One of the most important aspects of account management for Skrill online casinos is putting together the right mix of payment methods for your needs. You want to be 100% certain that you have a range of convenient and straightforward methods of getting money in and out of your account at all times. At Casinova.org, we've put together a series of articles guiding you through the main casino account funding methods and this time around we're looking at Skrill in depth.

Previously known as Moneybookers, Skrill is an increasingly popular payment solution that lets you transfer money worldwide without having to expose your credentials or credit card details anywhere along the line. Due to its convenience and ease of use, Skrill is becoming an increasingly popular funding method at online casinos worldwide.

Let's kick things off with some background on the company.

A Brief History Of The Skrill Online Casino Payment Method

Skrill started life as a service called Moneybookers all the way back in 2001. It quickly made a name for itself as one of the leading early online payment providers and quickly acquired nearly two million users in its first two years.

By 2008, Moneybookers had expanded its range of operation to over 200 countries worldwide and the next phase of its expansion saw online giants such as Facebook, eBay and Skype starting to integrate its payment gateway. Moneybookers was officially rebranded as Skrill in 2011, by which time the customer base had soared to 25 million worldwide.

As part of a wave of consolidation in the online payments space, 2015 saw Skrill being acquired by Optimal Payments (the parent company of Neteller) with the Skrill Group itself also taking over UK competitor Ukash in the same year. Skrill has also been making inroads into the occasionally legally complicated US market. In 2014, it became the only officially approved digital wallet for use in online gambling New Jersey, and the United States is on Skrill’s list of supported countries since 2015.

Advantages Of Online Casinos That Accept Skrill

Using Skrill as a funding method brings a number of advantages with it. The first is simply the solid track record and size of the company itself. Skrill has been in operation for over a decade and boasts over 30 million users worldwide. By using Skrill as your digital wallet, you can be certain you're dealing with a reputable service that has been successfully used by millions of happy customers over the years across 200 countries and roughly 40 currencies.

Skrill is also an extremely betting-friendly payment method. You'll see Skrill prominently displayed as a payment option at leading online bookmakers and casinos such as Ladbrokes, Bet365, and William Hill - many of these providers also offer very attractive bonuses that are specifically linked to setting up Skrill as a deposit option. Skrill is also a standard payment option on most gaming and Forex sites.

A final set of advantages Skrill offers can be grouped under the heading of convenience. All your payment details are gathered together in one place, you can fund your Skrill account with any combination of credit cards or bank accounts that you wish, and fund transfers are pretty much instantaneous. You can even use pre-paid Skrill cash cards to withdraw from offline ATMs. And, for the high-rollers out there, Skrill offers an attractive VIP program with its own unique rewards and benefits. As one of the world's leading payment providers, Skrill has to hold itself to the highest standards of security and keep abreast of the latest technology. By using Skrill, you avoid having to share any sensitive financial details with any online casinos where you have an account. Any information that is transmitted using the highest standards of encryption and Skrill has also been vetted and authorized by the Financial Conduct Authority in the UK - to put it simply, your money is safe with Skrill.