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1. Paypal To Skrill Deposit
2. Skrill Paypal Deposit Login
3. Skrill Paypal Deposit Bonus

Any bank transfer for both PayPal and Skrill is free of charge. Yet, if you decide to deposit with your credit card PayPal can charge you between 2.90% + 0.30 USD and 7.40% + 0.50 USD, while a. Cara deposit Skrill yang lebih mudah untuk dilakukan adalah dengan memanfaatkan jasa Saldo.co.id. Di situs ini tersedia saldo PayPal, Skrill, Neteller, dan Steam Gift Card yang bisa digunakan untuk mengisi akun Skrill Anda. Caranya adalah dengan mengisi form dan sejumlah dana akan langsung meluncur ke akun Skrill yang Anda miliki. Skrill provide money transfer and payment solutions around the globe. Safe, secure and regulated in London, Skrill has long been a popular deposit method of online casino operators. With VIP accounts and offering a pre-paid mastercard, Skrill cater for users from Australia to Canada and the US.

All Skrill customers can deposit and withdraw funds from their accounts. When it comes to depositing and withdrawing money, Skrill is the opposite of Paypal in that it never charges to receive money, but charges a fee to withdraw money to your bank account or credit card.

When people are looking for the best payment method for their casino ventures, they are usually analyzing Skrill vs PayPal. There are many things that people should look for before joining an online casino, like security, reliability, selection of games, and bonuses, but the payment methods you can use there are equally important.

Today, it seems that in addition to the classic debit/credit card banking options, most online casinos are offering Skrill (formerly known as Moneybookers) and PayPal. These casino Skrill and casino PayPal options are growing in terms of popularity because they come with many advantages.

• Compare Skrill vs PayPal
• Learn more about their main features
• Discover how and when to use them in the best way

In order to find out which option is the best, you must take a few things into account. By analyzing all the things that these payment methods are providing, you should be able to maximize the results of your online gambling experience. Here’s our basic guide that will help you compare Skrill and PayPal.

Becoming a registered user

Obviously, just like in the case of every other payment method used online, people have to become registered users in order to send and receive money with any of these two options. The good thing is that this process is quite easy no matter whether you want to use PayPal or Skrill.

Both options will ask you for basic personal information (address, full name, etc.). It’s crucial to use the correct information if you want to avoid problems in the future. This is especially important when it comes to online gambling because both these payment services and online casinos require correct information.

As we said before, the registration process is simple and users should finish it in a couple of minutes. After that, they can verify their account. Keep in mind that you don’t have to verify your account, but you will have limits when it comes to receiving and sending money on a daily, monthly or annual basis.

The verification process you can expect from these payment services is not the same, but the basic objective is the same – you should provide information that can confirm your identity and link your account to your bank account. It usually takes less than a day to verify your casino Skrill account. In some cases, it will take up to 48 hours to verify your casino PayPal account.

• The process of registration and verification on Skrill and PayPal is simple
• The registration process lasts for a couple of minutes
• Verifying your identity and banking info is faster on Skrill

Accessibility

PayPal was launched back in 1998. This is an American-based company which has thousands of users all over the world. As a matter of fact, PayPal is a service that can be accessed in over 200 countries and regions globally. However, we should mention that not all users can send and receive funds via PayPal.

Namely, in some countries like Belarus and Macedonia, people can only send money without an option to receive and withdraw money which is quite important when it comes to online gambling. So, technically, users can use the entire package offered by PayPal in 81 countries/regions at the moment.

Skrill (Moneybookers), on the other hand, was introduced in 2001. So, this online payment service is not as old as PayPal, but it definitely has a long history. This is a UK-based company which is also present in more than 200 countries and regions. The good thing is that Skrill allows sending, receiving and withdrawing funds in more countries than PayPal. In addition, it supports more than 40 fiat currencies compared to over 20 fiat currencies offered by PayPal.

• Both options are available in over 200 countries and regions in the world
• PayPal is slightly older than Skrill
• In many countries, people can only send money via PayPal, but can’t receive and withdraw money

Acceptance

If you take a look at different statistics, you will notice that PayPal has way more users compared to Skrill. There are a few reasons for that, but the most important one is the fact that PayPal has managed to establish relationships with more platforms. Most eCommerce websites and websites where visitors can send or receive money have PayPal as an option. However, the situation is a little bit different when it comes to online casinos.

Namely, if we compare casino Skrill and casino PayPal options, we will notice that there are at least three times more casinos where you can use Skrill. It is very likely that this difference comes as a result of the acceptance of online gambling in the United States where PayPal is headquartered compared to UK-based Skrill. Without any doubt, the online gambling market is much more liberal in the United Kingdom and this can explain the difference.

