Skrill is an electronic payment method which enables transactions to take place online. Founded in 2001, it has been providing this quick, convenient and inexpensive service ever since. It takes just a few minutes to set up an account, and once done you are effectively creating a virtual e-wallet in order to use it to pay for goods and services online. The wallet can be topped up via your usual current bank account, via credit card or several other methods. Up to forty different currencies can be used to fund your account, making this service a viable option internationally, not just in the United Kingdom.
The great advantage of Skrill is that you only have to give your personal financial details once – when you set up the account. After that, you just need your e-mail address and Skrill password to authorise payments. No further action is required, and your personal details are not passed on to the merchant you are buying from either, making this method a very secure way to pay. A small commission is charged for many transactions, but at the time of writing, payments are free.
The corporate history of the service is a complex one. There have been several different but similar British based services in competition in the United Kingdom throughout the last fifteen years or so. These include Neteller and Ukash in addition to Skrill, which was originally known as Moneybookers. The service was re-branded as Skrill in 2010. Since then, the whole UK e-payment market has undergone a complete corporate makeover, and a series of takeovers and mergers has resulted in just about every service belonging to the same company. At the time of writing, Skrill, Ukash and Neteller are all owned by Paysafe Group, who are the operators of the Paysafecard pre-payment card service as well.
Skrill has always been and remains a popular way for online gamers to make payments to their site of choice, because of the convenience, confidentiality and secure nature of the service. Withdrawals can be made into the account too. The service was upgraded in 2012 so that payments could be made using your tablet or smartphone as well as by desktop PC. Account holders can now even apply for a real world pre-pay MasterCard too. This means that Skrill can now be used in neighbourhood and high street stores too, in fact wherever MasterCard is accepted anywhere in the world.
Nowadays, there are loads of different options available when it comes to making payments online. Bingo sites generally offer lots of alternatives to just the conventional Visa and MasterCard credit and debit cards. Several e-payment methods are usually provided, so even if Skrill is not one of them, you are unlikely to be short of choice. Our site reviews always cover this information. So if you need to know what payment methods are accepted where, or indeed which titles are worth spending your hard earned money on in the first place, look no further than the great service provided by Busy Bee.