Skrill vs. Neteller, which one is better?

Neteller and Skrill are the leading e-wallets providers, and many people get confused while deciding which one is better! This article will compare the key features to make everything easy for our viewers. 

Neteller vs. Skrill detailed comparison

Neteller vs. Skrill

Neteller vs. Skrill – Depositing money

Depositing money through these services is super simple. Visit their websites and create a user account. After that, there will be plenty of deposit options like e-cheque, credit or debit card, and bank wire. 

Neteller

Neteller is offering many options for depositing money, such as through transfer through bank, moneta.ru, trustly. 2.55% will be charged as a deposit fee for using other options. 

Neteller is providing 28 different currencies for account transfers. Users have an excellent opportunity to have cryptocurrencies in their digital wallets. If you buy and sell crypto tokens with EUR or USD currency, then 1.50% will be the charging fee, and for other accounts, it will be 3.00%. Transactions with regular or flat currency will be charged 3.99% per transaction. 

In case of account inactivity for over 14 months, users would be charged 5 USD per month.

Skrill

Skrill many free options to deposit money, such as Maestro Debit Card, bank transfer, and Swift. There is a 1.90% deposit fee via Paysafecard that never exceeds 5.5%.

Users can choose a currency from more than 40 options. Users can select four different currencies in a single account. If you stay inactive for 12 months, then you will be charged 1 EUR per month.  

Skrill e-wallet service also comes with a feature to sell or buy various cryptocurrencies such as LTC, BTC, ETH, and BCH. 1.50% will be charged per transaction for purchasing or selling using USD or EUR. For other currencies, the transfer fee will be 3.00%. 

Neteller vs. Skrill – Withdrawing from your digital-wallet

Skrill

Users of Skrill service can withdraw money using credit or debit cards, local transfers through bank, etc. It will charge 3.95 EUR and take 2-5 working days for sending money to your bank. Withdraw with credit or debit cards and all other send money methods will deduct charges from 1.45% to 5.50%. 

Withdraw fee for swift is 5.50 EUR. With a Skrill card, you can receive instant payment at any ATM with just 1.75% charges.

Neteller

The withdrawal method for both services is the same, but Neteller users can withdraw money via cheque also. Users have to wait for 3-5 working days and pay 10 USD as a flat withdrawal fee. Money transfer charges withdraw fee from 1.45% to 5.50%, and member wire charges 12.75 USD. Always use a Net+ prepaid card for instant and free withdraws.

Neteller vs Skrill – Transaction Fees

Skrill

Making any international transaction through a savings account, and paysafecash with Skrill is free, but 2.99% will be charged in case of using a credit card.

Transaction in the same currency charge up to 4.99%

Neteller

Neteller money transaction fee is 1.45% that is increasing to 2.99% from 26 June 2021. If you are not VIP and Neteller true, then the P2P fee would be 2.99%. If you are not a VIP but a Neteller true, then no charges for P2P transactions. However, there are no charges for transfer money to merchant sites.

Here is a complete table for comparison between both service transfer rates.

Methods For PaymentSkrill FeeNeteller Fee
PaySafeCard1%2.5%
Through Trustly1%2.5%
Bank1%2.5%
Through Visa Card1%2.5%
Through EPSN/A2.5%
Dinner Club1%N/A
Rapid Transfer1%2.5%
Through Klarna1%2.5%
Through EutellerN/A2.5%
Through NeusurfN/A2.5%
B/w Skrill vs Neteller1%2.5%

Additional Fees/Limits

We mentioned different fee charges for depositing or withdrawing funds from various methods. Here is a complete table to differentiate the fee charges of both services.

Additional Charges SkrillNeteller
Shopping FreeFree
Transaction through ATM No charges for VIP accounts but 1.5% for others1.75%  but low for VIP accounts
Currency Conversions3.99%  but low for VIP accounts3.99%  but low for VIP accounts
Per Day Shopping limit through plastic card1000 EUR but up to 10000 EUR for VIP accounts2700 EUR but up to 10000 EUR for VIP accounts
Deposit charges on merchant sitesFreeFree
Transactions b/w similar accounts1.45% but free for VIP accounts1.45% but free for VIP accounts
Ordering first time plastic card10 EURNo charges
Per day Money Withdraw from ATM 250 EUR, but 5000 for VIPs900 EUR, but 3500 for VIPs
Account In activity1.00 EUR per month after 12 months of inactivity1.80 EUR per month after 14 months of inactivity
Currencies available in plastic cardUSD, EUR, GDB, AUD, SEK, DKK, CADPLN, USD, EUR, GDB
Withdraw fee to bank 5.50 EUR8 EUR
Funds receiving chargesNo chargesNo charges

Neteller vs. Skrill – Physical Card Availability

Prepaid MasterCard is accepted for both Skrill and Neteller accounts to withdraw money. 

