Best Skrill Casinos in New Zealand 2022

Credit cards are ideal for shopping in shopping malls, PayPal for online shopping, and Skrill for playing at online casinos. This system processes many online payments quickly and securely, making it widespread among players and bookmakers. Online gambling is one of Skrill's top priorities along with finance and video gaming.

Today the popularity of Skrill in the casino industry exceeds even Neteller, which at the beginning of the noughties handled more than 80% of all casino payments. Skrill is already available in over 100 countries and accepts over 40 currencies, again surpassing Neteller. As subsidiaries of the Paysafe Group, both of these services share the same privacy-focused approach.

But due to the popularity and prevalence of Skrill, choosing the right online casino becomes much more difficult. That's when a list of the best Skrill online casinos comes in handy with all the information on available games, bonuses and user reviews.

Skrill's rise to prominence in casino payments and beyond

Skrill, founded in 2001 by Daniel Klein and Benjamin Kullmann, was originally called Moneybookers and entered into a payments race for dominance in online payments.

Note: This race was won by PayPal with 58.88% of the market, while Skrill had less than 1%. However, this system managed to dominate sites with gambling, stock images and cryptocurrency. PayPal, on the other hand, could not dominate in these areas, and the number of casinos PayPal is about twice as low as Skrill.

In 2007, the Moneybookers service was bought out by Investcorp Technology Partners, after which it began to actively expand and by 2011 had a user base of 25 million people and worked with 150,000 businesses, including online casinos, e-commerce sites and other trading platforms. A year earlier Moneybookers had been named the UK's fastest-growing business, and right after that the company announced a rebranding and changed its name to what we know - Skrill

In February 2013, Skrill acquired Paysafecard, which allows you to buy prepaid vouchers and use them to make purchases online.

Note: Paysafecard does not ask for any personal information and you can use your card PIN to make purchases. This online payment method guarantees security and absolute anonymity, which is why Paysafecard is actively used by casino players. On our website you can find an impressive list of casinos that support Paysafecard.

In March 2015, Optimal Payments decided to acquire the Skrill Group, a rival company of its subsidiary Neteller, and in the second half of the year the Skrill service was bought for 1.1 billion euros. A little later, Skrill itself acquired Ukash, a competitor to its subsidiary Paysafecard.

With the title of the most convenient system to work with cryptocurrency, Skrill is often used on cryptocurrency exchanges to make deposits. Since 2018, you can buy cryptocurrency, including Bitcoin, Ethereum, Litecoin and many other tokens through this service. Thus, Skrill can also be used in online casinos that support cryptocurrencies.

Pros and cons of Skrill as a casino payment system

With the exception of credit cards, Skrill has become the most common payment method at online casinos. But is it that convenient? Let's break down its pros. The main advantages of Skrill from the casino players' point of view:

• Multi-stage security system
• E-wallet holders don't have to provide the casino with their bank details. Skrill added another layer of security with SSL data encryption protocol, and all you need to make a payment is your wallet number.
• Advantageous fees
• The fees for funding your casino account with Skrill are much lower compared to Neteller (see table below) and many other wallets.

• Fast deposits and withdrawals.

This applies to domestic transactions through Skrill, as well as deposits and withdrawals to online casinos. In addition, Skrill withdraws casino winnings to the user's account within a maximum of 24 hours, whereas in the case of credit cards, it may take several days.

Prevalence.

The Skrill system is available in over 100 countries and accepts over 40 currencies, not including cryptocurrencies.