Skrill casinos are becoming popular among players in NZ, due to the speed and security of transactions. Since Skrill’s inception more than a decade ago, online gambling has been the company’s primary focus. Our experts dive into this and review the ease of finding NZ casinos that have this payment option and how effective and safe their transactions are.
Since its inception in 2001 as Moneybookers, Skrill has developed enormously. According to a report from 2010, the firm was the most rapidly expanding private equity-backed company overseas. In 2011, Moneybookers served 25 million customers and over 120,000 businesses, a considerable increase over 2010.
Skrill is an e-wallet service, much like you get when you play Paypal casinos. To use this payment option, you will need to create an account with Skrill and deposit money into the account by bank transfer, bank card, or a prepaid option such as a Neosurf voucher. When the funds are available on your Skrill account, you can use it to make payments to any gambling sites that accept it as a deposit method.
When you use Skrill or any other e-wallets to make a payments to a gambling site, you don't have to provide your personal bank details. This is some welcome news to those who have played at NZ instant bank transfer casinos, due to gamblers' constant fears about theft or identity fraud, many of whom have experienced it previously.
Now, it's important to note that while Skrill itself doesn't charge you transaction fees for depositing money into your casino account, the casino site itself does get charged from Skrill. This means that, more often than not, they will pass these charges onto their player. Depending on the casino operator, these charges will be anywhere from 0.5% up to 2.5%.
Due to the charges on the casino's side for accepting Skrill payments, it often results in them sending a lack of bonuses to the player. Some bonuses like the first deposit match bonus often exclude deposits made via Skrill, which is probably mentioned in their terms and conditions. Likewise, this is also the case for some of the lucky players who would normally expect to receive ongoing weekly cashback bonuses. You might still receive these, but if you do, you probably won't be able to grab them if you are depositing via Skrill.
Skrill gambling transactions are definitely popular among players and it is easy to see why. The payments are quick and secure. Furthermore, Skrill's focus is on the gambling sector, so they are as good, well, as good as you would expect them to be.
One issue though is the number of online casinos outside of Europe that have this option as a payment method. While some NZ casino sites do offer it, most currently don't. This is quickly changing though and the number of Skrill NZ casino sites is increasing every month.
Yes, you can use Skrill to deposit and withdraw winnings at licensed online casinos. It is a popular method, due to the speed and security of transactions.
There are a few online casinos in NZ that accept this option. However, it isn't a commonly used method in NZ, hence the number of online casinos accepting it is limited.