Skrill

Skrill claims to deliver the prepaid plastic MasterCard between 50 to 10 working days. Skrill is offering free of charge services like card, PIN renewal requests, etc. 

There are many limitations due to which users can feel discomfort. This card is available for a few currencies, including EUR, PLN, GBP, and USD. There are also limitations on spending an amount. Specific merchants can spend between 3000 to 5000 EUR per day. The regular limit is 250 EUR for ATM transactions, but users can request for permission to limit per day withdraw amount to 5000 EUR using their MasterCard.

Neteller

Net+ Prepaid master card allows using Neteller account money. For this card, you have to pay a 10 USD charging fee and have to wait for between 2 to 10 working days.  

Neteller user can link their four accounts with a single MasterCard for free. In case of connecting more than four accounts, users will be charged 2.5EUR/3USD per account. The currency conversion fee will be 3.99%. 

User-friendly Websites and support

Both Neteller, Skrill service providers have attractive and simple websites that provide all the details about their services. Create an account and log in as a user to get entertained. 

Personally, I feel more comfortable while scrolling Skrill’s website. Skrill is presenting their brand in a much attractive website design. 

Neteller vs. Skrill – The difference in VIP program levels

Whether it’s Neteller or Skrill, they both provide full-time customer support to their users. Visit their official website and get information about their VIP loyalty programs and all other benefits. 

Skrill

To be a part of the Skrill VIP loyalty program, increase fund traffic in accounts throughout an annual quarterly. 

The four tiers with minimum threshold are as follow: 

  • 90000 EUR for Diamond
  • 45000 EUR for Gold
  • 15000 EUR for Silver
  • 6000 EUR for Bronze 

Neteller

Neteller is providing five tiers to allow more users to get part in the VIP loyalty program. Users can rank their accounts based on fund traffic in their accounts. Here is the minimum threshold for each tier:

  • $2,000,000 for Diamond 
  • $500,000 for Platinum
  • $100,000 for the Gold 
  • $50,000 for Silver
  • $10,000 for Bronze

Neteller vs. Skrill – Security

Both service providers allow you to manage your money more securely and safely. 

Neither Neteller nor Skrill requires any bank card or bank account details that limit the people to steal your account details. Both companies are the Financial Conduct Authority (FCA) UK authorized to make secure transactions.

Skrill offers a complete standard package that includes login with dual verification and one-time passwords (OTP) to access the account. 

Neteller users get a unique 6-digit passcode to confirm the identity. When users will access the account or make the transaction, then a 6-digits code will identify the user. 

Top 10 Neteller/Skrill Online Casinos

Here is a list of online casinos that accept these e-wallets transactions. Both services offer a better online gambling environment providing additional security, easy transactions, and quick payout.