• PayPal is a more popular payment method overall
• Skrill is accepted in three times more online casinos on average than PayPal
• The thriving UK casino market plays a role in acceptance

Bonuses and promos

There are many things that players like about online casinos, but one of the most important things is the fact that you can use many generous bonuses and promos when you are using sites like this. These bonuses come in different forms and they are created for different reasons. In many Internet-based casinos, players can find bonuses and special promotions depending on the payment method they’ve selected.

To be honest, both PayPal and Skrill are payment options with a long history which means that they already have thousands of users and most Internet users have heard about them. So, it’s the newer payment methods that usually offer some kind of promotions.

Generally speaking, casino PayPal options which don’t have Skrill in their offer can provide bonuses to those who are considering depositing PayPal funds and vice versa. Yet, the number of such bonuses is very small and you should consider yourself lucky if you find such a bonus.

• Online casinos are offering all kinds of bonuses and promotions for new and existing user
• Some casino sites provide bonuses for users that are relying on specific payment options
• There are only a small number of online casinos where you can find bonus for Skrill and PayPal deposits

Deposit Fees

We have already pointed out that users like PayPal and Skrill (Moneybookers) for different reasons, but most of them prefer these methods over other electronic payment options because there are no fees involved. In other words, when you are using PayPal or Skrill to deposit money for the first time or even when you are doing this for a while, you should not expect a fee on your deposit.

• Skrill and PayPal don’t have any fees on deposits
• There are fees for many other payment methods used in online casinos

Withdrawal fees

Unfortunately, the situation is a little bit different when it comes to withdrawals. Once you earn some money on your favorite casino site, be it a casino PayPal site or a casino Skrill site (or an online casino that accepts both solutions), you will probably want to withdraw the winnings.

So, players should expect certain fees, but the good news is that these fees are not very big. What’s interesting is that the fee structure is different in these two methods. First of all, generally speaking, Skrill requires 4.9% fee of the total withdrawal. On the other hand, PayPal charges 3.4% of the total withdrawal amount as well as 20p per transaction.

It’s obvious that PayPal charges people less. Additionally, we should mention that moving your funds from one account to another between Skrill users is not free. Namely, there is a 5% fee when you want to transfer money in this way via Skrill and no fees when it comes to PayPal internal transfers. Keep in mind that most online casinos won’t apply any additional fees to these transfers.

• Online casinos usually don’t charge additional fees to Skrill or PayPal withdrawals
• There is a fixed percentage per transfer for every withdrawal request via Skrill or PayPal
• PayPal typically charges less, but it also cuts a small fixed amount of money too

Deposit processing times

According to many surveys, online casino users are fond of payment methods like PayPal and Skrill because the processing times are short. This is especially true when it comes to placing deposits in online casinos which accept these methods.

What is really great is that most casinos will process the deposits in a matter of seconds. This means that you can start playing your favorite casino games right away. There is no need for additional verification and confirmation when you are using these two methods.

• Instant deposit processing times for both PayPal and Skrill
• No need for additional verification and confirmation

Withdrawal processing times

While it’s true that users have to wait for some time after they initiate the withdrawal process via PayPal or Skrill in their online casinos, it’s also true that these two methods are one of the fastest they can find there.

First of all, Skrill withdrawal requests are usually processed in less than 24 hours. There are just a few cases where casino Skrill sites are processing requests in up to 48 hours. This also means that this job can be done in 12 hours too.

On the other hand, PayPal has made an effort to cut this waiting period even more. So, in most cases, casino players have to wait for a couple of hours before their account is topped up with the money they have withdrawn from their favorite online casino.

Another thing that we should mention about withdrawal processing times is that most online casinos have their own processing times which are not related to these payment services. This means that some of them have verification processes that last a day or two before the request is redirected to the payment service.

• There’s a waiting period for withdrawal requests via PayPal and Skrill which is shorter compared to most payment methods
• PayPal processes these requests faster on average compared to Moneybookers
• Every online casino has its own verification process which usually lasts for a day or two

VIP features

Let’s be clear – online casino players are used to be treated like very important persons. This is quite understandable because there are so many online casinos out there and the competition is fierce. It seems that the electronic payment services like PayPal and Skrill are following these steps too.

When it comes to Skrill, you can expect many perks as a casino player and loyal user in general.

When you spend a significant amount of money in three months, you can get a VIP status. They have developed a VIP program which promises special promos, additional security, lower fees and dedicated professional support which is available 24 hours a day, 7 days a week.

