Gamers appreciate fast and secure payment methods. It isn’t enjoyable when deposits and withdrawals take too much time. Knowing this, Canadian online casino operators always ensure they incorporate the best payment methods on their websites to satisfy their customers, especially in speed and security.
Rapid Transfer by Skrill is one of the top payment methods used by leading online casino operators in Canada. While many are familiar with Skrill, few know Rapid Transfer under the brand. However, our post today will discuss Rapid Transfer by Skrill, how it works, and the steps for funding your Canadian casino with it.
Canadian Crypto Casinos Accepting Deposits via Rapid Transfer by Skrill
Getting Started with Rapid Transfer by Skrill
Rapid Transfer by Skrill was established in 2018. Paysafe Group, the parent company of Skrill, developed it. Paysafe is a leading global provider of online payment solutions. Rapid Transfer was launched in response to the growing demand for fast, secure, and convenient online payments. It is one of the first instant bank transfer payment solutions launched in Europe. It has quickly become a popular choice for top online casinos.
How to Set up Rapid Transfer by Skrill
As mentioned earlier, Rapid Transfer was developed by the parent company of Skrill, Paysafe Group. So, to use the rapid transfer, you have to create a Skrill account. After that, you can proceed to using Rapid Transfer.
Follow the steps below to set up a Rapid Transfer:
- Go to the Skrill website and create an account if you don’t already have one.
- Verify your Skrill account by providing your personal information and uploading a copy of your government-issued ID.
- Add your bank account to Skrill. You can do this by going to your Skrill account’s “My Money” section and clicking “Add Bank Account.”
- Select Rapid Transfer as your preferred bank transfer method.
- Once you have completed these steps, you can use Rapid Transfer to deposit money into your Skrill wallet or pay online directly from your bank account.
How to Deposit with Rapid Transfer by Skrill at Canadian Crypto Casinos
To deposit with Rapid Transfer by Skrill at Canadian crypto casinos, you will need to:
- Create an account at a Canadian crypto casino that accepts Rapid Transfer by Skrill or one of those mentioned above
- Go to the casino’s cashier page
- Select Rapid Transfer by Skrill as your deposit method
- Enter the amount of money you want to deposit and click on “Deposit”
- You will be redirected to Skrill’s website
- Enter your Skrill login credentials
- Confirm the payment
- Once the payment is confirmed, the funds will be transferred to your casino account instantly.
How to Withdraw with Rapid Transfer by Skrill at Canadian Crypto Casinos
Unfortunately, you cannot process withdrawals using Rapid Transfer by Skrill. However, there are several other withdrawal methods available to Canadian players at crypto casinos. Some of the most popular include:
- Interac e-Transfer
Rapid Transfer by Skrill’s Transaction Fee
Rapid Transfer by Skrill only charges a maximum of 1% on transactions. It has the following lowest fee after bank transfer in Skrill.
Rapid Transfer by Skrill vs Standard Skrill Deposits
As mentioned above, Rapid transfer only charges a maximum of 1%. However, the table below shows the percentage charge by other deposit methods by Skrill.
|Rapid Transfer||Standard Skrill Deposits|
|Charges a maximum of 1% on deposits||While Skrill Bank Transfer are free, others charge up to 5%|
|Rapid Transfer cannot be used for withdraws||Most other Skrill deposit methods can be used to withdraw|
|Transfers are typically instant||Standard Skrill deposits may take some time to reflect|
Pros and Cons of Depositing with Rapid Transfer by Skrill
- Rapid Transfer deposits are instant
- Safe and Secure Transaction
- Depositing with Rapid Transfer is very easy.
- Available in top Crypto Casinos in Canada
- Up to 1% depositing fee
- Not available in all Canadian casinos
- Minimum deposit €10
Rapid Transfer by Skrill is an excellent method of depositing in online casinos in Canada. It is safe, secure and rapid, as its name implies. Furthermore, it has a very low transaction cost, making it even better.
However, it does not support withdrawal which is a major drawback. Alternatively, Canadian bettors can use cryptocurrencies for funding and withdrawing from their preferred casinos. It is safe, fast and private.
Alternatives to Rapid Transfer by Skrill
No, you can’t. It’s only available for depositing.
You can be charged up to 1% of your total depositing amount.
You can deposit as low as €10 with Rapid Transfer.