First deposit bonus:
100% up to €200 plus 100 free spins
T&C's apply
Available games
Craps
Live Casino Games
Scratch Cards
Slots
Table Games
Advantages
UK Gambling License holder
Attractive welcome offer
Mobile friendly website
Disadvantages
Low cash out limits
Live chat availible only 08:00 - 00:00 CET
Languages restriction
Review
Established
October 20, 2020
Registration bonus:
$3000 plus 300 free spins
First deposit bonus:
25 free spins for all new players
T&C's apply
Available games
Baccarat
Blackjack
Craps
Poker
Roulette
Slots
Sports Betting
Advantages
High cash out limits
Bitcoin payments is supported
Mobile Apps for Android and iOS
24/7 support via live chat
Disadvantages
Long withdrawals process
Sport bets takes priotity over casino games
70% of the deposit must be bet to allow withdrawal
Review
Established
October 20, 2020
First deposit bonus:
100% up to $/€200 plus 20 free spins
T&C's apply
Available games
Craps
Live Casino Games
Scratch Cards
Slots
Table Games
Advantages
Attractive welcome package and monthly cashback
Live casino availible
Good variety of games
Bets game providers
Disadvantages
Long withdrawal process
Low cash out limits
Support availible only 08:00 - 00:00 CET
Review
Established
October 20, 2020
First deposit bonus:
100% up to €100 plus 25 free spins
T&C's apply
Available games
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Table Games
Advantages
Attractive 100% welcome bonus
iTech Labs certification
UK Gambling License holder
Disadvantages
Low cashout limits
Live chat isn't availible 24/7
Limited languages
Review
Established
October 20, 2020
First deposit bonus:
100% up to €/$100
T&C's apply
Available games
Baccarat
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Advantages
High cash out limits
24/7 live chat
Best game providers
Atractive VIP program
Disadvantages
Country restrictions
Long withdrawal process
Review
Established
October 20, 2020
Registration bonus:
Tatal welcome package €400 plus 120 free spins
First deposit bonus:
100% up to €250 plus 50 free spins
T&C's apply
Available games
Blackjack
Craps
Live Casino Games
Roulette
Slots
Table Games
Advantages
Apps for Android and iOS
Big cash out limit
24/7 support via live chat and email
Very fast withdrawal
Disadvantages
Welcome bonus depends on the player's location
No video poker games
US players are restricted
Withdrawal limits differs per location and payment method
Review
Established
October 20, 2020
Registration bonus:
100 free spins plus 10 free spins for the next 10 days
First deposit bonus:
100% up to €100 plus 500 free spins
T&C's apply
Available games
Live Casino Games
Poker
Slots
Table Games
Advantages
Generous welcome offers and deposit bonuses
Mobile-friendly casino
High cash out limits
Live chat support availible 24/7
Disadvantages
High minimum withdrawal limit
Limits on the operation of player accounts can be changed by the operator
Countries and languages restrictions
Review
Established
October 20, 2020
First deposit bonus:
100% up to $/€150 plus 55 free spins
T&C's apply
Available games
Baccarat
Blackjack
Craps
Live Casino Games
Poker
Roulette
Slots
Advantages
Great bonus packages on the first deposit
Fast withdrawals
Support available 24/7
Payments in cryptocurrencies are supported
Disadvantages
Country restrictions
Strict wagering requirements from bonuses
Big winnings are paid in several instalments
Bank transfer in USD isn't available
Review
Established
October 20, 2020
First deposit bonus:
100% up to $100 plus 300 free spins
T&C's apply
Available games
Blackjack
Live Casino Games
Poker
Roulette
Slots
Table Games
Advantages
Mobile Apps for Android and iOS
Great welcome offer and atractive VIP program
Best game developers
Disadvantages
Casino gets a fee for some withdrawal methods
Support isn't available 24/7
Countries and languages restriction
Review
Established
October 20, 2020
Favbet
7.2
Registration bonus:
Risk free bet up to €20 plus 100% deposit bonus up to €100
First deposit bonus:
100% deposit bonus up to €100
T&C's apply
Available games
Baccarat
Craps
Live Casino Games
Poker
Roulette
Slots
Sports Betting
Advantages
Exelent support available 24/7: live chat, Skype and email
Bitcoin payment available
Regular promotions and bonuses
Totally instant-play
Disadvantages
No video pokers game
Low cash out limit
Sports bets take priority over the casino games
Review
Established
October 20, 2020

Frequently Asked Questions

Is Skrill legal in India?

India is on the top of the queue in the list of approved countries for using Skrill e-wallet service.

Is there any cooperation between these two e-wallet payment methods?

Both services are subsidiary companies of a single company known as Paysafe Holding but leading separately.

Can I make transactions between both e-wallet accounts?

Yes, you can make a transaction between them by adding Neteller secure ID in Skrill account to make sure account transactions.

Is Skrill prepaid card available in India?

Unfortunately, the Skrill prepaid card is not available for Indian account holders.

Can I transfer money from Skrill to any account in India?

Yes, you can transfer money to any bank in India. Users have to pay charges per transaction.

Can I transfer money from Neteller to bank in India?

As an Indian user, you can transfer money legally to any account.

Are there any valid expiration periods on any of the plastic cards issued by these service providers?

Both cards have an expiry date mentioned on them.

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