Why Skrill is a Trusted Option for Kiwi Gamblers

Introduction to Skrill for Kiwi Gamblers

Skrill, formerly known as Moneybookers, has been a stalwart in the online gambling industry for nearly two decades. Its reliability and ease of use have made it a preferred choice for many gamblers, including those in New Zealand. In this article, we will delve into the advantages skrill casino New Zealand and disadvantages of using Skrill for online gambling, exploring why it remains a trusted option for Kiwi gamblers.

The History of Skrill

Skrill has been around since 2001, initially operating under the name Moneybookers. Over the years, it has evolved to become one of the most recognized e-wallet services globally. Its transition to Skrill in 2011 marked a significant step towards enhancing its services and expanding its user base[1].

Advantages of Using Skrill

Safety and Security

One of the primary reasons Skrill stands out is its robust security measures. Transactions are heavily encrypted, providing a high level of protection against fraud and unauthorized access. Additionally, Skrill has an anti-fraud department that reviews every transaction, ensuring that all activities are legitimate[1].

Cost-Effectiveness

Skrill is known for its competitive fees, especially when compared to other e-wallet services like PayPal. For instance, when funding your Skrill account via debit or credit cards, you incur a 1.9% fee, which is significantly lower than PayPal’s 2.9% fee[1].

VIP Program

Skrill offers a VIP program that rewards its loyal customers. By moving more than $6,000 through Skrill per quarter, users gain access to various perks such as 24/7 VIP support, lower or no fees, and more[1].

Wide Availability

Skrill is widely accepted across various online casinos and bookmakers. This makes it an ideal choice for gamblers who want to keep their transactions separate from their bank statements. Skrill’s availability is particularly notable in New Zealand, where it is one of the most popular e-wallet services[2][4].

Disadvantages of Using Skrill

Fees for Withdrawals

While Skrill is cost-effective for deposits, it charges a withdrawal fee of $5.50 every time you withdraw funds to your bank account. Additionally, there are fees associated with converting CAD to USD, which can be 3.99% on top of Skrill’s exchange rate margin[1].

Limited Currency Support

Skrill does not support the Canadian dollar directly, which means Kiwi gamblers will need to convert their CAD to USD before making a deposit. This conversion process incurs additional fees[1].

How to Use Skrill for Online Gambling

Using Skrill for online gambling is straightforward and can be broken down into several steps:

Step 1: Setting Up Your Skrill Account

  1. Visit the Skrill Website : Go to the official Skrill website and click on "Sign Up."
  2. Provide Required Information : Fill in the registration form with your name, address, and date of birth.
  3. Verify Your Account : Complete the verification process by providing necessary documentation.

Step 2: Funding Your Skrill Account

  1. Deposit Methods : Skrill accepts various deposit methods including debit/credit cards, bank transfers, and other e-wallets.
  2. Fees : Be aware of the fees associated with each deposit method.

Step 3: Selecting Skrill as a Payment Option

  1. Choose Your Casino : Select an online casino that accepts Skrill.
  2. Deposit Funds : Log in to your casino account and select Skrill as your payment option.
  3. Confirm Deposit : Enter the amount you wish to deposit and confirm the transaction.

Step 4: Placing Bets

  1. Navigate to Betting Section : Once your funds are credited, navigate to the betting section of the casino.
  2. Place Your Bet : Select the game or event you want to bet on and place your bet.

Popular Casinos That Accept Skrill

Several popular casinos accept Skrill as a payment method, making it easy for Kiwi gamblers to find a suitable platform. Here are some of the top casinos that accept Skrill:

  • Wildz Casino : Known for its well-designed site, generous welcome bonus, and great VIP club[1].
  • Jackpot City : A top-rated casino that offers a wide range of games and a generous welcome bonus[2].
  • Kiwi’s Treasure : Another popular casino in New Zealand that accepts Skrill and offers a variety of games[2].

Conclusion

Skrill remains a trusted option for Kiwi gamblers due to its robust security measures, cost-effectiveness, and wide availability across various online casinos and bookmakers. While there are some drawbacks such as fees for withdrawals and limited currency support, the benefits far outweigh these disadvantages. By following the steps outlined above, Kiwi gamblers can easily set up and use their Skrill accounts to enjoy their favorite casino games.

Frequently Asked Questions

  1. Is Skrill Safe to Use?

    • Yes, Skrill is heavily regulated and ensures that all transactions are secure and legitimate. Respected gaming companies regulate every Skrill Canadian online casino, including organizations like the Malta Gaming Authority and the UK Gambling Commission[1].
  2. Are Skrill Deposits Allowed in Canada?

    • Yes, but there are some limitations. Skrill does not support the Canadian dollar directly, so Kiwi gamblers will need to convert their CAD to USD before making a deposit[1].
  3. What Are the Best Casinos for Skrill Payment Method?

    • Some of the best Canadian online casinos that accept Skrill include Wildz Casino, Jackpot City, and Kiwi’s Treasure[1].
  4. Are There Any Commission Fees?

    • Yes, Skrill charges a withdrawal fee of $5.50 every time you withdraw funds to your bank account. There are also fees associated with converting CAD to USD and using certain deposit methods like Paysafecard or Bitcoin[1].

By understanding the advantages and disadvantages of using Skrill, Kiwi gamblers can make informed decisions about their online gambling activities. With its robust security measures, cost-effectiveness, and wide availability, Skrill remains a trusted option for many gamblers in New Zealand.