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Skrill with PayPal
Skrill vs PayPal: Fees and withdrawals
When using either of these payment methods, there is no additional costs or fees when it comes to making deposits into your casino accounts. When you need to make a cash withdrawal from your bank account, you would then have to pay some transaction fees.
When making a cash withdrawal with PayPal, you get charged 3.4% of the total amount plus 20p while for Skrill, the transaction fee is a tad higher, standing at 4.9% for any withdrawals you make.
When it comes to transferring money between accounts, you can do so for free with PayPal, but Skrill charges a 5% fee.
When taking this information into consideration, as a user, it is more worth it to use PayPal but it’s not widely accepted at online casinos.
Processing times are another important factor. When you need to make a cash withdrawal, Skrill withdrawals can take up to 24 hours to show up in your account, while PayPal can process your withdrawal in under 2 hours, depending on a number of factors. If you have received money from a previous source, then your cash withdrawal will be processed much quicker.