The appeal for e-wallets continues to grow as Canadian gamblers seek fast and reliable payment options. Reports from Statista show that Canada’s digital payment market is expected to grow by 9% annually, with e-wallets being a primary contributor to this surge. We’ve seen new entrants in the Canadian iGaming space with names like eZeeWallet, MuchBetter, and MiFinity.
- 30 CAD Min Deposit
- Daily Cashback
- Daily Free Spins
- eCheck via UTORG
- www.luckyreels.io
- 83%
- via UTORG
- Yes*
Among the diverse e-wallet solutions available today, Skrill stands out as a viable choice for speed and efficiency in transactions. Deposits via Skrill are processed instantly, with low transaction fees to worry about. However, this article will not only focus on Skrill as a casino payment method. Instead, we’ll talk about the blossoming partnership between Skrill and UTORG and how it’s transforming the casino payments landscape. We’ll also compare UTORG SKRL with other Skrill services to help you make a better choice. Keep reading!
What is Skrill?
Skrill is an online payment service established in 2001. This UK-based payment method is owned by Paysafe Group, the same brand behind Neteller and Paysafecard. Initially, Skrill started as Moneybookers and grew to become Europe’s top three online payment providers. However, in February 2013, Moneybookers rebranded its service to Skrill as we know it today. This coincided with the purchase of Paysafecard, a popular prepaid card service.
Presently, Skrill has a vast customer base of 40+ million users and 170+ online merchants. It prides itself on providing convenient casino deposits and withdrawals without needing bank codes or details. Skrill offers multiple payment solutions in 100+ countries and supports 40+ currencies, including CAD. In addition to providing e-wallet services, Skrill supports card payments and bank transfers worldwide. All you need is your Skrill email and password to enjoy convenience in payment.
What is UTORG?
Founded in 2019, UTORG is a reputable Fintech brand with around 50 employees. UTORG provides quick and convenient fiat-to-crypto exchanges at affordable rates. Despite its stature, UTORG has a widespread global reach. It’s available in 175+ countries, where it partners with tens of alternative payment methods (APMs) to provide seamless currency conversion services. An example is UTORG SKRL, which instantly converts Skrill money into cryptocurrencies.
Other popular APMs that partner with UTORG include:
- Visa
- Mastercard
- Maestro
- American Express
- Neteller
- Paysafecard
- Trustly
- Rapid Transfer
- Apple Pay
- Giropay (However Giropay is set to be shut down by the end of 2024, with the European payment system Wero replacing it).
- Interac (new)
But is UTORG secure and reliable? This European crypto exchange platform has a PCI DSS (Payment Card Industry Data Security Standard) certificate. This compliance means that UTORG is committed to adhering to the safety and security policies of the PCI Security Standards Council. To get this certificate, a company must undergo 400+ test procedures and audits.
UTORG also implements strict KYC (Know Your Customer) and AML (Anti Money Laundering) procedures to prevent money-related crimes. Interestingly, this service uses AI-based data processing that ensures document verifications within 3-5 minutes. To meet this security requirement, upload a copy of your ID and a selfie while holding it.
The Partnership Between Skrill and UTORG
The partnership between Skrill and UTORG wouldn’t have come at a better time for online gamblers. The use of cryptocurrencies to play casino games is on the rise, with coins like Bitcoin, Ethereum, and USDT becoming widely accepted. However, some gamers can struggle to manage their own crypto wallets, complicating casino deposits and withdrawals.
Thankfully, UTORG SKRL offers a more convenient way out of this problem. It allows players with funded Skrill accounts to make casino deposits in cryptocurrencies. In other words, you don’t need a crypto exchange wallet to do that. Overall, it’s a partnership that allows you to enjoy the convenience of Skrill payments and cryptocurrency’s unbreakable security measures. If you don’t know how to purchase crypto, we highly recommend our guide here, focusing on eCheck as the payment modality.
Keep in mind that some casinos with UTORG may not have Skrill or Neteller payment services. Therefore, it’s important to learn how to differentiate these payment services. The UTORG services are always indicated as UTORG Skrill or UTORG Neteller. An example is LuckyReels Casino, as depicted in the screenshot below.
How to Use Skrill Via UTORG to Make Deposits to iGaming Sites
Now, let’s get a little practical by discussing how to deposit money into your casino account using UTORG Skrill. Remember, this service is available only for casino deposits. You may have to find another alternative, like Skrill, Neteller, or eCashout by Wyzia, to withdraw winnings.
