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Skrill with PayPal

Skrill vs PayPal: Fees and withdrawals

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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.

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