Moneybookers Limited was established back in 2001 in the UK, as a subsidiary of Investcorp Technology Partners. This company created Moneybookers so they can offer an inexpensive online e-commerce payment system. They quickly became one of the pioneers of digital wallets. Today, Skrill (Moneybookers) still offer a very similar, secure and private system, which consists of online based deposit account where you can deposit, receive and store money, but also make payments for online purchases and deposits into online casinos.
The secret to Skrill system security is in its simplicity. In order to set up a Skrill account all you need is an email address and a few personal details. After you’ve registered, the provided email address will act as your account number, while you choose your own password. You can start using the Skrill account the moment that money are transferred into it – by bank transfer, credit or debit card, or by transfer from another member of Skrill. At this point you may use the service for online payments, including deposits into online casinos. Skrill can also be used for withdrawals – simply enter a bank account or your credit card number and the funds will be transferred. Skrill is available in 40 different currencies, including Rands, and service in 121 languages.
Considering that Skrill is a veteran in the field of online payments, it’s recognized and trusted at most online casinos, especially when you take into account that payment is guaranteed. Most casinos in South Africa accept this secure and fast payment method. On top of this, Skrill can be used for equally safe and fast withdrawals from your online casino account, which is probably the reason why so many online casino players use Skrill. To further simplify the experience, you can set up a dedicated Skrill account and use it only for your online casino transactions.
Advantages of Skrill
Skrill offers a combination of great discretion, security, convenience and simplicity of use. At no point you will have to transmit sensitive financial data over the internet, nor allow electronic access to your bank account. Transfers are instant, so you can start your gaming in the online casino right away, and a credit card is not required to use the system.
Skrill is accepted throughout the world, with more than 135,000 member merchants in many countries – among them are a great percentage of online casinos in South Africa.
Skrill implemented a VIP program as a reward for the loyalty of its customers. The program allows you to move up levels; with larger and larger perks and benefits the higher you climb.