In order to become a member of this program with a Bronze status, you must spend more than 6.000 Euros in three months. The Silver program will become available to you once you spend more than 15.000 Euros in this period of time. If you manage to spend more than 45.000 Euros you will become part of the Gold program and with 90.000+ Euros spend you will use the perks provided by their Diamond program. Obviously, just like a VIP status in an online casino, you can expect more perks with every new level you unlock.

You should not expect a VIP program for loyal users if you using PayPal. However, this doesn’t mean that you can’t expect privileges as a loyal PayPal user. As you probably know, PayPal has a special MasterCard. When you are using this card on the Internet, you are earning points.

These points can be used for getting prize cards, gift cards, cashback offers, travel vouchers, discounts and more. Users are able to use these points in a wide range of land-based and online stores where they can buy different products and/or services.

• Skrill has a special VIP program
• PayPal lets you earn points if you use their MasterCard
• Both options provide interesting perks

Advantages of using Skrill in online casinos

First and foremost, Skrill allows a safe and simple transfer of money in the form of an eWallet. It’s ideal for online users who want to transfer money to and from online casinos without security hassles. Using Skrill is easy because it requires logging in with the help of an email address and a password to transfer money.

This UK-based service is used by millions of people around the world (in over 200 countries and regions). Using Skrill promises instant deposits and fast withdrawals that don’t usually don’t take more than 24 hours to be completed. With Skrill, there’s a fixed percentage that is deducted from your withdrawal request in the form of a fee.

As a professional payment service, Skrill also provides professional customer support service which is available all the time. Most of the issues related to this payment service are resolved in a matter of minutes. Additionally, Skrill is available in more casinos compared to PayPal. With the help of Skrill, regular and loyal users can become VIP members. Being part of Skrill’s VIP program means using a wide range of perks.

• Skrill has a special VIP program for loyal users
• Skrill is available in a wide array of online casinos
• It promises instant deposits and fast withdrawals

Advantages of using PayPal in online casinos

PayPal is an older electronic payment service based in the United States. Today, it’s used by more than 280 million users in over 200 countries and regions across our planet. Many of these users are focused on gambling activities on popular casino sites.

Depositing and withdrawing money with the help of PayPal is a completely secure activity because PayPal has a few security certificates that are updated all the time. Just like in the case of casino Skrill options, casino PayPal options provide fast transfers. Depositing money is instant and it takes less than 24 hours for the money to be processed and withdrawn to your account once you initiate a withdrawal request in your favorite online casino.

It’s good to know that the processing fees are slightly lower compared to Skrill, but PayPal can’t be found in as many casinos as in the case of Skrill. PayPal also has a mobile application which works better than Skrill’s mobile app. With the help of PayPal, you can also get MasterCard card which you can use on the Internet and in land-based stores. PayPal might not have a VIP system, but it has a loyalty scheme which is based on earning points.

The more you use their card, the more points you will get. All in all, both PayPal and Skrill are excellent options for online gambling activities and we hope that this guide will help you make the right choice when you are selecting a payment method in an online casino.

• A very popular payment method
• PayPal guarantees safe, secure, and fast transfers of money
• It’s available in many online casinos around the world

With the internet rapidly immersing itself into every aspect of our daily lives, it was not long before online trading became a norm and urged the creation of a number of international payment systems. PayPal, Skrill, NETELLER, ecoPayz, Paysera, WebMoney – these are only a few of the names which have become common language in the world of online transactions for goods and services. This article will take a closer look at two of these: PayPal and Skrill.

Before proceeding to the main focus of the article, it is important to note that this analysis is based on the main markets of each of the two payment systems considered: the USA for PayPal and the UK for Skrill. Such an assumption underlies all of the subsequent tables and explanations for the sake of accurate comparison. Exact fees, terms and other information may, therefore, vary according to the specific countries in which these services are provided.

General information about Skrill and PayPal

It only took two years for Skrill to be launched in 2001 after the early foundation of PayPal in 1999. Although Skrill also had an early start in the trade, it was known as Moneybookers all the way up to 2011 when it underwent a large-scale rebranding campaign, taking the significant turn which has now led the company to its current standing. Meanwhile, PayPal had soon acquired a leading position in the electronic payments market through its acquisition by eBay in 2002. From then on, the company was quick to amass a generous portion of the market with one in every two of the largest online transactions passing through PayPal.

The American giant has scarcely lost its popularity as it now claims up to 300 million users as of 2020. This is no small number to compete with, yet Skrill nevertheless has managed to accumulate a commendable 36 million users from its UK market, albeit 8 times less than the former. Total numbers aside, Skrill is still far from having said its last word as its clientele appears to be growing faster than its competitor, at a 50% rate versus PayPal’s 20%.

