Back in the old days, there was only one way to pay for slot machine games – by inserting coins into a physical machine. However, with the rise of online slots, they are now fuelled by digital payment methods such as Skrill and PayPal. These are both great payment methods at Mega Reel, but which one is better? We hear this question frequently, so we are going to be answering exactly that. Read on to find out more!
Firstly, let’s investigate the lesser known payment method, Skrill. This is essentially a digital wallet provider that you can store money in, allowing you to pay for online slots with just a click of a button. Many people are still using antiquated payment methods such as online bank transfers, but digital wallets such as Skrill are super convenient. Here are a few reasons why:
– Depositing cash is completely fee-free
– Cash transfers are almost instantaneous, much faster than old-school payment methods
– The service supports 41 different currencies!
All these points are important – after all, we want our slot payments to be as cost-effective and fast as possible. However, the third point is very noteworthy, it essentially means that Skrill supports just about every major currency. As a result, it’s a very convenient digital wallet service for casinos as it allows for just about anyone to play without having to pay for expensive transfer fees. However, it should be noted that whilst deposits come without any fees, withdrawing your winnings back into your bank account will be subject to a small fee.
Now that we’ve explored the pros and cons of Skrill, let’s look at the famous PayPal – you’ve probably heard of it! You probably already have a PayPal account, but did you even know that it can be used for online slots? Let’s investigate some of the benefits to using this service:
– PayPal has a long-standing reputation for being one of the safest and most secure digital payment methods
– You probably already have an account, so no set up will be required. If you don’t, it’s very easy to do.
– Not only are deposits free but withdrawing funds into your bank account are also completely fee-free!
The main benefit here is clear – as opposed to Skrill, withdrawing your winnings from your PayPal account into your bank account is 100% free. However, there is a slight catch in that PayPal only supports 25 currencies, as opposed to Skrill supporting 41. Whether this is a problem all depends on the currency that you intend on using.
Both Skrill and PayPal are useful payment methods, so it can sometimes be difficult to choose which slot sites to use. Ultimately it comes down to your preferences – if a wide-range of currencies is important to you, Skrill sites are going to be the best option. However, if you just want to use GBP and are more concerned with withdrawal fees, PayPal slot sites will be a better option. However, why not set up both? This way, you can access just about every slot site out there and reap all the benefits!