Features of UTORG Skrill for Casino Deposits
Before we walk you through the deposit steps, let’s first discuss the key features of this iGaming partnership. First and foremost, Skrill is known for processing casino deposits instantly. UTORG leverages this infrastructure to ensure crypto deposits hit your casino account instantly. However, this could take up to 10 minutes.
Here’s how it works: after choosing UTORG SKRL on the casino cashier, you’ll be redirected to a new page. Here, you’ll consent to making a deposit. The specified amount will be subtracted from your Skrill account balance and converted to crypto before being sent to your casino balance. You don’t need to purchase cryptos at any point because UTORG does all the work.
But before making UTORG deposits, you must create a Skrill or Neteller account. The good news is that creating an account is absolutely free. You only need an email to verify using a one-time code. Skrill will also ask for phone number verification before you can deposit funds.
All in all, UTORG Skrill is an excellent way to make casino deposits without sharing any bank details or experiencing long waiting times. It’s more like e-Check, which allows you to make instant casino deposits directly from your bank account without registering anywhere. And yes, most Canadian casinos don’t charge fees on UTORG deposits.
How to Use Skrill for Casino Deposits
Enough of all the blub. Here are steps on how to initiate UTORG Skrill deposits. It’s a straightforward process, as you’ll find out below:
Step 1: Find a UTORG SKRL casino and sign up.
First things first – find a casino that offers this payment option. You can do that by comparing several casinos and reading the payment terms to know which ones provide UTORG SKRL transactions. We’ll use LuckyReels.io as an example in this guide.
Step 2: Set up a Skrill account and verify it.
Once you have found a UTORG Skrill casino, open a Skrill account if you don’t have any. As mentioned earlier, registration is hassle-free, as you only need an email and phone number. Follow these steps:
- Visit https://www.skrill.com/en/, then click “Register” to open the sign-up form.
2. Next, enter your country, province, and currency, then click “Next” to proceed.
3. Enter your email, create a password, and then accept the Skrill T&Cs to register.
4. Fill out the code sent to your email before providing your personal details.
5. Complete the form with your address details, then confirm your phone number.
6. Lastly, provide Skrill with verification details, such as your ID and bank statement.
Step 3: Deposit funds into your Skrill account.
You’ll need a funded Skrill account to use UTORG SKRL at LuckyReels Casino or your preferred gaming site. Skrill allows you to deposit using options like credit/debit cards, bank transfers, or other verified Skrill accounts.
To deposit, log into your Skrill account and choose a deposit method. Then, enter your card details, such as expiration date and CVV code, and specify an amount to deposit. Finally, review and confirm the Skrill deposit. That’s it!
Step 4: Make a casino deposit using UTORG SKRL.
With your Skrill account topped up, make a casino deposit. Open the LuckyReels.io cashier page, then choose UTORG SKRL as the deposit method. Next, enter the amount you want to deposit, and you’ll be redirected to a new “Exchange order” page.
Confirm the order, then log into your Skrill account to complete the transaction. Deposits via UTORG SKRL are instant, although you may sometimes have to wait up to 10 minutes.
Benefits of Using UTORG SKRL for Casino Deposits
As you may have noticed, casinos offer dozens of payment methods, including direct crypto deposits and withdrawals. So, why should you skip every other option for UTORG SKRL? Below are a few reasons:
Speed and Convenience
We all want to enjoy speedy transactions when gambling online. UTORG SKRL ensures you receive casino deposits instantly so you can start playing as soon as possible. That’s not all. You don’t need to complete any sign-up process to deposit using this beginner-friendly payment method. All you need are your Skrill login details to deposit and play.
Global Accessibility
Skrill is among the most widespread e-wallets today. This payment method is available in 200+ countries, including Canada, where it partners with dozens of online casinos. Skrill also supports 40+ currencies like CAD, USD, and EUR, making it a convenient option for local transactions. On top of that, gamers can use UTORG SKRL in 175+ countries.
Bypass Local Restrictions
Skrill may be available in hundreds of countries, but this e-wallet also has restrictions for multiple countries. For example, Skrill isn’t available in Curacao, meaning some Curacao-licensed casinos may not offer it. Thankfully, SKRL UTORG can help gamers bypass these restrictions. Remember, cryptocurrency is a decentralized currency that you can use almost anywhere. And Skrill is not directly sending money to an iGaming site here, that’s why it works. It’s merely purchasing crypto. And UTORG handles the deposit process for you.
