What Is Skrill and How Does It Work?
Skrill is a digital wallet owned by Paysafe, the same group behind Neteller and paysafecard. You open a Skrill account, add money from your bank account or card, and then use the wallet to pay online merchants, including casinos. The casino receives the payment from Skrill and never sees your bank or card details.
In May 2023, Paysafe launched an upgraded Skrill wallet built for regulated iGaming in Ontario, designed to let players fund their wallet directly from Canadian bank accounts. To use it at a casino, your Skrill account and your casino account must be in the same legal name, and both will ask you to verify your identity.
How to Deposit with Skrill
- Open and verify a Skrill account in the name used for your casino account.
- Add funds to Skrill from your Canadian bank account or card.
- Open the casino cashier and choose Skrill, if it is listed.
- Enter the amount and sign in to Skrill to approve the payment.
- Confirm. Deposits are usually credited instantly.
How Skrill Withdrawals Work
Most casinos only pay withdrawals back to a method you have already used to deposit, so you normally need to have deposited with Skrill first. After the casino approves the request, including identity checks on your first withdrawal, the money usually reaches your Skrill wallet within 24 to 48 hours. You can then keep it in the wallet or transfer it to your bank account.
Skrill Fees and Processing Times
| Item | What to expect |
| Deposit time | Usually instant |
| Withdrawal to your Skrill wallet | Usually 24–48 hours after casino approval |
| Casino fees | Usually none; check the cashier |
| Skrill fees | Can apply to currency conversion and to moving money from Skrill to your bank; check Skrill’s current fee page |
| What you need | A verified Skrill account in the same name as your casino account |
Keep your Skrill balance in Canadian dollars to avoid conversion charges, and check the casino’s minimum deposit and withdrawal amounts for Skrill before you pay.
Is Skrill Available at Ontario Casinos?
Skrill is accepted by a limited number of casinos registered with the AGCO. Among the brands we review, Betway lists Skrill for Ontario players, while several other large brands do not offer it in Ontario. Cashier options can differ between a casino’s Ontario site and its sites for other markets, so check the payment list on the Ontario version or ask the casino’s support team before you register.
Only use Skrill at casinos licensed for Ontario. Offshore sites that promote e-wallets heavily do not give you the player protections, dispute process and responsible gambling tools of the regulated market.
Skrill vs Other E-Wallets
| Method | How it compares |
| Neteller | Also owned by Paysafe and works in a very similar way; even less common in Ontario |
| PayPal | Better known and offered by some Ontario casinos |
| MuchBetter | App-based wallet with fast withdrawals at the casinos that accept it |
| Interac e-Transfer | Not a wallet, but accepted at most Ontario casinos and pays straight from your bank |
Pros and Cons of Skrill
Advantages:
- Keeps your bank and card details away from the casino
- Instant deposits and quick withdrawals to the wallet
- One wallet balance you can use at several casinos
Disadvantages:
- Offered by only a few Ontario-licensed casinos
- Fees can apply to conversions and bank transfers
- An extra account to open and verify
Play Safely
Whichever payment method you use, set a deposit limit in your casino account before your first payment and only play at casinos licensed for Ontario. Gambling is for adults 19+ and should be treated as entertainment. Free, confidential support is available 24/7 from ConnexOntario at 1-866-531-2600. Read more on our responsible gambling page.