Skrill (formerly Moneybookers) is one of the most popular banking methods among online casino players. As an e-wallet, it provides players with the ability to quickly transfer cash from their bank accounts to their online casino accounts in a safe manner. This week, Skrill aims to improve its service by offering up a new banking option that will reduce transfer fees.
The new service will be called Skrill IT, and it will provide users with the ability to transfer money from 200 locations around the world. Users will be able to send money using only their email address, making it a quick and convenient way to fund their online casino wallets. Another great bonus of SkrillIT is that it offers a lower transfer cost. Users no longer have to contribute a significant portion of each transfer towards fees.
This makes the process more affordable, and will encourage more people to sign up to Skrill. “Skrill iT significantly cuts the current cost of money transfer,” says , Jonathan Wood, of Skrill. “Skrill iT means customers can send money instantly and globally for just 1% (capped at a €10 maximum fee) plus a FX fee ranging from 2.99% for the major currencies through to no more than 4.99% for even the smallest of currencies”.
E-wallets are the preferred method of banking for most online casino players. In many countries, credit card payments are blocked, so players must seek out alternative banking methods – and e-wallets have emerged as the favourite. When sending money using services like PayPal and Skrill, players reveal little personal information, protecting their safety in the online gaming world.
While PayPal is more popular than Skrill for online shopping and other services, it is not often available for online casino transactions. As such, Skrill is widely used in this particular market. So, it is great to see that the company is working hard to improve its service for players.