CASHlib vs. Skrill

If you’re an avid fan of online gambling, you’ll inevitably run into popular payment options like CASHlib and Skrill on your many visits to different gambling venues. These services are some of the top choices for online gamblers, and this is justified by the excellent offers they have on their side. Essentially, these services have a convenient platform that makes transacting easy. Additionally, they’re both big on privacy, a perk that’s close to heart for many online casino fans. It’s safe to say that these features are more than desirable, but they’re not unique to these two methods. Several other services curate similar offers, which leads to an important question you’re probably itching to know the answer to. Why use CASHlib or Skrill for online casino transactions?

About CASHlib and Skrill

CASHlib and Skrill are fundamentally different payment options. The former is a voucher that users can purchase physically or online, while the latter is a modern eWallet that offers various advanced banking capabilities. Despite their differences, these two services share a few similar traits that give them an edge in the online gambling space in particular. Mainly, both tend to focus on privacy, guaranteeing users a much higher level of anonymity than what you’ll see with other methods. Additionally, both services act as prime bank card alternatives. In countries like Germany and the UK where credit cards are banned, these services are a breath of fresh air for casino connoisseurs.

It’s time to look at these services separately, and we’ll start with the voucher of the group, CASHlib. This service launched pretty recently. It debuted in 2015, gaining plenty of traction in several European countries. It didn’t take long for its popularity to spread to other regions, and in no time, the solution was a powerhouse, especially when online gambling and online shopping were in question. We’ve already mentioned one of the biggest reasons for this method’s success – its anonymity. It was essentially created to replace the use of bank cards, and its privacy and heightened safety did the job splendidly.

It’s worth pointing out that while CASHlib gained traction soon after launching, it had a very humble start. Unlike many other services, it had to bank on good reviews and word of mouth to spread to new people. Thankfully, good news travels fast! The service now boasts excellent reach, and it’s available in countries like the UK, Germany, Poland, Greece, Luxemburg, Belgium, French Guiana, the Netherlands, Spain, Guadalupe, and many others! In all of these territories, all you have to do to get your hands on this voucher is visit a nearby retailer that supports it. There are many of these around, so there’s not much to worry about. In several of these countries, picking up a voucher is even easier! You can get one online by visiting an authorized platform.

Skrill is a traditional eWallet, and among the first to make this type of payment method trendy. The service has been around for a long time. Since 2001, to be exact. With decades on the market, this solution has built a solid player base globally and become a staple in various fields. Naturally, its ability to foster online and physical payments is a big part of this. Another trait that’s given it an edge over the competition is its heightened anonymity. Like with the previous method, this trait makes the service a beloved option in the online gambling niche.

There are many interesting sides to this service, but one thing you might not have known about it is where it came from. Skrill, formerly known as Moneybookers, is one of three incredibly popular payment solutions released by the Paysafe Group in the late 90s and early 2000s. You’ve probably heard of the other two methods on this list – Paysafecard and Neteller. All of these services are powerhouses in their own right today, and a big reason for this is the synergy between them. Since they’re all run by the same company, they grow together, learning what works and what doesn’t as a collective. Naturally, the traits that move them forward are implemented across the various solutions, while those that don’t are adjusted or removed.

Skrill might be a big deal in the online gambling space, but its influence outside of it is also enviable. The service is available in more than 100 territories, making it one of the most widespread solutions on the market. Of course, there’s a good reason for this. Much of this service’s popularity can be traced back to the online shopping craze. This trend arose before this method was released when the internet was becoming a household necessity. Nearly every home had an internet connection, and with that, online shopping gained tons of traction. Unfortunately, scams were a big issue here, especially those misusing private user information. As you can probably guess, Skrill came as a saving grace at the time, offering anonymity that kept private data out of reach!

Now that you know what propelled this method to stardom, we can talk about a feature that many adore. Skrill has a rewards program that can be very beneficial to users. It’s made up of four tiers marked Bronze, Silver, Gold, and Diamond. To advance through these tiers, users need to be more active with the service. Essentially, the more you transact with the solution, the higher you’ll rank. Each tier comes with a unique set of benefits, including very useful ones like lower fees!

We’ve saved the best for last. To finish off this section, we’d like to discuss Skrill’s popularity in the online gambling scene. As we’ve said already, the service is a massive hit in this niche. It’s currently supported in around 1,000 gambling venues, making it one of the most widespread options on the scene. What makes the sheer quantity of operators here even better is the quality many of them boast. You’ll find this service is a viable option in premium online casinos that never fail to entertain. These venues host top-quality games, run frequent promotions, and offer tons of features to keep things fresh.

Getting Started with the Two Solutions

Getting started with CASHlib can be a hassle for some players, but it is well worth the trouble if you’re looking for total anonymity. At the moment, users can purchase the voucher in one of two ways. The first one is simply picking one up from a physical location. The easiest way to get to an authorized reseller for these vouchers is by using the locator tool on the solution’s website to point you in the right direction. It should give you a map of the nearest viable points of sale, so all that’s left to do is head there and make the purchase.

