Skrill is an international digital wallet that was founded in 2001. Offering instant deposits and fast withdrawal processing, Skrill’s enhanced security measures make it an ideal payment option for Canadians who want to transact online.
In this Skrill Casinos Canada article, I provide a detailed explanation of Skrill and the services it offers.
Online Casinos That Accept Skrill Ranked
What is Skrill?
Skrill is an online payments platform founded in 2000. Owned by Paysafe Limited, it allows account holders to send and receive money, fund online casino accounts, make e-commerce purchases, and trade cryptocurrency.
As one of the most reliable digital wallets in the iGaming industry, Skrill acts as an intermediary between an online casino and a player’s bank account. The company is regulated by the FCA in the United Kingdom, meaning its professional credibility is beyond reproach.
When transacting at online casinos that accept Skrill, its enhanced privacy standards ensure that the casino’s name is never shown on your bank statement. Moreover, Skrill supports the Canadian dollar, so that players can avoid pesky conversion fees. Moreover, players are not required to share their credit card or banking details directly with multiple casino sites when transacting via Skrill.
Pros and Cons of Skrill in Gambling
Skrill is one of the most reliable payment web wallets in Canada. With a wide range of pros and few cons, it is the perfect solution for Canadians who want to withdraw their winnings to their bank account from online casinos that accept Skrill. Here are some other pros and cons to consider:
- Pros
- Super fast payouts, usually in 2-3 days
- Enhanced Privacy & Security
- 24/7 support via live chat and telephone
- Low transactional fees
- Supports CAD currency
- Cons
- Charges inactivity fees if your account is dormant for 6 months
- Some funding methods incur a fee of up to 5%
- Withdrawal fees range from 1.75% to 3.49%
- Charges transaction fees for deposits and withdrawals
- Not as widely accepted as Interac
How to Make a Deposit Using Skrill?
Depositing at Canadian online casinos that accept Skrill doesn’t require much effort. Once you have registered at one of our recommended Skrill Casinos, the process is as simple as:
- Log in to your casino account.
- Navigate to the casino’s banking page.
- Select Skrill as your desired payment method.
- Enter the amount you would like to deposit into your account via Skrill.
- Click the deposit button, then enter your Skrill credentials.
- Click the transfer button to process your payment.
Once your payment is submitted for processing, it should appear in your account within 20 seconds or less. Bear in mind that Skrill will impose deposit minimums and maximums for non-verified accounts. As such, make sure you link and confirm your banking details and follow the on-screen prompts to ensure your transaction is processed successfully.
How to Withdraw Winnings with Skrill?
Withdrawing from Skrill casinos is a breeze. With most online casinos requiring 24 – 48 hours to process withdrawals, Skrill does not charge any transaction fees for receiving money, and Canadians are not required to pay taxes on their winnings. To withdraw with Skrill, simply:
- Log into your online casino account.
- Next, verify that you can withdraw your funds and that you are approved for first-time withdrawals.
- Now, open the banking page and select Skrill from the list of available payment methods.
- Enter the amount you want to send to your Skrill account.
- Click the “Withdraw” button.
After you submit your withdrawal, your money should arrive within 24 to 48 hours. You can then withdraw your funds to a Canadian financial institution or purchase goods from an online retail establishment that accepts Skrill as a payment method.
Types of Bonuses You Can Find at Skrill Casinos
Bonuses come in many shapes and sizes, and with Skrill online casinos, they include VIP perks, loyalty bonuses, and a variety of others, such as:
Match Deposit Offer
This is one of the most common bonuses you will come across at Skrill Casinos. It will match your deposit dollar-for-dollar. Typically, a match deposit bonus is offered to first-time depositors, but existing players can also receive deposit bonuses.
Reload Bonus
Reload bonuses are usually awarded to existing players or as part of a welcome bonus offer. If available, the terms will require players to meet minimum deposit requirements to receive a deposit bonus.
Cashback Bonus
Another popular bonus type is the cashback bonus. Frequently offered by Skrill Casinos as an incentive to deposit and play, this bonus credits players with a bonus amount based on the previous week’s losses.
Weekly Bonus
A weekly bonus is another option players find at Skrill Casinos. This bonus type is typically offered at the start of the week or on weekends as an incentive to make a deposit. The amount awarded varies from casino to casino.
Free Spins
Free spins are also a common bonus type offered by many casinos. Generally, they are offered on a specific game, and will vary from C$0.10 to $C$1.00 per spin. In some instances, the value per spin is based on a player’s VIP status.
High Roller Bonus
High roller bonuses are few and far between, but when available, they tend to offer substantial bonus amounts to players with thick wallets. More importantly, they will offer additional perks, such as faster withdrawals and automatic entry into a VIP program.
Top 3 Alternatives to Skrill
While Skrill is an excellent option for instant transfers to and from an online casino account, there are several alternatives to Skrill that players can use to fund their accounts. The best alternatives to Skrill are as follows:
- PayPal – PayPal is by far one of the best alternatives to Skrill for fast money transfers. Established in 1998, it has an unmatched reputation for low-cost money transfers, low transaction fees, and liberal deposit and withdrawal limits. The company is safe, secure, and FCA-licensed.
- MuchBetter – MuchBetter is an award-winning digital payment solution that offers instant money transfers to peers and online casinos. A low-cost alternative, its fees are friendlier than most other digital wallets. Transactionally, players can deposit up to C$500 per day, and withdraw a minimum of C$100 per day.
- Interac – Interac is one of the top alternatives for Canadians who want to deposit funds or purchase goods online. Typically free to use at most Canadian banks, it offers instant deposit and withdrawal processing and transaction caps ranging from C$2,000 to C$3,000 per transaction.
FAQ
How long do deposits with Skrill take?
Typically, deposits to an online casino account via Skrill take 10 to 15 seconds for them to reflect in your account.
Does Skrill work in Canada?
Yes, Skrill works in Canada. Canadians can send and receive money from an online gaming site or a retail merchant.
Are there any fees and limits for deposits and withdrawals via Skrill?
Yes, depositing funds to your Skrill account will incur a fee of 1% to 2.99%, and withdrawing from your Skrill account to your bank will incur a fixed withdrawal fee plus a percentage of up to 3.49% of your withdrawal amount.
Is it safe to play at Skrill casinos in Canada?
Yes, it is safe to play at Skrill Casinos in Canada. Each casino is licensed, regulated, and provably fair.