Australian Payment Methods 2024: Skrill

Skrill has been around almost as long as the likes of PayPal and Neteller, so has managed to gain a very good reputation as a popular payment method for punters to use on the betting sites that allow it.

On this page, we’re going to provide you with all the details you could need to help you decide whether or not Skrill could work out to be an ideal payment method for you to use on your betting adventures.

Skrill, established in 2001 and subject to oversight by the Financial Conduct Authority, is a British payment system headquartered in London. The primary focus of Skrill is in facilitating monetary transactions, although it has garnered significant popularity among those engaged in Australian sports betting.

Skrill has a prepaid card and provides the option to operate an electronic wallet, which is accessible in four currencies: GBP, EUR, USD, and PLN.

Skrill comes with a number of benefits over some of the more traditional payment methods that you may be used to using at your favourite betting sites.

Here are some of the greatest benefits of using it:

With Skrill, your betting funds are essentially always on standby.

Create an account with ease in almost no time at all, top up your account and then make payments into your betting account whenever you need.

The organisation demonstrates a strong commitment to upholding the Payment Card Industry Data Security Standard (PCI DSS), which is widely regarded as the most rigorous framework for safeguarding data in the payments sector.

In addition to the most recent advancements in internet security protocols, clients have the option to adopt supplementary measures in order to safeguard their betting accounts.

Payments made into your betting account will always be available instantly, so you never have to wait for funds to process so that you can start making your bet selections.

Sports news and tips can sometimes come from very unlikely sources - even your payment method can help you capitalise on your sports bets these days.

The Skrill app is enriched with valuable information that you can use to make sure you’re adding the best options to your bet slips.

Looking for a betting site that accepts Skrill as a payment method? Here are our top picks:

Bet365 is one of the biggest betting sites around the world, with a constant flow of Aussies jumping on the bandwagon since it became available to them in 2012.

A vast array of sports betting markets can be discovered in addition to the three racing codes and thanks to great live-streaming and in-play betting markets, punters can experience the ultimate live betting experience.

Unibet maintains its status as a prominent player in the business by offering comprehensive resources that enable its clientele to engage in sports betting and cultivate their passion for gambling.

Unibet Australia is committed to providing a user-friendly platform that facilitates depositing, gaming, and money withdrawal, accompanied by attentive customer support from individuals well-versed in the Australian industry.

Betfair has the distinction of being the biggest betting exchange globally. An essential component for Australian punters, particularly those who engage in horse racing betting, is the possession of a Betfair Exchange account due to its distinctive features.

Betfair prices consistently surpass the finest tote, making it an indispensable platform for wagering.

Skrill is a reliable electronic wallet solution that can be used with complete peace of mind for online gaming. They use the same encryption methods used by banks to keep their customers' financial data safe. 

In addition to the latest in internet security protocols, consumers may take extra precautions to protect their betting accounts. 

They are dedicated to adhering to the PCI DSS, the highest standard for data security in the payments industry. They provide two-factor authentication (2FA) for further security during financial dealings.

Skrill doesn't charge you anything to sign up for an account. In order to make secure and hassle-free online payments, you need just fill out a short registration form with your name, surname, nationality, email address, and the password you choose for yourself. 

If no foreign exchange fees are incurred, receiving funds through Skrill is also free. Using Skrill to send money to other "Skrillers" or transfer money to an overseas bank account are two of the few exceptions to this rule. 

There is a 1% charge for wire transfers and a 4.99% fee for using a credit card. Adding funds to your Skrill account is free of charge, although certain ways of paying may incur a fee of at least 1%.

Skrill has simplified the process of depositing and withdrawing funds at online gambling sites. After setting up your Skrill account, it will just take a few clicks to start funding your betting account.

Withdrawals may be requested in a matter of minutes with little effort. Your money might be handled immediately or it could take the bookmaker up to 72 hours, depending on which bookie you choose to sign up with.