What is Skrill?
Skrill is a British-licensed electronic payment system, which began operations in 2001. The original name of the payment system was Moneybookers. It is important to note that since its creation, it has been one of the main systems for online payments. The rebranding occurred in 2007 when Investcorp Technology Partners was bought out. It was at this point that Skrill Bank emerged and began to expand aggressively.
It took only 4 years for the customer base to exceed 25,000,000 and the number of partner businesses to reach over 150,000. This demonstrates the reliability of the payment system. In February 2013 the company Paysafecard was acquired, which made it possible to buy vouchers and use them for online shopping.
It should be noted that Skrill is the most convenient system to work with cryptocurrency. And it is the convenience, security, and anonymity that made this payment system the most used for payments in the gambling industry. Skrill in online casinos is popular because it does not work with unofficial market participants, has a flexible loyalty system, minimal commissions, as well as various convenient features, such as one-touch payment.
Users like it for the reason that the payment system Skrill earns not on simple players, but namely on their partners, for example, casinos or stores. The average commission from the casino – is from 1.5 to 5%, depending on the amount of the deposit.
