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    • Home > Bingo 101 > Skrill (Formally Moneybookers)

      Skrill (Formally Moneybookers)

      | Written by Rachel Collins

      What was Moneybookers is now Skrill, so if your online bingo site of choice accepts this method, it will have either one of these logos. Just bear in mind that it is actually the exact same thing. This is one of the least widely-accepted form of payment but you will find at some bingo sites which is why we have detailed it for you here. To be honest, it really doesn’t differ an awful lot from Neteller, so if you are familiar with that form of payment you will have no trouble with Skrill. Like Neteller, Skrill involves bingo fans opening an account, funding that account with cash and then transferring that cash onto your chosen site. The only difficulty that you may run into is the fact that it is not as widely accepted as some other forms of payment, but with the brand new slick and professional look of Skrill, we are sure that this will be far more widely available soon.

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      How Does Moneybookers (Skrill) Work?

      Simply head to the official Skrill website and create your free account. You will then be invited to fund that account issuing credit or debit cards, GiroPay, Poli, Sofort and loads more. Then you simply have to enter your email address and your Skrill password whenever you wish to deposit at your chosen bingo site. It does take a lot of effort just to get your account opened and funded, but after this it is simple and easy to user and of course you don’t have to enter your private details into every online bingo site that you fancy, thereby vastly reducing the chances of your details falling into the wrong hands.

      The Perks of Moneybookers (Skrill)

      The fact that you simply enter your email address and your Skrill password makes it a lot faster to deposit at your chosen bingo site as you don’t have to fill out the big payment form every single time. It also means that you enter your private details once and once alone, reducing the risks of fraud or theft.

      The Pit-Falls of Moneybookers (Skrill)

      As with Neteller, Moneybookers (Skrill) actually charge a fee for you to transfer your cash from your bank. Unlike Neteller, this seems to be a flat fee of roughly between £1.50 and £3, however Maestro and Sofort are actually free for UK users, which is slightly better than Neteller! Everything else – including other debit and credit cards – will cost you a fee of roughly 1.90% just to move your cash into your Skrill accoutn. They also heap on a Service Fee of £1 every single month. Whilst this doesn’t look like an awful lot, why would you want to open an account that charges you fees when the likes of PayPal and Ukash are free? Sure, Moneybookers (Skrill) can offer safety and security whilst looking after your cash but so can PayPal, which is linked to your bank account and far easier to use. Another drawback of Moneybookers (Skrill) is the fact that you can only withdraw your funds via cheque, bank transfer or Visa card, all of which induces a fee, too.

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