Skrill Casinos in South Africa – An easy solution for deposits & withdrawals

Want to play online casinos from South Africa but stuck for ideas on how to deposit? Check out this Skrill eWallet guide for ZAR! (Image by Mohamed Hassan from Pixabay)

Have issues with deposits and withdrawals in South Africa for online casino gameplay? Skrill is the perfect solution if you want to gamble online. Although, you need to be aware of the pros and cons.

The good news is that there is no shortage of live casinos that accept South African players depositing and holding their balance in ZAR. Skrill is one of the most popular payment methods to deposit and withdraw Rands into South African live casinos. Some of you may have heard of this eWallet by its former name – Moneybookers

More good news! Skrill accepts ZAR, and if you are in South Africa, we fully recommend using ZAR.

Jack Bannon recently wrote an article that is based on playing using your domestic currency, especially if you are using an e-wallet because the exchange rate fees of playing in another currency can cost you 3.5% in fees, plus fees charged by Skrill for depositing into your Skrill account from a third-party source – i.e., the casino. Although the article doesn’t mention ZAR, you’ll get the gist of the exchange rate fees.

Educate Yourself on Maximising Your Casino Finances: The article covering why you should play casino games using your domestic currency is here – Deposit Tips to Maximise Your Live Casino Finances.

Skrill Casinos for South African Players –What Is It and How Does It Work?

Skrill is an online e-wallet. E-wallets are online bank accounts that allow you to receive and make payments using your email address rather than your bank account. This is a very safe way to transact over the open web and reduces the risk of compromised credit or debit card information.

Although the main service is an e-wallet, you can also apply for a pre-paid MasterCard debit card from Skrill, but for the purpose of online casino deposits, it is always best to use the e-wallet.

Skrill Secure Transactions/Fiat Currency Exchange/Cryptocurrency Exchange

Skrill accepts ZAR and also converts currencies on your behalf if you want to send or receive or payments. This includes both fiat currencies and cryptocurrencies. Also, when you use Skrill for any financial transactions, Skrill uses its high-tech online encryption and fraud protection to protect the transaction being made.

Easy Sign-Up Process

All you need to do is sign up for a Skrill account using your email, create a Skrill password, and then confirm your email. You can now upload your credit or debit card information into your Skrill account. If you also want to receive payments, add your bank details. Once you are done, you can make and receive payments with any company that accepts Skrill without having to reveal any of your card or banking information.

Your Skrill Account Balance

You can top up your Skrill account by receiving payments or adding funds from your bank account or credit/debit cards. Alternatively, you can keep your balance at zero and when you want to make a payment, Skrill will process the payment and then retrieve funds internally from one of your registered financial options.

All the while, you only ever provide an email address and never have to reveal your card or bank details.

Skrill – Limits, Verification, and Fees

As with any financial facility, there are certain restrictions and/or security checks that you will need to fulfil in order to gain full account access.

Verification

When you start to use your credit card or receive money using your Skrill account, you will be asked to provide some verification of your identity:

• Driving license or National ID Card or passport
• Proof of Address (Utility Bill or Bank Statement dated within the last 6 months)
• Front and back of credit or debit card if you use this to deposit

KYC Check: This is the exact same KYC process you will need to through when you want to withdraw from your casino. Except, if you use Skrill, you do not neeed to show the casino the front and back of your credit/debit card.

ZAR Casino Deposits via Skrill

Making deposits to an online casino is very straightforward and free in most cases. First of all, just make sure that the casino accepts Skrill as a payment method. You should also check the casino is properly licensed before committing any money. MGA casinos are considered the safest, while Curacao live casinos also have solid reputations. Check out the table at the end of this Skrill for South African player’s guide.

Deposit Methods I can Use to Top Up My Skrill Account

• Bank Transfer
• Bitcoin
• Credit/Debit Card
• Neteller

Once you are happy that you have chosen the best Skrill casino for you, then sign up and visit the ‘cashier’, ‘deposit’, ‘payments’, or ‘banking’ section.

Note: Skrill doesn’t pay interest on positive balances. Although this facility acts as an online bank account, and you get all the security benefits you would get using online banking, some benefits, such as loans, overdrafts, and interest payments, are not part of Skrill’s services.