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Skrill Online Casino Payment Option Australia
Skrill has been an electronic wallet payment option at online casinos for a long time. Earlier it was known as Moneybookers. When the company expanded its operations it changed its name to Skrill. Skrill also offers a prepaid card. We list below the top Australian online casinos accepting deposits through Skrill.
Skrill Payment Option
Skrill is known as an alternative payment system at Australian online casinos. It was earlier known as Moneybookers. The main product of Skrill relevant to online casinos is an electronic wallet. It serves like a virtual bank account. You can open the account through a simple registration procedure from the Skrill web site. Then you can transfer funds into your Skrill account through your regular bank account, via credit cards or transfer from another online source. You can transfer funds from your Skrill electronic wallet to online casinos and also to other online merchants. Players will have two main advantages using Skrill to deposit at Australian online casinos. Your credit card or bank account details will only be with Skrill and not with the various online casinos at which you play. You can also withdraw your winnings to your Skrill account thereby eliminating the receipts from online casinos through checks. If you have excess funds in your Skrill account you can transfer to your bank account.
You need not have any concerns about using Skrill payment option at Australian online casinos. The company is regulated by the Financial Conduct Authority, which imposes stringent conditions on its operations and oversees compliance. Skrill maintains sufficient liquidity to cover all deposits with it therefore you can withdraw your funds any time. Skrill uses the latest SSL protocols to ensure that the financial transactions are conducted in a secure environment. Apart from its electronic wallet, Skrill also offers a prepaid card that can be used online where Skrill is not accepted and also offline at retail outlets.
Deposits Using Skrill
If you want to use Skrill to deposit funds at your Australian online casino, you should select it as the payment option while registering. After logging in you must access the cashier, select Deposits and click on the Skrill icon. If you do not have a Skrill account, you can open one from within the casino client the first time you are depositing funds. If you have a Skrill account you enter your e-mail address, Skrill password and the amount you wish to deposit. Click deposit and confirm the transaction. The funds will be credited instantly in your online casino account. You can check for the minimum and maximum deposit limits at the banking page of your online casino.
Withdrawals Using Skrill
The process for withdrawal using Skrill is similar to that for deposits. At the cashier of your Australian online casino you select Withdrawals instead of Deposits. The withdrawal can take up to two days because of processing time. Remember that you can withdraw only from your cash balance and not your deposit balance. The minimum and maximum withdrawal limits will be given on Banking page of the web site of your online casino. Most Australian online casinos link these limits to your VIP status. Players with higher VIP status will be allowed greater limits.