removed from Canadian and American markets in 2008, Skrill was an extremely popular online casino banking method.

Now it has become less so. One excellent advantage of Skrill is that all your private banking details are kept private. Skrill does not hand over banking details to the online casino, therefore giving players a much greater sense of security. Not only this, but you do not require a password, but rather a security question to access your Skrill account. This adds a greater layer of protection to your privacy.

Setting up a Skrill account is free, and can be done straight from their website. There is no cost involved until you want to access your account for deposits and withdrawals. Before beginning to bank with Skrill, you need to deposit money into your account.

Deposits can be made with ease. Making sure there is enough money in your Skrill account is essential to being able to make withdrawals. Because Skrill is not a banking institution, your money can be left there indefinitely but will never earn any interest. Therefore, if you are directing large payments into your Skrill account it is probably worth withdrawing at least some of the money and placing it into a traditional bank account in order to watch your money grow.

Money can be withdrawn from your Skrill account simply by selecting Skrill from the list of withdrawal facilities on the gaming website, entering the withdrawal amount and waiting for completion of the transaction. Skrill promises that your money will be available immediately, so question any casino that says you will have to wait for your payment.

There really does not seem to be any obvious negatives when it comes to using Skrill to fund your online gambling.

1. To make deposits with Skrill you have to open an account on the Skrill official website. Once you have set up your e-wallet, top it up via supported payment options. Return to the casino of your choice and visit the Cashier.

2. Choose Skrill as a preferred means of payment by entering the Deposit tab.

3. Enter an amount you want to send from your Skrill e-wallet to your casino account and press the Next button.

4. You will be redirected to Skrill checkout where you have to provide your email address and password to complete the payment procedure.