Are NETELLER and Skrill the same?

16 Jul 2024 By PAYCEC

At first glance, NETELLER and Skrill are pretty much the same, as they belong to the same parent company.

However, the fees are different. Skrill charges a fixed 1.90% for credit card deposits, and other methods don't exceed 5.5%. NETELLER, on the other hand, has more deposit options but also comes with higher fees, ranging from 1% to 20%, depending on the method and where you are.

Depositing money into online casinos is free with NETELLER and Skrill. While certain casinos may charge fees, withdrawing money from betting sites is straightforward and free with both providers.

Taking money out of your wallet is a bit different for each. Skrill lets you withdraw via bank transfers, credit or debit cards, and a Skrill card. The Skrill card is the fastest and cheapest, allowing instant ATM withdrawals for just 1.80.

NETELLER offers these methods plus cheques, though cheques take longer and cost more. Their Net+ prepaid MasterCard is similar to the Skrill card for quick and free withdrawals.

NETELLER also seems to be better with customer service, responding to queries faster than Skrill, which can be a huge differentiator if you need help quickly.

It is now clear that NETELLER and Skrill are not the same. So, deciding which is better comes down to what is valuable to you.

For example, Skrill may be fantastic for lower fees and faster service, but when it comes to deposit options, NETELLER wins. However, both are excellent, so you cannot go wrong either way.