Although Moneybookers was established in 2001 and formally renamed as Skrill in 2011, the previous name may still be used at online casinos in Canada. Skrill was officially rebranded as Moneybookers in 2011. No matter what name you find it under, this particular web wallet is among the most dependable and user-friendly options available on the market today.
How does it come into effect?
Because Moneybookers and Skrill are examples of electronic wallets, we may say that they fulfill the function of a middleman between several accounts. You will be able to receive funds from other people once you sign up for an account and link your bank account to the wallet. You will also be able to transfer dollars from your bank account into your Moneybookers or Skrill account. You can move money from your web wallet to any other account that is linked to your PayPal account. This includes the accounts you have at your preferred online casinos.
The retailer or service provider is never privy to the financial particulars of a consumer, ensuring that sensitive information remains just that: sensitive. Moneybookers and Skrill are a really versatile worldwide payment option because there are over 3,500 online retailers that are compliant with Moneybookers and Skrill. These online stores are located in over 200 different countries and provide more than 40 different currencies. There are over 30 MILLION users of Moneybooker/Skrill, and the popular e-wallet may be used for a variety of financial transactions and scenarios, such as making payments to credit cards, withdrawing money from ATMs, and transferring money between international banks, among many others!
What are the Benefits that I Will Receive from This?
Moneybookers and Skrill provide users with a lot of advantageous features. You will like the digital wallet’s ease of use and simplicity, as well as the added privacy and safety it provides for your financial dealings. You will be able to take advantage of flexible payment options in addition to having the opportunity to send money to other countries because all major currencies are supported.
Online purchasing is made much simpler by the ease with which foreign transactions can be completed, and many of the best Canadian online casino companies, such as Betway, JackpotCity, and William Hill, have unique cashback deals exclusively for customers of Moneybooker and Skrill, so allowing you to get even more for your money.
Due to the fact that all that is required of you is an email address and a password, your financial information is never put in jeopardy, and companies won’t be able to have access to it. This makes the possibility of fraud far lower. One further thing that contributes to the convenience of online buying is the elimination of the need to provide your financial information on numerous websites.
In addition to all of this, when you bank in this manner at online casinos, you will experience complete and utter peace of mind, which will enable you to entirely focus on the gaming that you are doing. This is due to the fact that the Financial Services Authority (FSA) in the United Kingdom regulates and authorizes Moneybookers/Skrill, and that it provides the highest standards of security.
Our verdict is that Moneybookers and Skrill provide customers with one of the least complicated, risky, and time-consuming ways to pay for items purchased online. The electronic wallet receives high scores for customer satisfaction since it has a well-known name all around the world and because it has established that name by providing consistently high-quality service.