Loyalty Program
Only a few payment methods reward their customers. Skrill has a Knect Loyalty Program where you’ll gain points each time you transact. After that, you can proceed to exchange the points for rewards. Simply log into your Skrill account, then click the “Knect” button to register for this loyalty program.
You can use Interac to Fund your Skrill Account (new)
Skrill has recently partnered with Interac, the leading Canadian payment provider. Since May 14, 2024, Interac has been officially listed as a Skrill e-wallet funding option.
Deposits via Interac will be free until July 31, 2024, providing a convenient option for users on the go. To deposit, simply select Interac on the Skrill deposit page, choose your amount, and follow the prompts to complete the transaction. After July 31, a standard fee of up to 2.5% will apply.
Our readers will already be very familiar with Interac through our posts reviewing Loonio and Payper, which are two fantastic deposit options by themselves in 2024. Although they are not as widely accepted as crypto.
Potential Challenges and Considerations
Using UTORG SKRL for casino deposits can be highly convenient, but it’s not without its challenges. You may encounter some roadblocks when trying to use this payment method, but the good news is that most of these issues can be resolved quickly with the right approach. Here are some common challenges you might face and how to address them:
Verification Requirements
Skrill and UTORG have strict verification requirements to ensure compliance with KYC and AML practices. You must meet these criteria before making a deposit. Fortunately, the verification process only takes 3-5 minutes. UTORG may request further details if you exceed the €15,000 monthly limit.
Account Restrictions
Skrill can limit your account due to non-compliance with the T&Cs or verification issues. For example, your Skrill account can be limited if there are contradictions between the sign-up details and verification information. As such, make sure to provide sign-up information that you can verify. Yes, this includes using your real names.
Transaction Fees
Initiating a Skrill deposit can come with multiple fees. So, before choosing this payment method, read the conditions to know the associated transaction fees. Here are some of the charges for Canadian players:
- Currency conversion fee: 3.99%
- Service fee: €5/month after 6 months of account inactivity
- Skrill to Skrill transfer: 2.99%
- Domestic transfers: up to 2%
- Withdraw funds: 3.49% (Neteller), $8.05 (Bank Transfer)
- Deposit funds: 2.50% (credit/debit cards), 5% (Paysafecard)
Comparing UTORG SKRL to Other Skrill Services
The beauty of using Skrill is that you don’t need to limit yourself to using UTORG. Instead, you can explore other Skrill-backed payment services that cater to different banking needs. Below, we’ll compare UTORG SKRL with Skrill’s other payment solutions for casino players.
Skrill 1-Tap
The name says it all. This payment solution offers a 1-click service that allows you to deposit funds into your casino account from your Skrill balance. Unlike UTORG, 1-Tap customers receive email notifications to check the progress of their Skrill payments.
In addition, it’s a subscription-based model. You’ll subscribe to a merchant (casino) using your Skrill wallet and transact until the subscription ends. Skrill 1-Tap supports instant and free casino deposits in 30+ currencies, including CAD.
Skrill Rapid Transfer
Rapid Transfer is another Skrill-owned service that you can use to make casino deposits. As the name hints, this payment method provides instant access to your bank account. This allows you to make fast Skrill or casino deposits with your bank balance.
One thing that makes Rapid Transfer shine is the lightning-fast payment. Funds will instantly appear in your Skrill or casino balance, and you don’t need to undergo any bank-related security checks to make a deposit. It’s an excellent alternative to Bank Wire and credit/debit cards.
Skrill
Lastly, you can opt for standard Skrill payments if UTORG SKRL isn’t available. This is one of the most widely accepted casino payment methods. With Skrill, log in with your registered email and password to complete a casino deposit.
Skrill also supports instant and free deposits on most gaming sites. Conversely, withdrawals can take 24 hours. This is the sole Skrill-supported payment option that allows for casino withdrawals. Nonetheless, deposits through Skrill and Neteller might not be eligible for casino deposit rewards. So, read the bonus print before making a Skrill deposit.
Conclusion
We hope you have learned a lot from this casino payment method guide. Although it’s still a new payment method, UTORG Skrill is revolutionizing online casino transactions. This payment option is both quick and simple, with instant deposits. Additionally, participating in the Knect Loyalty Program offers the opportunity to accumulate points and receive thrilling prizes.
It’s important to note that UTORG SKRL isn’t always available for casino payouts. In that case, you can use the standard Skrill service to request casino withdrawals. Nevertheless, UTORG provides convenient casino deposits, especially if you’re a cryptocurrency player. Join this new iGaming trend in Canada. Don’t be left out!