The CASHlib voucher comes in several denominations that range from €10 to €250. That number may feel a bit low for some users, but thankfully, there’s a solution to this. If you want to make a larger deposit, you can combine up to five vouchers for a maximum amount of €1250! Of course, this process does take up more time, so high-rollers might be a bit peeved by the additional effort. Another thing to note about the voucher is that it comes with a 16-digit code upon purchase. This code is a crucial part of using the service, so keep it somewhere safe until you need it.

The second way to get your hands on a CASHlib voucher is by purchasing one online. While this method is much more convenient, we have some bad news. Purchasing the voucher can only be done through the BeCharge platform, which is currently exclusively available in five countries. These include Spain, France, Luxemburg, Belgium, and the UK. If you’re lucky enough to have access to this service, the process itself is easy as pie. Head to the BeCharge platform, choose a voucher denomination that fits your needs and pay for it with one of the many options listed on the page.

Since Skrill is an eWallet, the getting-started process is much different than what we just discussed with the previous option. On the bright side, it’s fully online, so you needn’t bother leaving your home to get everything in order! The first thing to do is visit the service’s website. Once there, find the sign-up button and you should be in. The first step of the process is pretty simple. It includes filling out a standard registration form with personal details. You should get through this in minutes. The second part is identity verification. To complete this step and activate your account, you’ll have to submit a valid photo ID for approval. Some options here include a driving license, government-issued ID, or a passport.

Your account should now be up and running, but there is one more thing to do before you can proceed - fund it! You should have no trouble topping up your Skrill account with the supported options here. These include solutions like VISA, MasterCard, Diners Club, American Express, JCB, Rapid Transfer, Bank Transfer, Trustly, Paysafecard, and several others! Unfortunately, there is some bad news regarding funding your account. Doing so incurs a fee, no matter which option you choose. On top of that, options like bank cards might charge an extra “cash advance” fee.

Using CASHlib and Skrill Across Online Casinos

We’re more than pleased to tell you that both of these methods are pretty popular in the online gambling space. With CASHlib, users are privy to just over 100 venues. This might not be as impressive as the other method on the list, but it’s more than enough options to find an excellent fit. With Skrill, users have access to nearly 1,000 online casinos! The options here are practically endless, so you can browse countless gambling sites with different specialties. 

If you’re one of the many CASHlib fans looking to take advantage of the service’s offer, here’s how you can use it to deposit in an online casino:

1. Head over to the casino’s Cashier/Payment Methods/Banking page and find CASHlib’s logo.
2. Click or tap on it, and in the pop-up window, enter the 16-digit code you received with the purchase receipt. 
3. Confirm the transaction.
4. The money you had on your voucher will be instantly transferred to your online casino balance.

We’ve come to one of the most dreaded parts of this text, the bad news about CASHlib withdrawals. As you might have already guessed, this service doesn’t support withdrawals. Due to being a prepaid voucher, it’s only available for deposits. To cash out your winnings from your chosen venues, you’ll need to add a withdrawal alternative to do the job. We suggest going for an eWallet or cryptocurrency. Both have short processing times, with the latter lacking fees in nearly all instances.

If Skrill is the deposit method that’s caught your eye, here’s how you can proceed to use it in an online casino:

1. Visit the casino’s Cashier/Payments/Banking page and look for Skrill’s logo.
2. Press it, and a new window will appear.
3. Log into your eWallet account using your credentials.
4. Specify how much you’d want to fund your balance, and confirm the transaction.
5. The money should appear on your balance instantly.

Fortunately, withdrawals with Skrill are not only available, but they come with some excellent perks. First, the withdrawal process is easy. It’s practically identical to depositing, with minor changes that feel intuitive. An even bigger perk to using this service for withdrawals is the speed! In most cases, your cashout will arrive on your balance in about 24 hours. The waiting time can be extended to a maximum of three days, which is still much faster than what you get with many other banking solutions.

Advantages and Disadvantages

Most of you might struggle with choosing one method over the other. CASHlib and Skrill are both excellent picks for the online gambling space, so settling on one of them is a big decision. We’ve already laid out plenty of information about these services to help make the choice easier, but in this last part of the text, we’ll give you one more push toward the right choice for you by going over the biggest pros and cons of these solutions.

There is plenty to be stoked about with CASHlib. The service has an excellent offer on deck, boasting top-tier security and convenience. Of course, the best part of this method is its complete anonymity. Players don’t have to share any personal details with a service, bank, or casino to transact with the service, which is a massive pro in the online gambling space. Unfortunately, the one downside this solution has can be an instant deal-breaker. Since this service is a prepaid card, it doesn’t offer players a way to withdraw their winnings.

Skrill also leaves a positive impression. The service is known for its speed, ease of use, and anonymity. These traits combined make the perfect online gambling cocktail! Surprisingly, the service’s biggest advantage is none of the traits listed above, but its availability! This solution is mega-popular in the online gambling world, so it’s a viable option in nearly every venue you explore. The con of using this service is one we face when looking for a payment solution – fees. Although reasonable, these fees apply to every transaction made with the eWallet. 

We’ll end things on a positive note. No matter how you twist and turn, these payment solutions are some of the best options available to online gambling fanatics. CASHlib and Skrill lead to an unforgettable online gaming experience, so give them one last cursory glance and choose the service best suited to how you roll!