PayPal’s worth is marked at a colossal $141 billion, whereas Skrill was acquired by Optimal Payments for just $1.1 billion. It does not take a statistician to see that both companies are worlds apart when it comes to scale and market capitalization. And yet, even such a drastic difference does not prevent both companies from competing against each other.

PayPal’s operations in the US are run on a license permitting the transfer of money. In 2007, the company was granted the status of a European bank after it established its headquarters in Luxembourg. Such expansion assigned them a banking license to operate freely throughout the European Union. In the Russian Federation, PayPal has earned the status of an extra-bank credit institution.

Right from its earliest creation, Skrill, then known as Moneybookers, held a license with the Bank of Ireland and now holds the European e-Money license which allows it to serve countries across the world with its payment service. The company is also licensed in every state of the US.

Comparison of Skrill and PayPal VIP programs

It is clear from the table above that PayPal’s take on privileged status levels is quite straightforward. Indeed, unlike payment services like Skrill, or NETELLER and ecoPayz, PayPal does not offer its users with the possibility of earning a VIP status and its associated benefits. The opportunity is simply not provided by the payment service itself and the closest one may come to such a loyalty scheme is the “Cash Reward Program”. Its terms state that bonus points may be earned on each purchase via the PayPal account linked to your bank card to be spent at the user’s discretion. This is most commonly translated into a cashback of up to 2% of the payment.

Participation in Skrill’s loyalty scheme relies on one principal condition: meeting the minimum transaction amount during the set time period of a year’s quarter. Meeting such a criterion will earn one a VIP Silver status after €15,000 worth in transactions.

What differentiates Skrill’s loyalty scheme from PayPal’s “Cash Reward Program” most significantly is the variety of functions for the user to benefit on. You are not just limited to the acquisition of goods and services, any deposit made to a gambling operator or casino table worth a total of €15,000 will automatically update your account to Silver status on the following day. A week later you might withdraw some funds back to your account and have it transferred to Pokerstars to be promoted up further to the next status level, Gold. You will not even be required to wait until the end of the current quarter for your upgrade to go through, your account will immediately be moved up to a higher level even before the start of the following period.

Comparison of Skrill and PayPal tariffs

Although loyalty schemes are an important feature to consider as part of a payment service, it is far from being a decisive criterion in the ultimate choice of payment service. Most users will be most intrigued to find out about the transfer volumes permitted and their associated fees, after all, a payment service is all about money – your money. Most will, therefore, want to skip over thorough multistage analysis and all of their intricate stat calculations and focus on what matters most: their payments.

You should keep in mind two important factors when consulting the payment information listed in the table above:

• The values in the table are subject to variations according to the user’s country of residence. For example, you will not have to pay for a deposit in the UK by bank transfer, but you will have to pay a 2.5% charge for a deposit made in Russia via the same method.
• Such information about payment methods and their associated fees tend to become outdated quite rapidly due to constant changes by the payment system. For up to date and exact information, you should consult the official Skrill or PayPal site, or otherwise get in touch with us for more information.

Until recently, using multiple currencies within Skrill came with some complications, mainly attributed to the need for VIP status to unlock access to an additional account. This has now changed, such that any user, regardless of status, may now enjoy all the advantages and practicalities of an additional multi-currency account where each account balance is expressed in a different currency of your choice.

You should keep in mind that a great number of inconveniences you may come across when using Skrill can be solved with an exclusive registration with Baxity. Whether it is speeding up your verification process to no more than 24 hours or granting you privileged access to higher status levels on preferential terms, Baxity can make your Skrill experience that much more simple and advantageous. You may obtain VIP Silver for €5000 within the first 30 days of registration and without having to pay for the mandatory €5 deposit to verify.

Comparison of Skrill Prepaid MasterCard and PayPal Prepaid MasterCard cards

You might think the payment services like PayPal and Skrill are entirely online-based, but one of their most attractive and popular features is in fact the use of MasterCard branded prepaid cards. Both companies provide their users with the option of ordering such a card, but on largely different terms. The most important ones are listed below.

PayPal lets its users obtain a ‘plastic’ MasterCard entirely free of charge, whereas this is only the case with Skrill for Silver status and above. The latter will otherwise charge you with a €10 annual service charge in addition to the initial cost of the order. Skrill does, however, operate on much more favourable time scales, delivering your prepaid card to your door in less than 10 working days instead of PayPal’s lengthy one month wait. Those are quite a few days lost which could be devoted to your spending. The British payment service scores another important advantage when it comes to the availability of its MasterCard which spans over all residents of the European Economic Area (EEA).

