Best Skrill Online Casinos in New Zealand
Skrill (formerly known as Moneybookers) is a global electronic wallet accepted in many online casinos in New Zealand and overseas. You can top up your Skrill’s wallet through a credit card, bank transfer or crypto, and also move money from your Skrill account to almost every domestic or international gambling site. In 2015, Paysafe Croup completed acquisition of Skrill and its former competitor Neteller. Today, they endeavor to provide low-cost of free payment options for all supported countries, including New Zealand. Accepted by major online casinos in 120+ countries and in over forty currencies, your Skrill account will let you enjoy video slots, table games and other online casino features without disclosing your personal and banking information.
Creating a Skrill account
To use this internationally recognized e-commerce payment option, you need to create an account on the Skrill website https://www.skrill.com/, which is free-of-charge and fast. This will enable you to integrate all your personal and payment details in one place. For mobile users, there is a free Skrill app available on Google Play and App Store. You can download it anytime and create a Skrill account on the go.
Before using the e-wallet, you need to be aware of the associated fees that a customer is supposed to pay for specific transactions. To begin with, depositing funds to your Skrill account incurs a 2.5% (MasterCard, Visa, POLi) or 5% (paysafecard) fee. You can check the applicable fees on their website by choosing your country and local currency. If you want to withdraw funds from your Skrill wallet, the following fees will be charged:
- Skrill to crypto: 2%
- Skrill to Neteller: 3.49%
- Skrill to MasterCard: up to 7.5%
- Skrill to Swift: a fixed fee of NZ$9.15
If an online casino transaction comes with a currency conversion, Skrill incurs a 3.99% fee to the exchange rate. To avoid excessive spending, you’d rather play in online casinos that allow for picking the same currency as your Skrill account.
Online casino payments with Skrill
The first thing to do is to pick a reliable Skrill-friendly online casino, like the ones reviewed and ranked on Kiwigambling. After signing up with the casino you have picked, you can select the Skrill option in the Cashier, specify the deposited amount, enter all the required details and confirm the payment. There are no associated fees or commissions when you are paying online with your Skrill balance.
Withdrawal from online casino to a Skrill account is also easy and quick. You select the needed payment option (Skrill), enter the amount you want to cash out minding casino limits, and confirm the payment. You will get a notification from Skrill when the money arrives to the account. Similarly to deposit, the payment system does not charge any fees but some casinos do, so make sure to check it ahead of time.
Buying crypto with Skrill
Crypto fans preferring to pay to online casinos with Bitcoin or other digital currencies can use Skrill to instantly send money from their active Skrill balance to a BTC or ETH online casino wallet. Using a Skrill Trade feature, you can set an alert that will notify you immediately when the price of Bitcoin or other crypto reaches a level pre-defined by you. Note that you cannot deposit crypto directly to your Skrill account.
Pros and cons to using Skrill with online casinos
Here is a short list of advantages the e-wallet provider comes up with:
- A widely accepted method in online casinos around the globe
- Skrill is a perfect option to choose if there are any spending limits on your bank account. You just move money from your bank to Skrill in a few installments and then transfer the needed sum to an online casino
- Using a normal Skrill account, a customer can send BTC to online casinos
The drawbacks below are not dramatic yet they should not be spurned:
- Many online casinos exclude Skrill from their bonus programs. If you are eager to claim a welcome package or other reload bonus, while depositing with Skrill, first check out if this payment option qualifies
- Fairly high fees for moving funds from a Skrill wallet to a credit card or other account.