What is Skrill and How Does It Work?
The good thing about Skrill is you do not need a balance in your account, to start making payments. You can build up a balance and then pay it off later. This allows customers to manage their E-Wallet well.
Skrill is an online financial service, with an E-Wallet classification. It is a way of customers sending and receiving money from around the world online. Many industries accept Skrill as it makes digital transfers simple and quick to complete.
How it works is simple. Customers create an account by entering their personal details and registering a bank account for payments. From here you can deposit money into your Skrill account. With regards to betting with Skrill, customers can manage all deposits and withdrawals from their E-Wallet. A customers balance is viewable in their account with a list of every transfer in and out. Thus, allowing bettors to easily keep track of their spending.
Do All UK Bookmakers Accept Skrill for Deposits and Withdrawals?
There are very few bookmakers who still do not recognise Skrill as a valid form of payment. However, the majority of leading bookmakers where the Skrill logo will be seen. To find out if your chosen bookmaker accepts Skrill as a form of payment, go to their help section and then payments. Skrill should be there.
Are There Any Taxes when Depositing and Withdrawing with Skrill?
Depositing and withdrawing using Skrill is free. However, if you are to incur any charges, a notification will appear, as you complete the transaction. Taxes may be chargeable when you use Skrill to send money to other Skrill E-Wallets, or to email addresses. Likewise, this charge will be clearly listed as you send the money.
Skrill ensures that customers are not hit with any hidden costs. This is why any costs involved are clear on the website.
Are There Any Bonuses When Depositing via Skrill?
Skrill has an offers page on their website. This often lists a lot of exclusive betting offers available, at bookmakers who accept Skrill as a form of payment. Also, Skrill has a VIP programme for loyal customers. This bonus programme has different levels, from bronze to diamond. Qualification is based on a customer’s transactions over a specified period. The rewards can be lower fees to send money, priority uploads, quicker transaction times, lower caps on fees and free bank withdrawal fees.
So depositing at Skrill can give a customer good bonuses, as long as you use the service regularly.
Why Is Skrill a Preferred Method for Transfers to Online Bookmakers?
The main reason is that Skrill is very well known, safe, secure and trusted. The company has a loyal customer base who provide good feedback, and a high priority on customer care. Their transactions are quick and easy which leading betting sites prefer. The relationship built up by Skrill with all the betting sites is good. This shows that Skrill advertises betting offers at different bookmakers, on its website.
With Skrill being global, currency conversion is simple. This is very popular for betting sites who often operate in multiple countries, and with different currencies. It makes the whole subject simple!
Skrill is a great online financial service. Widely recognised by the top bookmakers and with very low, or free transaction fees. Skrill makes it easy to link your Skrill account, to your betting account and transfers are very quick and secure. The rewards given for being loyal, are also very attractive and makes you feel valued as a customer.
So if you wish to use bookmakers for all your betting needs, it might be worth setting up a Skrill account, to manage your transfers. You should find the website very user-friendly and will receive great customer support if you should need it.