When online bingo players are looking for a site to join and enjoy their preferred games, they have to consider many aspects. They have to find a safe site, licensed by respected jurisdictions, secured with the toughest measures, and powered by the best software. They need to check out the games offered, the variants of bingo available, the bonus offers, any bingo bucks or free bingo tickets, or other promotions that could make their gaming more exciting.
But, they also have to explore the payment methods. Online bingo sites usually give players long lists of payment methods, but to decide on the one to use, players first have to be familiar with what those methods can provide them with. At Two Little Fleas, we’re committed to informing you on the very best payment solutions you could use to get a seamless online bingo experience. As an excellent option for online banking across bingo sites, we would recommend you to consider using Skrill. Why use Skrill instead of other payment methods?
Introduction to Skrill
Formerly known as Moneybookers…
…and launched in 2001, Skrill is an online payment method using which you can easily transfer money all across the world, online. It is currently owned by Paysafe Group, a company that is behind many other brands like Paysafecard, Neteller and UKash. Thanks to this incredible growth, the company managed to create one of the most powerful financial services across the European countries and the UK. But the expansion did not stop in Europe. Today, Skrill is available in more than 100 countries all across the globe and has become one of the most popular international payment methods in the world.
Its reliability and security…
…are what make it an exceptional payment method for online gambling. Due to the way it functions, Skrill is an eWallet that allows you to transfer money online without revealing your bank account details. Regulated by the Financial Services Authority and protected with the latest encryptions, it is a method you can trust your money with. Your funds and personal details are further protected with two-factor authentication. You receive a one-time-use code each time you access your account. You also need to use a PIN in order to confirm that you’re the one that’s handling the fund transfers, and that adds another layer of protection. But these are not the only things why online bingo players choose to transact with it.
In addition to…
…many fiat currencies, the eWallet also allows users to transact with digital currencies. Skrill allows you to transact with over 40 different fiat currencies, as well as the cryptocurrencies Litecoin, Ether, Bitcoin, EOS, Bitcoin Cash, Ethereum, among others. The best part is that Skrill continuously adds new cryptocurrencies to its list, such as the most recently added Ripple (XRP). With this feature, users are given the entire liberty to transact in whichever way suits them. Sure, conversion fees apply, but even this is handled in the most sophisticated way.
Skrill has a VIP Rewards Program…
… that allows players to level up in order to enjoy many benefits, lower fees included. There are four levels you can climb, the Bronze, the Silver, the Gold and the Diamond level. You level up when you’ve made enough transactions in a month. In addition to lower fees, what you may get with each level you climb are faster-responding Customer Support, personalized assistance, easier resolution of issues, and many other perks.
…this payment solution is available across all devices, with dedicated mobile apps for both iOS and Android users. You can download an app from Apple App Store or Google Play Store, depending on the device you’re using and its operating system, and you can get started with it in a matter of seconds.
Getting Started with Skrill
If you consider the just-described benefits and all the features Skrill offers, you will understand that it is, indeed, a payment solution worth using across online bingo sites. Available in both fiat and digital currencies, across all devices, with an excellent VIP Rewards Program, and bulletproof security measures, it is the definition of a trustworthy payment method.
And getting started with it…
…is easy-peasy. You can open your free account via the web or mobile interface, whichever suits you. You will see that the registration process will be done in minutes. First, you’ll be asked to provide your email address. Then, you’ll need to create your password, enter your name, date of birth and country of residence. Add your address and preferred currency, and finally, register the payment method(s) using which you’ll fund your account. You will see that many options will be at your disposal, including bank account transfers, eWallets, prepaid cards and credit cards like Discover, VISA, MasterCard and American Express, among other payment solutions. Once you do all of this, you’ll receive a verification email.
Once your account has been verified…
…you can fund it with funds and start using it. The eWallet has a wide network of international partner platforms, and as such, it is available across many new bingo sites as a payment solution for both deposits and withdrawals. Check the payment methods list at any leading online bingo site, too, and you’ll see that Skrill will be your option. If interested in learning how to fund your online bingo account with it and cash out your winnings, you should follow the next steps.
Depositing and Withdrawing with Skrill
Once you find an online bingo site…
…that accepts it as a payment method, you’ll see that the depositing process will be pretty intuitive. You would have to log in to the online bingo site of your choice and go to its Banking or Cashier section to choose Skrill as your deposit method.
As you click on its logo, a pop-up will appear, where you’ll need to enter your eWallet account login info and your email address. You’ll need to choose the currency you chose when you created your account, enter the amount of funds you’d like to deposit and confirm the transaction. As easy as that, you’ll be able to start your online bingo experience. Don’t forget to claim any No Deposit bonuses, Exclusive Bingo Bonuses, or Redeposit Offers if this is not the first time you’re depositing. Make sure you claim all the bonuses available to you, of course, if you agree with their Terms and Conditions.
Withdrawing with this payment solution…
…is done exactly the same way. Only this time, you’ll have to specify the amount of money you’d wish to cash out from your online bingo account and send back to your eWallet account. Before you request a withdrawal, make sure you check whether you need to meet any wagering requirements for the bonus offers you claimed. If you have your funds in place, you can request the withdrawal the same way you made the deposit.
Now, you should bear in mind that while deposits with this eWallet are instant, withdrawals may take a day or two. The thing is, each online bingo site has its own policy regarding the pending, processing and actual withdrawal payout times, so you have to be patient about it. Nevertheless, as you may as well know, withdrawals with eWallets are way faster compared to traditional payment methods, so in not more than 3 days you should probably have the money on your Skrill account.
Does Skrill issue plastic cards for land-based payments or are its services available online-only?
As a matter of fact, you can get issued with Skrill Prepaid MasterCard, in collaboration with the world-renowned brand MasterCard. Once you get your card, you can use it across all land-based and online stores, platforms and establishments that accept MasterCard. Additionally, there’s a Skrill Virtual Prepaid MasterCard, which is a virtual prepaid card that can only be used online, but in the same way as any other prepaid card.
How much does Skrill charge for currency conversion?
There’s a standard currency conversion fee of 3.99%, but it depends on the currency you’re converting, and the VIP level you have in its Rewards Program. Cryptocurrency transactions are subject to currency conversion fees, too. That’s why it is important to set your currency as a default and to get informed on all the fees before you start using it.
Is the list of restricted countries long?
Skrill has a long list of serviced countries, but also around 40 banned countries. Users residing in these countries cannot use its services.
If I refer it to a friend, do I get a benefit for my loyalty?
Yes! If you refer a friend to Skrill Money Transfer, then both you and your friend will receive a $10 off your next international money transaction.
Does Skrill offer a Customer Support service to all of its users?
Yes. Anyone, even people interested in using it who have still not created their accounts with it can ask the team a question via the on-site contact form and get information in the FAQs section. But users with registered accounts get access to a fast-responding Customer Support team, at their disposal at all times.