Skrill's electronic payment Rapid is ranked first worldwide, often used by the online gaming industry and freelancers as various other remote workers. In 2001 the company was created and opened under the name MoneyBookers. And from 2001 system works only with licensed casinos. Skrill allows debit and credit card transfers, as well as bank transfers. You can withdraw cash by bank check, bank card or Rapid transfer mentioned earlier.
How to register a Skrill account
To use the Skrill and Rapid feature, you need to create an account on the Skrill website. The interface is available in 14 languages, so you’ll have no trouble finding the language you need. Anyone can create an account instantly. To create an account, you need to do the following:
- Enter your email address and make a password. We also recommend activating two-factor authentication.
- Enter your name and date of birth. We recommend that you only use real data because you will not be able to withdraw money from the casino and then withdraw it to the card if your data does not match that in your Skrill account.
- Choose your country of residence and currency.
- Enter your address, city and zip code.
- Add a phone number and confirm it.
After completing these steps, your account will be activated!
Your personal account
In your personal account, you will be able to find information on the last transactions and your current balance. You can bind the card and verify it. You also can make a real Skrill plastic card and use it as usual MasterCard. You will be able to withdraw money at ATMs, pay at restaurants and shops. ATM withdrawal fee 1.8 CAD/EUR/USD for any amount.
Skrill Rapid payment system
The main difference from other payment systems is that Skrill does not charge commissions for sending money. Commissions are paid by casinos. On average, commissions vary from 1% to 5% per transaction (5% usually taken when you withdraw your money to the plastic card or with the use of Skrill Rapid function).
VIP in Skrill
By default, the minimum and maximum amount of withdrawal are limited (usually it’s $10,000 per month). To increase the limits, you need to pass verification. All this is done just for safety and to avoid money laundering. Passing an ID scan, utility bill or other document confirming your current place of residence is required for verification. Just as a prerequisite is the binding of your bank card, you will need to have at least $1 on your account to bind the card. If you get the VIP status in Skrill, your commission will be less for transfers with the use of Skrill Rapid.