Moneybookers / Skrill
Moneybookers or Skrill? The Online eWallet Bingo Payment Option
Are you looking for moneybookers / skrill bingo sites? If so, then you’ll find them all here but lets help by explaining who and what it is all about.
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First of all we feel we need to clarify something. Moneybookers and Skrill is the same thing. In 2010 Skrill decided to rebrand its company name, logo and website. At the same time they decided to change names from Moneybookers to Skrill. Therefore, if you go to make a deposit at a bingo site and you see either Skrill or Moneybookers, they are in fact the same thing. Therefore, if you have an account with Skrill and see the Moneybookers logo, you’ll use your Skrill account details. Sounds complicated? It is pretty straight forward, but that’s the trouble when company’s rebrand and bingo sites don’t update their payment methods!
What is Skrill and how does it work?
Skrill is an online eWallet. This means that you can make deposits into your online bingo account without having to enter your bank details. When you sign up for Skrill, you confirm your bank details just the once. Once you have done this, you are then free to move money around and pay for goods or bingo as you see fit. It is an incredibly easy and slick way to pay for goods or services that may be in a different currency.
It can work a number of ways. When you make a deposit funds into your bingo account the money is taken straight from your bank account. However, when you go to make a deposit you don’t actually enter your bank details. Instead you just enter your Skrill account details. This means that whenever you chose to join a new bingo site you’ll only ever need your Skrill account details and nothing else. The best way to look at Skrill is to see it as an online digital wallet or purse. Meaning you can pay for goods or transfer money to other people securely online.
The fees and charges involved
Skrill is not really any different to PayPal or Neteller. It works in exactly the same way. The real difference is the fee structure. Skrill claims to be cheaper than PayPal, but this depends how you are using your account for what goods and in what country you’re paying for them. There are some headline costs and fees that we feel we should point out.
If you want to upload funds it is either free or 1.90% to add funds to your bingo account. The fee varies depending on your bank account type.
You will be charged for making a withdrawal. Again, it depends on your preferred payment method but costs range from £2.95 to £3.50.
Also be cautious of any currency exchanges. If you’re involved with currency conversion Skrill will add between 2.99% and 4.99% to the whole exchange rate.
Is Skrill safe and secure?
You may well be wondering if it’s safe to play bingo using your Skrill account? The answer is yes, and there are a number of good reasons for this. Firstly, Skill is regulated by the Financial Conduct Authority. This regulation means Skrill has to comply with the world’s most stringent payment regulations. To abide with these regulations, safety and security of its users is an absolute priority. Your account details and all financial transactions are secured using Secure Socket Layer (SSL) technology with high security 128bit encryption. While this all sounds very techy for the average bingo player, it means that your account will have the highest and most stringent security measures in place. This therefore means that you will be given the highest level of security when adding funds to your bingo account.