Skrill is your online friend, a flexible and secure online wallet based in the UK. Skrill is the cheapest online payment solution, though not the fastest one.
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Using Skrill, you will be able to move the money around across different bookmakers without paying anything. The total transaction costs will be much lower than if you were making the deposit and the withdrawal directly with a debit or credit card.
Skrill is the cheapest deposit/withdrawal option when it comes to online betting. Transactions with bookmakers are free, and uploads to Skrill account are also free if you’re using certain payment methods (Maestro, Sofort, wire transfer, Skrill Direct online banking). Fees for uploads via MasterCard, Visa, American Express, Diners, JCB are 1.90%. Skrill MasterCard ATM withdrawals are cheap, £1.46 per transaction, and the annual card fee is £8.13.
All this makes Skrill the cheapest option, and there are no hidden fees. Most of the transactions are free, and you never get the feeling Skrill is ripping you off. They’re just taking a small commission here and there, but in a transparent way.
The Skrill MasterCard is issued to every member for free, and is adding to the flexibility of this payment method as you can access your funds anytime and anywhere.
The Skrill MasterCard daily ATM withdrawal limits are very low, €250 at the Bronze VIP level, which is the default for new accounts. Maximum is €2500 for Gold VIP members, effectively making you become a Gold VIP or use different withdrawal options such as transfering the money from Skrill to your other debit card or a bank account.
While withdrawals from the bookmaker to Skrill are fast, within 24 hours depending on the bookmaker, they’re not instantaneous.
If you’re betting online, Skrill is unavoidable. Unless you want to make direct deposit and withdrawals with your debit card, in which case you’ll pay more and wait for a longer time for the payment to clear. Skrill is not ideal, but is close to it, especially for VIP members. Sign up today!