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Betting using Moneybookers

Published on: 03/09/2016

In the past, funding a gaming account with an internet-based bookmaker, poker room, bingo club or casino was not always an easy process. These days. However, there are numerous simple ways of making these kinds of financial transactions.

Sometimes, separate methods are required for making withdrawals or deposits. Other methods can be limited to a single currency. Often, pre-authorisation on the use of credit cards can take a while, which has led to virtual banking becoming a popular option for customers using online gaming services. For punters who are willing to trust their transactions through companies such as Moneybookers, this option is often the quickest and smoothest way of funding an account.

The London based digital wallet service known as Moneybookers was originally created in 2001. The service allows for money to be transferred and payments to be made via the internet from at least a couple of hundred different countries and territories worldwide. The e-commerce business focuses on low-cost international money transfers in 41 currencies. Formally known as Moneybookers, the service and its products are now branded under the name Skrill.

The company’s customer base exceeds 25 million people, all of who have access to over 100,000 merchant accounts including global online brands such as skype, eBay and Facebook. The network includes nearly 2,000 gaming sites most of which include the English language as the primary form of communication.

Some of the major brands to feature on the gaming venues include internet-based casinos such as Unibet, Bet365 Casino, 888 Casino, Party Casino, Betfred Casino and Eurogrand. Names such as William Hill, Ladbrokes, Expeckt, SkyBet Sports and Sportingbet all accept Skrill (Moneybookers) as a payment method. Card players have plenty of choice with names such as Pokerstars, Bet365 Poker and Party Poker, whilst bingo enthusiasts can choose from Bet365 Bingo and William Hill amongst others. Another reason Moneybookers have become so popular is that they offer support in many different languages as well as providing local payment methods in over 30 nations. Moneybookers’ digital wallet is straightforward and easy to use, ensuring peace of mind with good security and protection for customer’s financial data. Further benefits to Moneybookers’ services are its fully integrated global banking network with more than 100 payment choices in 41 currencies. The service provides state of the art internal risk and fraud management, plus instant withdrawals and deposit functions. A prepaid MasterCard product for more flexibility also comes with the digital wallet free of charge.

When withdrawing money or depositing money to a gaming account, customers may benefit from using Moneybookers as the company offers competitive charges and has a transparent free structure to provide low-cost options. Maestro, Mazooma, Norda, POLi, Sofort, Bank Transfer and Laser are all free of charge to use when implementing various funding methods. A 1.9% fee applies when customers use MasterCard, Amex, Carte Bleue, JCB, Diners and Visa credit cards. Other funding methods such as GiroPay and EPS may sometimes include surcharges.

In 2011, Moneybookers began rebranding their service to the name Skrill and the product change was completed in 2013. The e-commerce business has gained many high profile business awards over recent years such as the iGB Affiliates Awards for the “Best Payment System 2011” and the FST Employee’s Choice Award 2011. Skrill continue to grow and are continuously gaining recognition as a company who are “changing the world of online payment”.

Any odds displayed within this article were correct at the time of publishing (03/09/2016 16:00) but are subject to change.

Published on: 03/09/2016 © Bet Bind