Skrill’s service further imposes itself in terms of the limited currency options which include Euros only. PayPal is, however, more suitable for large withdrawals via ATMs with its higher caps. Still, this last statement only holds true for comparisons between standard Skrill and PayPal accounts. When it comes to upgraded status levels with Silver VIP and above, the picture changes quite dramatically in favour of Skrill. At such VIP levels, your ATM withdrawals will no longer cost you anything when using your prepaid MasterCard.

Comparison of cashback and security in Skill and PayPal

Yes, cashback rates, loyalty programs and payment volumes are interesting factors to consider when selecting a particular payment service, but ultimately, nothing is more important than its security. What use is there to having hundreds of bonus points to spend or great commissions on your transactions if all the money in your account has suddenly been stolen. It is therefore essential to consider a close comparison of the security measures implemented by Skrill and PayPal to keep their customers safe.

Both companies come out quite strong on the issue of security. However, Skrill takes the upper hand slightly with the “Strict customer identification” scheme it put in place back in 2019. This is an additional safety check for account logins or transactions which comes in the form of a unique 6-digit verification code sent via SMS or email for a confirmation.

With regards to their cashback schemes, the results appear just as unanimous. Whilst the American payment service held an advantage on this front for many years, Skrill’s addition of its Knect program has recently evened up the competition.

Benefits Skrill and PayPal

Generally speaking, the key benefits of Skrill are as follows:

• Most popular payment system amidst gamblers and online traders from its past as Moneybookers. You will rarely find a poker room, online casino or bookmaker’s office online which does not have Skrill as a payment option.
• The combination of VIP statuses and the Knect program looks much more attractive than the PP bonus points offer.
• Higher security standards make it the most reliable service to take care of your money.
• Most rates and fees are lower than those put in place by its competitors, and advantage which grows significantly as one moves up in status level.
• The availability of multi-currency accounts alongside a much larger choice of national currencies lets one save up on conversion charges.

PayPal does also have its own strengths:

• A close connection with leading internet giant eBay allowed PayPal to become the most popular payment service in the world. While Skrill dominates the gambling niche, PayPal remains the #1 choice for any online purchase.
• Higher transaction speed. This is especially true for caches which are mostly instantaneous with PayPal but may take up to 24 hours with Skrill.
• It holds a banking license in the European Union, advocating for the reliability of the platform.

Comparison of Skrill and PayPal terms and conditions for merchants

With reference to the terms and conditions of each site, PayPal holds an unconditional advantage for sellers. PayPal has been an integral part of eBay for many years already which has given the platform an unmatched recognition amidst online buyers and sellers, even so far as to become a household name for many of them. Over its decades of operation, the platform has put in place a number of complex features which have significantly increased the attractiveness of its payment service for sellers:

• Seller Protection. A unique function which ensures that honest businessmen get paid as long as they have fulfilled all conditions on the delivery of their goods. The seller is required to confirm the shipment or delivery on the relevant form which is then put into review before making the money available.
• Buyer Protection. Although its primary purpose is to refund buyers if any problems arise with the delivery of the goods, it also indirectly helps to increase clients’ trust in the seller.
• The standard fee set for any goods sold through PayPal is just 2.9% + $0.3 per transaction. Adding a payment system as a payment method to your website can cost another $5/month.
• Easy and straightforward procedure to open business accounts. The seller is only asked to link a personal bank account or bank card to their profile to receive payments without the $500 per month withdrawal limit.
• PayPal Here. For just 2.7%, merchants may receive a card reader which allows them to process payments online wherever and whenever without the need of a business account.

Skrill’s interaction with merchants is not yet developed enough, mainly due to its relatively recent change in structure. When operating under the name Moneybookers, the company prioritised its relations with online gambling businesses or casinos and only undertook its rebranding in 2011. This set back has also meant that it missed out on becoming such a well-known household name like PayPal, relying mostly on its popularity amidst gamblers and traders instead.

Paypal To Skrill Deposit

Skrill has also had to take in a wave of negative reviews, paired with frequent account freezes due to suspicious transactions and poor support service, all of which have not helped its public image amidst sellers. Business fees set by Skrill are dependent on transaction volumes, with the lowest-earning merchants earning up to $3000 a month being charged at a 2.9% rate + 0.29 per purchase. This fee is however reduced by 0.1% for higher revenues.

Skrill Paypal Deposit Login

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Skrill Paypal Deposit Bonus

Before you make your final decision about which to choose, you should ask yourself one last question: “What do I want to use payment service for?” If you are looking for speed and convenience when depositing or withdrawing your money for trading or gambling purposes, then Skrill is your number one choice. But if you are hoping to go on an eBay shopping spree or make other small payments here and there, then PayPal is the best way to go.