Skrill Casino – Lucky Star Accepts Skrill Deposits & Withdrawals
Originally created as Moneybookers in 2001, Skrill is one of the most popular and world’s biggest online e-wallet and payment processing company that offers a variety of services, most of which are oriented around low-cost internet money transactions. Today it is used in over 200 countries worldwide with more than 50 million users, with money transfers available in 40 currencies. Lucky Star Casino is proud to accept both Skrill deposits and withdrawals.
Benefits of Using Skrill to Deposit & Withdraw in Online Casinos
Using Skrill to make deposits and withdrawals to your online casino account is a good way to keep your personal details private. When you deposit with Skrill, your credit card number and bank account information are not transferred to the online casino’s cashier. Skrill keeps your personal records private, and your online casino won’t have any record of your private financial details.
Another benefit to using Skrill to make deposits and withdrawals at online gaming sites: almost every casino advertises instant access to your funds. That means you don’t have to wait to start playing at your chosen casino site, and you won’t have to wait for your money when it comes time to make a withdrawal.
About the Company
Moneybookers was founded on 27th of July 2001 in the United Kingdom and payment system was launched in April 2002. In the same year they become Europe’s first FCA-regulated e-money issuer. In just one year nearly 2 million users were using it as payment option.
After several years of successful growth and constant development, both inside and outside gaming industry, in 2007 Moneybookers was bought by Investcorp Technology Partners for 105 million EUR, just after reaching 6 million customer mark. Two years after, in 2009, they link up with eBay and launched their own MasterCard. Shortly after it was put on sale for estimated 365 million GBP by it’s owners.
In 2010 Moneybookers start rebranding as Skrill with evolving, extending and improving global payment network. By the end of the year, Skrill was ranked as the UK’s fastest-growing private-equity-backed company. Next year the company’s customer base reached 25 million, including 120 000 merchant accounts and continue to increasing when multiple global online brands (Skype, Facebook, eBay,…) integrated their payment gateway.
The rebranding of the product was completed in 2013 and in the same year CVC Capital Partners acquired Skrill for 600 million EUR and Skrill acquired Paysafecard to become preferred choice for online payments. Shortly after that, Skrill acquired Ukash, a prepaid voucher system that had become a major rival to the company and in the same time a bigger move was underway, as Optimal Payments – the parent company of Neteller – worked to acquire the Skrill Group for 1.1 billion EUR.
As of today they boast over 50 million registered users worldwide who send and receive money in over 40 currencies in 200 countries, with 156,000 merchants using their payment solutions.
How does Skrill work?
To start using Skrill follow www.skrill.com and register a new account. Registration is done in few minutes by entering your email address and personal information, setting up your password and choosing from 40 currencies. Once your account is created you can’t change currency, so be careful when choosing it.
You can use your Skrill account without verifying your details to send and receive up to €2,500 but once this amount is reached you will be required to verify your identity by uploading a clear, readable, valid and unaltered scanned color copy or photo of your driving license, passport or national ID card. You will receive an email confirmation once they have been successfully processed and your limits have been increased.
After completing verification, you can start using Skrill and upload money or link your account with several options, including credit card, debit card, Bitcoin and bank transfer. If you know somebody else with a Skrill account, you may also get them to send you funds directly from their account to yours.
If you deposit to Skrill using a Bank Transfer, there are no limits – you can upload as much as you want with no fees and will generally take 3-5 days for the money to be in your account.
If you deposit to Skrill by other methods, like Credit or Debit cards, or from other e-wallets, there will be some fees and limitations which will be stated on your account. The same are for withdrawals from your Skrill account.
Skrill may also be used for sending money to another person online. To do this you simply login to your account, choose “send money” and enter email address of the person you want to send money to, along with the amount you wish to send. That usually cost 1.9% of the amount send, but it is capped at 20€.
Once a funding source has been established, money in the wallet can then be used in order to make payments, whether that be to an online casino, to another individual, or to another online retailer. Payments are typically processed instantly, with the merchant only seeing the details of the user’s wallet account, and not the original funding source.
The Skrill Prepaid MasterCard
Skrill gives you an option to request a prepaid MasterCard that is attached to your account. With Skrill debit card you can withdraw your funds in over 2,1 million ATMs worldwide, shop online or to pay at over 36 million stores and restaurants where MasterCard is accepted. Annual card fee is 10€. There are however limits on how much you can spend or withdraw each day. They depend from country to country and they will be displayed in details on your account.
Recently, Paysafe Group, the parent company of Skrill, suspended prepaid MasterCard service in more than 100 countries worldwide. Currently, Skrill MasterCard can only be issued to residents of Single Euro Payments Area (SEPA) countries.SEPA consists of 34 countries at present, 28 member states of the European Union (19 of which are in the Eurozone), three countries that have signed the European Economic Area agreement and three countries with agreements in the EU.